Professional
Added to YB: 2024-01-09
Pitch date: 2024-01-08
ICE [bullish]
Intercontinental Exchange, Inc.
+30.45%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$88.1B
Pitch Price
$125.11
Price Target
N/A
Dividend
1.24%
EV/EBITDA
17.13
P/E
28.13
EV/Sales
10.95
Sector
Capital Markets
Category
value
Clearbridge Large Cap Growth Fund holding: $ICE
$ICE: Acquired Ellie Mae & Black Knight amid mortgage slump, compressing multiple. Exchanges offer high margins, FCF, limited rate/credit risk. Benefits from complex global markets & data demand. Diversified, high barriers to entry, recurring revenue mix.
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