MarketAxess Statistics
Share Statistics
MarketAxess has 37.70M shares outstanding. The number of shares has increased by -0.4% in one year.
| Shares Outstanding | 37.70M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.38% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 36.88M |
| Failed to Deliver (FTD) Shares | 2.30K |
| FTD / Avg. Volume | 0.56% |
Short Selling Information
The latest short interest is 667.75K, so 1.77% of the outstanding shares have been sold short.
| Short Interest | 667.75K |
| Short % of Shares Out | 1.77% |
| Short % of Float | 1.81% |
| Short Ratio (days to cover) | 1.99 |
Valuation Ratios
The PE ratio is 42.61 and the forward PE ratio is 33. MarketAxess 's PEG ratio is 1.64.
| PE Ratio | 42.61 |
| Forward PE | 33 |
| PS Ratio | 14.61 |
| Forward PS | 9.8 |
| PB Ratio | 8.5 |
| P/FCF Ratio | 39.08 |
| PEG Ratio | 1.64 |
Enterprise Valuation
MarketAxess Inc. has an Enterprise Value (EV) of 11.08B.
| EV / Earnings | 42.92 |
| EV / Sales | 14.72 |
| EV / EBITDA | 28.03 |
| EV / EBIT | 35.16 |
| EV / FCF | 39.37 |
Financial Position
The company has a current ratio of 16.36, with a Debt / Equity ratio of 0.06.
| Current Ratio | 16.36 |
| Quick Ratio | 16.36 |
| Debt / Equity | 0.06 |
| Total Debt / Capitalization | 5.8 |
| Cash Flow / Debt | 4.19 |
| Interest Coverage | 158.86 |
Financial Efficiency
Return on equity (ROE) is 0.2% and return on capital (ROIC) is 17.8%.
| Return on Equity (ROE) | 0.2% |
| Return on Assets (ROA) | 0.13% |
| Return on Capital (ROIC) | 17.8% |
| Revenue Per Employee | 854.20K |
| Profits Per Employee | 292.91K |
| Employee Count | 881 |
| Asset Turnover | 0.37 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 74.64M |
| Effective Tax Rate | 0.22 |
Stock Price Statistics
The stock price has increased by -16.4% in the last 52 weeks. The beta is 1.05, so MarketAxess 's price volatility has been higher than the market average.
| Beta | 1.05 |
| 52-Week Price Change | -16.4% |
| 50-Day Moving Average | 271.48 |
| 200-Day Moving Average | 233.21 |
| Relative Strength Index (RSI) | 25.08 |
| Average Volume (20 Days) | 407.14K |
Income Statement
In the last 12 months, MarketAxess had revenue of $752.55M and earned $258.06M in profits. Earnings per share was $6.87.
| Revenue | 752.55M |
| Gross Profit | 482.92M |
| Operating Income | 315.02M |
| Net Income | 258.06M |
| EBITDA | 395.10M |
| EBIT | 315.02M |
| Earnings Per Share (EPS) | 6.87 |
Balance Sheet
The company has $451.28M in cash and $79.68M in debt, giving a net cash position of $371.60M.
| Cash & Cash Equivalents | 451.28M |
| Total Debt | 79.68M |
| Net Cash | 371.60M |
| Retained Earnings | 1.24B |
| Total Assets | 1.83B |
| Working Capital | 824.25M |
Cash Flow
In the last 12 months, operating cash flow was $333.77M and capital expenditures -$52.45M, giving a free cash flow of $281.32M.
| Operating Cash Flow | 333.77M |
| Capital Expenditures | -52.45M |
| Free Cash Flow | 281.32M |
| FCF Per Share | 7.49 |
Margins
Gross margin is 64.17%, with operating and profit margins of 41.86% and 34.29%.
| Gross Margin | 64.17% |
| Operating Margin | 41.86% |
| Pretax Margin | 44.21% |
| Profit Margin | 34.29% |
| EBITDA Margin | 52.5% |
| EBIT Margin | 41.86% |
| FCF Margin | 37.38% |
Dividends & Yields
MKTX pays an annual dividend of $2.96, which amounts to a dividend yield of 1.25%.
| Dividend Per Share | $2.96 |
| Dividend Yield | 1.25% |
| Dividend Growth (YoY) | 2.78% |
| Payout Ratio | 40% |
| Earnings Yield | 2.94% |
| FCF Yield | 3.2% |
Analyst Forecast
The average price target for MKTX is $267, which is 14.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $267 |
| Price Target Difference | 14.4% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
Scores
| Altman Z-Score | 14.59 |
| Piotroski F-Score | 5 |