Icahn Enterprises L P (NASDAQ:IEP) does about 720.48K shares in volume on a normal day but saw 1088001 shares change hands in the recent trading day. The company now has a market cap of 4.57B USD. Its current market price is $8.36, marking a decrease of -0.36% compared to the previous close of $8.39. The 52 week high reached by this stock is $17.93 whilst the lowest price level in 52 weeks is $7.27.
The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 30.33% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 03, 2017 when UBS reiterated the stock to “Sell” and issued a price target of between $30 and $40. UBS downgraded the stock to “Sell” from Neutral on August 18, 2016 at a price target of $52-$30. UBS reiterated its price target at $88-$93.
The current price level is -3.88%, -3.20%, and -21.07% away from its SMA20, SMA50, and SMA200 respectively, with the IEP price moving above the 50-day SMA on current market day. Icahn Enterprises L P (IEP) stock is down -1.42% over the week and -4.46% over the past month. Its price is -3.58% year-to-date and -50.30% over the past year.
To reach the target analysts have set, the stock logically needs to grow 30.33 percent from here.
Outstanding shares total 522.74M with insiders holding 0.08% of the shares and institutional holders owning 87.42% of the company’s common stock. The company has a return on investment of -8.24% and return on equity of -26.60%. The forward price to earnings ratio is 10.58. The beta has a value of 0.67. Price to book ratio is 1.71 and price to sales ratio is 0.46.
