Analyst Ratings for MarketAxess Holdings Inc. (MKTX)

Updated: 2017-07-26

Shares of MarketAxess Holdings Inc. (NASDAQ:MKTX) have received a consensus rating of Overweight from Wall Street analysts. Last month, MKTX received an average rating of Overweight.

A buy rating was issued by 2 analysts, 1 gave an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for MKTX. The maximum price target given was 219, implying potential capital gains of 6.83 percent. The most pessimistic analyst gave a price target of 210, implying potential capital losses of 2.44 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -6.58 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -7.06 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -4.44 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.56 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.

MKTX has an estimated earnings growth rate of 14.17 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MKTX is 3.9.

MKTX has a 52-week high of 211.06 and a 52-week low of 145.10. Today's price is 41.28 percent above the 52-week low, and below the high by 2.87 percent. MKTX has a P/E ratio of 55.28. Investors typically compare the P/E ratio to a company's peers in the industry. The MKTX value stock report compares MKTX to some of its peers using value stock charts. The market cap of MKTX is $7.5 billion. MKTX's next earnings release will be on 0000-00-00, which is days away.