Consensus estimates for Icahn Enterprises L P (IEP) stock’s next quarter

As of close of business last night, Icahn Enterprises L P’s stock clocked out at $17.00, down -0.47% from its previous closing price of $17.08. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 805309 shares were traded.

Ratios:

To gain a deeper understanding of IEP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.12. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 2.82 whereas as Long-Term Debt/Eq ratio is at 1.75.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on March 03, 2017, Reiterated its Sell rating but revised its target price to $40 from $30 previously.

On August 18, 2016, UBS Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $52 to $30.

UBS reiterated its Neutral rating for the stock on March 02, 2015, while the target price for the stock was revised from $88 to $93.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IEP now has a Market Capitalization of 7.29B and an Enterprise Value of 8.54B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 0.72 whereas that against EBITDA is 56.92.

Stock Price History:

Over the past 52 weeks, IEP has reached a high of $52.93, while it has fallen to a 52-week low of $15.00. The 50-Day Moving Average of the stock is 18.55, while the 200-Day Moving Average is calculated to be 20.96.

Shares Statistics:

It appears that IEP traded 780.35K shares on average per day over the past three months and 600.35k shares per day over the past ten days. A total of 429.03M shares are outstanding, with a floating share count of 427.08M. Insiders hold about 0.45% of the company’s shares, while institutions hold 86.79% stake in the company. Shares short for IEP as of Feb 29, 2024 were 5.18M with a Short Ratio of 7.79, compared to 3.92M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.21% and a Short% of Float of 8.55%.

Dividends & Splits

With its trailing 12-month dividend rate of 6.00, IEP has a forward annual dividend rate of 5.00. Against a Trailing Annual Dividend Yield of 35.13%, it implies a Forward Annual Dividend Yield of 23.53%. The stock’s 5-year Average Dividend Yield is 17.49.

Earnings Estimates

As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.25 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.25, while EPS last year was -$0.75. The consensus estimate for the next quarter is $0.2, with high estimates of $0.2 and low estimates of $0.2.

Analysts are recommending an EPS of between $0.93 and $0.93 for the fiscal current year, implying an average EPS of $0.93. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $2.79B. It ranges from a high estimate of $2.79B to a low estimate of $2.79B. As of the current estimate, Icahn Enterprises L P’s year-ago sales were $2.76B, an estimated increase of 1.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $2.62B, a decrease of -2.40% less than the figure of $1.30% in the same quarter last year. There is a high estimate of $2.62B for the next quarter, whereas the lowest estimate is $2.62B.

A total of 1 analysts have provided revenue estimates for IEP’s current fiscal year. The highest revenue estimate was $10.74B, while the lowest revenue estimate was $10.74B, resulting in an average revenue estimate of $10.74B. In the same quarter a year ago, actual revenue was $11.08B, down -3.00% from the average estimate.

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