TMX Group

X-T

TSE:X

135.29
0.28 (0.21%)
TMX Group Limited operates equities, fixed income, derivatives, and energy markets exchanges. The company provides services encompassing listings, trading, clearing, settling and depository facilities, ...
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Analysis and Opinions about X-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
July 31, 2020
(A Top Pick Jun 24/19, Up 54%) It is one of the best performing financial companies on the TSX. A one-stop-shop for listing, derivatives, options trading and data analytics. They made a smart acquisition of a data company in Europe. It is under leveraged and he thinks the company should be more aggressive with buybacks.
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TMX Group (X-T)
July 31, 2020
(A Top Pick Jun 24/19, Up 54%) It is one of the best performing financial companies on the TSX. A one-stop-shop for listing, derivatives, options trading and data analytics. They made a smart acquisition of a data company in Europe. It is under leveraged and he thinks the company should be more aggressive with buybacks.
PAST TOP PICK
PAST TOP PICK
June 15, 2020
(A Top Pick Jun 24/19, Up 42%) It has built on its platform. It has benefited from this volatility. If the market recovers, companies will be taking the opportunity for secondary offerings. They can make acquisitions going forward. It is an attractive opportunity.
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TMX Group (X-T)
June 15, 2020
(A Top Pick Jun 24/19, Up 42%) It has built on its platform. It has benefited from this volatility. If the market recovers, companies will be taking the opportunity for secondary offerings. They can make acquisitions going forward. It is an attractive opportunity.
BUY
BUY
February 14, 2020
They have a temporary CEO. The company is in the middle of transforming its business to add data and information technology. The stock has done well and it was one of the best performers in 2019. The balance sheet is good. He expects better things in 2020.
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TMX Group (X-T)
February 14, 2020
They have a temporary CEO. The company is in the middle of transforming its business to add data and information technology. The stock has done well and it was one of the best performers in 2019. The balance sheet is good. He expects better things in 2020.
TOP PICK
TOP PICK
January 14, 2020
A controversial pick, because the CEO just got ousted, but he did a good job diversify and growing TMX into a global company focused on analytics. Record TSX levels should lead to more listings. Also, a new CEO may be another tailwind. (Analysts’ price target is $126.00)
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TMX Group (X-T)
January 14, 2020
A controversial pick, because the CEO just got ousted, but he did a good job diversify and growing TMX into a global company focused on analytics. Record TSX levels should lead to more listings. Also, a new CEO may be another tailwind. (Analysts’ price target is $126.00)
WATCH
WATCH
December 12, 2019
He has been looking at it lately. They have been getting more recurring revenues. He is watching it after they had a negative news release recently. If it ever went down again he would look at buying it.
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TMX Group (X-T)
December 12, 2019
He has been looking at it lately. They have been getting more recurring revenues. He is watching it after they had a negative news release recently. If it ever went down again he would look at buying it.
BUY WEAKNESS
BUY WEAKNESS
December 3, 2019
It's hard to see what will happen with the Eccelstone controvery, and it may not make much difference with the TMX itself. He's been a very good manager. This pullback is way to step in. Pays a 2.5% dividend.
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TMX Group (X-T)
December 3, 2019
It's hard to see what will happen with the Eccelstone controvery, and it may not make much difference with the TMX itself. He's been a very good manager. This pullback is way to step in. Pays a 2.5% dividend.
COMMENT
COMMENT
November 26, 2019
A great business. They have expanded their business outside of Canada. They’ve had a good run this year. Slow down in tradings could have impact on their business. It is fully valued here.
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TMX Group (X-T)
November 26, 2019
A great business. They have expanded their business outside of Canada. They’ve had a good run this year. Slow down in tradings could have impact on their business. It is fully valued here.
TOP PICK
TOP PICK
November 7, 2019

It is more of a defensive position with a bit more yield on it. It is like a monopoly. Their company, Trayport, which does energy trading and has some growth. There has been some consolidation in their space and they are trading at a material discount to their peers. They report earnings tonight. (Analysts’ price target is $126.86)

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TMX Group (X-T)
November 7, 2019

It is more of a defensive position with a bit more yield on it. It is like a monopoly. Their company, Trayport, which does energy trading and has some growth. There has been some consolidation in their space and they are trading at a material discount to their peers. They report earnings tonight. (Analysts’ price target is $126.86)

