Shares of Finance sector company MarketAxess moved -0.8% today, and are now trading at a price of $260.0. The large-cap stock's daily volume was 156,179 compared to its average volume of 450,726. The S&P 500 index returned a 1.0% performance.
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company is based in New York and has 744 full time employees. Its market capitalization is $9,855,214,592. MarketAxess currently offers its equity investors a dividend that yields 1.1% per year.
11 analysts are following MarketAxess and have set target prices ranging from $203.0 to $300.0 per share. On average, they have given the company a rating of hold. At today's prices, MKTX is trading 5.61% away from its average analyst target price of $246.18 per share.
Over the last year, MKTX shares have gone down by -8.0%, which represents a difference of -25.0% when compared to the S&P 500. The stock's 52 week high is $399.78 per share and its 52 week low is $200.01. With average free cash flows of $280.73 Million that have been growing at an average rate of 8.8% over the last 6 years, MarketAxess declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 326,308 | 13,755 | 312,553 | 13.21 |
| 2022 | 289,231 | 13,142 | 276,089 | 4.34 |
| 2021 | 282,091 | 17,493 | 264,598 | -32.06 |
| 2020 | 404,489 | 15,010 | 389,479 | 53.55 |
| 2019 | 265,935 | 12,292 | 253,643 | 34.9 |
| 2018 | 223,917 | 35,888 | 188,029 |
