ICE Trading at Premium to Industry at 24.93X: What Should You Do?

Intercontinental Exchange Inc.'s (ICE) shares are trading at a premium to the Zacks Securities and Exchange industry. Its forward price-to-earnings of 24.93X is higher than the industry average of 23.96X. It is also trading at a premium to the Finance sector and the Zacks S&P 500 composite's 16.20X and 21.57X, respectively. The company has a market capitalization of $93.7 billion. The average volume of shares traded in the last three months was 2.8 million. Image Source: Zacks Investment Research The stock ...