MarketAxess Holdings, Inc. (MKTX)
Stock Price:
$484.29 USD
-23.91 (-4.70%)
Updated Aug 10, 2020 11:10 AM EDT - Market open
Key Info
| Market Cap |
18.39B |
| Revenue (ttm) |
615.14M |
| Net Income (ttm) |
262.95M |
| Shares Out |
37.97M |
| EPS (ttm) |
6.90 |
| PE Ratio |
70.19 |
| Forward PE |
68.49 |
| Dividend |
$2.40 |
| Dividend Yield |
0.50% |
Stock Quote
| Trading Day |
Aug 10, 2020 |
| Last Price |
$484.29 |
| Previous Close |
$508.20 |
| Change ($) |
-23.91 |
| Change (%) |
-4.70% |
| Day's Open |
508.88 |
| Day's Range |
483.99 - 508.88 |
| Day's Volume |
67,466 |
| 52-Week Range |
275.50 - 561.68 |
More Stats
| Market Cap |
18.39B |
| Enterprise Value |
18.08B |
| Earnings Date (est) |
Oct 21, 2020 |
| Ex-Dividend Date |
Aug 4, 2020 |
| Shares Outstanding |
37.97M |
| Float |
36.65M |
| EPS (basic) |
7.08 |
| EPS (diluted) |
6.90 |
| FCF / Share |
9.07 |
| Dividend |
$2.40 |
| Dividend Yield |
0.50% |
| Earnings Yield |
1.42% |
| FCF Yield |
1.84% |
| Payout Ratio |
31.40% |
| Shares Short |
441,577 |
| Short Ratio |
1.88 |
| Short % of Float |
1.34% |
| Beta |
0.62 |
| PE Ratio |
70.19 |
| Forward PE |
68.49 |
| P/FCF Ratio |
54.32 |
| PS Ratio |
29.89 |
| PB Ratio |
22.41 |
| Revenue |
615.14M |
| Operating Income |
322.04M |
| Net Income |
262.95M |
| Free Cash Flow |
338.51M |
| Net Cash |
309.45M |
| Net Cash / Share |
8.15 |
| Gross Margin |
57.46% |
| Operating Margin |
52.35% |
| Profit Margin |
42.70% |
| FCF Margin |
55.03% |
| ROA |
21.70% |
| ROE |
34.70% |
| ROIC |
60.20% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (13)
| Buy |
1 |
| Overweight |
1 |
| Hold |
11 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$532.20*
(9.89% upside)
Low
489
Current: $484.29
High
600
Target: 532.20
*Average 12-month price target from 10 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 |
561 |
| 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 Inc., 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.