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Icahn Enterprises L P (NASDAQ: IEP) closed the day trading at $8.53 down -3.94% from the previous closing price of $8.88. In other words, the price has decreased by -$3.94 from its previous closing price. On the day, 1.14 million shares were traded. IEP stock price reached its highest trading level at $8.9 during the session, while it also had its lowest trading level at $8.48.
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 0.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.75. 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 4658113536 and an Enterprise Value of 10953114624. 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 1.74. Its current Enterprise Value per Revenue stands at 1.163 whereas that against EBITDA is -86.929.
Stock Price History:
The Beta on a monthly basis for IEP is 0.70, which has changed by -0.48396856 over the last 52 weeks, in comparison to a change of 0.11936104 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 -4.03%, while the 200-Day Moving Average is calculated to be -23.47%.
Shares Statistics:
Over the past 3-months, IEP traded about 731.06K shares per day on average, while over the past 10 days, IEP traded about 1111660 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 1745971200 were 11484003 with a Short Ratio of 15.71, compared to 1743379200 on 12289446. Therefore, it implies a Short% of Shares Outstanding of 11484003 and a Short% of Float of 16.049999.
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 0.33783785The stock’s 5-year Average Dividend Yield is 21.87.
