Currently, there are 574.00M common shares owned by the public and among those 570.44M shares have been available to trade.
The company’s stock has a 5-day price change of -2.36% and 14.08% over the past three months. ICE shares are trading 15.09% year to date (YTD), with the 12-month market performance up to 24.78% higher. It has a 12-month low price of $124.34 and touched a high of $177.45 over the same period. ICE has an average intraday trading volume of 3.17 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.56%, 2.28%, and 8.84% respectively.
Institutional ownership of Intercontinental Exchange Inc (NYSE: ICE) shares accounts for 92.61% of the company’s 574.00M shares outstanding.
It has a market capitalization of $98.53B and a beta (3y monthly) value of 1.10. The stock’s trailing 12-month PE ratio is 35.87, while the earnings-per-share (ttm) stands at $4.78. The company has a PEG of 3.12 and the debt-to-equity ratio at 0.75. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.28% over the week and 1.53% over the month.
Earnings per share for the fiscal year are expected to increase by 10.89%, and 12.22% over the next financial year. EPS should grow at an annualized rate of 11.51% over the next five years, compared to 6.92% over the past 5-year period.
Looking at the support for the ICE, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on October 14, 2024, with the firm’s price target at $185. RBC Capital Mkts coverage for the Intercontinental Exchange Inc (ICE) stock in a research note released on September 27, 2024 offered a Outperform rating with a price target of $200. TD Cowen was of a view on September 26, 2024 that the stock is Buy, while Deutsche Bank gave the stock Hold rating on August 02, 2024, issuing a price target of $155- $152. Goldman on their part issued Buy rating on July 01, 2024.
