Shares of MarketAxess Holdings Inc. (MKTX) have lost 20.4% in the past three months, underperforming the industry’s decline of 3%. While CME Group Inc. (CME) has gained 2.5%, Cboe Global Markets, Inc. (CBOE) has declined 7.4% in the same time frame.In contrast, the S&P 500 index has experienced a rise of 3% over the same period, highlighting the stark divergence in performance. The stock is currently trading below its 50-day and 200-day moving averages, signaling downward momentum.MKTX's 3-Month Price Perfo ...

MarketAxess Holdings Inc. (MKTX) announced impressive growth in its trading volumes for the fourth quarter of 2024 and December. The total credit average daily trading volume (ADV) reached nearly $13.9 billion, marking a year-over-year increase of more than 6%. This growth was driven by notable gains across various segments, including a 4% rise in U.S. high-grade ADV, an 18% boost in emerging markets ADV and 13% growth in Eurobonds ADV. Total ADV rose 38% to $41 billion in the December quarter.One of the st ...

MarketAxess Holdings Inc. (MKTX) benefits from solid trading volumes, acquisitions and collaborations, a well-established Open Trading platform and robust cash-generating abilities.   MKTX’s Zacks Rank & Price PerformanceMarketAxess carries a Zacks Rank #2 (Buy) at present. The stock has gained 20.6% in the past year.Image Source: Zacks Investment ResearchRobust Growth Prospects of MarketAxessThe Zacks Consensus Estimate for MarketAxess’ 2024 earnings is pegged at $7.37 per share, indicating a year-over-yea ...

An Easter basket full of eggs with paper money on white background. Focus on the $100 bill in the ... [+] center.gettySix 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. Thus, making money more expensive.Most real estate guys like Trump are allergic to high rates. Back in 2018 they were certainly no bueno for his growth-focused agenda. The President told Fox B ...

MarketAxess (MKTX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a ch ...

Shares of MarketAxess (MKTX) have been struggling lately and have lost 5.2% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnin ...

I am a former sell-side / buy-side equities analyst that has left the world of day to day trading but remains closely engaged with market and individual stock developments. I focus primarily on exchanges and brokers with a long / short fundamental approach to my analysis. My goal for these posts is to try and shed unique light on investment theses around the stocks I focus on. Any investing I do is purely for my own personal account.Analyst’s Disclosure: I/we have a beneficial long position in the shares of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $0.003 par value MKTX NASDAQ Global Select Market FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHA ...

MarketAxess Holdings Inc. (MKTX) has reported third-quarter 2024 earnings per share of $1.90, which surpassed the Zacks Consensus Estimate by 4.4%. The bottom line grew 30.1% year over year.Total revenues of $206.7 million rose 20% year over year. The top line surpassed the consensus mark by a whisker.The strong quarterly results were driven by improving U.S. high-grade, emerging markets and Eurobonds commission revenues. Higher service revenues added to the upside. Geographic expansion and product diversif ...

MarketAxess Holdings Inc. (NASDAQ:MKTX) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Steve Davidson - Head, IR Chris Concannon - CEO Rich Schiffman - Global Head, Trading Solutions Ilene Fiszel Bieler - CFO Conference Call Participants Chris Allen - Citi Alex Kramm - UBS Benjamin Budish - Barclays Patrick Moley - Piper Sandler Jeff Schmitt - William Blair Dan Fannon - Jefferies Alex Blostein - Goldman Sachs Kyle Voigt - KBW Simon Clinch - Redburn Atlantic Brian Bedell - ...