Intercontinental Exchange (ICE)
Financials
2Xideas publishes deep-dive research on compounding stocks that have the potential to double within 5-7 years. Their latest report focuses on ICE, which has the following key opportunities to drive continued growth and operating leverage: 1) To win share of institutional client workflows as fully automated trading proliferates. 2) Drive growth across its energy franchise with products such as Environmental Futures or Dutch TTF Natural Gas contracts, while continuing to innovate around new products such as carbon allowance credits. 3) Drive a digital‑to‑analog shift in the mortgage origination process, consolidating the mortgage value chain and building marketable mortgage trading and data products in the process. In aggregate, 2Xideas forecasts a 5.3% revenue CAGR and 11.5% adjusted EPS CAGR through 2030E on an NTM P/E of 20x.
Edition: 206
- 07 March, 2025
Activision (ATVI), Black Knight (BKI), VMware (VMW)
CTFN provides in-depth news on mergers, event-driven situations and major corporate developments. The news service, in conjunction with their PressRisk platform, delivers content and resources that increase the value and efficiency of their readers’ research efforts. Recent coverage includes:
Activision - The state of play meeting with the EC for Microsoft’s acquisition of ATVI was 21st Oct. MSFT can offer Phase I remedies by 28th Oct.
Black Knight - The FTC sought a declaration from a vendor in the loan origination space as part of its review of Intercontinental Exchange’s purchase of BKI.
VMware - Market power in virtualisation software likely to take centre stage in EC’s examination of Broadcom merger.
Click here to access the three news stories.
Edition: 147
- 28 October, 2022