The key reasons why Intercontinental Exchange Inc. (ICE) is -8.40% away from 52-week high?
Intercontinental Exchange Inc. (NYSE: ICE) started the day on June 10, 2021, with a price increase of 0.78% at $111.72. During the day, the stock rose to $111.95 and sunk to $110.74 before settling in for the price of $110.85 at the close. Taking a more long-term approach, ICE posted a 52-week range of $90.01-$121.96.
The company of the Financial sector’s yearbook sales growth during the past 5- year span was recorded 12.00%. Meanwhile, its Annual Earning per share during the time was 10.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.00%. This publicly-traded company’s shares outstanding now amounts to $562.00 million, simultaneously with a float of $555.44 million. The organization now has a market capitalization sitting at $62.55 billion. At the time of writing, stock’s 50-day Moving Average stood at $114.86, while the 200-day Moving Average is $109.14.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 8964 employees. It has generated 859,618 per worker during the last fiscal year. Meanwhile, its income per employee was 234,983. The stock had 6.89 Receivables turnover and 0.07 Total Asset turnover. For the Profitability, stocks gross margin was +69.56, operating margin was +41.93 and Pretax Margin of +36.19.
Intercontinental Exchange Inc. (ICE) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Financial Data & Stock Exchanges Industry. Intercontinental Exchange Inc.’s current insider ownership accounts for 0.40%, in contrast to 91.00% institutional ownership. According to the most recent insider trade that took place on May 26, this organization’s General Counsel sold 1,458 shares at the rate of 112.96, making the entire transaction reach 164,695 in total value, affecting insider ownership by 40,227. Preceding that transaction, on May 26, Company’s Chief Executive Officer sold 60,000 for 112.92, making the whole transaction’s value amount to 6,775,483. This particular insider is now the holder of 3,151,705 in total.
Intercontinental Exchange Inc. (ICE) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2021, the organization reported $1.34 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $1.3) by $0.04. This company achieved a net margin of +27.34 while generating a return on equity of 11.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.19 per share during the current fiscal year.
Intercontinental Exchange Inc.’s EPS increase for this current 12-month fiscal period is 10.00% and is forecasted to reach 5.25 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.87% through the next 5 years, which can be compared against the 10.60% growth it accomplished over the previous five years trading on the market.
Intercontinental Exchange Inc. (NYSE: ICE) Trading Performance Indicators
Let’s observe the current performance indicators for Intercontinental Exchange Inc. (ICE). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 1.80. Alongside those numbers, its PE Ratio stands at $29.90, and its Beta score is 0.73. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.97. Similarly, its price to free cash flow for trailing twelve months is now 28.78.
In the same vein, ICE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.74, a figure that is expected to reach 1.18 in the next quarter, and analysts are predicting that it will be 5.25 at the market close of one year from today.
Technical Analysis of Intercontinental Exchange Inc. (ICE)
If we take a close look at the recent performances of Intercontinental Exchange Inc. (NYSE: ICE), its last 5-days Average volume was 2.33 million that shows plunge from its year to date volume of 2.4 million. During the previous 9 days, stock’s Stochastic %D was recorded 36.74% While, its Average True Range was 1.70.
Raw Stochastic average of Intercontinental Exchange Inc. (ICE) in the period of the previous 100 days is set at 21.28%, which indicates a major fall in contrast to 44.35% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.32% that was lower than 17.59% volatility it exhibited in the past 100-days period.