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

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$207.40 -1.08 (-0.52 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$208.48
Today's Range$205.98 - $210.00
52-Week Range$171.53 - $229.84
Volume195,700 shs
Average Volume220,836 shs
Market Capitalization$7.84 billion
P/E Ratio53.20
Dividend Yield0.81%
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 Ratio53.20
Forward P/E Ratio46.92
P/E Growth9.43

Sales & Book Value

Annual Sales$397.47 million
Price / Sales19.61
Cash Flow$4.4430 per share
Price / Cash46.68
Book Value$15.39 per share
Price / Book13.48

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$7.84 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 announced a quarterly dividend on Thursday, October 25th. Investors 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 annualized dividend and a yield of 0.81%. 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 initiated a stock buyback program on Wednesday, October 25th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings data on Wednesday, October, 24th. The financial services provider reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.09. The financial services provider earned $101.44 million during the quarter, compared to the consensus estimate of $101.19 million. MarketAxess had a net margin of 37.97% and a return on equity of 29.40%. MarketAxess's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.90 EPS. 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 objectives for MarketAxess' stock. Their forecasts range from $190.00 to $219.00. On average, they expect MarketAxess' share price to reach $206.7143 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. 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 trended negative on Monday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MarketAxess earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect 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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.25%), Wells Fargo & Company MN (3.34%), Alliancebernstein L.P. (2.11%), American Century Companies Inc. (1.96%), Janus Henderson Group PLC (1.80%) and Van Berkom & Associates Inc. (1.23%). 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 institutional investors are selling MarketAxess stock?

MKTX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Artemis Investment Management LLP, Bahl & Gaynor Inc., KAMES CAPITAL plc, Van Berkom & Associates Inc., American Century Companies Inc., Comerica Bank and SG Americas Securities LLC. Company insiders that have sold MarketAxess company stock in the last year include Antonio L Delise, David G Gomach, John Steinhardt, Kevin M Mcpherson, Nicholas Themelis, Richard M Mcvey and Stephen P Casper. View Insider Buying and Selling for MarketAxess.

Which institutional investors are buying MarketAxess stock?

MKTX stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Wells Fargo & Company MN, Marathon Asset Management LLP, BlackRock Inc., Eagle Asset Management Inc., Migdal Insurance & Financial Holdings Ltd., Public Employees Retirement Association of Colorado and Victory Capital 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 $207.40.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $7.84 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:  208 (Vote Outperform)
Underperform Votes:  407 (Vote Underperform)
Total Votes:  615
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 11/12/2018 by MarketBeat.com Staff

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