Intercontinental Exchange Inc [ICE] stock is trading at $148.78, down -0.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ICE shares have lost -1.57% over the last week, with a monthly amount glided 5.68%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Intercontinental Exchange Inc [NYSE: ICE] stock has seen the most recent analyst activity on August 02, 2024, when Deutsche Bank downgraded its rating to a Hold and also revised its price target to $152 from $155. Previously, Goldman upgraded its rating to Buy on July 01, 2024, and elevated its price target to $167. On January 08, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $148 on the stock. Citigroup upgraded its rating to a Buy and raised its price target to $130 on August 04, 2023. Barclays started tracking with a Equal Weight rating for this stock on June 28, 2023, and assigned it a price target of $123. In a note dated November 17, 2022, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $116 to $132.
Intercontinental Exchange Inc [ICE] stock has fluctuated between $104.49 and $153.28 over the past year. Currently, Wall Street analysts expect the stock to reach $139.53 within the next 12 months. Intercontinental Exchange Inc [NYSE: ICE] shares were valued at $148.78 at the most recent close of the market. An investor can expect a potential drop of -6.22% based on the average ICE price forecast.
Analyzing the ICE fundamentals
Intercontinental Exchange Inc [NYSE:ICE] reported sales of 10.46B for the trailing twelve months, which represents a growth of 20.88%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 146.17 points at the first support level, and at 143.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 151.89, and for the 2nd resistance point, it is at 155.00.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 8.16, the price to book ratio is 3.19 and price to earnings (TTM) ratio is 36.82.
Transactions by insiders
Recent insider trading involved Namkung James W, Chief Accounting Officer, that happened on Jul 25 ’24 when 1043.0 shares were sold. President, Fixed Income & Data, Edmonds Christopher Scott completed a deal on Jul 17 ’24 to sell 1000.0 shares. Meanwhile, Chief Executive Officer Sprecher Jeffrey C sold 0.11 million shares on Jul 09 ’24.
