Financhill
Sell
46

MKTX Quote, Financials, Valuation and Earnings

Last price:
$230.30
Seasonality move :
5.35%
Day range:
$227.45 - $230.43
52-week range:
$192.42 - $297.97
Dividend yield:
1.29%
P/E ratio:
31.08x
P/S ratio:
10.66x
P/B ratio:
6.24x
Volume:
131.2K
Avg. volume:
446.1K
1-year change:
-20.4%
Market cap:
$8.6B
Revenue:
$752.5M
EPS (TTM):
$7.38

Analysts' Opinion

  • Consensus Rating
    MarketAxess Holdings has received a consensus rating of Hold. The company's average rating is a Hold based on 4 Buy ratings, 10 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $281.00, MarketAxess Holdings has an estimated upside of 22.49% from its current price of $229.40.
  • Price Target Downside
    According to analysts, the lowest downside price target is $201.00 representing 100% downside risk from its current price of $229.40.

Fair Value

  • According to the consensus of 14 analysts, MarketAxess Holdings has 22.49% upside to fair value with a price target of $281.00 per share.

MKTX vs. S&P 500

  • Over the past 5 trading days, MarketAxess Holdings has underperformed the S&P 500 by -5.14% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • MarketAxess Holdings does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • MarketAxess Holdings has grown year-over-year revenues for 5 quarters straight. In the most recent quarter MarketAxess Holdings reported revenues of $206.7M.

Earnings Growth

  • MarketAxess Holdings has grown year-over-year earnings for 2 quarters straight. In the most recent quarter MarketAxess Holdings reported earnings per share of $1.90.
Enterprise value:
8.1B
EV / Invested capital:
5.87x
Price / LTM sales:
10.66x
EV / EBIT:
22.42x
EV / Revenue:
10.01x
PEG ratio (5yr expected):
2.59x
EV / Free cash flow:
27.87x
Price / Operating cash flow:
29.66x
Enterprise value / EBITDA:
18.31x
Gross Profit (TTM):
$578.1M
Return On Assets:
14.82%
Net Income Margin (TTM):
34.32%
Return On Equity:
21.38%
Return On Invested Capital:
21.38%
Operating Margin:
42.11%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $705.5M $733.2M $811.9M $172.3M $206.7M
Gross Profit $526.2M $539.5M $578.1M $123.4M $148.3M
Operating Income $321.8M $315.7M $337.9M $66.9M $87.1M
EBITDA $397.5M $401.2M $444.2M $91M $113.8M
Diluted EPS $6.44 $6.59 $7.38 $1.46 $1.90
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets $844.3M $1.1B $1.1B $1.1B $1.1B
Total Assets $1.2B $1.6B $1.6B $1.7B $1.8B
Current Liabilities $203.3M $417.6M $412.5M $423.5M $318.9M
Total Liabilities $348M $556.6M $541M $546.5M $446.8M
Total Equity $897.5M $1.1B $1B $1.2B $1.4B
Total Debt -- -- -- -- --
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations $300.7M $326.3M $350.7M $79.2M $95.1M
Cash From Investing -$79.6M -$81.7M -$166.9M -$15.9M -$41.5M
Cash From Financing -$285.6M -$137.7M -$192.7M -$23.1M -$42.5M
Free Cash Flow $255.6M $269.1M $291.8M $63.1M $82.9M
MKTX
Sector
Market Cap
$8.6B
$700.3M
Price % of 52-Week High
76.99%
88.31%
Dividend Yield
1.29%
2.2%
Shareholder Yield
1.75%
3.87%
1-Year Price Total Return
-20.4%
7.75%
Beta (5-Year)
1.001
0.737
Dividend yield:
1.29%
Annualized payout:
$2.88
Payout ratio:
40.38%
Growth streak:
10 years

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Technicals

8-day SMA
Sell
Level $231.42
200-day SMA
Sell
Level $233.56
Bollinger Bands (100)
Sell
Level 0 - 0
Chaikin Money Flow
Sell
Level --
20-day SMA
Sell
Level $242.17
Relative Strength Index (RSI14)
Sell
Level 27.35
ADX Line
Neutral
Level 0
Williams %R
Buy
Level -86.6729
50-day SMA
Sell
Level $264.14
MACD (12, 26)
Sell
Level -9.74
25-day Aroon Oscillator
Sell
Level -92
On Balance Volume
Neutral
Level --

Financial Scores

Buy
Altman Z-Score (Annual)
Level (11.4624)
Buy
CA Score (Annual)
Level (1.2435)
--
Beneish M-Score (Annual)
Level (--)
Buy
Momentum Score
Level (8)
Buy
Ohlson Score
Level (-2.365)
Buy
Piotroski F Score (Annual)
Level (4)
Buy
Quality Ratio Score
Level (5)
Buy
Fundamental Score
Level (9)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being US investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Borse Group in 2020 adding to its product offerings.

Stock Forecast FAQ

In the current month, MKTX has received 4 Buy ratings 10 Hold ratings, and 0 Sell ratings. The MKTX average analyst price target in the past 3 months is $281.00.

  • Where Will MarketAxess Holdings Stock Be In 1 Year?

    According to analysts, the consensus estimate is that MarketAxess Holdings share price will rise to $281.00 per share over the next 12 months.

  • What Do Analysts Say About MarketAxess Holdings?

    Analysts are divided on their view about MarketAxess Holdings share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that MarketAxess Holdings is a Sell and believe this share price will drop from its current level to $201.00.

  • What Is MarketAxess Holdings's Price Target?

    The price target for MarketAxess Holdings over the next 1-year time period is forecast to be $281.00 according to 14 Wall Street analysts, 4 of them rate the stock a Buy, 0 rate the stock a Sell, and 10 analysts rate the stock a Hold.

  • Is MKTX A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for MarketAxess Holdings is a Hold. 10 of 14 analysts rate the stock a Hold at this time.

  • How Can I Buy Shares Of MKTX?

    You can purchase shares of MarketAxess Holdings via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase MarketAxess Holdings shares.

  • What Is The MarketAxess Holdings Share Price Today?

    MarketAxess Holdings was last trading at $230.30 per share. This represents the most recent stock quote for MarketAxess Holdings. Yesterday, MarketAxess Holdings closed at $229.40 per share.

  • How To Buy MarketAxess Holdings Stock Online?

    In order to purchase MarketAxess Holdings stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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