MarketAxess Holdings Inc. (MKTX)
Market Cap | 8.68B |
Revenue (ttm) | 811.94M |
Net Income (ttm) | 278.67M |
Shares Out | 37.70M |
EPS (ttm) | 7.39 |
PE Ratio | 31.15 |
Forward PE | 29.35 |
Dividend | $2.96 (1.29%) |
Ex-Dividend Date | Nov 20, 2024 |
Volume | 677,566 |
Open | 228.26 |
Previous Close | 228.51 |
Day's Range | 227.09 - 230.81 |
52-Week Range | 192.42 - 297.97 |
Beta | 1.01 |
Analysts | Hold |
Price Target | 265.50 (+15.36%) |
Earnings Date | Jan 29, 2025 |
About MKTX
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds ... [Read more]
Financial Performance
In 2023, MarketAxess Holdings's revenue was $752.55 million, an increase of 4.77% compared to the previous year's $718.30 million. Earnings were $258.06 million, an increase of 3.13%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for MKTX stock is "Hold." The 12-month stock price forecast is $265.5, which is an increase of 15.36% from the latest price.
News
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MarketAxess: A Forgotten Stock Worth Buying On The Dip
MarketAxess reported strong Q3'24 results with revenue of $207 million, driven by increased market volumes and impressive operating leverage, leading to a 30% EPS growth. The company's global strategy...
MarketAxess Expands AI-Powered Pricing Engine to Cover Municipal Bonds
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that CP+, the AI-powered, algori...
MarketAxess Announces Trading Volume Statistics for November 2024
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary v...
MarketAxess to Participate in the Goldman Sachs Financial Services Conference
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Chris Concannon, Chief Exec...
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MarketAxess: Operating Leverage Returns In Q3 2024, Reiterate Hold On Market Share Trends
MarketAxess demonstrated strong operating leverage in 3Q24, with 20% Y/Y revenue growth and a 330bps increase in operating margin. Market share trends remain soft, with declines in U.S. High Grade and...
MarketAxess Holdings Inc. (MKTX) Q3 2024 Earnings Conference Call Transcript
MarketAxess Holdings Inc. (NASDAQ:MKTX) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Steve Davidson - Head, IR Chris Concannon - CEO Rich Schiffman - Global Head...
MarketAxess beats quarterly profit estimates on robust bond trading
Bond trading platform MarketAxess Holdings beat third-quarter profit estimates on Wednesday, helped by strong activity in the bond market.
MarketAxess Reports Third Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the third ...
Rick McVey to Retire from MarketAxess
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Founder and Executive Chair...
MarketAxess Announces Trading Volume Statistics for October
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary v...
S&P Global Market Intelligence and MarketAxess Announce Strategic Fixed-Income Data Partnership
NEW YORK , Oct. 31, 2024 /PRNewswire/ -- S&P Global Market Intelligence (SPGMI), a leading provider of information services and solutions to the global markets, and MarketAxess Holdings Inc. (Nasdaq: ...
MarketAxess: Expectation Of Breakthrough Earnings Growth
MarketAxess leads in fixed income trading, offering diverse liquidity and cost-saving solutions, with 86.9% of revenue from commissions on its main trading platforms. Despite strong financials and pro...
MarketAxess to Host Conference Call Announcing Third Quarter 2024 Financial Results on Wednesday, November 6, 2024
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, will issue a press release announcing its third q...
Are Tradeweb and MarketAxess stocks rare hidden gems?
Tradeweb (TW) and MarketAxess (MKTX) stocks have done well in the past few months, helped by the rising demand for fixed income solutions. MKTX has soared to $280, up by over 45% from its lowest point...
Why Investors Are Eyeing MarketAxess Holdings Inc (MKTX): The Key Drivers of Market
MarketAxess Holdings Inc (MKTX, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth trajectory. Wi...
MarketAxess Announces Trading Volume Statistics for September and Third Quarter 2024
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary v...
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MarketAxess Announces Expanded Partnership with BlackRock to Deliver Enhanced Connectivity and Efficiency to Global Credit Markets
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced an expansion of its decade-long ...
MarketAxess: August Volume Report Shows Strong YOY Growth, But Market Share Continues To Decline
Reiterating HOLD rating on MKTX due to recent market share decline in U.S. High Grade and High Yield credit, despite strong ADNV growth. August 2024 metrics show significant Y/Y growth in ADNV across ...
MarketAxess Announces Monthly Volume Statistics for August 2024
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary v...
MarketAxess to Participate in the Barclays Global Financial Services Conference
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Chris Concannon, Chief Exec...
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