NASDAQ:MKTX - MarketAxess Stock Price, News, & Analysis

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$217.03 +2.38 (+1.11 %)
(As of 11/21/2018 08:33 AM ET)
Previous Close$214.65
Today's Range$210.3392 - $219.94
52-Week Range$172.09 - $229.84
Volume299,438 shs
Average Volume266,035 shs
Market Capitalization$8.07 billion
P/E Ratio55.65
Dividend Yield0.78%
Beta0.11
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments worldwide. It offers institutional investor and broker-dealer the access to global liquidity in U.S. high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, U.S. agency bonds, municipal bonds, credit default swaps, and other fixed-income securities. The company, through its Open Trading protocol, executes trades in certain bonds between and among institutional investor and broker-dealer clients in an all-to-all trading environment on a matched principal basis. It also offers trading-related products and services, including market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through processing; technology services to optimize trading environments; and execution services for exchange-traded fund managers and other clients. In addition, the company, through its Trax division, offers a range of pre-and post-trade services, including trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was founded in 2000 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Security brokers & dealers
Sub-IndustrySpecialized Finance
SectorFinance
Current SymbolNASDAQ:MKTX
Previous Symbol
CUSIP57060D10
Phone212-813-6000

Debt

Debt-to-Equity RatioN/A
Current Ratio7.80
Quick Ratio7.80

Price-To-Earnings

Trailing P/E Ratio55.65
Forward P/E Ratio49.10
P/E Growth9.71

Sales & Book Value

Annual Sales$397.47 million
Price / Sales20.53
Cash Flow$4.5158 per share
Price / Cash48.06
Book Value$15.39 per share
Price / Book14.10

Profitability

EPS (Most Recent Fiscal Year)$3.90
Net Income$148.08 million
Net Margins37.97%
Return on Equity29.40%
Return on Assets26.42%

Miscellaneous

Employees429
Outstanding Shares37,590,000
Market Cap$8.07 billion
OptionableOptionable

MarketAxess (NASDAQ:MKTX) Frequently Asked Questions

What is MarketAxess' stock symbol?

MarketAxess trades on the NASDAQ under the ticker symbol "MKTX."

How often does MarketAxess pay dividends? What is the dividend yield for MarketAxess?

MarketAxess declared a quarterly dividend on Thursday, October 25th. Stockholders of record on Wednesday, November 7th will be paid a dividend of $0.42 per share on Wednesday, November 21st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Tuesday, November 6th. View MarketAxess' Dividend History.

How will MarketAxess' stock buyback program work?

MarketAxess announced that its Board of Directors has approved a share repurchase program on Wednesday, October 25th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings results on Wednesday, October, 24th. The financial services provider reported $1.02 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.93 by $0.09. The financial services provider had revenue of $101.44 million for the quarter, compared to analysts' expectations of $101.19 million. MarketAxess had a return on equity of 29.40% and a net margin of 37.97%. The firm's quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.90 earnings per share. View MarketAxess' Earnings History.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for MarketAxess.

What price target have analysts set for MKTX?

9 brokers have issued 1 year price targets for MarketAxess' stock. Their forecasts range from $190.00 to $219.00. On average, they anticipate MarketAxess' share price to reach $206.7143 in the next year. This suggests that the stock has a possible downside of 4.8%. View Analyst Price Targets for MarketAxess.

What is the consensus analysts' recommendation for MarketAxess?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 1 sell rating and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MarketAxess.

Has MarketAxess been receiving favorable news coverage?

News articles about MKTX stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. MarketAxess earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of MarketAxess' key competitors?

Who are MarketAxess' key executives?

MarketAxess' management team includes the folowing people:
  • Mr. Richard Mitchell McVey, Chairman & CEO (Age 58)
  • Mr. Antonio Louis DeLise, Chief Financial Officer (Age 56)
  • Mr. Nicholas Themelis, Chief Information Officer (Age 54)
  • Mr. Kevin M. McPherson, Global Head of Sales (Age 47)
  • Mr. Christophe P. D. Roupie, Head of Europe and Asia - Marketaxess Europe Limited & Trax (Age 52)

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by a number of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (9.80%), BlackRock Inc. (9.25%), Capital World Investors (4.99%), Wells Fargo & Company MN (3.34%), Neuberger Berman Group LLC (2.54%) and Alliancebernstein L.P. (2.11%). Company insiders that own MarketAxess stock include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey, Ronald M Hersch and Stephen P Casper. View Institutional Ownership Trends for MarketAxess.

Which major investors are selling MarketAxess stock?

MKTX stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., FMR LLC, Blair William & Co. IL, Artemis Investment Management LLP, Bahl & Gaynor Inc., Neuberger Berman Group LLC, KAMES CAPITAL plc and Burgundy Asset Management Ltd.. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, David G Gomach, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey and Stephen P Casper. View Insider Buying and Selling for MarketAxess.

Which major investors are buying MarketAxess stock?

MKTX stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Capital World Investors, Alliancebernstein L.P., Wells Fargo & Company MN, Marathon Asset Management LLP, BlackRock Inc., Carillon Tower Advisers Inc. and Eagle Asset Management Inc.. View Insider Buying and Selling for MarketAxess.

How do I buy shares of MarketAxess?

Shares of MKTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MarketAxess' stock price today?

One share of MKTX stock can currently be purchased for approximately $217.03.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $8.07 billion and generates $397.47 million in revenue each year. The financial services provider earns $148.08 million in net income (profit) each year or $3.90 on an earnings per share basis. MarketAxess employs 429 workers across the globe.

What is MarketAxess' official website?

The official website for MarketAxess is http://www.marketaxess.com.

How can I contact MarketAxess?

MarketAxess' mailing address is 299 PARK AVENUE 10TH FLOOR, NEW YORK NY, 10171. The financial services provider can be reached via phone at 212-813-6000 or via email at [email protected]


MarketBeat Community Rating for MarketAxess (NASDAQ MKTX)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  407 (Vote Underperform)
Total Votes:  616
MarketBeat's community ratings are surveys of what our community members think about MarketAxess and other stocks. Vote "Outperform" if you believe MKTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MKTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/21/2018 by MarketBeat.com Staff

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