If you are wondering whether Intercontinental Exchange at around US$166 per share offers reasonable value today, the key is understanding how its current price lines up with different valuation yardsticks.
The stock has recently posted returns of 0.4% over 7 days, 2.1% over 30 days, 4.2% year to date, 16.1% over 1 year, 61.3% over 3 years, and 54.7% over 5 years, which gives useful context for how the market has been pricing its prospects and risks.
Recent coverage around Intercontinental Exchange has focused on its role as a major operator of exchanges and clearing houses, as well as a key player in financial data and infrastructure. This helps explain why investors pay close attention to its stock price moves and provides an…
