MarketAxess (MKTX)
(Delayed Data from NSDQ)
$257.27 USD
-2.06 (-0.79%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $257.35 +0.08 (0.03%) 7:58 PM ET
3-Hold of 5 3
F Value B Growth A Momentum C VGM
Company Summary
Based in New York, and incorporated in 2000, MarketAxess Holdings Inc. is a leading multi-dealer trading platform that offers institutional investors access to global liquidity in products like U.S. high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, U.S. agency bonds, credit derivatives and other fixed-income securities.
MarketAxess derives its operating revenues from Commissions (88.1% of total revenue in 2023), Information services (6.2%), post-trade services (5.3%) and other (0.4%).
The company, having an estimated 85% electronic market share in U.S. high-grade and high-yield bond trading, has a global network of investors, dealers, ...
Company Summary
Based in New York, and incorporated in 2000, MarketAxess Holdings Inc. is a leading multi-dealer trading platform that offers institutional investors access to global liquidity in products like U.S. high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, U.S. agency bonds, credit derivatives and other fixed-income securities.
MarketAxess derives its operating revenues from Commissions (88.1% of total revenue in 2023), Information services (6.2%), post-trade services (5.3%) and other (0.4%).
The company, having an estimated 85% electronic market share in U.S. high-grade and high-yield bond trading, has a global network of investors, dealers, and alternative market makers which continues to expand both domestically and internationally. It has a record active total client firms of 2,100 and international client firms of more than 1,000.
It also offers a number of trading-related products and services, including Composite pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. Through its Trax division, it also offers a range of pre- and post-trade services, including trade matching, trade publication, regulatory transaction reporting and market and reference data across a range of fixed-income and other products.
The company entered the U.S. Treasury market in 2019 through the acquisition of LiquidityEdge LLC (“LiquidityEdge”). It provides innovative custom liquidity pools, as well as direct dealer streaming capabilities, for on- and off-the-run U.S. Treasuries offer a bespoke trading ecosystem to connect a community of dealers, market-makers and institutional investors to trade in the $593.6 billion average-daily-volume U.S. Treasury market.
The company acquired the Regulatory Reporting Hub from Deutsche Börse Group. It acquired MuniBrokers in April 2021. It purchased Pragma, a provider of quantitative trading technology. Pragma specializes in analytical and algorithmic services in fixed-income, Foreign Exchange and equities space, in October 2023.
General Information
MarketAxess Holdings Inc
55 HUDSON YARDS 15TH FLOOR
NEW YORK, NY 10001
Phone: 212-813-6000
Fax: 212-813-6390
Web: http://www.marketaxess.com
Email: sdavidson2@marketaxess.com
Industry | Securities and Exchanges |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.64 |
Current Year EPS Consensus Estimate | 7.06 |
Estimated Long-Term EPS Growth Rate | 6.00 |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 259.33 |
52 Week High | 297.97 |
52 Week Low | 192.42 |
Beta | 1.07 |
20 Day Moving Average | 413,031.25 |
Target Price Consensus | 238.08 |
4 Week | 9.10 |
12 Week | 28.30 |
YTD | -12.15 |
4 Week | 7.80 |
12 Week | 22.85 |
YTD | -26.52 |
Shares Outstanding (millions) | 37.75 |
Market Capitalization (millions) | 9,712.45 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 1.15% |
Annual Dividend | $2.96 |
Payout Ratio | 0.43 |
Change in Payout Ratio | 0.03 |
Last Dividend Payout / Amount | 8/21/2024 / $0.74 |
Fundamental Ratios
P/E (F1) | 36.46 |
Trailing 12 Months | 37.07 |
PEG Ratio | 6.04 |
vs. Previous Year | 5.52% |
vs. Previous Quarter | -10.42% |
vs. Previous Year | 9.91% |
vs. Previous Quarter | -6.02% |
Price/Book | 7.33 |
Price/Cash Flow | 29.03 |
Price / Sales | 12.49 |
6/30/24 | 20.43 |
3/31/24 | 20.82 |
12/31/23 | 21.76 |
6/30/24 | 13.86 |
3/31/24 | 14.17 |
12/31/23 | 14.83 |
6/30/24 | 2.91 |
3/31/24 | 2.65 |
12/31/23 | 2.32 |
6/30/24 | 2.91 |
3/31/24 | 2.65 |
12/31/23 | 2.32 |
6/30/24 | 33.71 |
3/31/24 | 34.03 |
12/31/23 | 34.49 |
6/30/24 | 33.71 |
3/31/24 | 33.83 |
12/31/23 | 34.29 |
6/30/24 | 43.55 |
3/31/24 | 43.60 |
12/31/23 | 44.21 |
6/30/24 | 35.08 |
3/31/24 | 35.06 |
12/31/23 | 34.11 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.01 |
3/31/24 | 0.00 |
12/31/23 | 0.00 |
6/30/24 | 0.68 |
3/31/24 | 0.00 |
12/31/23 | 0.00 |