MarketAxess Holdings Inc. (MKTX) has seen a zig-zag pattern in recent trade performances, often outperforming its competitors on many strong trading days. Various institutional investors, such as
Principal Securities Inc.,
Coldstream Capital Management Inc.,
BI Asset Management Fondsmaeglerselskab A S, and
ING Groep NV, have increased their shares in the company. Despite this, shares have also been sold, featuring
Envestnet Portfolio Solutions Inc. and
Jump Financial LLC as notable entities doing so. MarketAxess declared a dividend of
$0.72 and reported robust earnings growth and record information services. The Q1 2024 earnings were declared, aligning with EPS projections but slightly missing revenue expectations. After Q1 results, analysts updated their MKTX estimates. Between first and second quarter, Zacks Research revised their EPS estimates, anticipating a cut. The company has been identified as oversold, leaving lingering questions on its evaluation. The first quarter financial results unveiled an EPS beat but revenue lag. The firm has been boosting its Brazil presence using its EM platform and new Global Head of Emerging Markets, Dan Burke.
Marketaxess Holdings MKTX News Analytics from Wed, 16 Aug 2023 07:00:00 GMT to Sun, 26 May 2024 10:34:37 GMT -
Rating -2
- Innovation -5
- Information 6
- Rumor -6
