MKTX 📈 MarketAxess Holdings - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US57060D1081
MKTX: Bonds, Trading, Technology, Data, Services, Execution
MarketAxess Holdings Inc. is a leading operator of an electronic trading platform, catering to the needs of institutional investors and broker-dealer companies across the globe. The platform provides access to a wide range of fixed-income securities, including U.S. high-grade bonds, high-yield bonds, emerging market debt, eurobonds, municipal bonds, and U.S. government bonds. By leveraging its trading technology, the company enables clients to execute bond trades in an all-to-all anonymous environment, promoting efficient and cost-effective transactions. This is achieved through its Open Trading protocols, which facilitate the exchange of corporate bonds between institutional investors and broker-dealers.
The company's product and service offerings extend beyond its core trading platform, providing clients with a suite of tools to inform their trading decisions. For instance, its composite+ pricing and market data products deliver critical insights, enabling clients to make more informed investment choices. Additionally, MarketAxess offers auto-execution and other execution services, designed to meet the specialized workflow needs of its clients. The company also provides connectivity solutions, streamlining the trading process through straight-through processing, as well as technology services aimed at optimizing trading environments. This comprehensive range of services underscores the company's commitment to supporting the complex trading requirements of its clients.
MarketAxess Holdings Inc. also delivers a variety of pre- and post-trade services, further enhancing the trading experience for its clients. These services include trade matching, trade publication, regulatory transaction reporting, and access to market and reference data across a broad spectrum of fixed-income and other products. By offering such a wide array of services, the company reinforces its position as a one-stop solution for institutional investors and broker-dealers seeking to navigate the complexities of the fixed-income market. With its incorporation in 2000 and headquarters in New York, New York, MarketAxess has established itself as a key player in the financial exchanges and data sector, operating with the ticker symbol NASDAQ:MKTX and ISIN: US57060D1081, classified under the GICS Sub Industry: Financial Exchanges & Data.
Additional Sources for MKTX Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
MKTX Stock Overview
Market Cap in USD | 9,046m |
Sector | Financial Services |
Industry | Capital Markets |
GiC Sub-Industry | Financial Exchanges & Data |
IPO / Inception | 2004-11-05 |
MKTX Stock Ratings
Growth 5y | -42.4% |
Fundamental | 82.6% |
Dividend | 58.4% |
Rel. Strength Industry | -149 |
Analysts | 3.47/5 |
Fair Price Momentum | 198.41 USD |
Fair Price DCF | 195.55 USD |
MKTX Dividends
Dividend Yield 12m | 1.29% |
Yield on Cost 5y | 0.83% |
Annual Growth 5y | 7.14% |
Payout Consistency | 95.9% |
MKTX Growth Ratios
Growth Correlation 3m | -53.1% |
Growth Correlation 12m | 34.1% |
Growth Correlation 5y | -79.6% |
CAGR 5y | -8.30% |
CAGR/Mean DD 5y | -0.22 |
Sharpe Ratio 12m | -0.59 |
Alpha | -38.53 |
Beta | 0.69 |
Volatility | 33.02% |
Current Volume | 1100.3k |
Average Volume 20d | 508.5k |
As of December 22, 2024, the stock is trading at USD 230.15 with a total of 1,100,269 shares traded.
Over the past week, the price has changed by -1.53%, over one month by -13.29%, over three months by -10.29% and over the past year by -16.29%.
Yes, based on ValueRay Fundamental Analyses, MarketAxess Holdings (NASDAQ:MKTX) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 82.62 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MKTX as of December 2024 is 198.41. This means that MKTX is currently overvalued and has a potential downside of -13.79%.
MarketAxess Holdings has received a consensus analysts rating of 3.47. Therefor, it is recommend to hold MKTX.
- Strong Buy: 4
- Buy: 0
- Hold: 10
- Sell: 1
- Strong Sell: 0
According to ValueRays Forecast Model, MKTX MarketAxess Holdings will be worth about 218.4 in December 2025. The stock is currently trading at 230.15. This means that the stock has a potential downside of -5.1%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 284 | 23.4% |
Analysts Target Price | 262.8 | 14.2% |
ValueRay Target Price | 218.4 | -5.1% |