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MarketAxess Holdings (NASDAQ:MKTX) Investors Are Sitting on a Loss of 42% If They Invested Three Years Ago

MarketAxess Holdings (NASDAQ:MKTX) Investors Are Sitting on a Loss of 42% If They Invested Three Years Ago

如果投資者在三年前投資了MarketAxess控股(納斯達克:MKTX),他們已經損失了42%。
Simply Wall St ·  12/22 22:26

For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term MarketAxess Holdings Inc. (NASDAQ:MKTX) shareholders have had that experience, with the share price dropping 44% in three years, versus a market return of about 23%. More recently, the share price has dropped a further 12% in a month.

對於許多投資者而言,選股的主要目的在於產生高於整體市場的回報。但是,選股的風險在於你很可能會購買表現不佳的公司。我們遺憾地報告,長揸MarketAxess Holdings Inc.(納斯達克:MKTX)的股東們經歷了這種情況,股價在三年內下降了44%,而同期市場回報約爲23%。最近,股價又在一個月內下降了12%。

Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.

現在讓我們來看一下公司的基本面,看看長期股東回報是否與業務的表現相匹配。

While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

儘管市場是一個強大的定價機制,股價反映了投資者情緒,而不僅僅是基礎業務表現。 通過比較每股收益(EPS)和股價的變化,我們可以感受到投資者對公司的態度是如何隨時間演變的。

During the three years that the share price fell, MarketAxess Holdings' earnings per share (EPS) dropped by 0.2% each year. The share price decline of 18% is actually steeper than the EPS slippage. So it seems the market was too confident about the business, in the past.

在股價下跌的三年裏,MarketAxess Holdings 的每股收益(EPS)每年下降了0.2%。股價下降18%實際上比每股收益的下降更爲陡峭。因此,看起來市場過去對這個業務過於自信。

You can see below how EPS has changed over time (discover the exact values by clicking on the image).

您可以在下面看到EPS如何隨時間變化(點擊圖片可以發現具體數值)。

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NasdaqGS:MKTX Earnings Per Share Growth December 22nd 2024
納斯達克GS:MKTX 每股收益增長 2024年12月22日

We know that MarketAxess Holdings has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained.

我們知道MarketAxess Holdings最近改善了其底線,但它會增加營業收入嗎?這份免費報告展示了分析師的營業收入預測,應該能幫助你判斷每股收益的增長是否可以持續。

A Different Perspective

不同的視角

While the broader market gained around 25% in the last year, MarketAxess Holdings shareholders lost 19% (even including dividends). However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 6% per year over five years. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that MarketAxess Holdings is showing 1 warning sign in our investment analysis , you should know about...

儘管大盤在過去一年上漲了約25%,但MarketAxess Holdings的股東卻損失了19%(即使包括分紅派息)。然而,請記住,即使是最好的股票有時也會在12個月期間表現不佳。遺憾的是,對於去年的表現而言,這標誌着一段糟糕的運行,股東在五年內面臨每年總損失6%的局面。我們意識到巴倫·羅斯柴爾德曾說過,投資者應該在「街頭流血時買入」,但我們提醒投資者首先要確保他們購買的是高質量的業務。儘管值得考慮市場狀況對股價的不同影響,但還有其他更重要的因素。即便如此,請注意,在我們的投資分析中,MarketAxess Holdings顯示出1個警告信號,你應該了解...

If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying.

如果你像我一樣,那麼你一定不想錯過這份內部人士正在購買的被低估的小型股免費名單。

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.

請注意,本文中引用的市場回報反映了當前在美國交易所上市股票的市場加權平均回報。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對本文有反饋?對內容有疑慮?請直接與我們聯繫。或者,發送電子郵件至 editorial-team (at) simplywallst.com。
這篇來自Simply Wall ST的文章是一般性的。我們根據歷史數據和分析師預測提供評論,採用無偏見的方法,我們的文章並不旨在提供財務建議。它不構成對任何股票的買入或賣出建議,也未考慮到您的目標或財務狀況。我們旨在爲您提供以基本數據驅動的長期分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall ST在提到的任何股票中均沒有持倉。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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