Intercontinental Exchange Inc (ICE) soared 0.83 in the last month: It’s impossible to believe the numbers

On Friday, Intercontinental Exchange Inc (NYSE: ICE) was 0.83% up from the session before settling in for the closing price of $160.22. A 52-week range for ICE has been $104.49 – $161.97.

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Annual sales at Financial sector company grew by 11.20% over the past five years. When this article was written, the company’s average yearly earnings per share was at 7.67%. With a float of $569.46 million, this company’s outstanding shares have now reached $573.00 million.

Let’s look at the performance matrix of the company that is accounted for 13222 employees. In terms of profitability, gross margin is 63.9%, operating margin of 37.27%, and the pretax margin is 28.57%.

Intercontinental Exchange Inc (ICE) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Intercontinental Exchange Inc stocks. The insider ownership of Intercontinental Exchange Inc is 0.82%, while institutional ownership is 93.18%. The most recent insider transaction that took place on Aug 27 ’24, was worth 311,899. In this transaction Director of this company sold 1,941 shares at a rate of $160.69, taking the stock ownership to the 26,908 shares. Before that another transaction happened on Aug 28 ’24, when Company’s Director sold 509 for $160.80, making the entire transaction worth $81,847. This insider now owns 3,449 shares in total.

Intercontinental Exchange Inc (ICE) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 7.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.54% during the next five years compared to 4.09% growth over the previous five years of trading.

Intercontinental Exchange Inc (NYSE: ICE) Trading Performance Indicators

You can see what Intercontinental Exchange Inc (ICE) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.86. Likewise, its price to free cash flow for the trailing twelve months is 25.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.04, a number that is poised to hit 1.50 in the next quarter and is forecasted to reach 6.71 in one year’s time.

Technical Analysis of Intercontinental Exchange Inc (ICE)

Intercontinental Exchange Inc (NYSE: ICE) saw its 5-day average volume 1.96 million, a negative change from its year-to-date volume of 2.45 million. As of the previous 9 days, the stock’s Stochastic %D was 81.38%. Additionally, its Average True Range was 1.93.

During the past 100 days, Intercontinental Exchange Inc’s (ICE) raw stochastic average was set at 98.88%, which indicates a significant increase from 95.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.85% in the past 14 days, which was lower than the 14.36% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $149.62, while its 200-day Moving Average is $134.94. Nevertheless, the first resistance level for the watch stands at $162.22 in the near term. At $162.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $164.03. If the price goes on to break the first support level at $160.41, it is likely to go to the next support level at $159.28. Assuming the price breaks the second support level, the third support level stands at $158.60.

Intercontinental Exchange Inc (NYSE: ICE) Key Stats

There are 573,585K outstanding shares of the company, which has a market capitalization of 92.75 billion. As of now, sales total 7,988 M while income totals 2,368 M. Its latest quarter income was 2,317 M while its last quarter net income were 632,000 K.