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MarketAxess Holdings NasdaqGS:MKTX Stock Report

Last Price

US$265.44

Market Cap

US$10.1b

7D

-0.6%

1Y

13.3%

Updated

20 Nov, 2024

Data

Company Financials +

MarketAxess Holdings Inc.

NasdaqGS:MKTX Stock Report

Market Cap: US$10.1b

MKTX Stock Overview

Operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. More details

MKTX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

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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$265.44
52 Week HighUS$297.97
52 Week LowUS$192.42
Beta1.05
11 Month Change-7.54%
3 Month Change12.70%
1 Year Change13.33%
33 Year Change-26.56%
5 Year Change-34.69%
Change since IPO1,417.67%

Recent News & Updates

MarketAxess: Expectation Of Breakthrough Earnings Growth

Oct 22

Recent updates

MarketAxess: Expectation Of Breakthrough Earnings Growth

Oct 22

MarketAxess: August Volume Report Shows Strong YOY Growth, But Market Share Continues To Decline

Sep 06

MarketAxess: Electronic Credit Platform With Industry Tailwinds, Valuation Seems Fair

Aug 12

MarketAxess Holdings Inc. (NASDAQ:MKTX) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Aug 08
MarketAxess Holdings Inc. (NASDAQ:MKTX) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Business Is Yet to Catch Up With Its Share Price

Jul 18
MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Business Is Yet to Catch Up With Its Share Price

MarketAxess May Be The Future

May 27

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

Shareholder Returns

MKTXUS Capital MarketsUS Market
7D-0.6%0.8%-1.0%
1Y13.3%54.5%30.3%

Return vs Industry: MKTX underperformed the US Capital Markets industry which returned 55.4% over the past year.

Return vs Market: MKTX underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is MKTX's price volatile compared to industry and market?
MKTX volatility
MKTX Average Weekly Movement3.6%
Capital Markets Industry Average Movement3.9%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: MKTX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MKTX's weekly volatility (4%) 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$10.10b
Earnings (TTM)US$278.67m
Revenue (TTM)US$811.94m

35.9x

P/E Ratio

12.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKTX income statement (TTM)
RevenueUS$811.94m
Cost of RevenueUS$304.05m
Gross ProfitUS$507.89m
Other ExpensesUS$229.22m
EarningsUS$278.67m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)7.39
Gross Margin62.55%
Net Profit Margin34.32%
Debt/Equity Ratio0%

How did MKTX perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

40%

Payout Ratio

Does MKTX pay a reliable dividends?

See MKTX dividend history and benchmarks
When do you need to buy MKTX by to receive an upcoming dividend?
MarketAxess Holdings dividend dates
Ex Dividend DateNov 20 2024
Dividend Pay DateDec 04 2024
Days until Ex dividend1 day
Days until Dividend pay date13 days

Does MKTX pay a reliable dividends?

See MKTX dividend history and benchmarks