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 most optimistic price target was 219, implying a possible profit of 6.83 percent. The lowest price target was 210, which equates to a potential downside of 2.44 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -6.58 percent. The average change in earnings estimates over the last 90 days is -7.06 percent. Meanwhile, fiscal year estimates have been revised downwards by -4.44 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.56 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's 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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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. 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's next earnings release will be on 0000-00-00, which is days away.