As of Wednesday close, Tradeweb Markets Inc.’s (NASDAQ:TW) stock was up $2.04, moving up 2.52 percent to $83.05. The average number of shares traded per day over the past five days has been 749,400 shares. 3 times new highs have been achieved over the past 5 days, with a $1.68 gain in that time frame. In the last twenty days, the average volume was 877,010, while in the previous 50 days, it was 785,502.
Since last month, TW stock rose 16.91%. Shares of the company fell to $68.47 on 07/17/23, the lowest level in the past month. A 52-week high of $84.89 was reached on 08/07/23 after having rallying from a 52-week low of $51.47. Since the beginning of this year, TW’s stock price has risen by 27.91% or $18.12, and marked a new high 21 times. However, the stock has declined by -2.17% since its 52-week high.
TW stock investors should be aware that Tradeweb Markets Inc. (TW) stock had its last reported insider trading activity 42 days ago on Jul 06. Friedman Douglas, the General Counsel and Secretary of the company, disposed of 3,170 shares for $65.57 on Jul 06. It resulted in a $207,868 divestment by the insider. Yared Rana sold 567 shares at an average price of $71.28 on Jun 15. The insider now owns 1,627 shares following the transaction. On Jun 13, Director Yared Rana sold 851 shares at $69.97 apiece. The transaction was valued at $59,544.
Valuation Metrics
Right now, Tradeweb Markets Inc. (TW) has a P/E ratio of about 52.30. The stock’s beta is 0.96. Besides these, the trailing price-to-sales (P/S) ratio of 14.37, the price-to-book (PB) ratio of 3.39, and the price-to-cash flow ratio of 27.63 may also be considered.
The latest dividend of $0.09 per share was paid out, remained unchanged from last year’s $0.09.
Financial Health
In the year ended June 29, operating margins totaled 35.50%. Based on annual data, TW earned $776.21 million in gross profit and brought in $1.19 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.80%. Return on equity (ROE) for the past 12 months was 6.70%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TW’s revenue rose 4.34% to $329.25 million during the quarter, while net income inched up to $310.61 million. While analysts expected Tradeweb Markets Inc. to report $0.5 quarterly earnings, the actual figure was $0.52 per share, beating the consensus estimate by 4.00%. During the quarter, the company generated $162.22 million in EBITDA. The liabilities of Tradeweb Markets Inc. were 773.13 million at the end of its most recent quarter ended June 29, and its total debt was $24.47 million. The value of shareholders’ equity is $234.66 million.
Technical Picture
This quick technical analysis looks at Tradeweb Markets Inc.’s (TW) price momentum. With a historical volatility rate of 23.83%, the RSI 9-day stood at 67.93% on 16 August.
With respect to its five-day moving average, the current Tradeweb Markets Inc. price is up by +2.06% percent or $1.68. At present, TW shares trade +14.85% above its 20-day simple moving average and +12.23% percent above its 100-day simple moving average. However, the stock is currently trading approximately +20.01% above its SMA50 and +53.40% above its SMA200.
Stochastic coefficient K was 65.29% and Stochastic coefficient D was 68.83%, while ATR was 1.83. Given the Stochastic reading of 60.93% for the 14-day period, the RSI (14) reading has been calculated as 68.51%. As of today, the MACD Oscillator reading stands at -0.07, while the 14-day reading stands at 0.05.
Analyst Ratings
Barclays launched its rating on Tradeweb Markets Inc. (NASDAQ: TW) to an Overweight in a note to investors on June 28, 2023. Tradeweb Markets Inc. (TW) has been rated Overweight by analysts. According to 0 brokerage firms, TW is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Tradeweb Markets Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $90.00, the current consensus forecast for the stock is $73.00 – $100.00. Based on these forecasts, analysts predict Tradeweb Markets Inc. (TW) will achieve an average price target of $88.04.
