Saturday , October 23 2021

Intercontinental Exchange (NYSE: ICE) Announces Quarterly Earnings Results


Intercontinental stock market logoIntercontinental Change (NYSE: ICE) published quarterly earnings data on Wednesday (October 31st). The financial services provider reported $ 0.85 per share (EPS) for the quarter, and predicted Zacks's $ 0.80 dollar-to-market forecast of $ 0.95. The company had an income of $ 1.20 billion over the quarter, compared to analysts' expectations of $ 1.19 billion. Intercontinental stock exchange, return on equity was 11.67% and net profit margin was 43.09%. Intercontinental Exchange's revenue increased by 4.7% year-on-year. In the same quarter of the previous year, the business won $ 0.73.

ICE's shares traded at $ 1.09 on Thursday during the noon trade and won $ 79.89. 177,886 shares of the stock were changed according to an average of 2,612,492. The company has a market value of 44.37 billion dollars, a 27.04 P / E ratio, a 2.25 P / E / G ratio and a 0.53 beta level. Intercontinental Change The lowest level of 52 weeks is $ 65.97 and the highest of 52 weeks is $ 80.00. The Company has a fast rate of 1.00, the current ratio of 1.00 and the debt-equity ratio of 0.38.

In other Intercontinental Exchange news, General Counsel Johnathan H. Short sold 6,000 Intercontinental Exchange shares in a transaction Wednesday (October 10th). Stocks were sold at an average price of $ 75.73 for a total transaction of $ 454,380.00. The sale was announced in a filing with the Securities and Exchange Commission, accessible from the SEC website. In addition, Vice President Charles A. Vice sold 35,000 shares of the Intercontinental Exchange on Tuesday, November 6th. The total price of inventories amounted to $ 78.12, $ 2,734,200.00. After the sale, the company shares have 419.907 shares of the company and it is worth USD 32.803.134.84. The description for this sale can be found here. In the last quarter, insiders sold 288,819 shares at $ 21,896,765. 1.50% of the shares belong to in-house users.

Recently, a number of intermediaries, ICE commented on. Zacks Investment Research reduced the Intercontinental Exchange to a Exchange hold down; note in a research note on Wednesday. JPMorgan Chase & Co. has set a target price of $ 92.00 in the Intercontinental Exchange and gave the stock a Exchange buy, note in a research note on Friday (November 2nd). Wells Fargo & Co increased the price target at $ 80.00 to $ 81.00 on the Intercontinental Exchange and gave the stock a & market performance hedef in a research report on Thursday (November 1st). Citigroup has set a price target of $ 80.00 in Intercontinental Exchange and gave a; hold continental note to the stock in a research report on Thursday (November 1st). Last but not least, Barclays raised the price target at Intercontinental Exchange from $ 82.00 to $ 85.00 and gave the stock a Exchange overweight lay rating in a research report on Thursday (November 1st). Three analysts evaluated the stock with a rating and issued stocks for twelve stocks. The company has an average “Buy ık rating and an average price target of $ 84.29.

The Intercontinental Exchange has announced that its board has approved a stock repurchase program on Wednesday (October 31st), allowing the company to buy back $ 2.00 billion worth of shares. This buy-back authorization allows the financial services provider to purchase up to 4.8% of its shares through open market purchases. Stock repurchase programs are generally indicative of the belief that the company's leadership believes that its shares are impaired.

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Intercontinental Currency Company Profile

Intercontinental Stock Exchange, Inc. operates in the United States, the United Kingdom, the Continent, Asia, Israel and Canada, regulating stock exchanges, clearing houses and entry spaces for the financial and commodity markets. Works in two segments; Trade and Clearing; and Data and Lists. The company market for listing, trading and exchanging a range of derivatives and securities contracts between various asset classes, including energy and agricultural products, interest rates, stocks, equity and credit derivatives, listed funds, bonds and currencies. operates their places.

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Earning History for Intercontinental Change (NYSE: ICE)

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