MarketAxess Declines 20.4% in 3 Months: Hold, Sell or Buy the Dip?
MKTX faces challenges like declining market share and high valuation. Yet, strong trading volumes, partnerships and growth potential make it worth holding on to.
MarketAxess Reports Record Total Trading Volumes for the Fourth Quarter
MarketAxess closed 2024 with a 6% rise in total credit ADV, driven by strong gains in emerging markets and Eurobonds, despite challenges in U.S. high-yield trading.
Why Is MarketAxess (MKTX) Down 11.1% Since Last Earnings Report?
MarketAxess (MKTX) reported earnings 30 days ago. What's next for the stock?
MarketAxess Expands AI Pricing to Munis, Reports November Volumes
MKTX expands the use of AI-powered pricing for municipal bonds. It reports strong emerging markets and Eurobonds volume in November.
MarketAxess: A Forgotten Stock Worth Buying On The Dip
MarketAxess reported strong Q3'24 results with revenue of $207 million, driven by increased market volumes and impressive operating leverage, leading to a 30% EPS growth. The company's global strategy is paying off, with 37% of commission revenue now from outside U.S. credit, signaling successful global expansion and reduced reliance on a single market. Key growth drivers include international expansion, enhanced trading solutions, and a new partnership with S&P Global, positioning MKTX for continued growth and a competitive edge.
Here's Why You Should Add MarketAxess to Your Portfolio Now
MKTX remains well-poised for growth on the back of improved commission revenues, a diversified product portfolio and a notable financial position.
MarketAxess (MKTX) Loses -9.63% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
MarketAxess (MKTX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Powell's ‘Revenge' On Trump Could Mean 239% Upside For This Stock
Six summers ago, Donald Trump lamented privately to Republican donors that he expected Jay Powell to be a “cheap money” Fed chair. To the President's chagrin, Powell had recently raised interest rates.
What Makes MarketAxess (MKTX) a New Buy Stock
MarketAxess (MKTX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here's Why MarketAxess (MKTX) Could be Great Choice for a Bottom Fisher
MarketAxess (MKTX) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
MarketAxess: Operating Leverage Returns In Q3 2024, Reiterate Hold On Market Share Trends
MarketAxess demonstrated strong operating leverage in 3Q24, with 20% Y/Y revenue growth and a 330bps increase in operating margin. Market share trends remain soft, with declines in U.S. High Grade and High Yield credit market shares, justifying the Hold rating. October volume metrics showed strong Y/Y growth, but market share continued to decline, particularly in key credit products, impacting overall performance.
MarketAxess Q3 Earnings Beat on Strong Credit Trading Volumes
MKTX's third-quarter results benefit from higher commissions, driven by improved trading volumes. Higher expenses partially offset the results.
