MarketAxess is part of the financial services sector and trades as part of the brokers and exchanges industry. The company CEO is Richard M. Mcvey. MarketAxess Inc provides electronic fixed-income trading platform. It’s trading categories include US and European high-grade corporate, European Government, and high-yield bonds. The firm also provides market information and analytic tools.
Previous Intraday Trading Performance:
The MKTX stock showed a previous change of 1.67% with an open at 296.91 and a close of 299.12. It reached an intraday high of 299.46 and a low of 287.74.
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Liquidity:
The stock has a market cap of $11.3b with 37.7m shares outstanding, of which the float is 35.7m shares. Trading volume reached 327,608 shares compared to its average volume of 392,639 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, MarketAxess shares returned 6.33% and in the past 30 trading days it returned 14.15%. Over three months, it changed 26.13%. In one year it has changed 38.39% and within that year its 52-week high was 299.46 and its 52-week low was 172.09. MKTX stock is 73.82% above its 52 Week Low.
Our calculations show a 200 day moving average of 223.94 and a 50 day moving average of 271.35. Currently MKTX stock is trading 33.57% above its 200 day moving average.
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Earnings:
The last annual fiscal EPS for the company was reported at 4.57 that ended on 31st of December 2018, which according to the previous close, that is a PE of 65.45. Based on 2 analyst estimates, the consensus EPS for the next quarter is 1.37. The TTM EPS is 4.57, which comes to a TTM PE of 65.45. Historically, the PE high was 70.20 and the PE low was 23.50. If the stock reached its PE low, that would represent a price of 107.40, which is a decrease of -64.09%.
Below was the last reported quarterly diluted earnings per share:
| 1st | Qtr of 2019 | (Reported on 04/24/2019): | 1.39 |
|---|---|---|---|
| 4th | Qtr of 2018 | (Reported on 01/30/2019): | 1.21 |
| 3rd | Qtr of 2018 | (Reported on 10/24/2018): | 1.02 |
| 2nd | Qtr of 2018 | (Reported on 07/25/2018): | 1.07 |
| 1st | Qtr of 2018 | (Reported on 04/25/2018): | 1.27 |
The dividend per share is currently 2.04, which is a dividend yield of 0.68%. Also, the payout ratio is 44.64%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 80.12, which means it may be overvalued by -273.36%.
Indicators to Watch:
The current calculated beta is 0.18.
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Fundamental Indicators:
Based on last reported financials, the company’s return on equity is 31.67%, return on assets is 27.06%, profit margin is 40.17%, price-to-sales is 24.89 and price-to-book is 17.57.
Company Scores:
All scores are out of six:
0 :Valuation Score
3 :Past Performance Score
5 :Financial Strength Score
3 :Future Growth Score
0 :Dividend Score
2 :Overall Score
