+Compare
MKTX
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
8.1B

MKTX MarketAxess Holdings Forecast, Technical & Fundamental Analysis

a provider of investment services

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for MKTX with price predictions
08:00 PM EDT Sep 20, 2023

MKTX's Indicator enters downward trend

The Aroon Indicator for MKTX entered a downward trend on September 21, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 209 similar instances where the Aroon Indicator formed such a pattern. In of the 209 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on August 30, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on MKTX as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for MKTX turned negative on September 06, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 58 similar instances when the indicator turned negative. In of the 58 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MKTX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for MKTX's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MKTX advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .

MKTX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. MKTX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MKTX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.954) is normal, around the industry mean (4.733). P/E Ratio (32.051) is within average values for comparable stocks, (36.038). Projected Growth (PEG Ratio) (2.766) is also within normal values, averaging (2.370). Dividend Yield (0.013) settles around the average of (0.035) among similar stocks. P/S Ratio (11.025) is also within normal values, averaging (129.965).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Morgan Stanley (NYSE:MS), Goldman Sachs Group (NYSE:GS), Charles Schwab Corp (The) (NYSE:SCHW), CME Group (NASDAQ:CME).

Industry description

These banks specialize in underwriting (helping companies with debt financing or equity issuances), IPOs, facilitating mergers and other corporate reorganizations and acting as a broker or financial advisor for institutions. They might also trade securities on their own accounts. Investment banks potentially thrive on expanding its network of clients, since that could help them increase profits. Goldman Sachs, Morgan Stanley and CME Group Inc are some of the largest investment banking companies.

Market Cap

The average market capitalization across the Investment Banks/Brokers Industry is 9.64B. The market cap for tickers in the group ranges from 13 to 928.5B. PKRSF holds the highest valuation in this group at 928.5B. The lowest valued company is BFCH at 13.

High and low price notable news

The average weekly price growth across all stocks in the Investment Banks/Brokers Industry was -2%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was 162%. SWIN experienced the highest price growth at 59%, while LGHL experienced the biggest fall at -26%.

Volume

The average weekly volume growth across all stocks in the Investment Banks/Brokers Industry was -17%. For the same stocks of the Industry, the average monthly volume growth was 2% and the average quarterly volume growth was -31%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 63
Price Growth Rating: 57
SMR Rating: 69
Profit Risk Rating: 76
Seasonality Score: -14 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published Earnings

MKTX is expected to report earnings to rise 3.77% to $1.65 per share on October 18

MarketAxess Holdings MKTX Stock Earnings Reports
Q3'23
Est.
$1.65
Q2'23
Missed
by $0.01
Q1'23
Beat
by $0.02
Q4'22
Beat
by $0.03
Q3'22
Beat
by $0.09
The last earnings report on July 20 showed earnings per share of $1.59, missing the estimate of $1.60. With 392.48K shares outstanding, the current market capitalization sits at 8.10B.
A.I.Advisor
published Dividends

MKTX paid dividends on August 16, 2023

MarketAxess Holdings MKTX Stock Dividends
А dividend of $0.72 per share was paid with a record date of August 16, 2023, and an ex-dividend date of August 01, 2023. Read more...
A.I. Advisor
published General Information

General Information

a provider of investment services

Industry InvestmentBanksBrokers

Profile
Fundamentals
Details
Industry
Investment Banks Or Brokers
Address
55 Hudson Yards
Phone
+1 212 813-6000
Employees
744
Web
https://www.marketaxess.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
CRYPTO / NAMEPrice $Chg $Chg %
FIRO.X1.4774680.025826
+1.78%
Firo cryptocurrency
MCHX1.350.02
+1.13%
Marchex
NAPA12.020.02
+0.17%
Duckhorn Portfolio (The)
LXFR12.45-0.11
-0.88%
Luxfer Holdings PLC
OLN46.64-0.54
-1.14%
Olin Corp

MKTX and

Correlation & Price change

A.I.dvisor indicates that over the last year, MKTX has been loosely correlated with TW. These tickers have moved in lockstep 57% of the time. This A.I.-generated data suggests there is some statistical probability that if MKTX jumps, then TW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MKTX
1D Price
Change %
MKTX100%
+0.44%
TW - MKTX
57%
Loosely correlated
-0.45%
MCO - MKTX
48%
Loosely correlated
-0.02%
SPGI - MKTX
46%
Loosely correlated
-0.17%
ICE - MKTX
44%
Loosely correlated
-2.00%
MSCI - MKTX
40%
Loosely correlated
-0.44%
More

Groups containing MKTX

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MKTX
1D Price
Change %
MKTX100%
+0.44%
trading electronically
(undefined stocks)
84%
Closely correlated
-0.45%
Investment Banks/Brokers
(undefined stocks)
53%
Loosely correlated
-0.61%
investment broker
(undefined stocks)
53%
Loosely correlated
-0.60%
investment
(undefined stocks)
47%
Loosely correlated
-0.26%