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Marketaxess Holdings Inc Stock Research

MKTX

204.76USD-5.19(-2.47%)Market Closed
Watchlist

Market Summary

USD204.76-5.19
Market Closed
-2.47%

MKTX Stock Price

MKTX RSI Chart

MKTX Valuation

Market Cap

7.7B

Price/Earnings (Trailing)

30.61

Price/Sales (Trailing)

10.52

EV/EBITDA

18.28

Price/Free Cashflow

24.07

MKTX Price/Sales (Trailing)

MKTX Profitability

EBT Margin

47.06%

Return on Equity

23.1%

Return on Assets

15.91%

Free Cashflow Yield

4.15%

MKTX Fundamentals

MKTX Revenue

Revenue (TTM)

733.0M

Revenue Y/Y

-1.31%

Revenue Q/Q

-11.48%

MKTX Earnings

Earnings (TTM)

252.0M

Earnings Y/Y

-10.55%

Earnings Q/Q

-18.7%

Price Action

52 Week Range

200.01399.78
(Low)(High)

Last 7 days

-0.6%

Last 30 days

-12.1%

Last 90 days

-19.9%

Trailing 12 Months

-5.4%

MKTX Financial Health

MKTX Investor Care

Dividend Yield

1.39%

Dividend/Share (TTM)

2.84

Shares Dilution (1Y)

0.40%

Diluted EPS (TTM)

6.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for MKTX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-28
Casper Stephen P
gifted
-
-
-200
-
2023-08-14
CONCANNON CHRISTOPHER R
bought
1,018,060
238
4,270
chief executive officer
2023-08-01
Gerosa Christopher N.
sold (taxes)
-23,896
262
-91.00
chief financial officer
2023-06-15
McPherson Kevin M
sold
-277,250
277
-1,000
global head of sales
2023-06-14
McPherson Kevin M
sold
-548,000
274
-2,000
global head of sales
2023-06-07
Chwick Jane
acquired
-
-
581
-
2023-06-07
Prager Richard Leon
acquired
-
-
581
-
2023-06-07
Portney Emily Hope
acquired
-
-
581
-
2023-06-07
Casper Stephen P
acquired
-
-
581
-
2023-06-07
Altobello Nancy A.
acquired
-
-
672
-

1–10 of 50

Which funds bought or sold MKTX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Jefferies Group LLC
new
-
435,635
435,635
-%
2023-09-20
BARCLAYS PLC
added
77.48
3,689,000
23,542,000
0.01%
2023-09-12
Farther Finance Advisors, LLC
reduced
-9.52
-6,500
9,934
-%
2023-09-01
Portside Wealth Group, LLC
new
-
566,502
566,502
0.10%
2023-08-24
ProVise Management Group, LLC
sold off
-100
-641,716
-
-%
2023-08-24
Alamar Capital Management, LLC
added
8.22
-617,653
1,613,480
1.19%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-480,000
966,208
0.01%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
sold off
-100
-610,412
-
-%
2023-08-22
COMERICA BANK
new
-
18,000
18,000
-%
2023-08-21
VitalStone Financial, LLC
sold off
-100
-31,000
-
-%

1–10 of 46

Latest Funds Activity

Are funds buying MKTX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MKTX
No. of Funds

Schedule 13G FIlings of Marketaxess Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 08, 2023
blackrock inc.
10.2%
3,820,652
SC 13G/A
Feb 15, 2023
guardian capital lp
5.1%
1,910,101
SC 13G
Feb 14, 2023
price t rowe associates inc /md/
0.9%
325,702
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
5.5%
2,071,391
SC 13G
Feb 09, 2023
vanguard group inc
11.40%
4,291,798
SC 13G/A
Jan 25, 2023
blackrock inc.
8.8%
3,320,494
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
9.6%
3,668,968
SC 13G
Feb 03, 2022
blackrock inc.
9.4%
3,563,993
SC 13G/A
Feb 10, 2021
vanguard group inc
10.97%
4,165,820
SC 13G/A
Jan 29, 2021
blackrock inc.
9.1%
3,435,510
SC 13G/A

