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.

Several price targets were given for MKTX by the analysts covering the stock. The maximum price target given was 219, which equates to a potential upside of 6.83 percent. The lowest price target was 210, which equates to a potential downside of 2.44 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -6.58 percent. The average change in earnings estimates over the last 90 days is -7.06 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -4.44 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.56 percent in FY estimates.

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 made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.

Analysts estimate earnings of MKTX to grow at a rate of 14.17 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MKTX is 3.9.

In the last 52-weeks, MKTX has achieved a high of 211.06 and a low of 145.10. The current market price is above the trailing year's low by 41.28 percent, and 2.87 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.