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The closing price of Icahn Enterprises L P (NASDAQ: IEP) was $8.43 for the day, down -0.12% from the previous closing price of $8.44. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 0.55 million shares were traded. IEP stock price reached its highest trading level at $8.4901 during the session, while it also had its lowest trading level at $8.37.
Ratios:
Our analysis of IEP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 4.13. In the meantime, Its Debt-to-Equity ratio is 3.24 whereas as Long-Term Debt/Eq ratio is at 2.85.
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 4833931264 and an Enterprise Value of 11135929344. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 1.168 whereas that against EBITDA is 198.856.
Stock Price History:
The Beta on a monthly basis for IEP is 0.69, which has changed by -0.1956107 over the last 52 weeks, in comparison to a change of 0.18469036 over the same period for the S&P500. Over the past 52 weeks, IEP has reached a high of $15.65, while it has fallen to a 52-week low of $7.27. The 50-Day Moving Average of the stock is -5.11%, while the 200-Day Moving Average is calculated to be -8.82%.
Shares Statistics:
IEP traded an average of 767.60K shares per day over the past three months and 511130 shares per day over the past ten days. A total of 573.25M shares are outstanding, with a floating share count of 29.39M. Insiders hold about 94.87% of the company’s shares, while institutions hold 0.91% stake in the company. Shares short for IEP as of 1755216000 were 12379017 with a Short Ratio of 16.13, compared to 1752537600 on 11122884. Therefore, it implies a Short% of Shares Outstanding of 12379017 and a Short% of Float of 10.13.
Dividends & Splits
With its trailing 12-month dividend rate of 2.5, IEP has a forward annual dividend rate of 2.00. Against a Trailing Annual Dividend Yield of 0.29620853The stock’s 5-year Average Dividend Yield is 22.66.
Earnings Estimates
The market rating for Icahn Enterprises L P (IEP) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.12, with high estimates of $0.12 and low estimates of $0.12.
Analysts are recommending an EPS of between -$0.75 and -$0.75 for the fiscal current year, implying an average EPS of -$0.75. EPS for the following year is $0.54, with 1.0 analysts recommending between $0.54 and $0.54.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $2.4B to a low estimate of $2.4B. As of the current estimate, Icahn Enterprises L P’s year-ago sales were $2.22BFor the next quarter, 1 analysts are estimating revenue of $2.46B. There is a high estimate of $2.46B for the next quarter, whereas the lowest estimate is $2.46B.
A total of 1 analysts have provided revenue estimates for IEP’s current fiscal year. The highest revenue estimate was $9.1B, while the lowest revenue estimate was $9.1B, resulting in an average revenue estimate of $9.1B. In the same quarter a year ago, actual revenue was $10.02BBased on 1 analysts’ estimates, the company’s revenue will be $9.16B in the next fiscal year. The high estimate is $9.16B and the low estimate is $9.16B.
