At the time of writing, Icahn Enterprises L P [IEP] stock is trading at $12.94, down -1.37%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IEP shares have gain 19.81% over the last week, with a monthly amount drifted -16.35%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Icahn Enterprises L P [NASDAQ: IEP] stock has seen the most recent analyst activity on March 03, 2017, when UBS reiterated its Sell rating and also boosted its price target to $40 from $30. Previously, UBS downgraded its rating to Sell on August 18, 2016, and dropped its price target to $30. On March 02, 2015, UBS reiterated its Neutral rating and revised its price target to $93 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $88 on January 20, 2015.
For the past year, the stock price of Icahn Enterprises L P fluctuated between $9.72 and $22.59. Icahn Enterprises L P [NASDAQ: IEP] shares were valued at $12.94 at the most recent close of the market.
Analyzing the IEP fundamentals
According to Icahn Enterprises L P [NASDAQ:IEP], the company’s sales were 10.95B for trailing twelve months, which represents an -9.95% plunge. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.08 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.74 points at the first support level, and at 12.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.13, and for the 2nd resistance point, it is at 13.32.
Ratios To Look Out For
It is important to note that Icahn Enterprises L P [NASDAQ:IEP] has a current ratio of 3.14. In addition, the Quick Ratio stands at 2.83 and the Cash Ratio stands at 1.29. Considering the valuation of this stock, the price to sales ratio is 0.56, the price to book ratio is 1.76.