PAST TOP PICK
PAST TOP PICK
September 5, 2019
(A Top Pick Oct 31/18, Up 45%) Management has cut costs like crazy. Diversified. Good acquisitions. Last quarter was phenomenal. Trading at a discount to global exchange peers. Still buying here.
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TMX Group (X-T)
September 5, 2019
(A Top Pick Oct 31/18, Up 45%) Management has cut costs like crazy. Diversified. Good acquisitions. Last quarter was phenomenal. Trading at a discount to global exchange peers. Still buying here.
TOP PICK
TOP PICK
June 24, 2019
A few years ago, the new CEO transformed this from a listings business to a data analystics business and gaining more revenues outside Canada. Now, 50% of their business is data analystics, selling information to companies like BNN. TMX benefits now from cannabis and cryptos. It's trading at a big discount to other exchanges, so there's a lot of upside. (Analysts’ price target is $102.67)
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TMX Group (X-T)
June 24, 2019
A few years ago, the new CEO transformed this from a listings business to a data analystics business and gaining more revenues outside Canada. Now, 50% of their business is data analystics, selling information to companies like BNN. TMX benefits now from cannabis and cryptos. It's trading at a big discount to other exchanges, so there's a lot of upside. (Analysts’ price target is $102.67)
DON'T BUY
DON'T BUY
April 23, 2019
Why is it down 4% today? An analyst downgrade, so this could be an opportunity. TMX has had a huge run; it's not cheap. But TMX remains the leading exchange globally in cannabis and oil.
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TMX Group (X-T)
April 23, 2019
Why is it down 4% today? An analyst downgrade, so this could be an opportunity. TMX has had a huge run; it's not cheap. But TMX remains the leading exchange globally in cannabis and oil.
BUY
BUY
March 26, 2019
A great stock that he's still buying. The TSX was valued a lot less than other exchanges, but they have done more businesses. It's still a good entry point. Buy and hold it for a few years.
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TMX Group (X-T)
March 26, 2019
A great stock that he's still buying. The TSX was valued a lot less than other exchanges, but they have done more businesses. It's still a good entry point. Buy and hold it for a few years.
PAST TOP PICK
PAST TOP PICK
January 22, 2019
(A Top Pick Jan 04/18, Up 9%) They've done a good job with the TMX through market reforms and improving operations. There's room to grow.
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TMX Group (X-T)
January 22, 2019
(A Top Pick Jan 04/18, Up 9%) They've done a good job with the TMX through market reforms and improving operations. There's room to grow.
WATCH
WATCH
November 1, 2018
We are likely to touch the support level over the next couple of weeks. It is one of the best stocks in the financials.
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TMX Group (X-T)
November 1, 2018
We are likely to touch the support level over the next couple of weeks. It is one of the best stocks in the financials.
TOP PICK
TOP PICK
October 31, 2018

They're doing amazing by transforming their business by doing data analytics, which is more recurring revenues. Also, 30% of revenues are outside Canada. They're trading at a deep discount to other stock exchange providers. 2.8% dividend. Great management. This stock is undervalued. (Analysts’ price target is $96.20)

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TMX Group (X-T)
October 31, 2018

They're doing amazing by transforming their business by doing data analytics, which is more recurring revenues. Also, 30% of revenues are outside Canada. They're trading at a deep discount to other stock exchange providers. 2.8% dividend. Great management. This stock is undervalued. (Analysts’ price target is $96.20)

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TMX Group(X-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 5

Stockchase rating for TMX Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

TMX Group(X-T) Frequently Asked Questions

What is TMX Group stock symbol?

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

Is TMX Group a buy or a sell?

In the last year, 5 stock analysts published opinions about X-T. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for TMX Group.

Is TMX Group a good investment or a top pick?

TMX Group was recommended as a Top Pick by Barry Schwartz on 2020-07-31. Read the latest stock experts ratings for TMX Group.

Why is TMX Group stock dropping?

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.

Is TMX Group worth watching?

5 stock analysts on Stockchase covered TMX Group In the last year. It is a trending stock that is worth watching.

What is TMX Group stock price?

On 2020-09-24, TMX Group (X-T) stock closed at a price of $135.29.