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MKTX

276.98USD+3.71(+1.36%)Delayedas of 02 Dec 2022, 11:00 am

Marketaxess Holdings Inc

Market Summary

USD276.98+3.71Delayedas of 02 Dec 2022, 11:00 am
1.36%

MKTX Stock Price

RSI Chart

Valuation

Market Cap

9.2B

Price/Earnings

37.85

Price/Sales

13.05

Price/Cashflow

30.61

MarketCap/EBT

27.86

Price/Sales

Profitability

EBT Margin

46.84%

Return on Equity

23.87%

Return on Assets

15.59%

Fundamentals

Revenue

Revenue (TTM)

705.5M

Revenue Y/Y

6.18%

Revenue Q/Q

-5.55%

Earnings

Earnings (TTM)

243.2M

Earnings Y/Y

2.33%

Earnings Q/Q

-11.38%

Price Action

52 Week Range

216.82418.38
(Low)(High)

Last 7 days

6.4%

Last 30 days

14.5%

Last 90 days

9.7%

Trailing 12 Months

-19.7%

Financial Health

Investor Care

Dividend Yield

1.13%

Dividend/Share (TTM)

2.76

Buy Backs (1Y)

1.02%

Diluted EPS (TTM)

6.44

Peers (Alternatives to Marketaxess Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
152.0B
20.0B
2.59% 7.99%
24.13
7.98
11.04% 25.60%
116.7B
44.1B
10.11% 3.95%
7.21
2.64
-11.77% -19.89%
100.1B
18.6B
10.76% -18.30%
17.14
5.16
-0.55% -4.20%
25.7B
11.3B
-0.34% 24.98%
17.17
2.33
14.11% 7.56%
MID-CAP
9.2B
705.5M
14.54% -19.70%
37.85
13.05
0.03% -12.72%
7.9B
1.1B
-2.05% 5.01%
6.24
8.12
-28.35% -28.41%
7.2B
2.0B
15.83% 9.43%
14.24
3.56
9.45% -3.53%
6.7B
4.7B
2.80% -6.94%
8.5
1.42
2.68% -0.67%
2.4B
2.6B
-2.88% -20.32%
6.37
0.93
-11.69% -29.99%
2.2B
1.7B
9.12% -7.76%
10.1
1.22
-5.97% -10.17%
SMALL-CAP
1.9B
66.0B
12.09% 69.40%
12
0.03
55.25% 78.07%
1.1B
1.6B
-0.08% 10.82%
8.34
0.66
-23.97% -60.19%
918.0M
19.9M
-1.73% 1.77%
-26.12
14.13
-72.02% -152.67%
360.0M
1.2B
21.37% -7.69%
4.94
0.31
-19.93% -59.07%
127.2M
279.4M
33.29% -44.32%
6.98
0.44
-18.21% -83.98%

Financials for Marketaxess Holdings

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.4%705695690699705
Operating Expenses2.1%384376368362349
  S&GA Expenses7.9%16151513
Earnings Before Taxes1.3%330326323334353
Net Income0.6%243242242258279
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.5%1,5601,5681,7071,5301,612
    Cash Equivalents9.7%319291365507433
  Net PPE0.3%9493959696
  Goodwill0%155155155155155
Liabilities-4.6%541567684489557
Shareholder's Equity1.8%1,0191,0011,0241,0411,055
  Retained Earnings3.2%1,0691,036995957930
  Additional Paid-In Capital2.2%325318330324-
Accumulated Depreciation-181----
Shares Outstanding0.0%3838383838
Float-15,300----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations8.0%301278282282364
  Share Based Compensation2.1%2928282727
Cashflow From Investing0.6%-79.55-79.99-66.18-67.69-90.55
Cashflow From Financing-0.6%-285.64-284.06-257.39-189.77-147.35
  Buy Backs-3.1%1331371016319

Risks

What is the probability of a big loss on MKTX?

65.4%


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

21.9%


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

13.8%


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.

Returns

Cumulative Returns on MKTX

26.0%


10-Year Cumulative Returns

14.8%


7-Year Cumulative Returns

7.7%


5-Year Cumulative Returns

-11.2%


3-Year Cumulative Returns

What are the long-term rolling returns for MKTX?

