The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict MarketAxess Holdings's revenues will grow 32.0% and EPS will grow 32.4%.
The average estimate for revenue is $64.4 million. On the bottom line, the average EPS estimate is $0.45.
Last quarter, MarketAxess Holdings notched revenue of $55.6 million. GAAP reported sales were 9.5% higher than the prior-year quarter's $50.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.43. GAAP EPS of $0.41 for Q1 were 17% higher than the prior-year quarter's $0.35 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 64.8%, 180 basis points better than the prior-year quarter. Operating margin was 46.5%, 170 basis points better than the prior-year quarter. Net margin was 27.6%, 100 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $243.9 million. The average EPS estimate is $1.68.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 48 members out of 58 rating the stock outperform, and 10 members rating it underperform. Among 18 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give MarketAxess Holdings a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MarketAxess Holdings is hold, with an average price target of $34.80.
Looking for alternatives to MarketAxess Holdings? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add MarketAxess Holdings to My Watchlist.