This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The ICE Man Cometh, and the NYSE Can Hardly Wait

The trailing 12-month EBITDA earnings line seems to be closely related with the stock's price movement. The leadership history of the NYSE has been checkered at best over the past eight years. At least it continued to pay a dividend with a hard-to-sustain payout ratio of 86%.

NYX investors who purchased shares before ICE came along are keeping their fingers crossed about the final approval and sealing of the deal during the second half of this year. If the regulatory and approval process breaks down (which isn't anticipated), NYX shares may do the same.

NYSE Euronext reports earnings Tuesday before the market open. The analyst community is looking for an average quarterly year-over-year EPS increase of about 21%. Sales growth and revenue are expected to be up slightly (1.1%) from the same quarter last year.

Those who are interested in owning ICE shares may want to wait until its earnings are out and its conference call airs, which will be 8:30 a.m. EDT on May 1. The premise for owning shares after the earnings report and company news is released is based on the hope that the acquisition of NYX will go through during the second half of the year.

If that were delayed or blocked, ICE shares could be impacted. Either way, ICE has a solid future. Any unforeseen economic setbacks or a change in the economic climate could have the same effect on ICE and its shareholders.

At the time of publication, the author had no positions in stocks mentioned.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
NYX $0.00 0.00%
ICE $225.67 0.00%
AAPL $127.60 0.00%
FB $83.09 0.00%
GOOG $535.38 0.00%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs