How to Buy Marketaxess Holdings Stock
Marketaxess Holdings Inc
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.
Marketaxess Holdings stock last closed at $204.43, up 0.21% from the previous day, and has decreased 36.15% in one year. It has underperformed other stocks in the Capital Markets industry by 0.52 percentage points. Marketaxess Holdings stock is currently +2.55% from its 52-week low of $199.34, and -37.89% from its 52-week high of $329.15.
There are currently 37.87M MKTX shares outstanding. The market value of MKTX is $7.74B. In the last 24 hours, 278,187 MKTX shares were traded.
How to Buy Marketaxess Holdings Stock
Wondering how to invest in Marketaxess Holdings stock? Here's how.
- Figure out where to buy Marketaxess Holdings stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Marketaxess Holdings stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your details.
- Evaluate Marketaxess Holdings stock: The Marketaxess Holdings ticker symbol is MKTX. Is Marketaxess Holdings stock a good investment? Should you buy shares of MKTX? How do MKTX's underlying business fundamentals look? Do top analysts think Marketaxess Holdings is a good buy? Why has MKTX's stock price moved recently? (Hint: Our stock research tools can help you evaluate if MKTX is a good stock to buy).
- Place your MKTX buy order: Decide if you will purchase MKTX shares at the current market price or use a limit order to purchase MKTX shares at a given price.
- Track your MKTX investment: Create a watchlist to get the latest news on your new investment in Marketaxess Holdings stock.
Step 1: Figure out where to buy Marketaxess Holdings stock
You need a brokerage account in order to access the NASDAQ market and buy MKTX stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can buy MKTX stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have created your account on app for investing, you can securely and quickly fund your account:
Watch the video below if you need help depositing money into your investment account.
Step 4: Evaluate Marketaxess Holdings stock
Once you have chosen the best place to buy Marketaxess Holdings stock, it's important to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the upside.
Marketaxess Holdings Numbers
MKTX Due Diligence Checks
WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on MKTX's stock page.
Is MKTX stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MKTX's true value.
Using relative valuations methods:
- MKTX may be overvalued based on its P/E ratio of 29.76x, relative to Capital Markets industry P/E ratio of 20.26x
- MKTX may be overvalued based on its P/B ratio of 5.99x, relative to Capital Markets industry P/B ratio of 1.84x
- MKTX may be overvalued based on its PEG ratio of 1.2x
You can do additional valuation research on MKTX's stock here.
MKTX Financial Health Overview
Passed Financial Due Diligence Checks:
- MKTX earnings of $334.68M is not enough to cover its interest payments.
- MKTX's operating cash flow of $333.77M allows it to safely service it's debt of $79.68M.
Failed Financial Due Diligence Checks:
- MKTX has a relatively high debt to equity ratio of 0.56.
- MKTX profit margin has gone down from 34.8% to 34.3% in the past year.
- Total MKTX debt is higher than 5 years ago, relative to shareholder equity.
Is Marketaxess Holdings stock a Buy, Hold, or Sell, according to analysts?
Out of 8 sell side analysts who give recommendations on MKTX, the consensus analyst rating on Marketaxess Holdings is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest MKTX Analyst Upgrades/Downgrades
Andrew Bond, a top 13% analyst from Rosenblatt maintains MKTX with a strong sell rating and lowers their MKTX price target from $229.00 to $210.00, on Feb 1, 2024.
Christopher Allen, a top 13% analyst from Citigroup maintains MKTX with a strong buy rating and raises their MKTX price target from $270.00 to $300.00, on Dec 6, 2023.
Jeremy Campbell, a top 6% analyst from Barclays maintains MKTX with a strong buy rating and lowers their MKTX price target from $278.00 to $246.00, on Oct 26, 2023.
You can dig deeper into what analysts are saying on the Marketaxess Holdings stock forecast page.
Metrics for Advanced MKTX Traders
How is MKTX performing as a company?
Last year, MKTX earnings were $258.06M. Over the past 5 year, MKTX's earnings have grown by 7.98% per year. This was slower than the Capital Markets industry average of 11.37%.
Last year, MKTX revenue was $752.55M. In the past five year, MKTX's revenue has grown by 11.56% per year. This was slower than the Capital Markets industry average of 13.29%.
Learn more about MKTX's earnings and revenue performance here.
Are MKTX insiders buying or selling the stock?
In the past 12 months, insiders at MKTX have sold more shares than they have bought.
Naineshkumar Shantilal Panchal, Chief Information Officer of MKTX, was the latest MKTX insider to sell. They sold $104,784.31 worth of MKTX stock on Mar 1, 2024.
Dig into more about who owns MKTX stock here.
Does MKTX stock generate passive income?
Marketaxess Holdings pays a dividend of 1.42%, compared to the Capital Markets industry's average dividend yield of 2.79%. If you owned $1,000 of MKTX stock, you would have received $14.19 last year.
Marketaxess Holdings dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Marketaxess Holdings dividend yield and history here.
Get opinions from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your MKTX buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Press the Open button and eToro will execute your order.
If you need more assistance buying stocks on eToro, watch the how to video below:
Step 6: Track your MKTX investment
Now that you own some MKTX stock, you'll want to stay up-to-date on your company.
Add MKTX to a watchlist to get notified of the latest news about your MKTX stock.
MKTX Feed
How to Buy Stock in Marketaxess Holdings
To summarize, here are the 6 steps to buy Marketaxess Holdings stock:
- Figure out where to buy Marketaxess Holdings stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Marketaxess Holdings stock
- Place your MKTX buy order
- Track your MKTX investment
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your new investment in Marketaxess Holdings, create your watchlist below.
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