Upcoming Earnings Overview:
MarketAxess (MKTX) is expected to report earnings on Wednesday, May 6th, with a consensus estimate EPS of 2.15.
Live Analysis:
MarketAxess Holdings Inc. (MKTX) is currently trading at $158.75, showing a decrease of $1.38 (-0.862%) from the previous close. The trading volume is $118,958, which is 23.14% of the average volume.
Earnings Overview:
In the latest quarterly earnings report on Thursday, February 5th, MarketAxess exceeded expectations with an EPS of 1.65.
Dividends:
MarketAxess offers a forward dividend yield of 1.97%, with a dividend per share MRQ of 78 cents. The dividend per share has increased by 2.7027 cents year over year, totaling $3.06 over the trailing twelve months.
Cash Flow:
MarketAxess generated a free cash flow of $143.55 million, with a net change in cash of $46.81 million. Operating cash flow stood at $158.63 million.
Income Statement:
The company reported a net income of $92.24 million, resulting in an EPS of $2.51. The net income margin is at 44.47%.
Ratios:
Key ratios include a net profit margin of 44.47%, return on equity of 8.05%, and a price-to-earnings ratio of 18.08.
Balance Sheet:
MarketAxess Holdings Inc. shows total assets of $1.81 billion, with total liabilities at $650.35 million and net debt at -$234.80 million.
This comprehensive overview provides insights into MarketAxess's current financial status and performance metrics.
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. It offers the access to liquidity in the U.S. investment-grade bonds, U.S. high-yield bonds, and U.S. Treasuries, as well as municipal bonds, emerging market debts, Eurobonds, and other fixed income securities. The company, through its Open Trading protocols, executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds. It also offers trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company provides various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.