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The price of Icahn Enterprises L P (NASDAQ: IEP) closed at $13.52 in the last session, up 0.37% from day before closing price of $13.47. In other words, the price has increased by $0.37 from its previous closing price. On the day, 0.81 million shares were traded. IEP stock price reached its highest trading level at $13.71 during the session, while it also had its lowest trading level at $13.28.
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 1.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.07. For the most recent quarter (mrq), Quick Ratio is recorded 2.83 and its Current Ratio is at 3.14. In the meantime, Its Debt-to-Equity ratio is 2.65 whereas as Long-Term Debt/Eq ratio is at 2.05.
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 6428259840 and an Enterprise Value of 13255259136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 1.289 whereas that against EBITDA is 30.332.
Stock Price History:
Over the past 52 weeks, IEP has reached a high of $22.59, while it has fallen to a 52-week low of $9.72. The 50-Day Moving Average of the stock is -9.82%, while the 200-Day Moving Average is calculated to be -19.70%.
Shares Statistics:
According to the various share statistics, IEP traded on average about 1.18M shares per day over the past 3-months and 1809750 shares per day over the past 10 days. A total of 475.46M shares are outstanding, with a floating share count of 474.92M. Insiders hold about 0.12% of the company’s shares, while institutions hold 86.24% stake in the company. Shares short for IEP as of 1724976000 were 9930455 with a Short Ratio of 8.41, compared to 1722384000 on 7355437. Therefore, it implies a Short% of Shares Outstanding of 9930455 and a Short% of Float of 9.28.
Dividends & Splits
The forward annual dividend rate for IEP is 4.00, which was 4.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.29695618The stock’s 5-year Average Dividend Yield is 19.11.
