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In the latest session, Icahn Enterprises L P (NASDAQ: IEP) closed at $16.18 down -4.71% from its previous closing price of $16.98. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 2.72 million shares were traded. IEP stock price reached its highest trading level at $16.4 during the session, while it also had its lowest trading level at $15.65.
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 1.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.67. 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 8073367040 and an Enterprise Value of 14519990272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 1.412 whereas that against EBITDA is 33.227.
Stock Price History:
Over the past 52 weeks, IEP has reached a high of $22.69, while it has fallen to a 52-week low of $14.69. The 50-Day Moving Average of the stock is -3.28%, while the 200-Day Moving Average is calculated to be -7.26%.
Shares Statistics:
For the past three months, IEP has traded an average of 665.79K shares per day and 1167190 over the past ten days. A total of 475.46M shares are outstanding, with a floating share count of 474.89M. Insiders hold about 0.12% of the company’s shares, while institutions hold 86.25% stake in the company. Shares short for IEP as of 1722384000 were 7355437 with a Short Ratio of 11.05, compared to 1719532800 on 7191810. Therefore, it implies a Short% of Shares Outstanding of 7355437 and a Short% of Float of 6.87.
Dividends & Splits
According to the company, the forward annual dividend rate for IEP is 4.00, from 4.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.2503129The stock’s 5-year Average Dividend Yield is 18.8.
Earnings Estimates
Investors are keenly observing as 1.0 analysts analyze and rate the current performance of Icahn Enterprises L P (IEP) in the stock market.The consensus estimate for the next quarter is $0.17, with high estimates of $0.17 and low estimates of $0.17.
Analysts are recommending an EPS of between -$0.42 and -$0.42 for the fiscal current year, implying an average EPS of -$0.42. EPS for the following year is $0.81, with 1.0 analysts recommending between $0.81 and $0.81.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $2.32B this quarter.It ranges from a high estimate of $2.32B to a low estimate of $2.32B. As of the current estimate, Icahn Enterprises L P’s year-ago sales were $2.99BFor the next quarter, 1 analysts are estimating revenue of $2.27B. There is a high estimate of $2.27B for the next quarter, whereas the lowest estimate is $2.27B.
A total of 1 analysts have provided revenue estimates for IEP’s current fiscal year. The highest revenue estimate was $9.19B, while the lowest revenue estimate was $9.19B, resulting in an average revenue estimate of $9.19B. In the same quarter a year ago, actual revenue was $11.08BBased on 1 analysts’ estimates, the company’s revenue will be $9.04B in the next fiscal year. The high estimate is $9.04B and the low estimate is $9.04B.
