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.
The price of Icahn Enterprises L P (NASDAQ: IEP) closed at $8.36 in the last session, down -0.36% from day before closing price of $8.39. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 1.08 million shares were traded.
Ratios:
We take a closer look at IEP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.60. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 4.16. In the meantime, Its Debt-to-Equity ratio is 3.20 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.
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.
Stock Price History:
Over the past 52 weeks, IEP has reached a high of $17.93, while it has fallen to a 52-week low of $7.27. The 50-Day Moving Average of the stock is -3.20%, while the 200-Day Moving Average is calculated to be -21.07%.
Shares Statistics:
A total of 522.74M shares are outstanding, with a floating share count of 51.18M. Insiders hold about 90.63% of the company’s shares, while institutions hold 0.70% stake in the company.
