A share price of Icahn Enterprises L P [IEP] is currently trading at $14.27, up 1.78%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IEP shares have gain 4.31% over the last week, with a monthly amount glided 38.81%, and 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.
Icahn Enterprises L P experienced fluctuations in its stock price throughout the past year between $9.72 and $22.59. Icahn Enterprises L P [NASDAQ: IEP] shares were valued at $14.27 at the most recent close of the market.
Analyzing the IEP fundamentals
Trailing Twelve Months sales for Icahn Enterprises L P [NASDAQ:IEP] were 10.95B which represents -9.95% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.48.
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 13.95 points at the first support level, and at 13.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.48, and for the 2nd resistance point, it is at 14.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Icahn Enterprises L P [NASDAQ:IEP] is 3.14. Further, the Quick Ratio stands at 2.83, while the Cash Ratio is 1.29. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 1.94.
