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Investor Insights

This summary was created by AI, based on 10 opinions in the last 12 months.

TMX Group, with symbol X-T, is a well-run company with a strong business and good long-term investment potential. Despite challenges such as fewer IPOs and a sideways trading range, experts are positive about its future growth prospects, especially in data offerings through AI. The company is seen as a broad play on the stock market and has a monopoly on the markets, making it a consistent grower with potential for better results. Additionally, it has a positive chart and strong management team, indicating further growth ahead.

Consensus
Positive
Valuation
Fair Value
BUY
TMX Group
Buy or hold?

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.

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DON'T BUY
TMX Group

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.

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Unspecified
TMX Group

It has done well, is well run, and is a good investment for the long term. A broad play on the stock market.

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HOLD
TMX Group

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.

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PARTIAL SELL
TMX Group

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.

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BUY
TMX Group

Very good numbers and a strong business.
Expecting further growth going forward.
Solid management team. 

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PAST TOP PICK
TMX Group
(A Top Pick May 10/23, Up 4%)

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.

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HOLD
TMX Group

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.

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TOP PICK
TMX Group

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)
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TOP PICK
TMX Group

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%.

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HOLD
TMX Group
Allan Tong’s Discover Picks

One of the most defensive plays on the TSX is the TSX itself. Trading under X on its own exchange, the TMX Group just reported another beat, its third in the past year, with revenues jumping 80% over full-year 2021 and net income leaping 60% also over FY 2021. Robust Canadian stock performance (outperforming the Wall Street majors in 2022) and ongoing volatility are good for TMX’s business. Selling data provides another recurring revenue stream. TMX currently pays 2.58% but that dividend has been climbing since 2016. Also, its beta is a measly 0.56 and it trades at 14.16x. Safe. Read: Risk tolerance and safety for our full analysis. 

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TOP PICK
TMX Group

This is a very defensive and high quality investment. Half of the business is selling data so it has recurring revenues. It also has listing fees and with a rebound in the stock market these could increase. Good value compared to competitors and earnings growth should be in the double digits for the next few years. Also a great dividend payer and has raised dividends every year since 2016.   Buy 2  Hold 5  Sell 0

(Analysts’ price target is $153.57)
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BUY
TMX Group
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Market volatility helped trading volume. Integration of recent acquisitions continue. Balance sheet improved. Actvely pursuing M&A opportunities.
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COMMENT
TMX Group
Canadian stocks are undervalued compared to global stocks. Energy is especially undervalued. The U.S. dollar has been strong but it might start to settle down. Building mines is harder to do in Canada and the U.S. due to government regulation and politics. It is easier in Australia. Mines and Energy are both an important part of the TSX.
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COMMENT
TMX Group
The TSX company. It is not at a high multiple but has been in a trading range with not many new issues. Yield is 2.6%.
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Showing 1 to 15 of 335 entries

TMX Group(X-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 8

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, 8 stock analysts published opinions about X-T. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

8 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 2024-02-26, TMX Group (X-T) stock closed at a price of $34.21.