As of close of business last night, Tradeweb Markets Inc’s stock clocked out at $100.33, down -0.97% from its previous closing price of $101.31. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 1015431 shares were traded.
Ratios:
To gain a deeper understanding of TW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.44. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 25 ’24 when Peterson Justin sold 5,013 shares for $104.83 per share. The transaction valued at 525,497 led to the insider holds 57,349 shares of the business.
Friedman Douglas sold 2,922 shares of TW for $301,872 on Mar 20 ’24. The General Counsel and Secretary now owns 36,194 shares after completing the transaction at $103.31 per share. On Mar 11 ’24, another insider, Peterson Justin, who serves as the Chief Technology Officer of the company, sold 8,287 shares for $103.09 each. As a result, the insider received 854,321 and left with 60,818 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 21.57B and an Enterprise Value of 19.89B. As of this moment, Tradeweb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.56, and their Forward P/E ratio for the next fiscal year is 33.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.94 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 14.86 whereas that against EBITDA is 29.20.
Stock Price History:
The Beta on a monthly basis for TW is 0.92, which has changed by 34.73% over the last 52 weeks, in comparison to a change of 26.95% over the same period for the S&P500. 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 102.26, while the 200-Day Moving Average is calculated to be 88.88.
Shares Statistics:
It appears that TW traded 946.14K shares on average per day over the past three months and 765.59k shares per day over the past ten days. A total of 115.09M shares are outstanding, with a floating share count of 114.80M. Insiders hold about 46.02% of the company’s shares, while institutions hold 55.15% stake in the company. Shares short for TW as of Mar 15, 2024 were 1.76M with a Short Ratio of 1.86, compared to 1.89M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.83% and a Short% of Float of 1.52%.
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 0.36%, it implies a Forward Annual Dividend Yield of 0.35%.
Earnings Estimates
As of right now, 13 analysts gave their recommendation on the stock of the company. 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 $0.65, 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 $2.66. EPS for the following year is $3, with 13 analysts recommending between $3.35 and $2.83.
Revenue Estimates
In the current quarter, 11 analysts expect revenue to total $399.43M. It ranges from a high estimate of $423.67M to a low estimate of $380.4M. As of the current estimate, Tradeweb Markets Inc’s year-ago sales were $329.25M, an estimated increase of 21.30% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $379.83M, an increase of 22.30% over than the figure of $21.30% in the same quarter last year. There is a high estimate of $425.81M for the next quarter, whereas the lowest estimate is $354.57M.
A total of 15 analysts have provided revenue estimates for TW’s current fiscal year. The highest revenue estimate was $1.7B, while the lowest revenue estimate was $1.47B, resulting in an average revenue estimate of $1.56B. In the same quarter a year ago, actual revenue was $1.34B, up 16.70% from the average estimate. Based on 15 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 $1.61B. The average revenue growth estimate for next year is up 11.50% from the average revenue estimate for this year.
