The closing price of Tradeweb Markets Inc (NASDAQ: TW) was $103.60 for the day, down -0.48% from the previous closing price of $104.10. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 577323 shares were traded. TW stock price reached its highest trading level at $105.77 during the session, while it also had its lowest trading level at $103.47.
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Ratios:
Our analysis of TW’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.40. For the most recent quarter (mrq), Quick Ratio is recorded 3.69 and its Current Ratio is at 3.69. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Barclays on June 28, 2023, initiated with a Overweight rating and assigned the stock a target price of $89.
On December 07, 2022, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $74.
On October 12, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $67.Citigroup initiated its Buy rating on October 12, 2022, with a $67 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 29 ’24 when Peterson Justin sold 10,000 shares for $105.48 per share. The transaction valued at 1,054,766 led to the insider holds 69,105 shares of the business.
Friedman Douglas sold 26,232 shares of TW for $2,750,307 on Feb 23 ’24. The General Counsel and Secretary now owns 36,158 shares after completing the transaction at $104.85 per share. On Feb 20 ’24, another insider, Bruni Enrico, who serves as the Managing Director, Europe/Asia of the company, sold 21,145 shares for $102.21 each. As a result, the insider received 2,161,281 and left with 85,021 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TW now has a Market Capitalization of 22.03B and an Enterprise Value of 20.35B. As of this moment, Tradeweb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 60.46, and their Forward P/E ratio for the next fiscal year is 34.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.46 while its Price-to-Book (P/B) ratio in mrq is 4.09. Its current Enterprise Value per Revenue stands at 15.21 whereas that against EBITDA is 29.88.
Stock Price History:
Over the past 52 weeks, TW has reached a high of $108.04, while it has fallen to a 52-week low of $64.83. The 50-Day Moving Average of the stock is 98.31, while the 200-Day Moving Average is calculated to be 85.62.
Shares Statistics:
TW traded an average of 1.10M shares per day over the past three months and 912.36k shares per day over the past ten days. A total of 115.09M shares are outstanding, with a floating share count of 114.82M. Insiders hold about 46.01% of the company’s shares, while institutions hold 54.81% stake in the company. Shares short for TW as of Feb 15, 2024 were 1.89M with a Short Ratio of 1.72, compared to 1.67M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.89% and a Short% of Float of 1.64%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.36, TW has a forward annual dividend rate of 0.37. Against a Trailing Annual Dividend Yield of 0.35%, it implies a Forward Annual Dividend Yield of 0.36%.
Earnings Estimates
The firm’s stock currently is rated by 13 analysts. On average, analysts expect EPS of $0.68 for the current quarter, with a high estimate of $0.73 and a low estimate of $0.64, while EPS last year was $0.54. The consensus estimate for the next quarter is $0.64, with high estimates of $0.71 and low estimates of $0.59.
Analysts are recommending an EPS of between $2.8 and $2.56 for the fiscal current year, implying an average EPS of $2.65. EPS for the following year is $2.98, with 13 analysts recommending between $3.15 and $2.83.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $423.67M to a low estimate of $376.85M. As of the current estimate, Tradeweb Markets Inc’s year-ago sales were $329.25M, an estimated increase of 20.80% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $378.66M, an increase of 21.90% over than the figure of $20.80% in the same quarter last year. There is a high estimate of $425.81M for the next quarter, whereas the lowest estimate is $351.06M.
A total of 14 analysts have provided revenue estimates for TW’s current fiscal year. The highest revenue estimate was $1.7B, while the lowest revenue estimate was $1.51B, resulting in an average revenue estimate of $1.57B. In the same quarter a year ago, actual revenue was $1.34B, up 17.00% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $1.74B in the next fiscal year. The high estimate is $1.86B and the low estimate is $1.66B. The average revenue growth estimate for next year is up 11.40% from the average revenue estimate for this year.
