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

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$207.59 +1.61 (+0.78 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$205.98
Today's Range$205.61 - $209.28
52-Week Range$171.45 - $229.84
Volume193,200 shs
Average Volume220,577 shs
Market Capitalization$7.67 billion
P/E Ratio53.39
Dividend Yield0.82%
Beta0.62
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

Stock Exchange NASDAQ
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 Ratio53.39
Forward P/E Ratio46.65
P/E GrowthN/A

Sales & Book Value

Annual Sales$397.47 million
Price / Sales19.45
Cash Flow$4.5040 per share
Price / Cash46.09
Book Value$13.71 per share
Price / Book15.14

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
Market Cap$7,665.61

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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 announced a quarterly dividend on Thursday, April 26th. Shareholders of record on Wednesday, May 9th will be given a dividend of $0.42 per share on Wednesday, May 23rd. This represents a $1.68 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date 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 buyback plan 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 purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its earnings results on Wednesday, April, 25th. The financial services provider reported $1.27 earnings per share for the quarter, beating analysts' consensus estimates of $1.22 by $0.05. The financial services provider earned $114.71 million during the quarter, compared to analyst estimates of $114.45 million. MarketAxess had a return on equity of 29.82% and a net margin of 37.61%. The business's revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $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 brokerages have issued 1-year price objectives for MarketAxess' shares. Their predictions range from $190.00 to $219.00. On average, they anticipate MarketAxess' stock price to reach $209.80 in the next year. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Ratings for MarketAxess.

What is the consensus analysts' recommendation for MarketAxess?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarketAxess in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

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 Roupie, Head of Europe and Asia - Marketaxess Europe Limited & Trax (Age 52)

Has MarketAxess been receiving favorable news coverage?

News stories about MKTX stock have been trending somewhat positive on Tuesday, according to Accern Sentiment. Accern ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MarketAxess earned a daily sentiment score of 0.13 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 47.20 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are MarketAxess' major shareholders?

MarketAxess' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BAILLIE GIFFORD & COMPANY (10.01%), Baillie Gifford & Co. (9.89%), KAMES CAPITAL plc (1.01%), Scout Investments Inc. (0.13%), Forte Capital LLC ADV (0.10%) and Bank of Montreal Can (0.05%). 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 Scout Investments Inc., Columbia Partners L L C Investment Management and Atria Investments 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 Baillie Gifford & Co., Bank of Montreal Can, KAMES CAPITAL plc, Forte Capital LLC ADV, State of Alaska Department of Revenue and Xact Kapitalforvaltning AB. 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 $207.59.

How big of a company is MarketAxess?

MarketAxess has a market capitalization of $7.67 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 (NASDAQ MKTX)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  521
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 7/17/2018 by MarketBeat.com Staff

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