Q3 EPS Estimates for MarketAxess Reduced by William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX) – Stock analysts at William Blair dropped their Q3 2025 earnings per share estimates for MarketAxess in a research note issued on Tuesday, October 14th. William Blair analyst J. Schmitt now expects that the financial services provider will post earnings of $1.63 per share for the quarter, down from their prior estimate of $1.87. The consensus estimate for MarketAxess’ current full-year earnings is $7.79 per share. William Blair also issued estimates for MarketAxess’ Q4 2025 earnings at $1.72 EPS, FY2025 earnings at $7.22 EPS, FY2026 earnings at $8.10 EPS and FY2027 earnings at $9.10 EPS.

A number of other analysts have also issued reports on the company. UBS Group dropped their target price on MarketAxess from $255.00 to $240.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of MarketAxess in a research report on Wednesday, October 8th. Morgan Stanley decreased their price target on MarketAxess from $274.00 to $253.00 and set an “overweight” rating for the company in a research note on Wednesday, October 1st. Piper Sandler set a $180.00 price target on MarketAxess in a research note on Tuesday. Finally, Barclays decreased their price target on MarketAxess from $200.00 to $186.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $216.58.

MarketAxess Stock Performance

Shares of NASDAQ MKTX opened at $171.07 on Thursday. MarketAxess has a 1 year low of $161.61 and a 1 year high of $296.68. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 6.92 and a beta of 0.89. The stock’s 50-day simple moving average is $181.16 and its 200-day simple moving average is $204.72.

MarketAxess (NASDAQ:MKTX) last announced its earnings results on Wednesday, August 6th. The financial services provider reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.06. MarketAxess had a return on equity of 20.41% and a net margin of 26.62%.The business had revenue of $219.46 million for the quarter, compared to analyst estimates of $218.05 million. During the same period in the previous year, the company earned $1.72 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year.

Insider Transactions at MarketAxess

In other MarketAxess news, Director Stephen P. Casper sold 1,600 shares of MarketAxess stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $186.59, for a total value of $298,544.00. Following the completion of the transaction, the director directly owned 43,208 shares in the company, valued at $8,062,180.72. The trade was a 3.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CRO Kevin M. Mcpherson sold 1,494 shares of MarketAxess stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $185.32, for a total value of $276,868.08. Following the completion of the transaction, the executive owned 67,681 shares of the company’s stock, valued at approximately $12,542,642.92. The trade was a 2.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.65% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On MarketAxess

A number of hedge funds and other institutional investors have recently bought and sold shares of MKTX. Comerica Bank grew its position in shares of MarketAxess by 0.9% in the 1st quarter. Comerica Bank now owns 5,181 shares of the financial services provider’s stock valued at $1,121,000 after acquiring an additional 48 shares during the period. DekaBank Deutsche Girozentrale grew its position in shares of MarketAxess by 1.0% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 5,080 shares of the financial services provider’s stock valued at $1,105,000 after acquiring an additional 51 shares during the period. Federated Hermes Inc. grew its position in shares of MarketAxess by 13.0% in the 1st quarter. Federated Hermes Inc. now owns 522 shares of the financial services provider’s stock valued at $113,000 after acquiring an additional 60 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of MarketAxess by 1.6% during the 2nd quarter. Exchange Traded Concepts LLC now owns 4,157 shares of the financial services provider’s stock worth $928,000 after buying an additional 64 shares during the period. Finally, Claret Asset Management Corp boosted its holdings in shares of MarketAxess by 6.6% during the 2nd quarter. Claret Asset Management Corp now owns 1,059 shares of the financial services provider’s stock worth $236,000 after buying an additional 66 shares during the period. 99.01% of the stock is currently owned by institutional investors and hedge funds.

About MarketAxess

MarketAxess Holdings Inc, together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S.