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Weekly 52-Week Low (or 52-Week High): BAM-T, IAG-T, ONC-T, CCB-X and More 52-Week Highs and Lows (Feb 05-11)Most Anticipated Earnings: IFC-T, MTLO-X and more Canadian Companies Reporting Earnings this Week (Feb 10-14)Markets fade to end the week downThis summary was created by AI, based on 5 opinions in the last 12 months.
Experts maintain a favorable outlook on TMX Group, citing its strong performance and robust business model, especially in the context of the Canadian market. Despite experiencing a correction, the stock remains within an upward trend, highlighted by its resilience in not dropping below the breakout point of $38.50. Analysts have expressed some concerns regarding capital allocation as the company expands into the US, but the general consensus is that TMX is a quality firm that generates significant cash flow. The company's model is capital light, allowing it to maintain strong profit margins, and its recent investor day was well-executed, indicating solid management. A majority of the revenues are recurring, making it a promising long-term investment with growing dividends and a favorable P/E ratio.
Rising with the market. Pop in July. We've had a correction, but it's important that it hasn't corrected back to where it broke out at $38.50. At this point, it's just a correction within an uptrend. On RSI, nicely in the upper half, doing pretty well.
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.
Very strong business with excellent business model. Stock performance has been very strong. Data and analytics business also expected to rise. Steady dividend growth with 2% yield. Trading at 20x earnings.
Stock exchange plus sells data. Good businesses. Fewer IPOs contributed to a slump, but next year will be better. Will grow its data offerings through AI. Good investment over the long term. Not a bad place to buy here.
Business depends on new listings, and right now there are fewer IPOs. It's grouped as a financial, but he sees it as a tech platform, and that's where the difficulty is in assessing it. Not looking to buy.
It has done well, is well run, and is a good investment for the long term. A broad play on the stock market.
A monopoly on the markets, no one has successfully challenged its hold. Clips a coupon when shares get traded, so it benefits from volatility. Huge amount of data that they sell. Range-bound, but you should see better results.
It's had nice up move this year so far. Hold, if you own, or take some profits if you've held this for a while. Pruning your portfolio is smart.
Very good numbers and a strong business.
Expecting further growth going forward.
Solid management team.
Had a really big breakout from multi-year base. This is typically really positive, as it's telling us that something is changing for the positive. Still likes it. Really positive chart.
One of many publicly traded exchanges globally.
Unsure how much company will be able to grow.
20x earnings a good share price to invest at.
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)Sideways trading range for 2 years. "The longer the base, the more time in space." Breaking out to new highs, looking really positive. Yield is 2.44%.
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, 4 stock analysts published opinions about X-T. 3 analysts recommended to BUY the stock. 0 analysts 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.
4 stock analysts on Stockchase covered TMX Group In the last year. It is a trending stock that is worth watching.
On 2025-02-12, TMX Group (X-T) stock closed at a price of $49.95.
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.
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