ICE has a market capitalization of $64,373,635,811 -- more than approximately 96.44% of US stocks.
ICE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,074.59 -- higher than 96.41% of US-listed equities with positive expected earnings growth.
The volatility of Intercontinental Exchange Inc's share price is greater than that of only 8.6% US stocks with at least 200 days of trading history.
If you're looking for stocks that are quantitatively similar to Intercontinental Exchange Inc, a group of peers worth examining would be ITW, TFC, PNC, NSC, and USB.
Intercontinental Exchange operates a network of regulated exchanges and clearing houses for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Israel, Canada, and Singapore. The company was founded in 2000 and is based in Atlanta, Georgia.
ICE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ICE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Intercontinental Exchange Inc ranked in the 36th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 49.5%. The most interesting components of our discounted cash flow analysis for Intercontinental Exchange Inc ended up being:
As a business, ICE is generating more cash flow than 84.69% of positive cash flow stocks in the Financial Services.
Intercontinental Exchange Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 13.41% of tickers in our DCF set.
ICE's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than just 13.41% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
WU, NDAQ, SEIC, MCO, and BX can be thought of as valuation peers to ICE, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
Cooper Investors, an employee-owned investment company that manages 7 pooled investment trusts, published its Cooper Investors Global Equities Fund (Hedged) third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A positive return of 9.18% was recorded by the fund for the 3rd Quarter of 2020, ahead of its MSCI All Countries World […]
Intercontinental Exchange, Inc. (NYSE:ICE) General Counsel Andrew J. Surdykowski sold 1,000 shares of Intercontinental Exchange stock in a transaction that occurred on Friday, January 8th. The shares were sold at an average price of $118.00, for a total value of $118,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, […]
The outgoing President Donald Trump's administration continues to put pressure on China as it nears the end of its term. Trump issued an amended executive order that clarifies the ban on investment in companies tied to the Chinese military, Bloomberg reports.What Happened: The amended order issued Wednesday is tied to the executive order issued in November last year that blacklisted investing in specific companies tied to the Chinese military. The original order lacked the clarity that led to a frenzy on Wall Street.Bloomberg notes the amended order clarifies that investors have until November to sell securities in sanctioned firms considered threats by the U.S.However, the government left three major companies -- Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), an...
ABU DHABI--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today provides an update on ICE Futures Abu Dhabi (IFAD). ICE plans to launch IFAD and trading in ICE Murban Crude Oil Futures on March 29, 2021, subject to the completion of regulatory approvals. “We are making good progress on securing the regulatory approvals necessary for launch. We have received a