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.

Many analysts weighed in on price targets for MKTX. The highest price target was 219, which equates to a potential upside 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.

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. 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 have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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 traded between a high of 211.06 and a low of 145.10 over the past year. Currently the stock is 41.28 percent higher than its low, and 2.87 percent below the high. MKTX has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.