|Company name||MarketAxess Holdings Inc.|
|Live stock price||[stckqut]MKTX[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$213.48|
|Target stock price (averages with growth)||$266.3|
|Target stock price (averages with no growth)||$213.03|
|Target stock price (manual assumptions)||$218.96|
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/mktx
MarketAxess Holdings Inc., incorporated on April 11, 2000, 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 the users of its 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 its Open Trading protocols, the Company executes trades in certain bonds between and among institutional investor and broker-dealer clients in an all-to-all trading environment on a matched-principal basis. The Company also 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 and other clients. Through its Trax division, the Company also offers a range of pre- and post-trade services, including trade matching, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products.
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.
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How was this analysis of MarketAxess Holdings Inc. calculated?
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