Noteworthy events have surrounded
MarketAxess Holdings Inc (MKTX), including both
insider dealings and
analyst insights. Despite having some underperforming days, there have been numerous instances where the stock
outperformed competitors and showcased
rising relative strength. Brokerages and analysts have generally given the company a consensus rating of 'Hold'. In terms of financial performance, MKTX reported
Q2 2024 earnings beating EPS expectations, despite slight revenue miss. These results align well with analyst projections for strong trading days.
Record information services further strengthen the company's robust earnings growth. Although MKTX's share price fell on concerns of market share loss, overall the company still presented
upcoming dividends and
strong commissions. The
business model however, hasn't caught up with the share price yet. An
insider increased their holdings by 12% last year which could indicate confidence in the company's trajectory. Recent news revolves around MKTX's
monthly volume statistics,
portfolio trade for tax-exempt municipal bonds and
earnings, which surpass estimates. The stock price is considered oversold which could potentially indicate a future rebound.
Marketaxess Holdings MKTX News Analytics from Fri, 24 Nov 2023 08:00:00 GMT to Sun, 18 Aug 2024 11:02:03 GMT -
Rating 4
- Innovation 3
- Information 8
- Rumor -2
