The stock price of MarketAxess Holdings Inc (NASDAQ: MKTX) has jumped by 2.52 compared to previous close of 210.83. Despite this, the company has seen a fall of -1.31% in its stock price over the last five trading days. zacks.com reported 2025-03-28 that MKTX remains well-poised for growth on the back of improved trading volumes, a well-established Open Trading platform and sufficient cash generation abilities.
Is It Worth Investing in MarketAxess Holdings Inc (NASDAQ: MKTX) Right Now?
MarketAxess Holdings Inc (NASDAQ: MKTX) has a higher price-to-earnings ratio of 29.70x compared to its average ratio, The 36-month beta value for MKTX is at 0.90. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for MKTX is 36.85M, and currently, shorts hold a 3.66% of that float. The average trading volume for MKTX on April 04, 2025 was 661.04K shares.
MKTX’s Market Performance
MKTX stock saw an increase of -1.31% in the past week, with a monthly gain of 10.37% and a quarterly increase of -4.38%. The volatility ratio for the week is 2.54%, and the volatility levels for the last 30 days are 2.45% for MarketAxess Holdings Inc (MKTX). The simple moving average for the past 20 days is 0.91% for MKTX’s stock, with a -7.76% simple moving average for the past 200 days.
Analysts’ Opinion of MKTX
Many brokerage firms have already submitted their reports for MKTX stocks, with BofA Securities repeating the rating for MKTX by listing it as a “Underperform.” The predicted price for MKTX in the upcoming period, according to BofA Securities is $199 based on the research report published on April 10, 2024 of the previous year 2024.
Barclays gave a rating of “Equal Weight” to MKTX, setting the target price at $291 in the report published on January 08th of the previous year.
MKTX Trading at 4.16% from the 50-Day Moving Average
After a stumble in the market that brought MKTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.14% of loss for the given period.
Volatility was left at 2.45%, however, over the last 30 days, the volatility rate increased by 2.54%, as shares surge +4.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.31% lower at present.
During the last 5 trading sessions, MKTX fell by -1.31%, which changed the moving average for the period of 200-days by +7.96% in comparison to the 20-day moving average, which settled at $214.20. In addition, MarketAxess Holdings Inc saw -4.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MKTX starting from Pintoff Scott, who sale 300 shares at the price of $240.57 back on Dec 09 ’24. After this action, Pintoff Scott now owns 8,302 shares of MarketAxess Holdings Inc, valued at $72,171 using the latest closing price.
Pintoff Scott, the Officer of MarketAxess Holdings Inc, proposed sale 300 shares at $240.57 during a trade that took place back on Dec 09 ’24, which means that Pintoff Scott is holding shares at $72,171 based on the most recent closing price.
Stock Fundamentals for MKTX
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 0.72 for the gross margin
The net margin for MarketAxess Holdings Inc stands at 0.34. The total capital return value is set at 0.22. Equity return is now at value 20.45, with 14.41 for asset returns.
Based on MarketAxess Holdings Inc (MKTX), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 5.18. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 212.96.
Currently, EBITDA for the company is 432.77 million with net debt to EBITDA at -1.1. When we switch over and look at the enterprise to sales, we see a ratio of 9.38. The receivables turnover for the company is 2.39for trailing twelve months and the total asset turnover is 0.46.
Conclusion
In conclusion, MarketAxess Holdings Inc (MKTX) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
