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MarketAxess Holdings Inc (NASDAQ: MKTX) closed the day trading at $234.86 down -2.17% from the previous closing price of $240.07. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 0.55 million shares were traded. MKTX stock price reached its highest trading level at $241.77 during the session, while it also had its lowest trading level at $234.65.
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 17.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.04. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 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:
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 8855255040 and an Enterprise Value of 8382906880. As of this moment, MarketAxess’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.79, and their Forward P/E ratio for the next fiscal year is 28.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.91 while its Price-to-Book (P/B) ratio in mrq is 6.39. Its current Enterprise Value per Revenue stands at 10.325 whereas that against EBITDA is 20.311.
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 -13.61%, while the 200-Day Moving Average is calculated to be 0.76%.
Shares Statistics:
Over the past 3-months, MKTX traded about 394.77K shares per day on average, while over the past 10 days, MKTX traded about 482440 shares per day. A total of 37.72M shares are outstanding, with a floating share count of 36.88M. Insiders hold about 2.18% of the company’s shares, while institutions hold 97.77% stake in the company. Shares short for MKTX as of 1732838400 were 757970 with a Short Ratio of 1.92, compared to 1730332800 on 667751. Therefore, it implies a Short% of Shares Outstanding of 757970 and a Short% of Float of 2.34.
Dividends & Splits
MKTX’s forward annual dividend rate is 2.96, up from 2.94 a year ago. Against a Trailing Annual Dividend Yield of 0.012246428The stock’s 5-year Average Dividend Yield is 0.86.
