MarketAxess Holdings, Inc. (MKTX)
Stock Price:
$533.89 USD
19.54 (3.80%)
Updated November 27, 1:00 PM EST - Market closed
After-hours: $533.00 -0.89 (-0.17%) Nov 27, 2:28 PM
Key Info
| Market Cap |
20.27B |
| Revenue (ttm) |
647.55M |
| Net Income (ttm) |
276.72M |
| Shares Out |
37.96M |
| EPS (ttm) |
7.26 |
| PE Ratio |
73.54 |
| Forward PE |
63.69 |
| Dividend |
$2.40 |
| Dividend Yield |
0.45% |
Stock Quote
| Trading Day |
November 27 |
| Last Price |
$533.89 |
| Previous Close |
$514.35 |
| Change ($) |
19.54 |
| Change (%) |
3.80% |
| Day's Open |
515.04 |
| Day's Range |
515.04 - 535.18 |
| Day's Volume |
136,566 |
| 52-Week Range |
275.50 - 606.45 |
More Stats
| Market Cap |
20.27B |
| Enterprise Value |
20.00B |
| Earnings Date (est) |
Feb 3, 2021 |
| Ex-Dividend Date |
Nov 9, 2020 |
| Shares Outstanding |
37.96M |
| Float |
36.82M |
| EPS (basic) |
7.43 |
| EPS (diluted) |
7.26 |
| FCF / Share |
5.88 |
| Dividend |
$2.40 |
| Dividend Yield |
0.45% |
| Earnings Yield |
1.36% |
| FCF Yield |
1.08% |
| Payout Ratio |
31.10% |
| Shares Short |
563,359 |
| Short Ratio |
2.42 |
| Short % of Float |
1.53% |
| Beta |
0.46 |
| PE Ratio |
73.54 |
| Forward PE |
63.69 |
| P/FCF Ratio |
92.25 |
| PS Ratio |
31.30 |
| PB Ratio |
21.76 |
| Revenue |
647.55M |
| Operating Income |
343.88M |
| Net Income |
276.72M |
| Free Cash Flow |
219.71M |
| Net Cash |
266.69M |
| Net Cash / Share |
7.02 |
| Gross Margin |
54.59% |
| Operating Margin |
53.10% |
| Profit Margin |
42.70% |
| FCF Margin |
33.93% |
| ROA |
20.42% |
| ROE |
34.76% |
| ROIC |
58.60% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (14)
| Buy |
2 |
| Overweight |
1 |
| Hold |
11 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$559.27*
(4.75% upside)
Low
500
Current: $533.89
High
631
Target: 559.27
*Average 12-month price target from 11 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 511 | 436 | 393 | 368 | 303 | 263 | 239 | 191 | 172 | 146 |
| Revenue Growth | 17.4% | 10.71% | 6.99% | 21.32% | 15.35% | 10.07% | 25.1% | 11.03% | 17.54% | - |
| Gross Profit | 511 | 436 | 393 | 368 | 303 | 263 | 239 | 191 | 172 | 146 |
| Operating Income | 251 | 213 | 200 | 190 | 148 | 119 | 107 | 89.37 | 81.45 | 50.91 |
| Net Income | 205 | 173 | 148 | 126 | 96.04 | 74.81 | 76.02 | 60.07 | 47.70 | 31.43 |
| Shares Outstanding | 37.08 | 36.96 | 36.86 | 36.84 | 36.69 | 36.93 | 36.89 | 36.52 | 37.01 | 33.16 |
| Earnings Per Share | 5.40 | 4.57 | 3.89 | 3.34 | 2.55 | 1.97 | 2.01 | 1.59 | 1.20 | 0.80 |
| EPS Growth | 18.16% | 17.48% | 16.47% | 30.98% | 29.44% | -1.99% | 26.42% | 32.5% | 50% | - |
| Dividend Per Share | 2.04 | 1.68 | 1.32 | 1.04 | 0.80 | 0.64 | 0.52 | 1.74 | 0.36 | 0.28 |
| Dividend Growth | 21.43% | 27.27% | 26.92% | 30% | 25% | 23.08% | -70.11% | 383.33% | 28.57% | - |
| Operating Cash Flow | 266 | 224 | 168 | 89.75 | 125 | 110 | 90.88 | 81.58 | 65.48 | 64.15 |
| Capital Expenditures | -34.70 | -47.59 | -25.56 | -18.50 | -15.38 | -14.79 | -23.28 | -10.36 | -7.23 | -7.11 |
| Free Cash Flow | 231 | 176 | 142 | 71.24 | 109 | 95.17 | 67.60 | 71.22 | 58.25 | 57.04 |
| Cash & Equivalents | 270 | 246 | 167 | 168 | 200 | 169 | 133 | 129 | 170 | 125 |
| Total Debt | 97.99 | - | - | - | - | - | - | - | - | - |
| Net Cash / Debt | 172 | 246 | 167 | 168 | 200 | 169 | 133 | 129 | 170 | 125 |
| Assets | 955 | 696 | 581 | 528 | 439 | 380 | 354 | 280 | 349 | 300 |
| Liabilities | 185 | 87.66 | 66.46 | 60.03 | 48.33 | 45.68 | 43.55 | 37.12 | 37.02 | 34.73 |
| Book Value | 770 | 608 | 515 | 468 | 391 | 334 | 310 | 243 | 312 | 234 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
MarketAxess Holdings, Inc. |
| Country |
United States |
| Employees |
599 |
| CEO |
Richard Mitchell McVey |
Stock Information
| Ticker Symbol |
MKTX |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Capital Markets |
| Unique Identifier |
NASDAQ: MKTX |
| IPO Date |
November 5, 2004 |
Description
MarketAxess Holdings, together with its subsidiaries, operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments worldwide. It offers institutional investor and broker-dealer firms the access to global liquidity in U.S. investment-grade corporate bonds, emerging markets and high-yield bonds, Eurobonds, U.S. agency bonds, municipal bonds, leveraged loans, and other fixed-income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including Composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company offers a range of pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was founded in 2000 and is headquartered in New York, New York.