Earnings Alerts

MarketAxess Holdings (MKTX) Earnings Spotlight: November’s Total Average Daily Volume Hits $44.95 Billion

By December 4, 2024 No Comments
  • Total average daily trading volume in November was $44.95 billion.
  • US high-grade bonds saw an average daily trading volume of $6.53 billion.
  • US high-yield bonds reported an average daily trading volume of $1.31 billion.
  • Emerging markets’ bonds had an average daily trading volume of $3.81 billion.
  • Eurobonds recorded an average daily trading volume of $2.00 billion.
  • Analyst ratings for MarketAxess include 4 buys, 11 holds, and 1 sell.

A look at Marketaxess Holdings Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

MarketAxess Holdings, Inc., a company specializing in electronic bond trading, seems to have a mixed outlook based on the Smartkarma Smart Scores. While the company’s resilience and dividend scores are relatively strong at 4 and 3 respectively, its value score is on the lower end at 2. This suggests that MarketAxess Holdings may not be considered undervalued compared to its peers. With growth and momentum scores both at 3, the company is showing moderate performance in these areas. Overall, MarketAxess Holdings appears to have a decent long-term outlook, particularly in terms of resilience and dividend stability.

MarketAxess Holdings, Inc. operates a technology-driven platform for bond trading, catering to institutional and broker-dealer clients in the U.S. and European markets. The Company’s focus on delivering price discovery and trade execution services sets it apart in the high-grade corporate and emerging markets bond trading space. While the Smartkarma Smart Scores indicate strengths in resilience and dividends, the company may need to focus on improving its value proposition to attract more investor interest. Despite having average scores for growth and momentum, MarketAxess Holdings’ unique position in the electronic trading market bodes well for its long-term prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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