NASDAQ:MKTX - MarketAxess Stock Price, Price Target & More

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$205.07 -5.93 (-2.81 %)
(As of 06/25/2018 03:31 PM ET)
Previous Close$210.68
Today's Range$204.71 - $210.68
52-Week Range$171.45 - $229.84
Volume5,225 shs
Average Volume159,815 shs
Market Capitalization$7.86 billion
P/E Ratio54.10
Dividend Yield0.80%
Beta0.58
MarketAxess logoMarketAxess 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

Industry Security brokers & dealers
Sub-IndustrySpecialized Finance
SectorFinance
SymbolNASDAQ:MKTX
CUSIP57060D10
Phone212-831-6000

Debt

Debt-to-Equity RatioN/A
Current Ratio9.33
Quick Ratio9.33

Price-To-Earnings

Trailing P/E Ratio54.10
Forward P/E Ratio45.67
P/E GrowthN/A

Sales & Book Value

Annual Sales$397.47 million
Price / Sales19.21
Cash Flow$4.3410 per share
Price / Cash47.24
Book Value$13.71 per share
Price / Book14.96

Profitability

EPS (Most Recent Fiscal Year)$3.90
Net Income$148.08 million
Net Margins37.61%
Return on Equity29.82%
Return on Assets27.00%

Miscellaneous

Employees429
Outstanding Shares37,240,000

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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, April 26th. Investors of record on Wednesday, May 9th will be paid a dividend of $0.42 per share on Wednesday, May 23rd. This represents a $1.68 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend is Tuesday, May 8th. View MarketAxess' Dividend History.

How will MarketAxess' stock buyback program work?

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

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) posted its quarterly earnings data on Wednesday, April, 25th. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.22 by $0.05. The financial services provider earned $114.71 million during the quarter, compared to analysts' expectations of $114.45 million. MarketAxess had a return on equity of 29.82% and a net margin of 37.61%. The company's revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.11 EPS. View MarketAxess' Earnings History.

When is MarketAxess' next earnings date?

MarketAxess is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for MarketAxess.

What price target have analysts set for MKTX?

6 Wall Street analysts have issued twelve-month price targets for MarketAxess' stock. Their predictions range from $190.00 to $219.00. On average, they expect MarketAxess' share price to reach $209.80 in the next year. View Analyst Ratings for MarketAxess.

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, CFO & Principal Accounting Officer (Age 56)
  • Mr. Nicholas Themelis, Chief Information Officer (Age 54)
  • Ms. Hue-Kan Tran, Global Head of Operations
  • Mr. David Krein, Head of Research

Has MarketAxess been receiving favorable news coverage?

Media headlines about MKTX stock have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MarketAxess earned a coverage optimism score of 0.08 on Accern's scale. They also gave press coverage about the financial services provider an impact score of 45.95 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by many different of institutional and retail investors. Top institutional investors include BAILLIE GIFFORD & COMPANY (10.01%), Baillie Gifford & Co. (9.83%), BlackRock Inc. (8.84%), Wells Fargo & Company MN (3.04%), Kayne Anderson Rudnick Investment Management LLC (3.01%) and Neuberger Berman Group LLC (2.76%). 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 Allianz Asset Management GmbH, Allianz Asset Management GmbH, Franklin Resources Inc., Atlantic Trust Group LLC, KAMES CAPITAL plc, Wells Fargo & Company MN, Reynders McVeigh Capital Management LLC and JPMorgan Chase & Co.. 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 major investors are buying MarketAxess stock?

MKTX stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., American Century Companies Inc., BlackRock Inc., Ownership Capital B.V., Lord Abbett & CO. LLC, Royal Bank of Canada, Frontier Capital Management Co. LLC and Kayne Anderson Rudnick Investment Management LLC. 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 $205.07.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $7.86 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.

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 212-831-6000 or via email at [email protected]


MarketBeat Community Rating for MarketAxess (MKTX)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  510
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 6/25/2018 by MarketBeat.com Staff

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