The Somewhat Favorable News Coverage Somewhat Unlikely to Impact Intercontinental Exchange (ICE) Stock Price

The Somewhat Favorable News Coverage Somewhat Unlikely to Impact Intercontinental Exchange (ICE) Stock Price

These are some of the media headlines that may have effected AlphaOne’s scoring:

News headlines about Intercontinental Exchange (NYSE:ICE) have trended somewhat positive on Monday, Alpha One reports. Alpha One, a subsidiary of Accern, ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Intercontinental Exchange earned a news impact score of 0.23 on Alpha One’s scale. Alpha One also assigned news stories about the financial services provider an impact score of 49 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Intercontinental Exchange (ICE) opened at 60.32 on Monday. Intercontinental Exchange has a 12 month low of $48.15 and a 12 month high of $61.98. The stock has a market cap of $6.94 billion, a PE ratio of 23.29 and a beta of 0.96. The stock has a 50 day moving average of $59.92 and a 200 day moving average of $58.56. Intercontinental Exchange (NYSE:ICE) last posted its earnings results on Wednesday, May 3rd. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.01. Intercontinental Exchange had a net margin of 23.87% and a return on equity of 10.79%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the company earned $3.68 EPS. The company’s revenue was up .9% on a year-over-year basis. On average, equities analysts anticipate that Intercontinental Exchange will post $2.99 earnings per share for the current fiscal year.

In other Intercontinental Exchange news, insider David S. Goone sold 44,755 shares of the stock in a transaction that occurred on Thursday, March 16th. The shares were sold at an average price of $61.00, for a total value of $2,730,055.00. Following the completion of the sale, the insider now owns 200,657 shares of the company’s stock, valued at $12,240,077. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William Jefferson Hague sold 1,150 shares of the stock in a transaction that occurred on Wednesday, May 24th. The shares were sold at an average price of $59.94, for a total value of $68,931.00. The disclosure for this sale can be found here. Insiders sold 189,844 shares of company stock valued at $11,389,458 in the last ninety days. 1.40% of the stock is owned by corporate insiders. Intercontinental Exchange Company Profile

Intercontinental Exchange Inc, formerly IntercontinentalExchange Group, Inc, is a network of regulated exchanges and clearing houses for financial and commodity markets. The Company delivers transparent and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures, Liffe and Euronext.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “ICE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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