How to Buy Intercontinental Exchange Stock
Intercontinental Exchange Inc
Intercontinental Exchange is a financial datum & stock exchange company located in Georgia, United States, which is part of the Financial Services sector, and is traded under the ticker ICE on the NYSE exchange.
Intercontinental Exchange stock last closed at $162.57, up 1.2% from the previous day, and has increased 45.87% in one year. It has overperformed other stocks in the Financial Data & Stock Exchanges industry by 0.18 percentage points. Intercontinental Exchange stock is currently +55.58% from its 52-week low of $104.49, and -0.98% from its 52-week high of $164.18.
As of Oct 11, 2024, there are 574.14M ICE shares outstanding. The market capitalization of ICE is $93.34B. In the past 24 hours, 2.6M ICE shares were traded.
How to Buy Intercontinental Exchange Stock
Wondering how to invest in Intercontinental Exchange stock? Here's how.
- Decide where to buy Intercontinental Exchange stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Intercontinental Exchange stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your info.
- Evaluate Intercontinental Exchange stock: The Intercontinental Exchange ticker symbol is ICE. Is Intercontinental Exchange stock a good investment? Should you buy shares of ICE? How do ICE's underlying business fundamentals look? Do top analysts think Intercontinental Exchange is a good buy? Why has ICE's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ICE is a good stock to buy).
- Place your ICE purchase: Decide if you will purchase ICE shares at the current market price or use a limit order to buy ICE stock at a specific price.
- Get key alerts regarding your ICE position: Create a watchlist to monitor your new investment in Intercontinental Exchange stock.
Step 1: Decide where to buy Intercontinental Exchange stock
You need a brokerage account to access the NYSE market and buy ICE shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can invest in ICE stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on the highest rated stock app, you need to deposit funds:
Check out the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Intercontinental Exchange stock
Once you have decided on the best place to buy Intercontinental Exchange stock, it's absolutely critical to research their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.
Intercontinental Exchange shares data
Intercontinental Exchange Due Diligence Checks
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ICE's stock page.
Is ICE stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge ICE's fair value.
Using relative valuations methods:
- ICE could be overvalued based on its P/E ratio of 40.24x, relative to Financial Data & Stock Exchanges industry P/E ratio of 39.14x
- ICE may be undervalued based on its P/B ratio of 3.5x, relative to Financial Data & Stock Exchanges industry P/B ratio of 5.03x
- ICE may be overvalued based on its PEG ratio of 1.79x
You can access more valuation analysis on ICE's stock here.
ICE Financials at a glance
Passed Financial Due Diligence Checks:
- Total ICE debt is lower than 5 years ago, relative to shareholder equity.
- ICE profit margin has gone up from 17.6% to 21.4% in the past year.
- There are more short-term assets than long-term liabilities on the ICE balance sheet.
Failed Financial Due Diligence Checks:
- ICE earnings of $3.90B is not sufficient to cover its interest payments.
- ICE's operating cash flow of $3.94B allows it to safely service it's debt of $22.13B.
- ICE has a relatively high debt to equity ratio of 4.16.
- There are more short-term liabilities than short-term assets on the ICE balance sheet.
Is ICE stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 13 Wall Street analysts who give recommendations on ICE, the consensus analyst rating on Intercontinental Exchange is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Latest ICE Analyst Recommendations
Alexander Blostein, a top 6% analyst from Goldman Sachs maintains ICE with a strong buy rating and raises their ICE price target from $171.00 to $185.00, on Oct 3, 2024.
Goldman Sachs's Alexander Blostein raised their price target on Intercontinental Exchange (NYSE: ICE) by 8.2% from $171 to $185 on 2024/10/03. The analyst maintained their Strong Buy rating on the stock.
Blostein reported that their price target hike was catalyzed by a deep dive into their Financial sector coverage area.
On 2024/09/30, the analyst predicted that most capital market stocks would fall post-Q3 2024 reports on lower interest rates and "sluggish" deal recovery.
However, higher interest rates have "propelled the risk-on behavior" across many capital market stocks, Blostein told investors.
Conversely, the analyst said that deal activity rates are still slow, which is a problem for many alternative asset managers who deal with "very stretched" valuation multiples.
Blostein continued by noting that organic growth slowed down in Q3 for most traditional managers, and lower interest rates pose a "meaningful risk" to earnings for most brokers and wealth managers.
The analyst said that Goldman Sachs believes exchanges and trust banks were "relative bright spots" in Q3.
Bill Katz, a top 15% analyst from TD Cowen initiates coverage on ICE with a strong buy rating and announces their ICE price target of $182.00, on Sep 26, 2024.
Kenneth Worthington, a top 18% analyst from JP Morgan maintains ICE with a strong buy rating and raises their ICE price target from $151.00 to $171.00, on Sep 16, 2024.
Brian Bedell, a top 4% analyst from Deutsche Bank maintains ICE with a hold rating and raises their ICE price target from $152.00 to $154.00, on Aug 15, 2024.
Kyle Voigt, a bottom 11% analyst from Keefe, Bruyette & Woods maintains ICE with a buy rating and maintains their ICE price target from $168.00 to $168.00, on Aug 6, 2024.
You can dig deeper into what analysts are forecasting on the Intercontinental Exchange stock forecast page.
ICE Technical Indicators
ICE Earnings
Last year, ICE earnings were $2.31B. During the past five year, ICE's earnings have increased by 2.56% per year. This was faster than the Financial Data & Stock Exchanges industry average of 2.03%.
Last year, ICE revenue was $10.79B. During the last 5 year, ICE's revenue has grown by 11.17% per year. This was faster than the Financial Data & Stock Exchanges industry average of 7.73%.
You can analyze ICE's earnings and revenue performance here.
Latest Insiders Trades at ICE
In the past 12 months, insiders at ICE have sold more shares than they have bought.
Andrew J. Surdykowski, General Counsel of ICE, was the latest ICE insider to sell. They sold $326,799.36 worth of ICE stock on Sep 26, 2024.
Get more info about who owns ICE shares here.
Can I get consistent income from ICE stock?
Intercontinental Exchange pays a dividend of 1.09%, compared to the Financial Data & Stock Exchanges industry's average dividend yield of 1.34%. If you owned $1,000 of ICE stock, you would have been paid $10.89 in the past year.
Intercontinental Exchange dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Intercontinental Exchange dividend yield and history here.
What others are saying about ICE
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your ICE purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and your broker will execute the order.
If you want additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your ICE position
Now that you own some ICE stock, you'll want to keep up with your company.
Create a watchlist to get notified of important updates regarding your ICE stock.
ICE Feed
How to Buy Stock in Intercontinental Exchange
To summarize, here are the 6 steps to buy stock in Intercontinental Exchange:
- Decide where to buy Intercontinental Exchange stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Intercontinental Exchange stock
- Place your ICE purchase
- Get key alerts regarding your ICE position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Intercontinental Exchange, create a watchlist on WallStreetZen today.
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