On Tuesday, Intercontinental Exchange Inc (NYSE: ICE) opened lower -0.24% from the last session, before settling in for the closing price of $166.34. Price fluctuations for ICE have ranged from $104.49 to $167.23 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 11.20% annually for the last half of the decade. Company’s average yearly earnings per share was noted 9.10% at the time writing. With a float of $569.47 million, this company’s outstanding shares have now reached $573.00 million.
In an organization with 13222 employees, it is important to assess its efficiency. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Financial Data & Stock Exchanges industry is another important factor to consider. The insider ownership of Intercontinental Exchange Inc is 0.81%, while institutional ownership is 91.67%. The most recent insider transaction that took place on Sep 26 ’24, was worth 326,799. In this transaction General Counsel of this company sold 2,048 shares at a rate of $159.57, taking the stock ownership to the 44,865 shares. Before that another transaction happened on Sep 27 ’24, when Company’s Officer proposed sale 2,213 for $158.12, making the entire transaction worth $349,920.
Intercontinental Exchange Inc (ICE) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.46 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.39) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% 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
Check out the current performance indicators for Intercontinental Exchange Inc (ICE). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.10. Likewise, its price to free cash flow for the trailing twelve months is 25.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.04, a number that is poised to hit 1.55 in the next quarter and is forecasted to reach 6.85 in one year’s time.
Technical Analysis of Intercontinental Exchange Inc (ICE)
Let’s dig in a bit further. During the last 5-days, its volume was 2.13 million. That was inferior than the volume of 2.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.41%. Additionally, its Average True Range was 2.10.
During the past 100 days, Intercontinental Exchange Inc’s (ICE) raw stochastic average was set at 96.28%, which indicates a significant increase from 83.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.27% in the past 14 days, which was higher than the 12.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $160.89, while its 200-day Moving Average is $142.73. However, in the short run, Intercontinental Exchange Inc’s stock first resistance to watch stands at $166.74. Second resistance stands at $167.54. The third major resistance level sits at $168.41. If the price goes on to break the first support level at $165.07, it is likely to go to the next support level at $164.20. The third support level lies at $163.40 if the price breaches the second support level.
Intercontinental Exchange Inc (NYSE: ICE) Key Stats
There are currently 573,585K shares outstanding in the company with a market cap of 95.27 billion. Presently, the company’s annual sales total 7,988 M according to its annual income of 2,368 M. Last quarter, the company’s sales amounted to 2,317 M and its income totaled 632,000 K.
