ICE stock: buy or sell?

ICE stock price: $91.76 -0.14% At close on July 16th, 2019

Updated on:
July 16th, 2019

5

Shares of Intercontinental Exchange closed today at $91.76 after reaching a new all time high ($92.31) even it couldn't close with gains and remained stable a tight -0.14%.

Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Asia, Israel, and Canada.

Should I buy ICE stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

These 2 buy setups match with Intercontinental Exchange stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Intercontinental Exchange stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we gathered 6 ratings published for ICE stock in the last month.

The general sentiment of these ratings is bullish for ICE stock, with 5 positive ratings.
Is ICE a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-5Raymond Jamesn/aOutperform
2019-4-4Wells Fargo & CoMarket PerformMarket Perform
2019-3-15Deutsche BankBuyBuy
2019-2-11Keefe, Bruyette & Woodsn/aBuy
2019-1-4Goldman Sachs GroupConviction-BuyBuy
2019-1-22CitigroupNeutralBuy

ICE stock analysis

Daily outlook

After marking all time highs today, Intercontinental Exchange remained steady -0.14% to $91.76.

After topping to all time highs today, Intercontinental Exchange remained stable -0.14% today to $91.76. Since March when ICE stock price broke up the SMA200d line, it gained $17.23 (23.12%). ICE shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on June 26th, ICE climbed unceasignly breaking out to new all time highs. Since last April when SMA50d and SMA100d crossed up, ICE price gained $11.52 per share (14.36%).

ICE stock chart (daily)

Weekly outlook

Intercontinental Exchange shares remained steady 0.23% this week and marked a new all time high at $92.31. With this, it's been 3 climbing weeks in a row, soaring a 6.71%.

Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $81.73 resistance. Since late March when ICE stock price broke up the SMA40w line, it gained $19.23 (26.51%).

ICE stock chart (weekly)

ICE stock price history

ICE IPO was on November 16th, 2005 at $7.19 per share1. Since then, ICE stock surged a 1,176.20%, with a yearly average of 90.50%. If you had invested $1,000 in ICE stock in 2005, it would worth $11,762.00 today.

1: Adjusted price after possible price splits or reverse-splits.

ICE stock historical price chart

ICE stock reached all-time highs today with a price of $92.31.

ICE stock price target is $85.90

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 4 price targets for ICE stock published in the last month:
ICE stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-5Raymond JamesRaises Target$89.00$94.005.6%
2019-4-4Wells Fargo & CoRaises Target$79.00$81.002.5%
2019-3-15Deutsche BankLowers Target$84.00$83.00-1.2%
2019-2-11Keefe, Bruyette & WoodsReiteratesn/a$85.50-
(in average)$84.00$85.902.0%
The price prediction for Intercontinental Exchange stock is $85.90, moving in a range between $94.00 and $81.00.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on May, Intercontinental Exchange climbed a phenomenal 14.12%. As soon as we get its posted EPS from the earnings report, we will update this review.
ICE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q12018-05-030.880.92.3%
2018-Q22018-08-020.890.91.1%
2018-Q32018-10-310.80.856.2%
2018-Q42019-02-070.920.942.2%
2019-Q12019-05-020.91n/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Intercontinental Exchange annual sales escalated a remarkable 7.41% to $6,276.00 million USD from $5,843.00 marked in 2017. By contrast, its profit margin (compared to revenues) collapsed to 31.68%, that is $1,988.00 million.

To have an up to date view of the financial situation of Intercontinental Exchange, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Intercontinental Exchange TTM sales up to were $4,696.00 and earnings were $1,524.00 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Intercontinental Exchange business evolution since December 2018: Annual revenues up to , compared to lastest yearly report, plunged a dreadful -25.18%. Nevertheless, profit margin (net income/sales) stayed constant at 31.68%.

ICE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2010$1,150 M-$398 M34.6%-
2011$1,327 M15.44%$510 M38.4%28.14%
2012$1,363 M2.67%$552 M40.5%8.22%
2013$1,800 M32.07%$254 M14.1%-53.95%
2014$4,221 M134.50%$981 M23.2%286.22%
2015$4,682 M10.92%$1,274 M27.2%29.87%
2016$5,958 M27.25%$1,422 M23.9%11.62%
2017$5,843 M-1.93%$2,526 M43.2%77.64%
2018$6,276 M7.41%$1,988 M31.7%-21.30%
TTM $4,696 M-25.18%$1,524 M32.5%-23.34%

Quarterly financial results

Intercontinental Exchange reported million in sales for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter income marked million with a profit margin of . Profit margin stayed steady a 0.00% compared to previous quarter when profit margin was 36.43%. When comparing turnover to same quarter last year, Intercontinental Exchange sales marked a frightening loss and plummed a -100.00%.
ICE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$1,650 M-$502 M30.4%-
2017-Q2$1,490 M-9.70%$418 M28.1%-16.73%
2017-Q3$1,432 M-3.89%$369 M25.8%-11.72%
2017-Q4$1,432 M0.00%$1,221 M85.3%230.89%
2018-Q1$1,580 M10.34%$464 M29.4%-62.00%
2018-Q2$1,556 M-1.52%$455 M29.2%-1.94%
2018-Q3$1,463 M-5.98%$458 M31.3%0.66%
2018-Q4$1,677 M14.63%$611 M36.4%33.41%

Intercontinental Exchange ownership

When you are planning to invest in a stock, it's always worth to review its ownership structure.

Intercontinental Exchange shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 93.23% of all shares.

In case of Intercontinental Exchange stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ICE stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

ICECBOECMENDAQ
Market cap$51.7 B$0.0 M$72.8 B$17.3 B
Total shares563.9 M0.0 M358.0 M165.7 M
Float shares557.5 M0.0 M348.9 M116.1 M
  - Institutional holdings (%)0.0%0.0%87.9%81.9%
  - Insider holdings (%)93.2%0.0%1.6%18.4%
Shares in short selling0.0%0.0%0.0%0.0%

ICE summary

Tuesday, July 16th, 2019
Open$91.96
Close$91.76
Day range$91.29 - $92.31
Previous close$91.89
Session gain-0.14%
Average true range$1.10
50d mov avg$84.59
100d mov avg$80.48
200d mov avg$77.96
Daily patternlb03c
Weekly pattern lb02c

Intercontinental Exchange performance

To measure stock performance is always good to benchmark with competitors or related stocks. We selected Cboe Global Markets, CME and Nasdaq as the bechmarking frame for Intercontinental Exchange stock.
Stock3m6m12m
ICEIntercontinental ...15.28%22.17%22.64%
CBOECboe Global Marke...12.97%20.71%10.37%
CME 15.81%11.83%23.51%
NDAQNasdaq16.38%26.63%11.92%

Intercontinental Exchange competitors

One check before investing in any stock is to review a list of its competitors, in this case for Intercontinental Exchange. We picked 3 companies as Intercontinental Exchange competitors as they are in the same industry or have similar market objectives.

Latest ICE stock news