With gains of 6.1%, MarketAxess was one of the winners on Wall Street today. Its shares are now trading at $270.37 and have logged a -0.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:
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MarketAxess has moved 13.0% over the last year, and the S&P 500 logged a change of 34.1%
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MKTX has an average analyst rating of hold and is 9.3% away from its mean target price of $247.36 per share
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Its trailing earnings per share (EPS) is $6.93
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MarketAxess has a trailing 12 month Price to Earnings (P/E) ratio of 39.0 while the S&P 500 average is 29.3
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Its forward earnings per share (EPS) is $7.99 and its forward P/E ratio is 33.8
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The company has a Price to Book (P/B) ratio of 7.69 in contrast to the S&P 500's average ratio of 4.74
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MarketAxess is part of the Finance sector, which has an average P/E ratio of 20.04 and an average P/B of 1.86
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MKTX has reported YOY quarterly earnings growth of 8.2% and gross profit margins of 0.6%
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The company has a free cash flow of $167.76 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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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. In addition, the company offers 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.