Large-cap finance company Intercontinental Exchange has moved 1.3% this afternoon, reaching $108.95 per share. In contrast, the average analyst target price for the stock is $134.92.
Intercontinental Exchange, Inc., together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada. The company is based in the United States. Intercontinental Exchange currently returns an annual dividend yield of 1.5%.
Make Sure to Consider the Following Before Buying Intercontinental Exchange:
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Intercontinental Exchange has moved 18.0% over the last year.
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ICE has a forward P/E ratio of 18.0 based on its EPS guidance of 6.04.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of -5.6%.
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The company has a price to earnings growth (PEG) ratio of 2.74.
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Its Price to Book (P/B) ratio is 2.56
Intercontinental Exchange Has a Pattern of Improving Cash Flows
Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
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2023-02-02 | 3,554,000 | -225,000 | 3,779,000 | 14.45 |
2022-02-03 | 3,123,000 | -179,000 | 3,302,000 | 6.93 |
2021-02-04 | 2,881,000 | -207,000 | 3,088,000 | 9.82 |
2020-02-06 | 2,659,000 | -153,000 | 2,812,000 | -0.04 |
2019-02-07 | 2,533,000 | -280,000 | 2,813,000 | 15.19 |
2018-02-07 | 2,085,000 | -357,000 | 2,442,000 |
Intercontinental Exchange's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $3.04 Billion, and following a compounded average growth rate of 0.0%, investors who focus on cash flow growth should do further research on this firm.