MKTX Stock Overview
Operates an electronic trading platform for institutional investor and broker-dealer companies worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
No risks detected for MKTX from our risk checks.
MarketAxess Holdings Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$198.93 |
| 52 Week High | US$297.97 |
| 52 Week Low | US$196.46 |
| Beta | 0.98 |
| 1 Month Change | -3.54% |
| 3 Month Change | -8.81% |
| 1 Year Change | -29.33% |
| 3 Year Change | -55.82% |
| 5 Year Change | -40.55% |
| Change since IPO | 1,037.39% |
Recent News & Updates
Recent updates
MarketAxess May Be The Future
May 27MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings
Apr 02
MarketAxess Holdings: 2024 Setting Up To Be A Make Or Break Year
Feb 25Subdued Growth No Barrier To MarketAxess Holdings Inc. (NASDAQ:MKTX) With Shares Advancing 26%
Dec 27MarketAxess Q3 2022 Earnings Preview
Oct 18Narrowing Down High-Quality Dividend Growth: Maybe It's Time For MarketAxess
Aug 29MarketAxess saw a 6.9% M/M drop in July total trading ADV
Aug 03MarketAxess Q2 2022 Earnings Preview
Jul 19MarketAxess Or Tradeweb, Which Is The Better Stock?
Jul 01MarketAxess: Approaching A Defensible Valuation
Apr 12MarketAxess Holdings Stock: A Transitional Year For Growth
Feb 08High Quality Dividend Growth Near 52-Week Lows: MarketAxess Merits Examination
Nov 20Formerly High-Flying MarketAxess Still Risky Even At 52-Week Lows
Oct 12Shareholder Returns
| MKTX | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -8.3% | -1.9% | -0.6% |
| 1Y | -29.3% | 30.8% | 22.3% |
Return vs Industry: MKTX underperformed the US Capital Markets industry which returned 30.2% over the past year.
Return vs Market: MKTX underperformed the US Market which returned 21.5% over the past year.
Price Volatility
| MKTX volatility | |
|---|---|
| MKTX Average Weekly Movement | 4.4% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: MKTX has not had significant price volatility in the past 3 months.
Volatility Over Time: MKTX's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 881 | Chris Concannon | www.marketaxess.com |
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 through its Open Trading protocols. It also provides 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.
MarketAxess Holdings Inc. Fundamentals Summary
| MKTX fundamental statistics | |
|---|---|
| Market cap | US$7.49b |
| Earnings (TTM) | US$257.04m |
| Revenue (TTM) | US$759.70m |
29.3x
P/E Ratio9.9x
P/S RatioIs MKTX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MKTX income statement (TTM) | |
|---|---|
| Revenue | US$759.70m |
| Cost of Revenue | US$280.53m |
| Gross Profit | US$479.16m |
| Other Expenses | US$222.12m |
| Earnings | US$257.04m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.78 |
| Gross Margin | 63.07% |
| Net Profit Margin | 33.83% |
| Debt/Equity Ratio | 0% |
How did MKTX perform over the long term?
See historical performance and comparison