Marketaxess Holdings Inc
General ticker "MKTX" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $9.2B
Marketaxess Holdings Inc follows the US Stock Market performance with the rate: 22.8%.
Estimated limits based on current volatility of 0.8%: low 228.03$, high 231.82$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-11-20, amount 0.74$ (Y1.29%)
- North and South America accounted for 81.0% of revenue in the fiscal year ended 2022-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [215.69$, 317.39$]
- 2024-12-30 to 2025-12-30 estimated range: [202.69$, 305.37$]
Financial Metrics affecting the MKTX estimates:
- Positive: Non-GAAP EPS, $ of 7.10 > 2.29
- Positive: Operating profit margin, % of 41.86 > 19.51
- Negative: Investing cash flow per share, $ of -4.14 <= -3.48
- Positive: Industry operating profit margin (median), % of 28.03 > 11.86
- Positive: Return on assets ratio (scaled to [-100,100]) of 11.35 > 7.10
- Positive: Industry inventory ratio change (median), % of 0 <= 0
Short-term MKTX quotes
Long-term MKTX plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $698.95MM | $718.30MM | $752.55MM |
| Operating Expenses | $361.72MM | $391.42MM | $437.53MM |
| Operating Income | $337.24MM | $326.88MM | $315.02MM |
| Non-Operating Income | $-3.31MM | $11.41MM | $17.68MM |
| Interest Expense | $0.84MM | $0.70MM | $1.98MM |
| R&D Expense | $0.00MM | $6.70MM | $0.00MM |
| Income(Loss) | $333.92MM | $338.29MM | $332.70MM |
| Taxes | $76.03MM | $88.06MM | $74.64MM |
| Profit(Loss) | $257.89MM | $250.22MM | $258.06MM |
| Stockholders Equity | $1,041.31MM | $1,081.09MM | $1,292.96MM |
| Inventory | $24.88MM | $88.92MM | $0.00MM |
| Assets | $1,530.45MM | $1,607.78MM | $2,015.07MM |
| Operating Cash Flow | $282.09MM | $289.23MM | $333.77MM |
| Capital expenditure | $50.62MM | $51.87MM | $52.45MM |
| Investing Cash Flow | $-67.69MM | $-86.27MM | $-155.29MM |
| Financing Cash Flow | $-189.78MM | $-242.38MM | $-147.06MM |
| Earnings Per Share* | $6.88 | $6.68 | $6.87 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.