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Is this Large Market Cap Stock target price reasonable for MarketAxess Holdings Inc. (NASDAQ:MKTX)?

The company in question is, MarketAxess Holdings Inc. (NASDAQ:MKTX) currently with a stock price of 154.52 (-0.28% today). The market cap for MarketAxess Holdings Inc. is 5872.98, and is in the sector Financial, and Investment Brokerage РNational industry. The target price for MarketAxess Holdings Inc. is 161.25. Currently MarketAxess Holdings Inc. is trading with a P/E of 53.43, and a forward P/E of 39.8. Average volume for MarketAxess Holdings Inc. is 256.97 and so far today it is 155392.

Performance in the last year for MarketAxess Holdings Inc. has been 65.77%. For EPS growth, MarketAxess Holdings Inc. has seen a growth of 29.20%, and is looking to grow in the next year to 20.83%. More long term stats show that EPS growth has been 26.00% over the last five years and could be 18.00% for the next five years. MarketAxess Holdings Inc. has seen sales growth quarter over quarter at 27.90%, with EPS growth quarter over quarter at 36.30%. The 20-day simple moving average is -6.98%, with the 200-day simple moving average coming to 12.53%.

Since the IPO date for MarketAxess Holdings Inc. on the 11/05/2004, MarketAxess Holdings Inc. has seen performance year to date to be 39.72%. With MarketAxess Holdings Inc. trading at 154.52, the dividend yield is 0.67%, and the EPS is 2.9.

So could MarketAxess Holdings Inc., be undervalued? Well as said before P/E is 53.43. The PEG is 2.97, P/S is 17.48 and the P/B is at 13.1. The P/cash is 38.31, with P/free cash flow at *TBA.

MarketAxess Holdings Inc. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0, and total debt/equity at 0.

In terms of margins, MarketAxess Holdings Inc. has a gross margin of 90.80%, an operating margin of 49.80% and a profit margin of 32.50%.Payout ratio for MarketAxess Holdings Inc. is 30.90%. Return on assets come to 24.50% with return on investment coming to 24.60%.

Insider ownership for MarketAxess Holdings Inc., is at 3.70% and institutional ownership comes to 94.80%. Outstanding shares are at 37.9. While shares float is 36.61. The float short is currently 2.03%, and short ratio is 2.89.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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