MarketAxess (MKTX) to Release Earnings on Wednesday

MarketAxess (NASDAQ:MKTX) will post its quarterly earnings results before the market opens on Wednesday, April 25th. Analysts expect MarketAxess to post earnings of $1.25 per share for the quarter.

MarketAxess (NASDAQ:MKTX) last released its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.89 EPS for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.01. The company had revenue of $99.57 million for the quarter, compared to analyst estimates of $98.70 million. MarketAxess had a return on equity of 29.54% and a net margin of 37.26%. On average, analysts expect MarketAxess to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

How to Become a New Pot Stock Millionaire

NASDAQ MKTX opened at $205.99 on Wednesday. The stock has a market cap of $7,603.74, a PE ratio of 52.82 and a beta of 0.57. MarketAxess has a one year low of $171.45 and a one year high of $229.84.

A number of equities research analysts have recently commented on the company. Keefe, Bruyette & Woods lowered MarketAxess from an “outperform” rating to a “market perform” rating in a research report on Thursday, April 12th. Zacks Investment Research downgraded MarketAxess from a “hold” rating to a “sell” rating in a report on Thursday, April 5th. BidaskClub downgraded MarketAxess from a “buy” rating to a “hold” rating in a report on Wednesday, April 4th. Sandler O’Neill reiterated a “hold” rating and set a $215.00 price objective on shares of MarketAxess in a report on Wednesday, April 4th. Finally, ValuEngine upgraded MarketAxess from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $214.50.

In related news, CEO Richard M. Mcvey sold 35,000 shares of the stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $190.61, for a total transaction of $6,671,350.00. Following the completion of the transaction, the chief executive officer now directly owns 1,115,767 shares in the company, valued at $212,676,347.87. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Nicholas Themelis sold 5,400 shares of the stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $218.11, for a total value of $1,177,794.00. Following the transaction, the insider now owns 57,927 shares of the company’s stock, valued at $12,634,457.97. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 55,125 shares of company stock valued at $10,849,545. 4.02% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION WARNING: “MarketAxess (MKTX) to Release Earnings on Wednesday” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this news story on another website, it was illegally copied and reposted in violation of international copyright & trademark laws. The original version of this news story can be read at

MarketAxess Company Profile

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments worldwide. It offers institutional investor and broker-dealer the access to global liquidity in U.S.

Earnings History for MarketAxess (NASDAQ:MKTX)

Receive News & Ratings for MarketAxess Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MarketAxess and related companies with's FREE daily email newsletter.

Leave a Reply