Marketaxess Story

MKTX -  USA Stock  

USD 456.30  4.08  0.90%

MarketAxess Holdings Revenue to Assets are fairly stable at the moment as compared to the past year. MarketAxess Holdings reported Revenue to Assets of 0.54 in 2019. Total Assets Per Share is likely to rise to 27.16 in 2020, whereas Net Income Per Employee is likely to drop slightly above 323.5 K in 2020. MarketAxess Holdings is scheduled to announce its earnings today. The next earnings report is expected on the 3rd of February 2021. The stock is in a buyout trend. As many risky investors are excited about financial services space, it is only fair to break down MarketAxess Holdings based on its current volatility. I will address the reasons this entity was abused by investors resulted from the current market uncertainty. Will investors continue to hold, or should we expect a sell-off?
Published over six months ago
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Should you pay attention to changing MarketAxess Holdings (NASDAQ:MKTX) fundamentals?
MarketAxess Holdings is OVERVALUED at 506.15 per share with modest projections ahead. We consider MarketAxess Holdings very steady. MarketAxess Holdings has Sharpe Ratio of 0.0947, which conveys that the firm had 0.0947% of return per unit of risk over the last month. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for MarketAxess Holdings, which you can use to evaluate future volatility of the firm. Please verify MarketAxess Holdings mean deviation of 1.9, and Risk Adjusted Performance of (0.06) to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Marketaxess Holdings income statement, its balance sheet, and the statement of cash flows. Potential Marketaxess Holdings investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Marketaxess Holdings investors may use each financial statement separately, they are all related. The changes in Marketaxess Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Marketaxess Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Marketaxess Holdings fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Marketaxess Holdings performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Marketaxess Holdings shares is the value that is considered the true value of the share. If the intrinsic value of Marketaxess is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Marketaxess Holdings.
Please read more on our fundamental analysis page.

What is Marketaxess Asset Breakdown?

Marketaxess Holdings reports assets on its Balance Sheet. It represents the amount of Marketaxess resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Marketaxess volatility, please check the breakdown of all its fundamentals

Are Marketaxess Holdings Earnings Expected to grow?

The future earnings power of Marketaxess Holdings involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Marketaxess Holdings factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Marketaxess Holdings stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Marketaxess expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Marketaxess Holdings earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Marketaxess Holdings dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Marketaxess one year expected dividend income is about $0.94 per share.
Dividend Yield is likely to rise to 0.004105 in 2021, whereas Payment of Dividends and Other Cash Distributions is likely to drop (92.9 M) in 2021.
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-90.6 M-92.9 M
Dividend Yield 0.004  0.004105 
Dividends per Basic Common Share 2.40  1.94 
Investing in stocks that pay dividends, such as stock of Marketaxess Holdings, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Marketaxess Holdings must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Marketaxess Holdings. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Marketaxess Holdings, but it might be worth checking our own buy vs. sell analysis

Marketaxess Holdings Gross Profit

Marketaxess Holdings Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Marketaxess Holdings previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Marketaxess Holdings Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Exercise or conversion by Kevin McPherson of 3000 shares of Marketaxess Holdings subject to Rule 16b-3

Legal trades by Marketaxess Holdings insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Marketaxess insider trading alert for exercise of stock option (right to buy) by Kevin McPherson, Global Head of Sales, on 13th of May 2021. This event was filed by Marketaxess Holdings Inc with SEC on 2021-05-13. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Detailed Perspective On Marketaxess Holdings

There are few distinct groups of MarketAxess Holdings stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of MarketAxess is distributed among investors.

Ownership Allocation

MarketAxess Holdings holds a total of 37.97 Million outstanding shares. The majority of MarketAxess Holdings outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in MarketAxess Holdings to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in MarketAxess Holdings. Please pay attention to any change in the institutional holdings of MarketAxess Holdings as this could imply that something significant has changed or about to change at the company. Also note that almost seven hundred fifty-nine thousand four hundred invesors are currently shorting MarketAxess Holdings expressing very little confidence in its future performance.

Retail Investors-1.53

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. MarketAxess Holdings has an asset utilization ratio of 140.11 percent. This suggests that the company is making $1.4 for each dollar of assets. An increasing asset utilization means that MarketAxess Holdings is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
607 M
224.3 M
Current Assets607.04 Million72.98
Goodwill224.26 Million26.96
Tax Assets514,1840.0618

MarketAxess Holdings implied volatility may change after the rise

Current coefficient of variation indicator falls down to -1349.22. Possible price jump? MarketAxess Holdings exhibits very low volatility with skewness of -6.26 and kurtosis of 45.92. However, we advise investors to further study MarketAxess Holdings technical indicators to make sure all market info is available and is reliable.

Our Final Takeaway

While some firms under the capital markets industry are still a bit expensive, MarketAxess Holdings may offer a potential longer-term growth to investors. To conclude, as of the 27th of October 2020, we believe MarketAxess Holdings is currently overvalued. It follows the market closely and projects close to average probability of financial unrest in the next two years. Our concluding 30 days Buy-Hold-Sell recommendation on the company is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Marketaxess Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.

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