Marketaxess Holdings Stock Buy Hold or Sell Recommendation
MKTX Stock | USD 202.77 2.17 1.06% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding MarketAxess Holdings is 'Strong Hold'. Macroaxis provides MarketAxess Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MKTX positions. The advice algorithm takes into account all of MarketAxess Holdings' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting MarketAxess Holdings' buy or sell advice are summarized below:
Real Value 241.83 | Target Price 262.82 | Hype Value 200.41 | Market Value 202.77 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell MarketAxess Holdings given historical horizon and risk tolerance towards MarketAxess Holdings. When Macroaxis issues a 'buy' or 'sell' recommendation for MarketAxess Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
MarketAxess |
Execute MarketAxess Holdings Buy or Sell Advice
The MarketAxess recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MarketAxess Holdings. Macroaxis does not own or have any residual interests in MarketAxess Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MarketAxess Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
MarketAxess Holdings Trading Alerts and Improvement Suggestions
MarketAxess Holdings generated a negative expected return over the last 90 days | |
MarketAxess Holdings has a strong financial position based on the latest SEC filings | |
Over 98.0% of the company shares are owned by institutional investors | |
On 28th of February 2024 MarketAxess Holdings paid $ 0.74 per share dividend to its current shareholders | |
Latest headline from businesswire.com: MarketAxess to Host Conference Call Announcing First Quarter 2024 Financial Results on Tuesday, May 7, 2024 |
MarketAxess Holdings Returns Distribution Density
The distribution of MarketAxess Holdings' historical returns is an attempt to chart the uncertainty of MarketAxess Holdings' future price movements. The chart of the probability distribution of MarketAxess Holdings daily returns describes the distribution of returns around its average expected value. We use MarketAxess Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MarketAxess Holdings returns is essential to provide solid investment advice for MarketAxess Holdings.
Mean Return | -0.39 | Value At Risk | -2.92 | Potential Upside | 2.89 | Standard Deviation | 2.76 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MarketAxess Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
MarketAxess Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MarketAxess Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MarketAxess Holdings backward and forwards among themselves. MarketAxess Holdings' institutional investor refers to the entity that pools money to purchase MarketAxess Holdings' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Fmr Inc | 2023-12-31 | 790.5 K | Ownership Capital Bv | 2023-12-31 | 770.6 K | Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 659 K | Amvescap Plc. | 2023-12-31 | 585.7 K | Wasatch Advisors Inc. | 2023-12-31 | 512 K | Baillie Gifford & Co Limited. | 2023-12-31 | 511 K | Artisan Partners Limited Partnership | 2023-12-31 | 479.1 K | Norges Bank | 2023-12-31 | 438.9 K | Eagle Asset Management, Inc. | 2023-12-31 | 436 K | Vanguard Group Inc | 2023-12-31 | 4.5 M | Blackrock Inc | 2023-12-31 | 3.2 M |
MarketAxess Holdings Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 26.8M | 333.8M | 17.5M | (52.9M) | 14.7M | 28.7M | |
Free Cash Flow | 231.2M | 358.9M | 231.5M | 237.4M | 307.7M | 323.1M | |
Depreciation | 32.7M | 42.8M | 60.2M | 67.2M | 76.4M | 80.2M | |
Other Non Cash Items | (786K) | (550K) | (466K) | (8.2M) | 1.6M | 1.4M | |
Capital Expenditures | 34.7M | 45.6M | 50.6M | 51.9M | 52.4M | 55.1M | |
Net Income | 204.9M | 299.4M | 257.9M | 250.2M | 258.1M | 271.0M | |
End Period Cash Flow | 274.3M | 608.1M | 625.6M | 572.7M | 496.4M | 521.2M | |
Change To Inventory | (826K) | (1.2M) | 76.4M | (16.0M) | (18.4M) | (19.3M) | |
Dividends Paid | 76.2M | 90.6M | 99.8M | 105.9M | (109.7M) | (104.2M) | |
Investments | 10.1M | 137.8M | (67.7M) | (34.4M) | (81.7M) | (77.7M) | |
Change Receivables | (3.0M) | (200.9M) | (141.3M) | (62.8M) | (56.5M) | (59.3M) | |
Change To Netincome | 31.2M | 103.1M | 22.1M | (23.8M) | (27.4M) | (26.0M) |
MarketAxess Holdings Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MarketAxess Holdings or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MarketAxess Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MarketAxess stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.47 | |
β | Beta against NYSE Composite | 1.52 | |
σ | Overall volatility | 2.82 | |
Ir | Information ratio | -0.16 |
MarketAxess Holdings Volatility Alert
