Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering MarketAxess (MKTX) , which belongs to the Zacks Securities and Exchanges industry.This operator of bond trading platforms has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 2.78%.For the last reported quarter, MarketAxess came out with earnings of $1.72 ...

MarketAxess Holdings Inc. (MKTX) announced impressive growth in its trading volumes for the third quarter of 2024. The total credit average daily trading volume ("ADV") reached nearly $14.1 billion, marking a yearover-year increase of more than 26.5%. This growth was driven by notable gains across various segments, including 35.7% rise in U.S. high-grade ADV, 19.1% boost in emerging markets ADV and 27.4% growth in Eurobonds ADV. Total ADV rose 38.4% to $40.5 billion in the September quarter. Among the segme ...

MarketAxess Holdings Inc (MKTX, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth trajectory. Despite a slight daily loss of 0.71%, the company's stock has surged by 35.88% over the past three months, currently priced at $272. This performance is underscored by the GF Score, which indicates that MarketAxess Holdings Inc is poised for significant future growth. MarketAxess Holdings Inc (MKTX) GF Score: 100 ...

MarketAxess (MKTX) shares soared 7.5% in the last trading session to close at $273.94. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.4% gain over the past four weeks. MarketAxess' recent price improvement stems from investor optimism around its strong trading volume growth. The company reported strong performance for the third quarter and September, particularly in key segments like U.S. high-grade, emerging markets, Eurobond ...

Shares of MarketAxess Holdings Inc. (MKTX) have gained 17.2% in the past six months compared with the industry's 11.3% growth. The Finance sector and the S&P 500 composite index rose 10.8% and 9.5%, respectively, in the same time frame. With a market capitalization of $9.7 billion, the average volume of shares traded in the past three months was 0.4 million. MarketAxess benefits from increased trading volumes, market share gains across a diversified set of product categories, strategic partnerships and a st ...

MarketAxess Holdings Inc. (MKTX) recently announced an expansion of its 10-year-long partnership with BlackRock. Under this expanded partnership, MKTX's credit trading protocols, data and pricing will be integrated into BlackRock's Aladdin order execution management system (OEMS). The partnership between MKTX and BlackRock in MarketAxess analytics and Open trading dates back to 2013. The expansion of this partnership bodes well for MKTX as it enhances existing offerings for common clients of both companies. ...

sommart/iStock via Getty Images Reiterating Hold Rating Given Continuation of Market Share Trends As outlined in my initiation post on MarketAxess Holdings Inc. (NASDAQ:MKTX), 'MarketAxess: Electronic Credit Platform With Industry Tailwinds, Valuation Seems Fair', MarketAxess is a dominant player in the global electronic credit trading space. The company has benefitted and should continue to benefit, from the structural shift in global credit markets from primarily a dealer to client market operated via tel ...

MarketAxess (MKTX) shares rallied 6.7% in the last trading session to close at $258.02. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.5% gain over the past four weeks. This marks the second consecutive day of MarketAxess' price increases. Increased optimism over growing trading volume is driving the company's stock price higher. Yesterday, it reported robust trading volume growth for August, with strong c ...

It has been about a month since the last earnings report for MarketAxess (MKTX) . Shares have added about 5.5% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is MarketAxess due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. MarketAxess Q2 Earnings Beat on Higher Commi ...

MarketAxess Holdings Inc. (MKTX) is benefiting from increased trading volumes, a robust Open Trading platform, acquisitions and partnerships, as well as solid cash-generating abilities. Zacks Rank & Price Performance MarketAxess carries a Zacks Rank #3 (Hold) at present. The stock has gained 8.1% in the past six months, in line with the industry. Image Source: Zacks Investment Research Robust Growth Prospects The Zacks Consensus Estimate for MarketAxess' 2024 earnings is pegged at $7.06 per share, which ind ...