The stock price of Intercontinental Exchange Inc (NYSE: ICE) has jumped by 1.75 compared to previous close of 149.11. Despite this, the company has seen a gain of 5.44% in its stock price over the last five trading days. businesswire.com reported 2025-01-21 that NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the launch of the NYSE® IPO Index (NYSEIPO), a new equal-weighted index to track the performance of companies listed on the NYSE Group’s exchanges that have been spun off, directly listed, uplisted from OTC or ex-U.S. markets or completed initial public offerings (IPOs) during the last three years. “This new index facilitates investment in the performance of.
Is It Worth Investing in Intercontinental Exchange Inc (NYSE: ICE) Right Now?
Intercontinental Exchange Inc (NYSE: ICE) has a price-to-earnings ratio that is above its average at 35.94x. The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 7 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for ICE is 569.97M, and at present, short sellers hold a 1.17% of that float. On January 22, 2025, the average trading volume of ICE was 3.15M shares.
ICE’s Market Performance
ICE stock saw a decrease of 5.44% in the past week, with a monthly decline of -0.70% and a quarterly a decrease of -7.94%. The volatility ratio for the week is 1.42%, and the volatility levels for the last 30 days are 1.52% for Intercontinental Exchange Inc (ICE). The simple moving average for the last 20 days is 2.20% for ICE’s stock, with a simple moving average of 1.73% for the last 200 days.
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 -1.15% 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 -9.69% of loss for the given period.
Volatility was left at 1.52%, however, over the last 30 days, the volatility rate increased by 1.42%, as shares surge +1.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.88% lower at present.
During the last 5 trading sessions, ICE rose by +5.44%, which changed the moving average for the period of 200-days by +10.43% in comparison to the 20-day moving average, which settled at $148.45. In addition, Intercontinental Exchange Inc saw 1.82% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ICE starting from Edmonds Christopher Scott, who sale 601 shares at the price of $147.73 back on Jan 15 ’25. After this action, Edmonds Christopher Scott now owns 12,922 shares of Intercontinental Exchange Inc, valued at $88,786 using the latest closing price.
Kapani Mayur, the Chief Technology Officer of Intercontinental Exchange Inc, sale 5,661 shares at $147.59 during a trade that took place back on Jan 15 ’25, which means that Kapani Mayur is holding 66,548 shares at $835,503 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 0.79. 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 9.53. The receivables turnover for the company is 7.15for trailing twelve months and the total asset turnover is 0.08.
Conclusion
To sum up, Intercontinental Exchange Inc (ICE) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
