Stock Insight_Markit Ltd. (MRKT)

Company Profile:

Markit Ltd. provides financial information services worldwide. It operates through three divisions: Information, Processing, and Solutions. The Information division provides pricing and reference data, indices, and valuation and trading services across multiple asset classes and geographies through direct and third-party distribution channels. Its products and services are used for independent valuations, research, trading, and liquidity and risk assessments. The Processing division offers trade processing solutions for over-the-counter derivatives, foreign exchange, and syndicated loans. The Solutions division provides configurable enterprise software platforms, managed services, and hosted custom Web solutions. Markit Ltd. was founded in 2003 and is headquartered in London, the United Kingdom.

Recent News:

Markit Ltd. will release its second quarter 2015 financial results on Wednesday August 12th 2015 at approximately 7am EDT. Markit’s management will host a live audio webcast and conference call at 8.30am EDT to review and discuss the company’s results.

On July 1, 2015, Markit announced the completion of its acquisition of Information Mosaic, a leading software provider for corporate actions and post trade securities processing.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

MRKT’s strengths can be seen in its Strong growth and robust Profitability and great solvency. Its revenue has increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI is increasing to 57.06. The current P/E ratio indicates it is undervalued compared to the average P/E ratio of the industry. We rate Markit Ltd. (MRKT) a BUY.

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