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The closing price of Intercontinental Exchange Inc (NYSE: ICE) was $137.47 for the day, up 0.06% from the previous closing price of $137.39. In other words, the price has increased by $0.06 from its previous closing price. On the day, 2.11 million shares were traded. ICE stock price reached its highest trading level at $137.6231 during the session, while it also had its lowest trading level at $136.6.
Ratios:
Our analysis of ICE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.48. 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, Barclays on January 08, 2024, Upgraded its rating to Overweight and sets its target price to $148 from $120 previously.
Citigroup Upgraded its Neutral to Buy on August 04, 2023, whereas the target price for the stock was revised from $117 to $130.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 17 ’24 when Foley Douglas sold 1,600 shares for $134.98 per share. The transaction valued at 215,968 led to the insider holds 23,112 shares of the business.
Gardiner Warren sold 750 shares of ICE for $100,125 on Jun 10 ’24. The Chief Financial Officer now owns 17,326 shares after completing the transaction at $133.50 per share. On Jun 05 ’24, another insider, Hague William Jefferson, who serves as the Director of the company, sold 680 shares for $134.50 each. As a result, the insider received 91,460 and left with 19,219 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 78850736128 and an Enterprise Value of 100346675200. As of this moment, Intercontinental’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.49, and their Forward P/E ratio for the next fiscal year is 20.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.89 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 11.972 whereas that against EBITDA is 19.576.
Stock Price History:
The Beta on a monthly basis for ICE is 1.07, which has changed by 0.21568799 over the last 52 weeks, in comparison to a change of 0.23200047 over the same period for the S&P500. Over the past 52 weeks, ICE has reached a high of $140.43, while it has fallen to a 52-week low of $104.49. The 50-Day Moving Average of the stock is 2.57%, while the 200-Day Moving Average is calculated to be 9.41%.
Shares Statistics:
ICE traded an average of 2.25M shares per day over the past three months and 2500450 shares per day over the past ten days. A total of 573.00M shares are outstanding, with a floating share count of 568.78M. Insiders hold about 0.84% of the company’s shares, while institutions hold 91.45% stake in the company. Shares short for ICE as of 1718323200 were 4678261 with a Short Ratio of 2.08, compared to 1715731200 on 4309563. Therefore, it implies a Short% of Shares Outstanding of 4678261 and a Short% of Float of 0.8200000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 1.71, ICE has a forward annual dividend rate of 1.74. Against a Trailing Annual Dividend Yield of 0.012446321The stock’s 5-year Average Dividend Yield is 1.24. The current Payout Ratio is 40.08% for ICE, which recently paid a dividend on 2024-06-13 with an ex-dividend date of 1726185600. Stock splits for the company last occurred on 2016-11-04 when the company split stock in a 5:1 ratio.
