Stock To Watch: Intercontinental Exchange Inc. (NYSE:ICE)


The leading market experts have placed a mean price target of $286.67 on Intercontinental Exchange Inc. (NYSE:ICE) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $3.37 a share for the upcoming quarter and $13.91 for the current fiscal. Technical View The technical analysis of Intercontinental Exchange Inc. plainly substantiates that the 50-day moving average of Intercontinental Exchange Inc. is $261.41, and stock is hovering -13.70 or -5.24% distant from $261.41. It is noted that the 200-day MA is $248.37, and Intercontinental Exchange Inc. stock is $-0.66 or -0.26% off from this point. Intercontinental Exchange Inc. (NYSE:ICE) 52-week high is $271.95 and the 52-week low is $220.28. This explains if the stock moves $-24.24, it will post a 52-week high. In event of $+12.45% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Intercontinental Exchange Inc. , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Intercontinental Exchange Inc. (NYSE:ICE) ratio came in at 21.21. The stock last ended the trading session at $247.71 and registered a market cap of $28.50B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Intercontinental Exchange Inc. (NYSE:ICE) PEG ratio is at 1.39.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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