Q2 Earnings Forecast for MarketAxess Issued By William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - William Blair upped their Q2 2025 earnings per share (EPS) estimates for shares of MarketAxess in a report released on Tuesday, July 15th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings per share of $1.94 for the quarter, up from their previous forecast of $1.89. William Blair has a "Outperform" rating on the stock. The consensus estimate for MarketAxess' current full-year earnings is $7.79 per share.

MarketAxess (NASDAQ:MKTX - Get Free Report) last posted its earnings results on Wednesday, May 7th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.05. MarketAxess had a return on equity of 19.93% and a net margin of 26.57%. The firm had revenue of $208.58 million for the quarter, compared to analysts' expectations of $211.81 million. During the same period in the previous year, the firm earned $1.92 earnings per share. The business's revenue was down .8% compared to the same quarter last year.

A number of other equities research analysts also recently issued reports on the stock. Citigroup boosted their price objective on shares of MarketAxess from $250.00 to $265.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Barclays reduced their target price on shares of MarketAxess from $240.00 to $237.00 and set an "equal weight" rating for the company in a report on Thursday, July 10th. Bank of America lifted their target price on shares of MarketAxess from $189.00 to $191.00 and gave the company an "underperform" rating in a research note on Wednesday, April 2nd. UBS Group reissued a "buy" rating and set a $295.00 price target on shares of MarketAxess in a report on Tuesday, July 8th. Finally, Piper Sandler reissued a "neutral" rating and set a $204.00 price target (up from $202.00) on shares of MarketAxess in a report on Tuesday, July 15th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $240.67.

MarketAxess Stock Performance

Shares of NASDAQ MKTX traded down $1.08 during mid-day trading on Friday, hitting $207.76. 391,570 shares of the stock traded hands, compared to its average volume of 498,562. MarketAxess has a 52 week low of $186.84 and a 52 week high of $296.68. The company has a market cap of $7.79 billion, a price-to-earnings ratio of 28.92, a PEG ratio of 2.75 and a beta of 0.85. The stock has a fifty day moving average price of $219.17 and a 200-day moving average price of $215.08.

Hedge Funds Weigh In On MarketAxess

Several institutional investors and hedge funds have recently bought and sold shares of MKTX. Geneos Wealth Management Inc. raised its position in shares of MarketAxess by 200.0% in the first quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider's stock worth $26,000 after acquiring an additional 80 shares during the period. Allianz SE purchased a new stake in shares of MarketAxess in the 4th quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of MarketAxess by 49.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 164 shares of the financial services provider's stock valued at $35,000 after buying an additional 54 shares during the period. Huntington National Bank grew its stake in shares of MarketAxess by 185.7% in the 4th quarter. Huntington National Bank now owns 160 shares of the financial services provider's stock valued at $36,000 after buying an additional 104 shares during the period. Finally, Harbor Investment Advisory LLC purchased a new position in shares of MarketAxess during the 2nd quarter worth approximately $37,000. 99.01% of the stock is owned by hedge funds and other institutional investors.

About MarketAxess

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.