That’s why I Feel Comfortable With Intercontinental Exchange Inc’s (ICE) Future

A share price of Intercontinental Exchange Inc [ICE] is currently trading at $167.56, down -1.69%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ICE shares have lost -4.99% over the last week, with a monthly amount drifted -2.36%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Intercontinental Exchange Inc [NYSE: ICE] stock has seen the most recent analyst activity on October 14, 2024, when Raymond James downgraded its rating to a Outperform but kept the price target unchanged to $185 for it. Previously, RBC Capital Mkts started tracking the stock with Outperform rating on September 27, 2024, and set its price target to $200. On September 26, 2024, TD Cowen initiated with a Buy rating and assigned a price target of $182 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $152 on August 02, 2024. Goldman upgraded its rating to a Buy and raised its price target to $167 on July 01, 2024. Barclays upgraded its rating to Overweight for this stock on January 08, 2024, and upped its price target to $148.

Intercontinental Exchange Inc experienced fluctuations in its stock price throughout the past year between $124.34 and $177.45. Currently, Wall Street analysts expect the stock to reach $185 within the next 12 months. Intercontinental Exchange Inc [NYSE: ICE] shares were valued at $167.56 at the most recent close of the market. An investor can expect a potential return of 10.41% based on the average ICE price forecast.

Analyzing the ICE fundamentals

Trailing Twelve Months sales for Intercontinental Exchange Inc [NYSE:ICE] were 11.08B which represents 7.07% growth. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.1 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.75.

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 165.70 points at the first support level, and at 163.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 170.99, and for the 2nd resistance point, it is at 174.43.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 8.69, the price to book ratio is 3.48 and price to earnings (TTM) ratio is 35.04.

Transactions by insiders

Recent insider trading involved Namkung James W, Chief Accounting Officer, that happened on Mar 20 ’25 when 1206.0 shares were sold. Officer, JAMES NAMKUNG completed a deal on Mar 20 ’25 to buy 1206.0 shares. Meanwhile, Chief Technology Officer Kapani Mayur sold 9973.0 shares on Mar 14 ’25.

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