NASDAQ: MKTX Earns An Average “Hold” Rating From Stock Market Analysts

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NASDAQ: MKTX

MarketAxess Holdings Inc has been given an average of “hold” rating by eleven stock market investors. Out of the eleven, eight analysts issued a “hold” rating and three issued a “buy” rating. NASDAQ: MKTX Chas $457.71 as their one-year average target price. 

How Did The Stock Market Analysts React To NASDAQ: MKTX “Hold” Rating?

Zachs Investment Research decreases its MarketAxess Holdings Inc shares to a “hold” rating from a rating of “buy.” They also issued a target price of $474.00 on 9th September during a Wednesday report. Rosenblatt Securities also cut its NASDAQ: MKTX Shares to $493.00 from $505.00. They also issued a rating of “neut on 6th October during a Tuesday report. 

On the other hand, BidaskClub increased its MarketAxess Holdings inc states to a “hold” rating from a rating of “sell” during a Wednesday report. Piper Sandlee increased its price target to $535.00 from $520.00 and issued a rating of “neutral” on 23rd July duringa Thursday report. Last but not the least, Raymond James issued a rating of “buy” on NASDAQ: MKTX shares on 5th October during a Monday report. 

How Did The Hedge Funds React To MarketAxess Holdings Inc’s Recent Rating?

IFO Advisors Inc increased their NASDAQ: MKTX shares by 51.1 percent. They currently own an estimate of $69,000, which comes from 139 company shares. Emerald Mutual Fund Advisors Trust recently purchased MarketAxess Holdings shares worth $79,000. 

Similarly, Signaturefd LLC increased its MarketAxess Holdings by 22.6 percent. They currently own an estimate of $84,000, which comes from 168 company shares. U.S Global Investors Jnc recently purchased NASDAQ: MKTX shares with $100,000. Last but not the least, Blue Square Asset Management LLC also purchased new MarketAxess Holdings shares estimated at $116,000. 

It should be noted here that 91.72 percent of NASDAQ: MKTX stock is under hedge funds and stock market institutional investors. 

On Friday, MarketAxess Holdings shares started at £522.05. The company’s 52 weeks low is $275.49. Its 52 weeks high is $561.68. NASDAQ: MKTX has a market capitalization of $19.82 billion. Its P/E ratio and beta stand at 75.66 and 0.52. The firm’s fifty days moving average and two-hundred days moving average stands at $472.77 and $472.50. 

The company last released its earnings for the quarter on 22nd July during a Wednesday report. As per reports, NASDAQ: MKTX earning is $2.20 per share. The stock market analysts predicted that the company would make $2.12. 

MarketAxess Holdings Inc’s return in equity and net margin stands at 33.75 percent and 42.74 percent. 

After the “hold” rating, stock market analysts predict that NASDAQ: MKTX will announce 7.48 EPS for this FY.