In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $7.67 in the prior trading day, Icahn Enterprises L P (NASDAQ: IEP) closed at $7.76, up 1.17%. In other words, the price has increased by $1.17 from its previous closing price. On the day, 1.24 million shares were traded. IEP stock price reached its highest trading level at $7.83 during the session, while it also had its lowest trading level at $7.625.
Ratios:
Our goal is to gain a better understanding of IEP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.91 and its Current Ratio is at 3.33. In the meantime, Its Debt-to-Equity ratio is 3.15 whereas as Long-Term Debt/Eq ratio is at 2.62.
Upgrades & Downgrades
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 4657618432 and an Enterprise Value of 10729618432. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 1.159 whereas that against EBITDA is 31.651.
Stock Price History:
The Beta on a monthly basis for IEP is 0.73, which has changed by -0.30590338 over the last 52 weeks, in comparison to a change of 0.1028198 over the same period for the S&P500. Over the past 52 weeks, IEP has reached a high of $11.44, while it has fallen to a 52-week low of $7.27. The 50-Day Moving Average of the stock is -6.37%, while the 200-Day Moving Average is calculated to be -11.58%.
Shares Statistics:
The stock has traded on average 817.94K shares per day over the past 3-months and 1474410 shares per day over the last 10 days, according to various share statistics. A total of 600.21M shares are outstanding, with a floating share count of 55.78M. Insiders hold about 90.71% of the company’s shares, while institutions hold 0.79% stake in the company. Shares short for IEP as of 1761868800 were 12414427 with a Short Ratio of 15.18, compared to 1759190400 on 13154938. Therefore, it implies a Short% of Shares Outstanding of 12414427 and a Short% of Float of 8.33.
Dividends & Splits
In the trailing 12 months, IEP’s forward annual dividend rate was 2.0, compared to 2.00 this year. Against a Trailing Annual Dividend Yield of 0.2607562. The stock’s 5-year Average Dividend Yield is 22.93.
Earnings Estimates
. The current rating of Icahn Enterprises L P (IEP) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.13, with high estimates of $0.13 and low estimates of $0.13.
Analysts are recommending an EPS of between -$0.35 and -$0.35 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is $0.68, with 1.0 analysts recommending between $0.68 and $0.68.
Revenue Estimates
1 analysts predict $2.46B in revenue for. The current quarter. It ranges from a high estimate of $2.46B to a low estimate of $2.46B. As of. The current estimate, Icahn Enterprises L P’s year-ago sales were $2.56BFor the next quarter, 1 analysts are estimating revenue of $1.86B. There is a high estimate of $1.86B for the next quarter, whereas the lowest estimate is $1.86B.
A total of 1 analysts have provided revenue estimates for IEP’s current fiscal year. The highest revenue estimate was $9.42B, while the lowest revenue estimate was $9.42B, resulting in an average revenue estimate of $9.42B. In the same quarter a year ago, actual revenue was $10.02BBased on 1 analysts’ estimates, the company’s revenue will be $9.29B in the next fiscal year. The high estimate is $9.29B and the low estimate is $9.29B.
