Marketaxess Holdings Inc (MKTX) Stock Analysis
Verdict: AVOID
Acquisition by ICE at $167 per share caps upside and converts the stock into a merger-arbitrage play with negligible remaining premium.
Investment score: 22/100
Analysis as of
Is Marketaxess Holdings Inc stock worth reviewing? The TradeMates thesis
The model views MKTX as a 'locked' asset due to the ICE acquisition agreement at $167. The current price of $162.30 leaves no room for organic growth.
7-factor investment score
- Valuation: 10/100 (weight 20%)
- Financial Health: 90/100 (weight 15%)
- Technical Momentum: 20/100 (weight 15%)
- Earnings Quality: 50/100 (weight 15%)
- Insider Sentiment: 20/100 (weight 10%)
- Analyst Consensus: 15/100 (weight 10%)
- Risk-Adjusted Return: 10/100 (weight 15%)
Marketaxess Holdings Inc opportunities and risks
What speaks for MKTX
- Cash Buyout Floor
What speaks against MKTX
- Zero Growth Upside
Peers and competitors
| Ticker | P/E | P/S | EV/EBITDA | Gross margin | Net margin | FCF yield |
|---|---|---|---|---|---|---|
| MKTX | 19.1x | 6.6x | 12.4x | 68.8% | 35.3% | 4.1% |
| COIN | n/a | 7.0x | n/a | 79.0% | -17.8% | 6.9% |
| CBOE | 24.1x | 6.4x | 15.5x | 52.3% | 26.7% | 5.9% |
| TW | 23.9x | 9.7x | 12.9x | 68.1% | 40.7% | 4.9% |
| FDS | 17.2x | 3.8x | 11.1x | 51.4% | 23.2% | 7.6% |
| MORN | 18.1x | 2.8x | 10.6x | 62.2% | 16.4% | 6.9% |
| Peer median | 18.1x | 6.4x | 11.1x | 62.2% | 23.2% | 6.9% |
Frequently asked questions about Marketaxess Holdings Inc (MKTX)
Is MKTX stock a good investment?
The TradeMates model rates Marketaxess Holdings Inc as AVOID with an investment score of 22/100. The model views MKTX as a 'locked' asset due to the ICE acquisition agreement at $167. The current price of $162.30 leaves no room for organic growth. This is algorithmic model output, not personal investment advice.
Is MKTX stock a buy?
The TradeMates model verdict for MKTX is AVOID with an investment score of 22/100. Treat this as a model signal to review, not a personal buy recommendation.