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Icahn Enterprises L P (NASDAQ: IEP) closed the day trading at $8.13 down -0.25% from the previous closing price of $8.15. In other words, the price has decreased by -$0.25% from its previous closing price. On the day, 0.83 million shares were traded. IEP stock price reached its highest trading level at $8.2012 during the session, while it also had its lowest trading level at $8.07.
Ratios:
For a better understanding of IEP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.39. 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.
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 4439679488 and an Enterprise Value of 10734680064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 1.14 whereas that against EBITDA is -85.196.
Stock Price History:
The Beta on a monthly basis for IEP is 0.67, which has changed by -0.50667477 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. 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 -5.56%, while the 200-Day Moving Average is calculated to be -21.40%.
Shares Statistics:
Over the past 3-months, IEP traded about 734.44K shares per day on average, while over the past 10 days, IEP traded about 764390 shares per day. 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. Shares short for IEP as of 1748563200 were 12007199 with a Short Ratio of 16.35, compared to 1745971200 on 11484003. Therefore, it implies a Short% of Shares Outstanding of 12007199 and a Short% of Float of 12.65.
Dividends & Splits
IEP’s forward annual dividend rate is 2.50, up from 3.0 a year ago. Against a Trailing Annual Dividend Yield of 0.36809817The stock’s 5-year Average Dividend Yield is 22.1.
