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The closing price of Icahn Enterprises L P (NASDAQ: IEP) was $9.74 for the day, down -1.17% from the previous closing price of $9.85. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 0.53 million shares were traded. IEP stock price reached its highest trading level at $9.93 during the session, while it also had its lowest trading level at $9.62.
Ratios:
Our analysis of IEP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.00. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 2.62. In the meantime, Its Debt-to-Equity ratio is 2.82 whereas as Long-Term Debt/Eq ratio is at 2.04.
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 4908988928 and an Enterprise Value of 11053954048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 1.099 whereas that against EBITDA is 29.399.
Stock Price History:
The Beta on a monthly basis for IEP is 0.74, which has changed by -0.46383905 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, IEP has reached a high of $22.59, while it has fallen to a 52-week low of $8.53. The 50-Day Moving Average of the stock is -2.70%, while the 200-Day Moving Average is calculated to be -30.83%.
Shares Statistics:
IEP traded an average of 1.15M shares per day over the past three months and 947380 shares per day over the past ten days. A total of 504.00M shares are outstanding, with a floating share count of 52.64M. Insiders hold about 89.56% of the company’s shares, while institutions hold 0.74% stake in the company. Shares short for IEP as of 1736899200 were 11310494 with a Short Ratio of 9.80, compared to 1734048000 on 11670150. Therefore, it implies a Short% of Shares Outstanding of 11310494 and a Short% of Float of 8.34.
Dividends & Splits
With its trailing 12-month dividend rate of 4.0, IEP has a forward annual dividend rate of 3.50. Against a Trailing Annual Dividend Yield of 0.40588537The stock’s 5-year Average Dividend Yield is 20.52.