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.

Investment analysts gave a few price targets for MKTX. The most optimistic price target was 219, implying a possible profit of 6.83 percent. The most pessimistic price target was 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -6.58 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. 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 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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 stock has a market capitalization of $7.5 billion. MKTX will post this quarters earnings in days, on 0000-00-00.