MarketAxess Holdings Inc

MarketAxess Holdings Inc Stock Forecast & Price Prediction

Live MarketAxess Holdings Inc Stock (MKTX) Price
$274.68

5

Ratings

  • Buy 3
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$274.68

P/E Ratio

37.17

Volume Traded Today

$386,700

Dividend

$0.74

52 Week High/low

297.97/192.42

MarketAxess Holdings Inc Market Cap

$10.36B

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MKTX Summary

From what 5 stock analysts predict, the share price for MarketAxess Holdings Inc (MKTX) might increase by 2.87% in the next year. This is based on a 12-month average estimation for MKTX. Price targets go from $187 to $335. The majority of stock analysts believe MKTX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

MKTX Analyst Ratings

MarketAxess Holdings Inc has a total of 5 Wall St Analyst ratings. There are 3 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that MarketAxess Holdings Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

MKTX stock forecast by analyst

These are the latest 20 analyst ratings of MKTX.

Analyst/Firm

Rating

Price Target

Change

Date

Patrick Moley
Piper Sandler

Neutral

$265

Reiterates

Nov 7, 2024
Alex Kramm
UBS

Buy

$335

Maintains

Nov 7, 2024
Kyle Voigt
Keefe, Bruyette & Woods

Market Perform

$276

Maintains

Nov 7, 2024
Michael Cyprys
Morgan Stanley

Equal-Weight

$314

Maintains

Oct 17, 2024
Patrick Moley
Piper Sandler

Neutral

$265

Maintains

Oct 8, 2024
Benjamin Budish
Barclays

Equal-Weight

$268

Maintains

Oct 7, 2024
Christopher Allen
Citigroup

Buy

$325

Maintains

Oct 4, 2024
Eli Abboud
B of A Securities

Underperform

$185

Maintains

Oct 3, 2024
Alexander Blostein
Goldman Sachs

Neutral

$233

Maintains

Sep 30, 2024
Brian Bedell
Deutsche Bank

Hold

$223

Maintains

Aug 15, 2024
Brian Bedell
Deutsche Bank

Hold

$218

Maintains

Aug 7, 2024
Kyle Voigt
Keefe, Bruyette & Woods

Market Perform

$225

Maintains

Aug 7, 2024
Patrick Moley
Piper Sandler

Neutral

$225

Reiterates

Aug 6, 2024
Benjamin Budish
Barclays

Equal-Weight

$215

Maintains

Jul 10, 2024
Patrick Moley
Piper Sandler

Neutral

$225

Maintains

Jul 3, 2024
Kyle Voigt
Keefe, Bruyette & Woods

Market Perform

$230

Maintains

May 8, 2024
Benjamin Budish
Barclays

Equal-Weight

$225

Maintains

May 8, 2024
Alex Kramm
UBS

Buy

$285

Maintains

May 8, 2024
Patrick Moley
Piper Sandler

Neutral

$237

Maintains

Apr 12, 2024
Eli Abboud
B of A Securities

Underperform

$199

Initiates

Apr 10, 2024

MKTX Company Information

What They Do: Operates an electronic trading platform for fixed-income securities.

Business Model: The company generates revenue by providing an electronic trading platform that connects institutional investors and broker-dealers, allowing them to trade various fixed-income securities in an anonymous environment. It offers a range of trading-related products and services, including pricing data, execution services, and connectivity solutions, which enhance the trading experience and facilitate efficient transactions.

Other Information: MarketAxess was incorporated in 2000 and is headquartered in New York, NY. The company focuses on providing liquidity in high-grade and high-yield bonds, emerging market debt, and other fixed-income products, making it a key player in the bond trading market.
MKTX
MarketAxess Holdings Inc (MKTX)

When did it IPO

2004

Staff Count

864

Country

United States

Sector/Industry

Financial Services/Capital Markets

CEO

Mr. Christopher Robert Concannon

Market Cap

$10.36B

MarketAxess Holdings Inc (MKTX) Financial Data

In 2023, MKTX generated $752.5M in revenue, which was a increase of 4.77% from the previous year. This can be seen as a signal that MKTX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$689.1M

Revenue From 2021

$699.0M

1.43 %
From Previous Year

Revenue From 2022

$718.3M

2.77 %
From Previous Year

Revenue From 2023

$752.5M

4.77 %
From Previous Year
  • Revenue TTM $811.9M
  • Operating Margin TTM 42.6%
  • Gross profit TTM $545.6M
  • Return on assets TTM 11.8%
  • Return on equity TTM 21.6%
  • Profit Margin 34.3%
  • Book Value Per Share 36.75%
  • Market capitalisation $10.36B
  • Revenue for 2021 $699.0M
  • Revenue for 2022 $718.3M
  • Revenue for 2023 $752.5M
  • EPS this year (TTM) $7.39

MarketAxess Holdings Inc (MKTX) Latest News

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - MarketAxess (MKTX) shows a hammer chart pattern suggesting support after recent declines. Upward revisions in earnings estimates may indicate a potential trend reversal.

Why It Matters - The hammer chart pattern signals potential price support, while rising earnings estimates suggest a possible trend reversal, indicating a favorable outlook for MarketAxess.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Reuters

Summary - MarketAxess Holdings exceeded Q3 profit estimates, driven by robust bond market activity.

Why It Matters - MarketAxess beating profit estimates signals robust demand in the bond market, indicating potential growth and stability in fixed-income investments, which can attract investor interest.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - MarketAxess Holdings Inc. will host its Q3 2024 Earnings Conference Call on November 6, 2024, at 10:00 AM ET, featuring key executives and analysts from major financial institutions.

Why It Matters - The upcoming Q3 earnings call for MarketAxess will provide insights into its financial performance, influencing stock valuation and investor sentiment regarding future growth.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - MarketAxess Holdings Inc. reported a 20% revenue increase to $206.7 million in Q3 2024, driven by U.S. high-grade growth and Pragma revenue of $7.7 million.

Why It Matters - MarketAxess reported a 20% revenue increase in Q3 2024, signaling strong demand in fixed-income trading. This growth can enhance investor confidence and influence stock performance.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MarketAxess (MKTX) reported Q3 earnings of $1.90 per share, exceeding the Zacks estimate of $1.82 and up from $1.46 per share year-over-year.

Why It Matters - MarketAxess's earnings beat expectations and show year-over-year growth, indicating strong performance and potentially increasing investor confidence and stock value.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - MarketAxess (MKTX) reported its revenue and EPS for Q3 2024, with performance metrics to be compared against Wall Street estimates and year-ago figures.

Why It Matters - MarketAxess's revenue and EPS performance relative to Wall Street estimates and year-ago figures will impact investor sentiment, affecting stock valuation and future growth expectations.

...

MKTX Frequently asked questions

The highest forecasted price for MKTX is $335 from Alex Kramm at UBS.

The lowest forecasted price for MKTX is $187 from from

The MKTX analyst ratings consensus are 3 buy ratings, 2 hold ratings, and 0 sell ratings.