Buy, Sell or Hold: TMX Group (X-T) — Stock Predictions at Stockchase

TSE:X

131.00

0.09 (0.07%) 1d

Showing 1 to 15 of 318 entries

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Growth is expected to slow down to 5-7% in the next three years. Margins could see some pressure from higher operating costs and higher amortisation. It benefits regardless of sentiment change or interest rates hikes. Still attractive overall at 17x earnings. Unlock Premium - Try 5i Free

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DON'T BUY

Depends on new listings and revenues through data feeds. Entirely reliant on its technology. Valuation is 18x earnings, but outlook for growth is flat over next couple of years. Competitive pressures from the US. He's wary. Stay away.

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PAST TOP PICK

(A Top Pick Apr 01/21, Up 0.4%) Terrific 2021. Underlevered, stable. Can buy back stock or make acquisitions. Good long-term winner. Good alternative to the banks. True, when markets drop, their fees drop. Strong commodities, utilities, and oil in Canada could help deliver surprises.

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BUY

The exchanges have done very well in recent years. Good free cash flow. Indexing (ETFs) are a tailwind. New stock exchange highs signal good business. These stocks do very well over time.

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WATCH

It'll remain sideways near-term, but in the past 10 years it's performed huge. It enjoys nearly a monopoly in Canada and have done well diversifying like selling data to the financial industry and into derivatives. The outlook is good. Probably is the stock isn't cheap. Watch for a pullback.

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TOP PICK

Defensive, financial business. Will benefit from rising stock prices. Exchange listing, but also a data analytics business. Way undervalued for the quality. Wants to see management unlock its value. $175+ stock going forward. Clean balance sheet. Tailwinds as markets stay strong. Yield is 2.14%. (Analysts’ price target is $146.00)

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BUY on WEAKNESS

They enjoyed an outstanding finish to end 2020. Trading volumes were very high, though derivatives were busier in the States. TMX is expensive now, trading at 21x expected earnings this year, which is a little rich. If it were 16x PE or 15% less expensive, he'd be interested. Has some good growth prospects.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has a more or less monopoly position within the industry in Canada. Offers a good combination of capital appreciation and dividend growth. Unlock Premium - Try 5i Free

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is large and has a quasi-monopolistic industry position. It has shown some dividend growth and yields 2.08%. Unlock Premium - Try 5i Free

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BUY

A company that has done well over 2020. It is not a cyclical business since all businesses listed on the TSX has to pay fees. TMX database access fees and software fees are still getting paid. They raised their dividends this year. The new CEO is looking for more international listings and to leverage more. A great company.

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BUY

Billy Kawasaki’s Insights - Picks from 5i Research. The company recently acquired a transfer agent and corporate trust company which was a natural fit for an exchange. Services can be cross-sold across their client base and there is added revenues of $46.5M. Unlock Premium - Try 5i Free

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PAST TOP PICK

(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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PAST TOP PICK

(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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BUY

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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TOP PICK

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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Showing 1 to 15 of 318 entries

TMX Group(X-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 4

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, 4 stock analysts published opinions about X-T. 3 analysts 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.

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?

4 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 2022-06-30, TMX Group (X-T) stock closed at a price of $131.

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