The stock of Intercontinental Exchange Inc (ICE) has seen a -2.49% decrease in the past week, with a -6.10% drop in the past month, and a -9.94% decrease in the past quarter. The volatility ratio for the week is 1.26%, and the volatility levels for the past 30 days are at 1.42% for ICE. The simple moving average for the past 20 days is -3.64% for ICE’s stock, with a -1.42% simple moving average for the past 200 days.
Is It Worth Investing in Intercontinental Exchange Inc (NYSE: ICE) Right Now?
Intercontinental Exchange Inc (NYSE: ICE) has a higher price-to-earnings ratio of 34.72x compared to its average ratio, The 36-month beta value for ICE is at 1.11. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 7 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for ICE is 568.21M, and currently, shorts hold a 1.13% of that float. The average trading volume for ICE on January 07, 2025 was 2.94M shares.
ICE) stock’s latest price update
The stock of Intercontinental Exchange Inc (NYSE: ICE) has decreased by -2.18 when compared to last closing price of 149.84.Despite this, the company has seen a loss of -2.49% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-04 that I have noticed that predicting outcomes, whether in sports or the stock market, is tough—even experts often miss the mark. Analysts regularly overestimate market performance. Despite the challenges, I care more about understanding the data and reasoning behind analysts’ predictions. I’m particularly interested in market broadening and sectors expected to outperform. For investment opportunities, I’m focused on companies with strong fundamentals and long-term potential.
Analysts’ Opinion of ICE
Many brokerage firms have already submitted their reports for ICE stocks, with Raymond James repeating the rating for ICE by listing it as a “Outperform.” The predicted price for ICE in the upcoming period, according to Raymond James is $185 based on the research report published on October 14, 2024 of the previous year 2024.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see ICE reach a price target of $200. The rating they have provided for ICE stocks is “Outperform” according to the report published on September 27th, 2024.
TD Cowen gave a rating of “Buy” to ICE, setting the target price at $182 in the report published on September 26th of the previous year.
ICE Trading at -6.10% from the 50-Day Moving Average
After a stumble in the market that brought ICE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.74% of loss for the given period.
Volatility was left at 1.42%, however, over the last 30 days, the volatility rate increased by 1.26%, as shares sank -6.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.16% lower at present.
During the last 5 trading sessions, ICE fell by -2.49%, which changed the moving average for the period of 200-days by +7.70% in comparison to the 20-day moving average, which settled at $152.12. In addition, Intercontinental Exchange Inc saw -1.63% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ICE starting from Williams Stuart Glen, who sale 750 shares at the price of $152.99 back on Dec 18 ’24. After this action, Williams Stuart Glen now owns 12,780 shares of Intercontinental Exchange Inc, valued at $114,742 using the latest closing price.
STUART GLEN WILLIAMS, the Officer of Intercontinental Exchange Inc, proposed sale 750 shares at $152.79 during a trade that took place back on Dec 18 ’24, which means that STUART GLEN WILLIAMS is holding shares at $114,592 based on the most recent closing price.
Stock Fundamentals for ICE
Current profitability levels for the company are sitting at:
- 0.38 for the present operating margin
- 0.63 for the gross margin
The net margin for Intercontinental Exchange Inc stands at 0.22. The total capital return value is set at 0.08. Equity return is now at value 9.22, with 1.78 for asset returns.
Based on Intercontinental Exchange Inc (ICE), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is 4.43.
Currently, EBITDA for the company is 4.9 billion with net debt to EBITDA at 3.34. When we switch over and look at the enterprise to sales, we see a ratio of 9.27. The receivables turnover for the company is 7.15for trailing twelve months and the total asset turnover is 0.08.
Conclusion
In conclusion, Intercontinental Exchange Inc (ICE) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
