Intercontinental Exchange Inc (ICE) concluded trading on Thursday at a closing price of $163.26, with 2.59 million shares of worth about $422.16 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 19.43% during that period and on October 03, 2024 the price saw a gain of about 1.45%. Currently the company’s common shares owned by public are about 573.00M shares, out of which, 569.46M shares are available for trading.
Stock saw a price change of 3.25% in past 5 days and over the past one month there was a price change of 0.51%. Year-to-date (YTD), ICE shares are showing a performance of 27.12% which increased to 51.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $104.49 but also hit the highest price of $163.71 during that period. The average intraday trading volume for Intercontinental Exchange Inc shares is 2.77 million. The stock is currently trading 1.67% above its 20-day simple moving average (SMA20), while that difference is up 3.75% for SMA50 and it goes to 16.57% higher than SMA200.
Intercontinental Exchange Inc (NYSE: ICE) currently have 573.00M outstanding shares and institutions hold larger chunk of about 91.74% of that.
The stock has a current market capitalization of $93.73B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 40.41, while it has posted earnings per share of $4.04 in the same period. Its PEG reads 4.24 while making debt-to-equity ratio of 0.83. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ICE, volatility over the week remained 1.40% while standing at 1.38% over the month.
Stock’s fiscal year EPS is expected to rise by 7.93% while it is estimated to increase by 11.47% in next year. EPS is likely to grow at an annualized rate of 9.54% for next 5-years, compared to annual growth of 4.09% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on September 27, 2024 offering an Outperform rating for the stock and assigned a target price of $200 to it. Coverage by TD Cowen stated Intercontinental Exchange Inc (ICE) stock as a Buy in their note to investors on September 26, 2024, suggesting a price target of $182 for the stock. On August 02, 2024, Deutsche Bank Downgrade their recommendations, while on July 01, 2024, Goldman Upgrade their ratings for the stock with a price target of $167. Stock get an Overweight rating from Barclays on January 08, 2024.
