Best stocks of the day: Intercontinental Exchange, Inc. (ICE)

Now the company Insiders own 1.4% of Intercontinental Exchange Inc. shares according to the proxy statements. American Century Companies Inc. raised its stake in shares of Intercontinental Exchange by 26.8% in the second quarter. Analysts believe that we could see stock price minimum in the $62 range (lowest target price), allowing for another 5.75% jump from its current position. KS increased its stake in Intercontinental Exchange by 2.1% in the third quarter. This leaves us with a quarter on quarter earnings per share growth of -10.60%.

Intercontinental Exchange, Inc. (NYSE:ICE)'s earnings per share has been growing at a 11.5 percent rate over the past 5 year when average revenue increase was noted as 27.6 percent. The company has a market cap of $6.91 billion, a PE ratio of 25.34 and a beta of 0.96. The 20-Day Simple Moving Average is determined at 0.52% that showed a 200-Day Simple Moving Average of 6.69%. The stock hit 1-yearhigh at $60.54 and a low of $44.87 in the same period. (NYSE:ICE) have received a consensus recommendation of "Buy" from the thirteen ratings firms that are now covering the company. The business's revenue was up 30.1% compared to the same quarter previous year.

When it comes to earning per share the company is at 4.30% for the year with a projected 12.57% earning per share for the next year. In a similar way, Baxter International Inc. Stockholders of record on Friday, June 16th will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, June 14th. This represents a $0.80 annualized dividend and a dividend yield of 1.33%. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter. Finally, Evercore ISI reiterated a "buy" rating and set a $63.00 price target on shares of Intercontinental Exchange in a research report on Saturday, December 17th. On average, equities research analysts forecast that Intercontinental Exchange will post $3.00 EPS for the current fiscal year. The company now has a consensus rating of "Buy" and an average target price of $60.27. Also, insider Charles A. Vice sold 5,000 shares of Intercontinental Exchange stock in a transaction dated Thursday, January 5th. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

In related news, Director William Jefferson Hague sold 600 shares of the firm's stock in a transaction on Wednesday, December 21st. The disclosure for this sale can be found here. Strs Ohio now owns 266,028 shares of the company's stock worth $68,092,000 after buying an additional 72,309 shares during the last quarter.

Several insiders were part of recent insider activity for the stock.

Intercontinental Exchange, Inc. has a market capital of 34774.04 at the moment and a profit to earnings ratio of 24.7. It delivers data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures, Liffe and Euronext. The net percent change held by Institutional Investors has seen a change of 0.11% in last three month period.

  • Zachary Reyes