Recent SEC filings of Marketaxess Holdings

View All Filings
Date Filed Form Type Document
Oct 02, 2023
8-K
Current Report
Sep 14, 2023
8-K
Current Report
Sep 14, 2023
3
Insider Trading
Aug 29, 2023
4
Insider Trading
Aug 15, 2023
4
Insider Trading
Aug 09, 2023
8-K
Current Report
Aug 07, 2023
8-K
Current Report
Aug 07, 2023
4
Insider Trading
Jul 27, 2023
10-Q
Quarterly Report
Jul 20, 2023
8-K
Current Report

MKTX Fair Value

Loading...

Peers (Alternatives to Marketaxess Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
101.3B
50.2B
-2.72% 10.18%
11.45
2.02
62.27% -45.33%
93.4B
17.4B
-8.94% 18.51%
18.01
5.38
-10.46% -11.12%
93.4B
20.8B
-11.49% -24.84%
13.56
4.5
9.06% 9.27%
20.1B
12.5B
-7.82% -0.74%
11.5
1.61
13.06% 16.34%
7.7B
733.0M
-12.10% -5.36%
30.61
10.52
5.41% 4.21%
MID-CAP
9.0B
4.8B
-7.41% 34.05%
3.72
1.88
226.24% 90.31%
7.5B
1.9B
-4.58% 20.63%
18.87
4
-8.00% -31.66%
6.3B
4.8B
-8.80% 16.53%
10.1
1.29
2.69% -21.37%
2.0B
60.6B
2.28% 16.20%
8.14
0.03
-1.46% 48.12%
SMALL-CAP
2.1B
1.3B
-5.59% 37.43%
23.51
1.6
-26.95% -56.14%
1.6B
2.2B
-7.51% -15.84%
8.4
0.75
-14.47% -57.71%
1.1B
1.5B
0.39% 32.10%
14.3
0.71
-27.22% -74.14%
770.0M
23.7M
-1.06% -1.31%
42.1
32.56
51.04% 152.07%
403.7M
1.2B
-3.46% 20.12%
12.56
0.33
4.38% -66.00%
278.5M
298.1M
0.27% 154.21%
18.28
0.93
3.91% -16.38%

Marketaxess Holdings News

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Bank Julius Baer & Co. Ltd Zurich Increases Stake in MarketAxess ....
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3 hours ago
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7 days ago

Returns for MKTX

Cumulative Returns on MKTX

13.6%


10-Year Cumulative Returns

4.3%


7-Year Cumulative Returns

3.4%


5-Year Cumulative Returns

-23.8%


3-Year Cumulative Returns

Risks for MKTX

What is the probability of a big loss on MKTX?

80.4%


Probability that Marketaxess Holdings stock will be more than 20% underwater in next one year

34.2%


Probability that Marketaxess Holdings stock will be more than 30% underwater in next one year.

21.5%


Probability that Marketaxess Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MKTX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Marketaxess Holdings was unfortunately bought at previous high price.

