Analyst Ratings for Intercontinental Exchange Inc. (ICE)Updated: 2017-07-28
Intercontinental Exchange Inc. (NYSE:ICE) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, ICE was issued an average rating of Overweight.
A buy rating was issued by 11 analysts, 1 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for ICE. The maximum price target given was 74, implying potential capital gains of 11.24 percent. The minimum price target given was 54, implying a possible loss of -18.82 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.72 percent on average, compared to last month. That number becomes 0.67 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 1 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.17 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 7 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 6 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
ICE has an estimated earnings growth rate of 16.98 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ICE has a PEG ratio of 1.51.
ICE has traded between a high of 67.48 and a low of 52.27 over the past year. Currently the stock is 27.26 percent higher than its low, and below the high by 1.42 percent. ICE has a price/earnings ratio of 25.56. Investors typically compare the P/E ratio to a company's peers in the industry. The ICE value stock report compares ICE to some of its peers using value stock charts. The stock has a market capitalization of $39.15 billion. ICE will post this quarters earnings in days, on 0000-00-00.