MarketAxess Holdings exhibits very low volatility with skewness of -3.8 and kurtosis of 24.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MarketAxess Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MarketAxess Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MarketAxess Holdings Fundamentals Vs Peers
Comparing MarketAxess Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MarketAxess Holdings' direct or indirect competition across all of the common fundamentals between MarketAxess Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as MarketAxess Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MarketAxess Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing MarketAxess Holdings by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare MarketAxess Holdings to competition |
Fundamentals | MarketAxess Holdings | Peer Average |
Return On Equity | 0.22 | -0.31 |
Return On Asset | 0.11 | -0.14 |
Profit Margin | 0.34 % | (1.27) % |
Operating Margin | 0.39 % | (5.51) % |
Current Valuation | 7.21 B | 16.62 B |
Shares Outstanding | 37.87 M | 571.82 M |
Shares Owned By Insiders | 1.79 % | 10.09 % |
Shares Owned By Institutions | 98.21 % | 39.21 % |
Number Of Shares Shorted | 1.16 M | 4.71 M |
Price To Earning | 32.01 X | 28.72 X |
Price To Book | 6.24 X | 9.51 X |
Price To Sales | 10.72 X | 11.42 X |
Revenue | 750.9 M | 9.43 B |
Gross Profit | 665.34 M | 27.38 B |
EBITDA | 395.1 M | 3.9 B |
Net Income | 258.06 M | 570.98 M |
Cash And Equivalents | 318.7 M | 2.7 B |
Cash Per Share | 8.50 X | 5.01 X |
Total Debt | 79.68 M | 5.32 B |
Debt To Equity | 0.08 % | 48.70 % |
Current Ratio | 9.20 X | 2.16 X |
Book Value Per Share | 34.12 X | 1.93 K |
Cash Flow From Operations | 360.12 M | 971.22 M |
Short Ratio | 2.70 X | 4.00 X |
Earnings Per Share | 6.85 X | 3.12 X |
Price To Earnings To Growth | 2.84 X | 4.89 X |
Target Price | 248.58 | |
Number Of Employees | 881 | 18.84 K |
Beta | 0.97 | -0.15 |
Market Capitalization | 7.68 B | 19.03 B |
Total Asset | 2.02 B | 29.47 B |
Retained Earnings | 1.24 B | 9.33 B |
Working Capital | 762.84 M | 1.48 B |
Note: Disposition of 160 shares by Scott Pintoff of MarketAxess Holdings at 274.33 subject to Rule 16b-3 [view details]
MarketAxess Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MarketAxess . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.0221 | |||
Daily Balance Of Power | (0.48) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 204.24 | |||
Day Typical Price | 203.75 | |||
Market Facilitation Index | 4.56 | |||
Price Action Indicator | (2.55) | |||
Period Momentum Indicator | (2.17) |
About MarketAxess Holdings Buy or Sell Advice
When is the right time to buy or sell MarketAxess Holdings? Buying financial instruments such as MarketAxess Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2023 | 2024 (projected) | Short Term Investments | 10.7M | 10.2M | Common Stock Total Equity | 141.5K | 114.2K |
Use Investing Ideas to Build Portfolios
In addition to having MarketAxess Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out MarketAxess Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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When running MarketAxess Holdings' price analysis, check to measure MarketAxess Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MarketAxess Holdings is operating at the current time. Most of MarketAxess Holdings' value examination focuses on studying past and present price action to predict the probability of MarketAxess Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MarketAxess Holdings' price. Additionally, you may evaluate how the addition of MarketAxess Holdings to your portfolios can decrease your overall portfolio volatility.
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Is MarketAxess Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MarketAxess Holdings. If investors know MarketAxess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MarketAxess Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.164 | Dividend Share 2.88 | Earnings Share 6.85 | Revenue Per Share 20.043 | Quarterly Revenue Growth 0.109 |
The market value of MarketAxess Holdings is measured differently than its book value, which is the value of MarketAxess that is recorded on the company's balance sheet. Investors also form their own opinion of MarketAxess Holdings' value that differs from its market value or its book value, called intrinsic value, which is MarketAxess Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MarketAxess Holdings' market value can be influenced by many factors that don't directly affect MarketAxess Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MarketAxess Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if MarketAxess Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarketAxess Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.