Marketaxess Holdings Stock Intrinsic Value – MARKETAXESS HOLDINGS Shares Climb on Friday, Outperforming Market

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On Friday, MARKETAXESS HOLDINGS ($NASDAQ:MKTX), Inc. shares rose significantly, outperforming the market. The trading activity of the company’s stock was buoyed by positive investor sentiment towards the company and its products. MARKETAXESS HOLDINGS is a leader in electronic fixed-income trading and operates an open-architecture multi-dealer trading platform. It offers institutional investors access to a network of global liquidity sources, including banks, brokers, and other market makers, enabling them to trade a broad array of credit and other fixed-income products.

The company’s technology platform and trading infrastructure have earned it accolades from clients and industry observers alike. Given the company’s strong position in the fixed-income trading market and its innovative approach to trading, the stock performance on Friday is not surprising.

Price History

The stock opened at $387.7 on Monday and closed at $381.1, a decrease of 1.3% from the prior closing price of 386.0. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Marketaxess Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Marketaxess Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Marketaxess Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Marketaxess Holdings are shown below. More…

Analysis – Marketaxess Holdings Stock Intrinsic Value

After conducting a detailed analysis of MARKETAXESS HOLDINGS‘ financials, GoodWhale has concluded that the intrinsic value of MARKETAXESS HOLDINGS’ shares is approximately $424.2. This value was calculated using our proprietary Valuation Line. At the current market price of $381.1, MARKETAXESS HOLDINGS’ stock appears to be undervalued by 10.2%. As such, GoodWhale recommends that investors take advantage of the opportunity to purchase MARKETAXESS HOLDINGS’ stock at a discounted rate. More…

Peers

MarketAxess Holdings Inc is a leading financial markets technology company. It provides an electronic trading platform for fixed income securities, including corporate bonds, government and agency bonds, asset-backed securities, and credit default swaps. The company’s competitors include Tradeweb Markets Inc, Aryaman Capital Markets Ltd, and Matsui Securities Co Ltd.

– Tradeweb Markets Inc ($NASDAQ:TW)

Tradeweb Markets Inc is a financial markets platform company. It has a market cap of 10.91B and a ROE of 6.51%. The company offers electronic trading for a variety of fixed income products, including government bonds, corporate bonds, mortgage-backed securities, and credit default swaps. It also provides post-trade processing and analytics. The company was founded in 1996 and is headquartered in New York, New York.

– Aryaman Capital Markets Ltd ($BSE:538716)

With a market cap of 707.85M as of 2022, Aryaman Capital Markets Ltd is a company that is doing quite well. The company has a Return on Equity of 10.69%. The company deals in providing financial services and is based in India. The company is doing quite well in terms of its market cap and ROE.

– Matsui Securities Co Ltd ($TSE:8628)

Matsui Securities Co., Ltd. is a Japanese securities firm headquartered in Tokyo. It is a member of the Nikkei 225 stock index. The company was founded in 1931 and its current president is Takuya Matsui. The company offers a range of services including retail and institutional brokerage, investment banking, and research. It has offices in Tokyo, Osaka, Nagoya, and Fukuoka.

Summary

MarketAxess Holdings Inc. (MKTX) rose on Friday, outperforming the broader market index. Analysts suggest that the stock has been supported by strong trading activity within the company’s electronic bond trading platform. The company’s continued development of innovative trading tools, along with its focus on expanding into new markets, has led to higher volumes and greater liquidity enabling traders to more easily access fixed income markets. Furthermore, its cost-efficient pricing model has helped MKTX to remain competitive while delivering better results for its customers. These factors have resulted in greater investor confidence and buying pressure on the MKTX stock.

In addition, MKTX has recently announced plans to increase its presence in Europe as part of its strategy to become a global leader in bond trading solutions.