MarketAxess (NASDAQ:MKTX) Hits New 1-Year Low – Should You Sell?

MarketAxess Holdings Inc. (NASDAQ:MKTX)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $136.08 and last traded at $137.0850, with a volume of 20775 shares. The stock had previously closed at $137.78.

More MarketAxess News

Here are the key news stories impacting MarketAxess this week:

• Negative Sentiment: Zacks Research lowered MarketAxess’ FY2026 EPS estimate to $8.01 from $8.03, signaling slightly weaker full-year profit expectations. A Look At MarketAxess (MKTX) Valuation After Strong First Quarter 2026 Results And AI-Driven Growth
• Negative Sentiment: The analyst cut FY2027 EPS to $8.70 from $8.79 and FY2028 EPS to $9.49 from $9.58, reinforcing a slightly more cautious longer-term outlook for MKTX.
• Negative Sentiment: Several quarterly estimates were also lowered, including Q2 2026 to $1.92, Q3 2026 to $1.98, and Q4 2026 to $1.86, which may weigh on sentiment around near-term trading activity and revenue growth.
• Neutral Sentiment: Despite the cuts, Zacks still projects earnings above the current-year consensus of $8.08 per share for multiple future periods, which may limit downside if MarketAxess continues to execute well.
• Positive Sentiment: MarketAxess recently reported strong first-quarter 2026 results, including EPS and revenue that beat expectations, which continues to support the longer-term investment case. A Look At MarketAxess (MKTX) Valuation After Strong First Quarter 2026 Results And AI-Driven Growth

Analyst Upgrades and Downgrades

MKTX has been the subject of a number of research reports. Weiss Ratings lowered shares of MarketAxess from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 6th. UBS Group dropped their target price on shares of MarketAxess from $225.00 to $215.00 and set a “buy” rating for the company in a report on Monday, May 11th. Keefe, Bruyette & Woods initiated coverage on shares of MarketAxess in a report on Wednesday, April 8th. They set an “outperform” rating and a $195.00 target price for the company. Argus lowered shares of MarketAxess from a “buy” rating to a “hold” rating in a report on Tuesday, March 17th. Finally, Barclays dropped their target price on shares of MarketAxess from $189.00 to $170.00 and set an “equal weight” rating for the company in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, MarketAxess has an average rating of “Hold” and a consensus price target of $190.88.

MarketAxess Price Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 2.17 and a quick ratio of 2.17. The stock’s fifty day moving average is $162.07 and its 200-day moving average is $169.89. The stock has a market cap of $4.87 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 2.62 and a beta of 0.92.

MarketAxess (NASDAQ:MKTX) last posted its earnings results on Thursday, May 7th. The financial services provider reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.10. MarketAxess had a net margin of 35.53% and a return on equity of 22.28%. The company had revenue of $233.38 million for the quarter, compared to analysts’ expectations of $231.91 million. During the same quarter in the prior year, the company posted $1.87 earnings per share. MarketAxess’s revenue for the quarter was up 11.9% compared to the same quarter last year. As a group, equities analysts anticipate that MarketAxess Holdings Inc. will post 8.04 EPS for the current year.

MarketAxess Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Wednesday, May 20th will be given a $0.78 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $3.12 dividend on an annualized basis and a yield of 2.3%. MarketAxess’s dividend payout ratio is presently 36.88%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Primecap Management Co. CA lifted its position in MarketAxess by 42.4% in the fourth quarter. Primecap Management Co. CA now owns 3,175,425 shares of the financial services provider’s stock valued at $575,546,000 after buying an additional 944,830 shares during the last quarter. AQR Capital Management LLC lifted its position in MarketAxess by 169.0% in the fourth quarter. AQR Capital Management LLC now owns 2,558,097 shares of the financial services provider’s stock valued at $463,655,000 after buying an additional 1,607,009 shares during the last quarter. Van ECK Associates Corp lifted its position in MarketAxess by 6.5% in the third quarter. Van ECK Associates Corp now owns 1,948,633 shares of the financial services provider’s stock valued at $339,549,000 after buying an additional 119,036 shares during the last quarter. North Reef Capital Management LP lifted its position in MarketAxess by 16.5% in the first quarter. North Reef Capital Management LP now owns 1,875,000 shares of the financial services provider’s stock valued at $309,338,000 after buying an additional 265,670 shares during the last quarter. Finally, State Street Corp lifted its position in MarketAxess by 4.6% in the second quarter. State Street Corp now owns 1,532,696 shares of the financial services provider’s stock valued at $342,312,000 after buying an additional 67,290 shares during the last quarter. Institutional investors and hedge funds own 99.01% of the company’s stock.

About MarketAxess

MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.