MKTX$169.73
$169.33
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AI MKTX Summary
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Powered by LiveAIOverall Analysis
BuyMarketAxess Holdings Inc. demonstrates strong fundamental performance with robust profitability and a healthy balance sheet, supported by positive trends in electronic trading for fixed-income securities. While valuation metrics are somewhat stretched, the company's market position and growth potential are compelling. Technical indicators show mixed signals, suggesting potential short-term choppiness but a generally positive long-term outlook.
Thematic
MarketAxess is well-positioned to benefit from the ongoing digitalization and electronification of fixed-income markets. Increased regulatory focus on transparency and efficiency in trading further supports its business model. However, evolving market dynamics and competition are factors to monitor.
Fundamental
MarketAxess exhibits strong revenue growth, exceptional profitability, and a healthy balance sheet with ample cash reserves. The company consistently beats earnings estimates, indicating operational strength. The dividend yield, though modest, provides a small income stream.
Technical
The stock has shown recent volatility, trading below key moving averages on shorter timeframes. While the 52-week range indicates significant price movement, current daily technical indicators suggest a neutral to slightly bearish short-term outlook, with resistance expected at higher price levels.
| Factor | Score |
|---|---|
| Digitalization of Fixed Income Trading | 90 |
| Regulatory Tailwinds | 80 |
| Market Leadership | 85 |
| Interest Rate Environment | 65 |
| Competitive Landscape | 70 |
| Factor | Score |
|---|---|
| Valuation | 45 |
| Profitability | 95 |
| Growth | 70 |
| Balance Sheet Health | 98 |
| Cash Flow | 90 |
| Earnings Per Share (EPS) | 85 |
| Dividend Yield | 60 |
| Factor | Score |
|---|---|
| Trend Analysis | 30 |
| Momentum | 40 |
| Support & Resistance | 60 |
| Volume | 70 |
| Short-term Oscillators | 50 |
AI Investing Checklist
Powered by LiveAIBullish Points (7)
Consistent Earnings Surprises
MarketAxess Holdings Inc. (MKTX) has consistently exceeded earnings per share (EPS) estimates in recent quarters, with a positive surprise percentage ranging from 1.57% to 21.08%.
Reasonable P/E for Growth
The trailing P/E ratio of 37.17, while higher than some industries, appears reasonable given the company's reported net profit margin of 32.2% (as of 2024Q4) and consistent EPS growth.
Bearish Points (7)
High Quarterly P/E Ratios
Quarterly P/E ratios have been exceptionally high (e.g., 536.7 in 2025Q1, 129.2 in 2024Q4), suggesting a potentially overvalued stock based on very short-term earnings.
Q1 2025 Net Margin Decline
The net margin in Q1 2025 (7.2%) has significantly decreased compared to previous quarters (e.g., 32.2% in 2024Q4), indicating a potential short-term slowdown in profitability.
Calendar
May 2025
21
Ex-Dividend Date
June 2025
4
Next Dividend Date
August 2025
6
Next Earnings Date
H: $2.04
A: $1.97
L: $1.94
H: 221.03M
A: 219.17M
L: 217.50M
Profile
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides automated and algorithmic trading solutions, such as X-Pro, a trading platform to combine trading protocols with its proprietary data and pre-trade analytics; and integrated and actionable data offerings, including CP+ and Axess All, a real-time pricing engine, including Auto-X and portfolio trading. In addition, the company offers various pre-and post-trade services, such as processing, trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.
Seasonals
Price Target
239.46 USD
The 39 analysts offering 1 year price forecasts for MKTX have a max estimate of 295.00 and a min estimate of 187.00.
Debt Level and Coverage
Financial Position Analysis
Ownership
Capital Structure
Valuation - Summary
Valuation - Ratios
Revenue to Profit Conversion
Balance Sheet
Income Statement
Cash Flow
Related Companies
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