For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Icahn Enterprises L P (NASDAQ: IEP) closed at $10.69 down -1.20% from its previous closing price of $10.81. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 1.3 million shares were traded. IEP stock price reached its highest trading level at $11.03 during the session, while it also had its lowest trading level at $10.65.
Ratios:
For a deeper understanding of Icahn Enterprises L P’s stock, let’s take a closer look at its various ratios. 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 13.17. 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 5450792960 and an Enterprise Value of 11472276480. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 1.141 whereas that against EBITDA is 30.511.
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 -17.85%, while the 200-Day Moving Average is calculated to be -31.50%.
Shares Statistics:
For the past three months, IEP has traded an average of 1.17M shares per day and 758990 over the past ten days. A total of 504.00M shares are outstanding, with a floating share count of 44.18M. Insiders hold about 91.23% of the company’s shares, while institutions hold 0.76% stake in the company. Shares short for IEP as of 1731628800 were 11777192 with a Short Ratio of 10.10, compared to 1728950400 on 10597513. Therefore, it implies a Short% of Shares Outstanding of 11777192 and a Short% of Float of 8.6899996.
Dividends & Splits
According to the company, the forward annual dividend rate for IEP is 3.50, from 4.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.3698567The stock’s 5-year Average Dividend Yield is 20.06.
