Related posts
Nervous markets await NvidiaThis summary was created by AI, based on 5 opinions in the last 12 months.
TMX Group (symbol: X-T) has received positive feedback from various experts, highlighting its strong business model and ability to generate recurring revenues. Analysts note that while the company has faced challenges, it continues to show resilience and growth, particularly in light of the upcoming market trends. The stock has maintained an upward trajectory, demonstrating stability, and is viewed favorably despite a relatively high P/E ratio of 23X. There is optimism about the company's potential to thrive with increased market activity, especially if deal activity picks up in the coming year. Experts recommend watching this stock, indicating that it is well-run and capable of benefiting from market conditions while drawing attention to its current fair valuation status.
We continue to like TMX group. They should continue to benefit in an uptrending market and from a valuation persepctive, given the stability and steady growth, we don't view the 23X P/E as particularly 'challenging'. If a bit more deal activity comes back in the New Year, TMX should see an extra tailwind as well. For entry price, we think something in the range of low to mid-40's here makes sense.
Unlock Premium - Try 5i Free
Great company, especially in the context of Canada. He has a few questions about its capital allocation as it's moving into the US, goals seem a little ambitious. Quality firm, generates a lot of cash. Don't chase; valuation is mean reverting.
Keep it on your watchlist. Pick away as the valuation comes down.
Recent all time high in share price. Owns shares and will continue to own. Capital light business that is able to generate strong profits. Well executed investor day recently. Has a diverse offering of trading platforms. Would recommend holding for the long term investor. A majority of revenues are recurring which is excellent for profits.
Global owner and operator of stock exchanges. Increasingly into adjacent areas like data analytics. Pretty consistent grower, compounded 8% pace of earnings and dividend growth over the last decade. 19x earnings, a discount to peers. Discount should narrow as they expand. Yield is 2.41%.
(Analysts’ price target is $154.86)TMX Group is a Canadian stock, trading under the symbol X-T on the Toronto Stock Exchange (X-CT). It is usually referred to as TSX:X or X-T
In the last year, 3 stock analysts published opinions about X-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TMX Group.
TMX Group was recommended as a Top Pick by on . Read the latest stock experts ratings for TMX Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered TMX Group In the last year. It is a trending stock that is worth watching.
On 2025-04-01, TMX Group (X-T) stock closed at a price of $52.45.
One of his largest positions. Very well run. Likes that it got into owning and selling proprietary data for ETFs and the energy industry. Phenomenal business model. Double-digit grower. Valuation quite reasonable. No plans to sell.