Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Icahn Enterprises L P (NASDAQ: IEP) closed at $8.94 down -1.87% from its previous closing price of $9.11. In other words, the price has decreased by -$1.87 from its previous closing price. On the day, 1.98 million shares were traded. IEP stock price reached its highest trading level at $9.14 during the session, while it also had its lowest trading level at $8.94.
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 0.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.81. 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 4505786880 and an Enterprise Value of 10592790528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 1.053 whereas that against EBITDA is 28.172.
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 $8.98. The 50-Day Moving Average of the stock is -24.16%, while the 200-Day Moving Average is calculated to be -40.01%.
Shares Statistics:
For the past three months, IEP has traded an average of 1.05M shares per day and 1496680 over the past ten days. A total of 504.00M shares are outstanding, with a floating share count of 70.22M. Insiders hold about 86.07% of the company’s shares, while institutions hold 0.75% stake in the company. Shares short for IEP as of 1734048000 were 11670150 with a Short Ratio of 11.12, compared to 1731628800 on 11777192. Therefore, it implies a Short% of Shares Outstanding of 11670150 and a Short% of Float of 8.61.
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 0.43907794The stock’s 5-year Average Dividend Yield is 20.06.
