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Intercontinental Exchange Inc (NYSE: ICE) closed the day trading at $149.41 up 0.33% from the previous closing price of $148.92. In other words, the price has increased by $0.33 from its previous closing price. On the day, 2.76 million shares were traded. ICE stock price reached its highest trading level at $149.52 during the session, while it also had its lowest trading level at $148.18.
Ratios:
For a better understanding of ICE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 41.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.35. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on July 01, 2024, Upgraded its rating to Buy and sets its target price to $167 from $143 previously.
On January 08, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $120 to $148.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 09 ’24 when Sprecher Jeffrey C sold 110,000 shares for $141.68 per share. The transaction valued at 15,584,357 led to the insider holds 2,551,705 shares of the business.
Sprecher Jeffrey C sold 58,389 shares of ICE for $8,272,280 on Jul 09 ’24. The Chief Executive Officer now owns 1,179,993 shares after completing the transaction at $141.68 per share. On Jul 08 ’24, another insider, Kapani Mayur, who serves as the Chief Technology Officer of the company, sold 395 shares for $141.13 each. As a result, the insider received 55,746 and left with 64,471 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICE now has a Market Capitalization of 85699338240 and an Enterprise Value of 107195269120. As of this moment, Intercontinental’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.23, and their Forward P/E ratio for the next fiscal year is 22.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.58 while its Price-to-Book (P/B) ratio in mrq is 3.26. Its current Enterprise Value per Revenue stands at 12.789 whereas that against EBITDA is 20.912.
Stock Price History:
Over the past 52 weeks, ICE has reached a high of $149.44, while it has fallen to a 52-week low of $104.49. The 50-Day Moving Average of the stock is 8.93%, while the 200-Day Moving Average is calculated to be 17.14%.
Shares Statistics:
Over the past 3-months, ICE traded about 2.37M shares per day on average, while over the past 10 days, ICE traded about 2915979 shares per day. A total of 573.00M shares are outstanding, with a floating share count of 568.90M. Insiders hold about 0.82% of the company’s shares, while institutions hold 91.57% stake in the company. Shares short for ICE as of 1719532800 were 5120142 with a Short Ratio of 2.16, compared to 1717113600 on 4304941. Therefore, it implies a Short% of Shares Outstanding of 5120142 and a Short% of Float of 0.8999999999999999.
Dividends & Splits
ICE’s forward annual dividend rate is 1.74, up from 1.71 a year ago. Against a Trailing Annual Dividend Yield of 0.011482676The stock’s 5-year Average Dividend Yield is 1.24.
