MarketAxess Holdings has been a focus of recent analyst projections and investment trends. This follows the company's first-quarter results, with several analyst updates. Trading volumes have been noted as down due to low market volatility. In a recent earnings snapshot, Q1 earnings were bolstered by commission revenue and lowered expenses. In contrast, MKTX has been underperforming in comparison to its competitors on multiple occasions, despite daily gains. The company's first quarter 2024 earnings aligned with EPS projections but recorded a slight revenue miss. It has received an average rating of 'hold' from analysts. On the investment side, notable movements include the National Bank of Canada, Teacher Retirement System of Texas, and International Assets Investment Management LLC increasing their holdings of MKTX. Unfortunately, it seems that investors in MKTX have faced a 52% loss over the last three years. Shareholders are in the red if they invested three years ago. It is important to note that the company has declared its intention to increase its dividend to $0.74, giving it an added allure from an investment standpoint.
Marketaxess Holdings MKTX News Analytics from Thu, 14 Sep 2023 07:00:00 GMT to Sun, 12 May 2024 20:46:22 GMT -
Rating -5
- Innovation 4
- Information 6
- Rumor 3
