Closing Figures Unveiled: MarketAxess Holdings Inc (MKTX) Drop -1.53, Closes at 274.87

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MarketAxess Holdings Inc (NASDAQ: MKTX) closed the day trading at $274.87 down -1.53% from the previous closing price of $279.15. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.86 million shares were traded. MKTX stock price reached its highest trading level at $284.23 during the session, while it also had its lowest trading level at $264.81.

Ratios:

For a better understanding of MKTX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.89. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on April 10, 2024, initiated with a Underperform rating and assigned the stock a target price of $199.

Barclays Downgraded its Overweight to Equal Weight on January 08, 2024, whereas the target price for the stock was revised from $246 to $291.

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 Sep 06 ’24 when Casper Stephen P sold 1,000 shares for $259.39 per share. The transaction valued at 259,390 led to the insider holds 9,201 shares of the business.

McPherson Kevin M sold 1,692 shares of MKTX for $407,992 on Aug 14 ’24. The Chief Revenue Officer now owns 68,400 shares after completing the transaction at $241.13 per share. On Aug 14 ’24, another insider, McPherson Kevin M, who serves as the Officer of the company, bought 2,000 shares for $241.13 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MKTX now has a Market Capitalization of 10542308352 and an Enterprise Value of 10081094656. As of this moment, MarketAxess’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.21, and their Forward P/E ratio for the next fiscal year is 33.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.81 while its Price-to-Book (P/B) ratio in mrq is 7.81. Its current Enterprise Value per Revenue stands at 12.966 whereas that against EBITDA is 25.755.

Stock Price History:

Over the past 52 weeks, MKTX has reached a high of $297.97, while it has fallen to a 52-week low of $192.42. The 50-Day Moving Average of the stock is 2.11%, while the 200-Day Moving Average is calculated to be 19.67%.

Shares Statistics:

Over the past 3-months, MKTX traded about 364.87K shares per day on average, while over the past 10 days, MKTX traded about 307610 shares per day. A total of 37.90M shares are outstanding, with a floating share count of 36.88M. Insiders hold about 2.31% of the company’s shares, while institutions hold 100.70% stake in the company. Shares short for MKTX as of 1728950400 were 783101 with a Short Ratio of 2.15, compared to 1726185600 on 812732. Therefore, it implies a Short% of Shares Outstanding of 783101 and a Short% of Float of 2.41.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.85.

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