Intercontinental Exchange Inc (NYSE: ICE) has seen a decline in its stock price by -0.67 in relation to its previous close of 160.39. However, the company has experienced a 0.30% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-02-03 that ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, announced today that Warren Gardiner, CFO, will present at the Bank of America Securities 2025 Financial Services. The presentation will take place on Tuesday, February 11 at 1:00 p.m. ET. The presentation will be available live and in replay via webcast and can be accessed in the investor relations and media section of ICE’s website at http://ir.theice.com. About I.
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 37.74x 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 569.95M, and currently, shorts hold a 1.12% of that float. The average trading volume for ICE on February 05, 2025 was 3.03M shares.
ICE’s Market Performance
ICE’s stock has seen a 0.30% increase for the week, with a 6.68% rise in the past month and a 2.21% gain in the past quarter. The volatility ratio for the week is 1.68%, and the volatility levels for the past 30 days are at 1.69% for Intercontinental Exchange Inc The simple moving average for the last 20 days is 4.27% for ICE stock, with a simple moving average of 5.94% 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 3.53% 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 -5.16% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares surge +6.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.88% upper at present.
During the last 5 trading sessions, ICE rose by +0.30%, which changed the moving average for the period of 200-days by +21.86% in comparison to the 20-day moving average, which settled at $152.80. In addition, Intercontinental Exchange Inc saw 6.92% 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 9.92. 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 better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
