Marketaxess Holdings Stock Analysis
MKTX Stock | USD 217.75 3.23 1.51% |
MarketAxess Holdings is undervalued with Real Value of 248.63 and Target Price of 262.82. The main objective of MarketAxess Holdings stock analysis is to determine its intrinsic value, which is an estimate of what MarketAxess Holdings is worth, separate from its market price. There are two main types of MarketAxess Holdings' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect MarketAxess Holdings' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of MarketAxess Holdings' stock to identify patterns and trends that may indicate its future price movements.
The MarketAxess Holdings stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. MarketAxess Holdings is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. MarketAxess Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and MarketAxess Holdings' ongoing operational relationships across important fundamental and technical indicators.
MarketAxess |
MarketAxess Stock Analysis Notes
About 98.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.86. MarketAxess Holdings recorded earning per share (EPS) of 6.84. The entity last dividend was issued on the 13th of February 2024. MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York. Marketaxess Holdings operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 732 people. To find out more about MarketAxess Holdings contact Richard McVey at 212 813 6000 or learn more at https://www.marketaxess.com.MarketAxess Holdings Quarterly Total Revenue |
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MarketAxess Holdings Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. MarketAxess Holdings' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding MarketAxess Holdings or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 finance.yahoo.com: 1 Magnificent SP 500 Dividend Stock Thats Down 63 percent and Trading at a Once-in-a-Decade Valuation |
MarketAxess Holdings Upcoming and Recent Events
Earnings reports are used by MarketAxess Holdings to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MarketAxess Holdings previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
31st of January 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
31st of January 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
MarketAxess Largest EPS Surprises
Earnings surprises can significantly impact MarketAxess Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2009-04-29 | 2009-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2009-02-04 | 2008-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2008-07-30 | 2008-06-30 | 0.07 | 0.08 | 0.01 | 14 |
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 originate 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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MarketAxess Holdings's market, we take the total number of its shares issued and multiply it by MarketAxess Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.MarketAxess Profitablity
MarketAxess Holdings' profitability indicators refer to fundamental financial ratios that showcase MarketAxess Holdings' ability to generate income relative to its revenue or operating costs. If, let's say, MarketAxess Holdings is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, MarketAxess Holdings' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of MarketAxess Holdings' profitability requires more research than a typical breakdown of MarketAxess Holdings' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.34 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.39 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.39. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.22 | 0.17 | |
Return On Assets | 0.13 | 0.13 | |
Return On Equity | 0.20 | 0.21 |
Management Efficiency
MarketAxess Holdings has return on total asset (ROA) of 0.1087 % which means that it generated a profit of $0.1087 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2174 %, meaning that it created $0.2174 on every $100 dollars invested by stockholders. MarketAxess Holdings' management efficiency ratios could be used to measure how well MarketAxess Holdings manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MarketAxess Holdings' Return On Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.21 in 2024, whereas Return On Capital Employed is likely to drop 0.17 in 2024. At this time, MarketAxess Holdings' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 703.4 M in 2024, despite the fact that Other Current Assets are likely to grow to (1.2 B).Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 8.53 | 6.04 | |
Enterprise Value Multiple | 26.85 | 15.90 | |
Price Fair Value | 8.53 | 6.04 |
The analysis of MarketAxess Holdings' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze MarketAxess Holdings' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of MarketAxess Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0138 | Forward Dividend Yield 0.0138 | Forward Dividend Rate 2.96 | Beta 0.981 |
Technical Drivers
As of the 28th of March, MarketAxess Holdings secures the Mean Deviation of 1.49, risk adjusted performance of (0.07), and Standard Deviation of 2.67. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MarketAxess Holdings, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for MarketAxess Holdings, which can be compared to its peers in the industry. Please verify MarketAxess Holdings market risk adjusted performance and treynor ratio to decide if MarketAxess Holdings is priced some-what accurately, providing market reflects its recent price of 217.75 per share. Given that MarketAxess Holdings has information ratio of (0.19), we recommend you to check MarketAxess Holdings's last-minute market performance to make sure the company can sustain itself at a future point.MarketAxess Holdings Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MarketAxess Holdings middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MarketAxess Holdings. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
MarketAxess Holdings Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MarketAxess Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on MarketAxess Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MarketAxess Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Scott Pintoff over two weeks ago Disposition of 160 shares by Scott Pintoff of MarketAxess Holdings at 274.33 subject to Rule 16b-3 | ||
Nicholas Themelis over six months ago Sale by Nicholas Themelis of 900 shares of MarketAxess Holdings |
MarketAxess Holdings Predictive Daily Indicators
MarketAxess Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MarketAxess Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
MarketAxess Holdings Corporate Filings
F4 | 1st of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 26th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10K | 22nd of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
13A | 16th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 14th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F3 | 7th of February 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 2nd of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 31st of January 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
MarketAxess Holdings Forecast Models
MarketAxess Holdings' time-series forecasting models are one of many MarketAxess Holdings' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary MarketAxess Holdings' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About MarketAxess Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how MarketAxess Holdings prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MarketAxess shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as MarketAxess Holdings. By using and applying MarketAxess Stock analysis, traders can create a robust methodology for identifying MarketAxess entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.44 | 0.47 | |
Operating Profit Margin | 0.42 | 0.45 | |
Net Profit Margin | 0.34 | 0.36 | |
Gross Profit Margin | 0.80 | 0.50 |
Current MarketAxess Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MarketAxess analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. MarketAxess analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
262.82 | Buy | 15 | Odds |
Most MarketAxess analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MarketAxess stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MarketAxess Holdings, talking to its executives and customers, or listening to MarketAxess conference calls.
MarketAxess Stock Analysis Indicators
MarketAxess Holdings stock analysis indicators help investors evaluate how MarketAxess Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading MarketAxess Holdings shares will generate the highest return on investment. By understating and applying MarketAxess Holdings stock analysis, traders can identify MarketAxess Holdings position entry and exit signals to maximize returns.
Begin Period Cash Flow | 481.7 M | |
Common Stock Shares Outstanding | 37.7 M | |
Total Stockholder Equity | 1.3 B | |
Tax Provision | 80.7 M | |
Quarterly Earnings Growth Y O Y | 0.164 | |
Property Plant And Equipment Net | 165.7 M | |
Cash And Short Term Investments | 507.1 M | |
Cash | 496.4 M | |
Accounts Payable | 37 M | |
Net Debt | -416.7 M | |
50 Day M A | 229.9134 | |
Total Current Liabilities | 582.3 M | |
Other Operating Expenses | 432.2 M | |
Non Current Assets Total | 669.9 M | |
Forward Price Earnings | 27.7778 | |
Non Currrent Assets Other | 310 M | |
Stock Based Compensation | 29.2 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MarketAxess Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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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 6.84 | 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.