Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $218.09 in the prior trading day, MarketAxess Holdings Inc (NASDAQ: MKTX) closed at $213.13, down -2.27%. In other words, the price has decreased by -$2.27 from its previous closing price. On the day, 1.25 million shares were traded.
Ratios:
Our goal is to gain a better understanding of MKTX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.10. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
On April 10, 2024, BofA Securities started tracking the stock assigning a Underperform rating and target price of $199.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 09 ’24 when Pintoff Scott sold 300 shares for $240.57 per share. The transaction valued at 72,171 led to the insider holds 8,302 shares of the business.
Pintoff Scott bought 300 shares of MKTX for $72,171 on Dec 09 ’24. On Nov 12 ’24, another insider, McVey Richard M, who serves as the Executive Chairman of the company, sold 20,000 shares for $271.75 each. As a result, the insider received 5,435,009 and left with 592,029 shares of the company.
Valuation Measures:
As of this moment, MarketAxess’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.01, and their Forward P/E ratio for the next fiscal year is 24.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.82 while its Price-to-Book (P/B) ratio in mrq is 5.94.
Stock Price History:
Over the past 52 weeks, MKTX has reached a high of $296.68, while it has fallen to a 52-week low of $186.84. The 50-Day Moving Average of the stock is -1.55%, while the 200-Day Moving Average is calculated to be -9.71%.
Shares Statistics:
A total of 37.57M shares are outstanding, with a floating share count of 36.67M. Insiders hold about 2.23% of the company’s shares, while institutions hold 97.48% stake in the company.
Earnings Estimates
A comprehensive evaluation of MarketAxess Holdings Inc (MKTX) is underway, with the input of 10.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $1.88, with high estimates of $2.03 and low estimates of $1.7.
Analysts are recommending an EPS of between $7.89 and $6.08 for the fiscal current year, implying an average EPS of $7.09. EPS for the following year is $8.51, with 13.0 analysts recommending between $9.39 and $6.8.
Revenue Estimates
10 analysts predict $217.54M in revenue for the current quarter. It ranges from a high estimate of $222.12M to a low estimate of $205.71M. As of the current estimate, MarketAxess Holdings Inc’s year-ago sales were $197.66MFor the next quarter, 10 analysts are estimating revenue of $217.02M. There is a high estimate of $224.46M for the next quarter, whereas the lowest estimate is $204.13M.
A total of 13 analysts have provided revenue estimates for MKTX’s current fiscal year. The highest revenue estimate was $889.19M, while the lowest revenue estimate was $815.28M, resulting in an average revenue estimate of $865.12M. In the same quarter a year ago, actual revenue was $817.1MBased on 13 analysts’ estimates, the company’s revenue will be $950.53M in the next fiscal year. The high estimate is $1.01B and the low estimate is $842.96M.
