Analyst Expectations For Intercontinental Exchange's Future


Intercontinental Exchange ICE has been analyzed by 15 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 7 2 0 0
Last 30D 1 2 0 0 0
1M Ago 2 2 1 0 0
2M Ago 0 0 0 0 0
3M Ago 3 3 1 0 0

Analysts have recently evaluated Intercontinental Exchange and provided 12-month price targets. The average target is $153.47, accompanied by a high estimate of $164.00 and a low estimate of $139.00. This upward trend is evident, with the current average reflecting a 3.25% increase from the previous average price target of $148.64.

Exploring Analyst Ratings: An In-Depth Overview

A clear picture of Intercontinental Exchange's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Benjamin Budish Barclays Lowers Overweight $150.00 $155.00
Andrew Bond Rosenblatt Maintains Buy $164.00 $164.00
Kyle Voigt Keefe, Bruyette & Woods Lowers Outperform $155.00 $156.00
Craig Siegenthaler B of A Securities Lowers Buy $153.00 $156.00
Michael Cyprys Morgan Stanley Raises Equal-Weight $142.00 $139.00
Benjamin Budish Barclays Raises Overweight $155.00 $153.00
Christopher Allen Citigroup Raises Buy $160.00 $155.00
Kyle Voigt Keefe, Bruyette & Woods Maintains Outperform $152.00 -
Michael Cyprys Morgan Stanley Raises Equal-Weight $139.00 $133.00
Christopher Allen Citigroup Raises Buy $155.00 $146.00
Benjamin Budish Barclays Raises Overweight $153.00 $148.00
Alex Kramm UBS Raises Buy $160.00 $145.00
Patrick Moley Piper Sandler Raises Overweight $149.00 $135.00
Ken Worthington JP Morgan Raises Overweight $151.00 $142.00
Andrew Bond Rosenblatt Raises Buy $164.00 $154.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Intercontinental Exchange. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Intercontinental Exchange compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Intercontinental Exchange's stock. This examination reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Intercontinental Exchange's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Intercontinental Exchange analyst ratings.

Get to Know Intercontinental Exchange Better

Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 56% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (15% of net revenue) and fixed-income and data services segment (29% of net revenue).

Financial Insights: Intercontinental Exchange

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: Intercontinental Exchange's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 12.16%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 13.99%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Intercontinental Exchange's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.46% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Intercontinental Exchange's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.27%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Intercontinental Exchange's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.89, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Significance of Analyst Ratings Explained

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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