MarketAxess Holdings Inc. ($MKTX) Possible Buy to $267 Confident Investor Rating: Good

Company name MarketAxess Holdings Inc.
Stock ticker MKTX
Live stock price [stckqut]MKTX[/stckqut]
P/E compared to competitors Fair


Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good


Confident Investor Rating Good
Target stock price (TWCA growth scenario) $306.97
Target stock price (averages with growth) $452.28
Target stock price (averages with no growth) $309.35
Target stock price (manual assumptions) $309.94


The following company description is from Google Finance:

MarketAxess Holdings Inc. operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments using its trading technology. Institutional investor and broker-dealer firms are users of trading platform, accessing global liquidity in the United States corporate bonds, emerging markets and high-yield bonds, European bonds, the United States agency bonds, municipal bonds, credit default swaps and other fixed-income securities. Through Open Trading protocols, it executes trades in certain bonds between and among institutional investor and broker-dealer clients in a trading environment on a matched principal basis. It offers trading-related products and services, including market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through processing; technology services to optimize trading environments, and execution services for exchange-traded fund managers.


Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in MarketAxess Holdings Inc. as long as the indicators that I describe in my book The Confident Investor are favorable. I am adding MarketAxess to my WatchList.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of MarketAxess Holdings Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $201.75
  • Growth: 0.198
  • Current EPS (TTM): $3.89
  • P/E: 52
  • Future EPS Calc: $9.59
  • Future Stock Price Calc: $499.15
  • Target stock price: $309.93

I hope that this makes you a Confident Investor.

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