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MarketAxess Holdings NasdaqGS:MKTX Stock Report

Last Price

US$213.00

Market Cap

US$8.1b

7D

-5.5%

1Y

-36.6%

Updated

14 Apr, 2024

Data

Company Financials +

MarketAxess Holdings Inc.

NasdaqGS:MKTX Stock Report

Market Cap: US$8.1b

MKTX Stock Overview

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide.

MKTX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends4/6

MarketAxess Holdings Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MarketAxess Holdings
Historical stock prices
Current Share PriceUS$213.00
52 Week HighUS$341.92
52 Week LowUS$200.01
Beta0.97
1 Month Change-2.49%
3 Month Change-20.81%
1 Year Change-36.61%
3 Year Change-60.18%
5 Year Change-19.29%
Change since IPO1,117.84%

Recent News & Updates

MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings

Apr 02
MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings

MarketAxess Holdings: 2024 Setting Up To Be A Make Or Break Year

Feb 25

Recent updates

MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings

Apr 02
MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings

MarketAxess Holdings: 2024 Setting Up To Be A Make Or Break Year

Feb 25

Subdued Growth No Barrier To MarketAxess Holdings Inc. (NASDAQ:MKTX) With Shares Advancing 26%

Dec 27
Subdued Growth No Barrier To MarketAxess Holdings Inc. (NASDAQ:MKTX) With Shares Advancing 26%

MarketAxess Q3 2022 Earnings Preview

Oct 18

Narrowing Down High-Quality Dividend Growth: Maybe It's Time For MarketAxess

Aug 29

MarketAxess saw a 6.9% M/M drop in July total trading ADV

Aug 03

MarketAxess Q2 2022 Earnings Preview

Jul 19

MarketAxess Or Tradeweb, Which Is The Better Stock?

Jul 01

MarketAxess: Approaching A Defensible Valuation

Apr 12

MarketAxess Holdings Stock: A Transitional Year For Growth

Feb 08

High Quality Dividend Growth Near 52-Week Lows: MarketAxess Merits Examination

Nov 20

Formerly High-Flying MarketAxess Still Risky Even At 52-Week Lows

Oct 12

Here's Why I Think MarketAxess Holdings (NASDAQ:MKTX) Might Deserve Your Attention Today

Aug 03
Here's Why I Think MarketAxess Holdings (NASDAQ:MKTX) Might Deserve Your Attention Today

MarketAxess: Network Effects Will Compound Future Profitability

Jul 01

This Is The Reason Why We Think MarketAxess Holdings Inc.'s (NASDAQ:MKTX) CEO Might Be Underpaid

Jun 03
This Is The Reason Why We Think MarketAxess Holdings Inc.'s (NASDAQ:MKTX) CEO Might Be Underpaid

Shareholder Returns

MKTXUS Capital MarketsUS Market
7D-5.5%-3.1%-1.7%
1Y-36.6%25.4%22.9%

Return vs Industry: MKTX underperformed the US Capital Markets industry which returned 25.4% over the past year.

Return vs Market: MKTX underperformed the US Market which returned 22.9% over the past year.

Price Volatility

Is MKTX's price volatile compared to industry and market?
MKTX volatility
MKTX Average Weekly Movement6.3%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: MKTX's share price has been volatile over the past 3 months.

Volatility Over Time: MKTX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000881Chris Concannonwww.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

How do MarketAxess Holdings's earnings and revenue compare to its market cap?
MKTX fundamental statistics
Market capUS$8.07b
Earnings (TTM)US$258.06m
Revenue (TTM)US$752.55m

31.3x

P/E Ratio

10.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKTX income statement (TTM)
RevenueUS$752.55m
Cost of RevenueUS$269.63m
Gross ProfitUS$482.92m
Other ExpensesUS$224.86m
EarningsUS$258.06m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)6.81
Gross Margin64.17%
Net Profit Margin34.29%
Debt/Equity Ratio0%

How did MKTX perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

42%

Payout Ratio
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