Intercontinental Exchange Inc (NYSE: ICE) is 3.86% higher on its value in year-to-date trading and has touched a low of $103.81 and a high of $140.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ICE stock was last observed hovering at around $133.72 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $133.39, the stock is 1.68% and -1.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing -0.25% at the moment leaves the stock 9.17% off its SMA200. ICE registered 24.41% gain for a year compared to 6-month gain of 23.75%.
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The stock witnessed a -1.24% loss in the last 1 month and extending the period to 3 months gives it a 4.15%, and is 3.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.33% over the week and 1.68% over the month.
Intercontinental Exchange Inc (ICE) has around 13222 employees, a market worth around $76.51B and $9.99B in sales. Current P/E ratio is 30.56 and Fwd P/E is 20.20. Profit margin for the company is 24.83%. Distance from 52-week low is 28.49% and -5.01% from its 52-week high. The company has generated returns on investments over the last 12 months (5.32%).
Intercontinental Exchange Inc quarterly earnings per share for the current quarter are estimated at $1.46 with sales reaching $2.29B over the same period.The EPS is expected to grow by 5.68% this year, but quarterly earnings will post 15.20% year-over-year.
The shares outstanding are 573.00M, and float is at 568.70M with Short Float at 0.85%.
Intercontinental Exchange Inc (ICE) Insider Activity
The most recent transaction is an insider sale by Surdykowski Andrew J, the company’s General Counsel. SEC filings show that Surdykowski Andrew J sold 341 shares of the company’s common stock on Apr 26 ’24 at a price of $131.74 per share for a total of $44923.0. Following the sale, the insider now owns 48713.0 shares.
Intercontinental Exchange Inc disclosed in a document filed with the SEC on Apr 25 ’24 that Intercontinental Exchange, Inc (10% Owner) bought a total of 350,880 shares of the company’s common stock. The trade occurred on Apr 25 ’24 and was made at $0.87 per share for $0.3 million. Following the transaction, the insider now directly holds 0.65 million shares of the ICE stock.
Still, SEC filings show that on Apr 03 ’24, Sprecher Jeffrey C (Chief Executive Officer) disposed off 110,000 shares at an average price of $137.21 for $15.09 million. The insider now directly holds 2,661,705 shares of Intercontinental Exchange Inc (ICE).
