Professional
Added to YB: 2024-02-28
Pitch date: 2024-02-22
MKTX [bullish]
MarketAxess Holdings Inc.
-13.02%
current return
Author Info
No bio for this author
Company Info
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally.
Market Cap
$6.7B
Pitch Price
$207.75
Price Target
N/A
Dividend
1.74%
EV/EBITDA
14.70
P/E
27.01
EV/Sales
7.62
Sector
Capital Markets
Category
value
Polen U.S. SMID Company Growth New Position - MarketAxess Holdings Inc.
MKTX: Leading fixed income e-trading platform w/ 2K+ clients. Few global rivals, high barriers to entry. Flat 5yr due to new competition & rates, but valuation now reasonable. Investing in tech, products, global growth to compete. Mid-teens+ EPS growth potential as strong cash generator overcomes near-term macro challenges.
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