FIve years rolling returns for Marketaxess Holdings.

Which funds bought or sold MKTX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
ADDED
-
4,000
4,000
-%
2022-11-23
Toroso Investments, LLC
ADDED
19.26
26,000
748,000
0.03%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
5,476,000
5,476,000
0.06%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-3,000
24,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.24
-2,292,000
13,883,000
0.02%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-2,000
11,000
-%
2022-11-18
Alamar Capital Management, LLC
REDUCED
-11.01
-185,000
635,000
0.71%
2022-11-18
National Pension Service
UNCHANGED
-
-1,000
3,000
-%
2022-11-17
CENTRAL TRUST Co
ADDED
16.23
4,000
368,000
0.01%
2022-11-17
Grandeur Peak Global Advisors, LLC
UNCHANGED
-
-13,000
87,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying MKTX calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MKTX

Marketaxess Holdings News

MarketBeat

MarketAxess Holdings Inc. (NASDAQ:MKTX) Given Average Recommendation of "Hold" by Brokerages.9 hours ago

MKTX Fair Value

Recent SEC filings of Marketaxess Holdings

View All Filings
Date Filed Form Type Document
Oct 26, 2022
10-Q
Quarterly Report
Oct 19, 2022
8-K
Current Report

Latest Insider Trading transactions for MKTX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-08-01
Gerosa Christopher N.
SOLD (Taxes)
-24,784.8
269.4
-92
Chief Financial Officer
2022-06-08
Cruger William Frank Jr.
ACQUIRED
-
-
497
-
2022-06-08
Chwick Jane
ACQUIRED
-
-
497
-
2022-06-08
Li Xiaojia Charles
ACQUIRED
-
-
497
-
2022-06-08
Gmelich Justin Gerald
ACQUIRED
-
-
497
-
2022-06-08
Gibson Kourtney
ACQUIRED
-
-
497
-
2022-06-08
Altobello Nancy A.
ACQUIRED
-
-
497
-
2022-06-08
Casper Stephen P
ACQUIRED
-
-
586
-
2022-06-08
Prager Richard Leon
ACQUIRED
-
-
497
-
2022-06-08
Begleiter Steven L
ACQUIRED
-
-
497
-

1–10 of 50

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.

MKTX Income Statement

2022-09-30
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Revenues$ 172,112$ 162,093$ 540,398$ 533,891
Expenses    
Employee compensation and benefits44,80540,878137,996129,698
Depreciation and amortization15,30213,96445,71638,840
Technology and communications14,16910,66538,85131,245
Professional and consulting fees7,56010,84726,10131,191
Occupancy3,3813,26510,4689,882
Marketing and advertising1,7971,8216,5356,153
Clearing costs4,2113,26913,04912,335
General and administrative4,5763,38112,4799,893
Total expenses95,80188,090291,195269,237
Operating income76,31174,003249,203264,654
Other income (expense)    
Investment income1,4331081,746322
Interest expense(138)(314)(648)(676)
Equity in earnings of unconsolidated affiliate86901,0600
Other, net3886977,499(1,952)
Total other income (expense)2,5524919,657(2,306)
Income before income taxes78,86374,494258,860262,348
Provision for income taxes19,55616,53667,86256,645
Net income$ 59,307$ 57,958$ 190,998$ 205,703
Net income per common share    
Basic$ 1.58$ 1.54$ 5.10$ 5.49
Diluted1.581.525.075.40
Cash dividends declared per common share$ 0.70$ 0.66$ 2.10$ 1.98
Weighted average shares outstanding    
Basic37,47937,52937,46437,502
Diluted37,56738,08437,66638,114
Commissions [Member]    
Revenues    
Revenues$ 153,164$ 142,826$ 482,740$ 475,095
Information Services [Member]    
Revenues    
Revenues9,7119,60828,91628,614
Post-trade Services [Member]    
Revenues    
Revenues9,0009,44428,05629,553
Other [Member]    
Revenues    
Revenues$ 237$ 215$ 686$ 629