Icahn Enterprises L P [IEP] stock is trading at $9.53, saw in change for the day. 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 6.24% over the last week, with a monthly amount drifted -2.46%, and not seem to be holding up well over a long-time horizon.
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 [IEP] stock has fluctuated between $8.53 and $22.59 over the past year. Icahn Enterprises L P [NASDAQ: IEP] shares were valued at $9.53 at the most recent close of the market.
Analyzing the IEP fundamentals
Icahn Enterprises L P [NASDAQ:IEP] reported sales of 10.54B for the trailing twelve months, which represents a drop of -12.99%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.11 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.34.
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 9.32 points at the first support level, and at 9.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.67, and for the 2nd resistance point, it is at 9.81.
Ratios To Look Out For
For context, Icahn Enterprises L P’s Current Ratio is 2.62. In addition, the Quick Ratio stands at 2.37 and the Cash Ratio stands at 0.94. Considering the valuation of this stock, the price to sales ratio is 0.46, the price to book ratio is 1.41.
