A new trading day began on January 24, 2023, with Tradeweb Markets Inc. (NASDAQ: TW) stock priced at $72.48, down -1.23% from the previous day of trading. During the day, the shares moved up to $72.55 and dropped to $70.91 before settling in for the closing price of $72.49. TW’s price has ranged from $51.47 to $92.29 over the past 52 weeks.
Annual sales at Financial sector company grew by 16.90% over the past five years. Meanwhile, its annual earnings per share averaged 23.90%. With a float of $110.93 million, this company’s outstanding shares have now reached $205.72 million.
Let’s look at the performance matrix of the company that is accounted for 1046 employees. In terms of profitability, gross margin is +84.09, operating margin of +32.97, and the pretax margin is +34.37.
Tradeweb Markets Inc. (TW) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Tradeweb Markets Inc. is 0.20%, while institutional ownership is 97.80%. The most recent insider transaction that took place on Jan 17, was worth 2,273,270. In this transaction Chief Admin. and Risk Officer of this company sold 31,555 shares at a rate of $72.04, taking the stock ownership to the 24,302 shares. Before that another transaction happened on Jan 13, when Company’s Chief Admin. and Risk Officer sold 1,659 for $72.01, making the entire transaction worth $119,468. This insider now owns 24,302 shares in total.
Tradeweb Markets Inc. (TW) Performance Highlights and Predictions
In its latest quarterly report, released on 9/29/2022, the company reported earnings of $0.45 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +21.07 while generating a return on equity of 5.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.58% during the next five years compared to 21.20% growth over the previous five years of trading.
Tradeweb Markets Inc. (NASDAQ: TW) Trading Performance Indicators
Here are Tradeweb Markets Inc.’s current performance indicators. According to the last quarter’s results, the stock had a price to sales ratio for the trailing twelve months stands at 14.09. Likewise, its price to free cash flow for the trailing twelve months is 43.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.29, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 2.14 in one year’s time.
Technical Analysis of Tradeweb Markets Inc. (TW)
Tradeweb Markets Inc. (NASDAQ: TW) saw its 5-day average volume 0.69 million, a negative change from its year-to-date volume of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 80.42%. Additionally, its Average True Range was 1.89.
During the past 100 days, Tradeweb Markets Inc.’s (TW) raw stochastic average was set at 92.55%, which indicates a significant increase from 84.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.69% in the past 14 days, which was higher than the 28.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.08, while its 200-day Moving Average is $66.25. Nevertheless, the first resistance level for the watch stands at $72.46 in the near term. At $73.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $74.10. If the price goes on to break the first support level at $70.82, it is likely to go to the next support level at $70.05. Assuming the price breaks the second support level, the third support level stands at $69.18.
Tradeweb Markets Inc. (NASDAQ: TW) Key Stats
With a market capitalization of 16.52 billion, the company has a total of 234,359K Shares Outstanding. Currently, annual sales are 1,076 M while annual income is 226,830 K. The company’s previous quarter sales were 287,120 K while its latest quarter income was 69,080 K.