Drawdowns

Financials for Marketaxess Holdings

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-0.3%733735718705695690699705707716689648615556511494464445436422416
Operating Expenses1.7%408401391384376368362349337328314304293277260250239230223214208
  S&GA Expenses1.6%22.0022.0019.0017.0016.0015.0015.0013.0013.0013.0013.0015.0015.0016.0016.0014.0013.0012.0011.0011.0011.00
EBITDA-100.0%-409400392386380388403412426411383356313284------
EBITDA Margin-100.0%-0.56*0.56*0.56*0.56*0.55*0.56*0.57*0.58*0.60*0.60*0.59*0.58*0.56*0.56*------
Interest Expenses-43.2%0.001.001.001.001.001.001.001.002.002.001.004.00---------
Earnings Before Taxes-3.1%335346338330326323334353366384374346325284257252232222218211211
EBT Margin-100.0%-0.47*0.47*0.47*0.47*0.47*0.48*0.50*0.52*0.54*0.54*0.53*0.53*0.51*0.50*------
Net Income-2.7%252259250243242242258279288305299277263227205200185177173160156
Net Income Margin-100.0%-0.35*0.35*0.34*0.35*0.35*0.37*0.40*0.41*0.43*0.43*0.43*0.43*0.41*0.40*------
Free Cashflow-100.0%-309276291268267265347237246389249367331254------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-0.6%1,6191,6281,6081,5601,5681,7071,5301,6121,5381,5461,3311,2461,039976955855812775696646618
    Cash Equivalents19.1%396333431319291365507433414391461310404364270321286261246210171
  Net PPE-0.1%99.0099.0010094.0093.0095.0096.0096.0093.0089.0085.0082.0078.0075.0072.0067.0064.0061.0063.0054.0050.00
  Goodwill0%1551551551551551551551551557.00147147147147147---60.00--
Liabilities-10.4%45450752754156768448955751655837634818617818516015014488.0068.0060.00
Shareholder's Equity3.9%1,1651,1221,0811,0191,0011,0241,0411,0551,022988955898853798770695662631608579557
  Retained Earnings2.9%1,1811,1481,1021,0691,036995957930897855799749704643591560525497463433410
  Additional Paid-In Capital2.0%340333345330325318330324314310330328328328343344341335342336331
Shares Outstanding0.0%38.0038.0038.0038.0038.0037.0038.0038.0038.0037.0038.0037.0037.0037.0038.0037.0037.0037.0038.0037.0037.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations3.7%332320289301278282282364253261404266382347266247247232224200185
  Share Based Compensation1.3%30.0029.0030.0029.0028.0028.0027.0027.0027.0026.0026.0025.0027.0027.0025.0023.0019.0017.0016.0015.0015.00
Cashflow From Investing27.5%-78.40-108-86.27-79.55-79.99-66.18-67.69-90.5513.0032.0069.00-3.64-98.38-108-122-28.60-31.62-27.00-50.30-22.73-28.73
Cashflow From Financing29.9%-143-204-242-285-284-257-189-147-153-114-145-149-143-131-118-106-99.32-99.45-92.67-105-113
  Buy Backs-100.0%-49.0088.0013313710163.0019.0019.0011.0016.0021.0020.0017.0017.0018.0021.0024.0025.0025.0031.00

MKTX Income Statement

2023-06-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Revenues$ 179,846$ 182,229$ 383,015$ 368,286
Expenses    
Employee compensation and benefits48,38345,435100,69893,191
Depreciation and amortization17,00515,24033,46630,414
Technology and communications15,23512,49030,23424,682
Professional and consulting fees8,0238,92015,15018,541
Occupancy3,1993,7006,8107,087
Marketing and advertising3,3082,9496,3034,738
Clearing costs4,1824,2638,7278,838
General and administrative4,7844,44410,5447,903
Total expenses104,11997,441211,932195,394
Operating income75,72784,788171,083172,892
Other income (expense)    
Interest income5,3122549,561313
Interest expense(53)(337)(183)(510)
Equity in earnings of unconsolidated affiliate250191454191
Other, net(2,286)4,682(3,770)7,111
Total other income (expense)3,2234,7906,0627,105
Income before income taxes78,95089,578177,145179,997
Provision for income taxes19,09122,65643,65848,306
Net income$ 59,859$ 66,922$ 133,487$ 131,691
Net income per common share    
Basic$ 1.6$ 1.78$ 3.56$ 3.52
Diluted1.591.783.553.49
Cash dividends declared per common share$ 0.72$ 0.7$ 1.44$ 1.4
Weighted average shares outstanding    
Basic37,48537,52937,48237,456
Diluted37,58837,60837,61737,716
Commissions [Member]    
Revenues    
Revenues$ 158,586$ 163,463$ 340,577$ 329,576
Information Services [Member]    
Revenues    
Revenues11,6559,39622,66519,205
Post-trade Services [Member]    
Revenues    
Revenues9,4159,14419,39519,056
Other [Member]    
Revenues    
Revenues$ 190$ 226$ 378$ 449
Richard M. McVey
680
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers 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. In addition, the company provides various pre-and post-trade services, such as 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.