What Should Investors Know About MarketAxess (MKTX) Stock?

By Scott Lee • Wednesday, September 06 16:30 • Permanent Link

MarketAxess sank -5.4% today, compared to the S&P 500's day change of -1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

MarketAxess has moved -7.0% over the last year, and the S&P 500 logged a change of 14.0%
MKTX has an average analyst rating of hold and is -19.04% away from its mean target price of $282.7 per share
Its trailing earnings per share (EPS) is $6.71
MarketAxess has a trailing 12 month Price to Earnings (P/E) ratio of 34.1 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $8.25 and its forward P/E ratio is 27.7
The company has a Price to Book (P/B) ratio of 7.4 in contrast to the S&P 500's average ratio of 2.95
MarketAxess is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57
MKTX has reported YOY quarterly earnings growth of -10.7% and gross profit margins of 0.9%
The company has a free cash flow of $379.25 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, 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 provides various 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 incorporated in 2000 and is headquartered in New York, New York.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.