News stories about MarketAxess (NASDAQ:MKTX) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MarketAxess earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.3355203152876 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
MKTX has been the subject of several analyst reports. BidaskClub raised shares of MarketAxess from a “hold” rating to a “buy” rating in a research note on Thursday, March 8th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $215.00 target price on shares of MarketAxess in a research report on Friday, December 22nd. ValuEngine raised shares of MarketAxess from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Zacks Investment Research raised shares of MarketAxess from a “sell” rating to a “hold” rating in a research report on Monday, March 26th. Finally, Sandler O’Neill reissued a “hold” rating and set a $215.00 target price on shares of MarketAxess in a research report on Wednesday, April 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. MarketAxess has an average rating of “Hold” and an average target price of $214.50.
MarketAxess stock traded down $0.42 on Thursday, reaching $202.67. 160,954 shares of the stock were exchanged, compared to its average volume of 257,997. The firm has a market cap of $7,751.25, a price-to-earnings ratio of 51.97 and a beta of 0.57. MarketAxess has a twelve month low of $171.45 and a twelve month high of $229.84.
MarketAxess (NASDAQ:MKTX) last released its earnings results on Wednesday, January 31st. The financial services provider reported $0.89 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.01. The firm had revenue of $99.57 million during the quarter, compared to analyst estimates of $98.70 million. MarketAxess had a net margin of 37.26% and a return on equity of 29.54%. analysts forecast that MarketAxess will post 4.56 earnings per share for the current year.
In other news, insider Nicholas Themelis sold 5,400 shares of the business’s stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $218.11, for a total transaction of $1,177,794.00. Following the transaction, the insider now owns 57,927 shares in the company, valued at approximately $12,634,457.97. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Kevin M. Mcpherson sold 2,500 shares of the business’s stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of $223.43, for a total transaction of $558,575.00. Following the transaction, the insider now owns 80,192 shares in the company, valued at approximately $17,917,298.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 55,125 shares of company stock valued at $10,849,545. Company insiders own 4.02% of the company’s stock.
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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.
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