Intercontinental Exchange, Inc., together with its subsidiaries, provides technology and data to financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, India, Israel, Canada, and Singapore. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The Exchanges segment operates regulated marketplace technology for the listing, trading, and clearing of an array of derivatives contracts and financial securities, as well as data and connectivity services related to its exchanges and clearing houses. The Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics, and execution services, as well as global CDS clearing and multi-asset class data delivery technology. The Mortgage Technology segment offers a technology platform that provides customers comprehensive and digital workflow tools to address inefficiencies and mitigate risks that exist in the U.S. residential mortgage market life cycle from application through closing, servicing, and the secondary market. The company was founded in 2000 and is headquartered in Atlanta, Georgia.
Market Dominance | Explore ICE's commanding position in global exchanges and clearing services, driving growth through diverse revenue streams and strategic acquisitions |
Energy Sector Surge | ICE's Energy business thrives on market volatility, benefiting from increased hedging demand amid global uncertainties and secular trends |
Mortgage Tech Hurdles | Delve into ICE's challenges in mortgage technology, as rising interest rates impact refinancing activity, with potential for future stabilization |
Analyst Optimism | Analysts project EPS growth of 9%, with price targets ranging from $152 to $200, reflecting confidence in ICE's diversified business model |
Metrics to compare | ICE | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipICEPeersSector | |
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P/E Ratio | 34.0x | 29.1x | 8.7x | |
PEG Ratio | 2.41 | 26.08 | 0.03 | |
Price/Book | 3.4x | 5.2x | 1.0x | |
Price / LTM Sales | 10.1x | 5.4x | 2.6x | |
Upside (Analyst Target) | 14.2% | 3.4% | 17.4% | |
Fair Value Upside | Unlock | −6.5% | 3.2% | Unlock |