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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 $386.59, down 0.82% from the previous day, and has increased 10.87% in one year. It has overperformed other stocks in the Capital Markets industry by 0.17 percentage points. Marketaxess Holdings stock is currently +77.79% from its 52-week low of $217.44, and -2.69% from its 52-week high of $397.27.

There are currently 37.61M MKTX shares outstanding. The market value of MKTX is $14.54B. In the last 24 hours, 402,526 MKTX shares were traded.

How to Buy Marketaxess Holdings Stock

Wondering how to invest in Marketaxess Holdings stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Choose your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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

  1. Click here to get started.
  2. Provide your personal info to start a new trading account.
  1. Send your info by hitting the "Create Account" button.
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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.

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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 Price
$386.59
1w %
6.11%
1y %
10.87%
5y %
72.42%
P/E
57.87x
P/B
13.45x
P/S
20.17x
PEG
3.66x
Revenue
$718.30M
Earnings
$250.22M
Fore. Rev. Growth
12.74%
Fore. Earn. Growth
15.82%
Market Cap
$14.54B
Next Earnings
Apr 18, 2023
Next Dividend
N/A

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 57.87x, relative to Capital Markets industry P/E ratio of 16.27x
  • MKTX may be overvalued based on its P/B ratio of 13.45x, relative to Capital Markets industry P/B ratio of 1.55x
  • MKTX may be overvalued based on its PEG ratio of 3.66x

You can do additional valuation research on MKTX's stock here.

MKTX Financial Health Overview

Passed Financial Due Diligence Checks:

  • MKTX earnings of $338.99M is not enough to cover its interest payments.
  • MKTX's operating cash flow of $289.23M allows it to safely service it's debt of $82.68M.

Failed Financial Due Diligence Checks:

  • MKTX has a relatively high debt to equity ratio of 0.49.
  • MKTX profit margin has gone down from 36.9% to 34.8% 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 13 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

Simon Clinch, a bottom 33% analyst from Atlantic Equities upgrades MKTX to a strong buy rating and raises their MKTX price target from $321.00 to $403.00, on Mar 2, 2023.

Michael Cyprys, a bottom 21% analyst from Morgan Stanley maintains MKTX with a hold rating and raises their MKTX price target from $314.00 to $341.00, on Jan 27, 2023.

Kyle Voigt, a bottom 20% analyst from Keefe, Bruyette & Woods maintains MKTX with a hold rating and raises their MKTX price target from $325.00 to $345.00, on Jan 26, 2023.

Christopher Allen, a top 22% analyst from Citigroup maintains MKTX with a strong buy rating and raises their MKTX price target from $360.00 to $415.00, on Jan 26, 2023.

Alexander Blostein, a top 18% analyst from Goldman Sachs maintains MKTX with a hold rating and raises their MKTX price target from $297.00 to $336.00, on Jan 26, 2023.

You can dig deeper into what analysts are saying on the Marketaxess Holdings stock forecast page.

Metrics for Advanced MKTX Traders

SMA10
369.89
SMA20
361.12
SMA50
352.52
SMA100
309.33
SMA200
282.87
MACD
9.9
MACD Signal
7.02
MACD Histogram
2.88
RSI
66.36
Stochastic %K
88.88
Stochastic %D
92.43
StochRSI %K
95.95
StochRSI %D
96.38

How is MKTX performing as a company?

Last year, MKTX earnings were $250.22M. Over the past 5 year, MKTX's earnings have grown by 10.69% per year. This was slower than the Capital Markets industry average of 25.79%.

Last year, MKTX revenue was $718.30M. In the past five year, MKTX's revenue has grown by 12.79% per year. This was slower than the Capital Markets industry average of 14.61%.

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.

Scott Pintoff, General Counsel and Secretary of MKTX, was the latest MKTX insider to sell. They sold $36,383.23 worth of MKTX stock on Mar 8, 2023.

Dig into more about who owns MKTX stock here.

Does MKTX stock generate passive income?

Marketaxess Holdings pays a dividend of 0.73%, compared to the Capital Markets industry's average dividend yield of 3.23%. If you owned $1,000 of MKTX stock, you would have received $7.29 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.

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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.

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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:

  1. Figure out where to buy Marketaxess Holdings stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Marketaxess Holdings stock
  5. Place your MKTX buy order
  6. Track your MKTX investment

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today

If you would like to get updates on your new investment in Marketaxess Holdings, create your watchlist below.

NASDAQ: MKTX
$386.59-3.18 (-0.82%)
Updated Mar 20, 2023
Open eToro Account
NASDAQ: MKTX
$386.59-3.18 (-0.82%)
Updated Mar 20, 2023
Open eToro Account

FAQ

How much does it cost to buy one Marketaxess Holdings share?

As of Mar 20, 2023, it costs $386.59 to buy one share of Marketaxess Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.259 shares of MKTX.

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Is now a good time to buy Marketaxess Holdings stock?

According to 13 Wall Street analysts who monitor Marketaxess Holdings, their consensus recommendation is to hold Marketaxess Holdings stock.

What is the best way to buy Marketaxess Holdings stock?

One way to place an order for Marketaxess Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.