Icahn Enterprises L P (NASDAQ: IEP) kicked off on Monday, up 3.13% from the previous trading day, before settling in for the closing price of $13.11. Over the past 52 weeks, IEP has traded in a range of $9.72-$22.59.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 9.36%. While this was happening, its average annual earnings per share was recorded 76.00%. With a float of $474.92 million, this company’s outstanding shares have now reached $475.46 million.
The extent of productivity of a business whose workforce counts for 15038 workers is very important to gauge.
Icahn Enterprises L P (IEP) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of Icahn Enterprises L P is 0.12%, while institutional ownership is 86.24%.
Icahn Enterprises L P (IEP) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.01 earnings per share (EPS), lower than consensus estimate (set at 0.34) by -0.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 76.00% per share during the next fiscal year.
Icahn Enterprises L P (NASDAQ: IEP) Trading Performance Indicators
Take a look at Icahn Enterprises L P’s (IEP) current performance indicators. Last quarter, stock had a quick ratio of 2.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.59. Likewise, its price to free cash flow for the trailing twelve months is 3.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 0.81 in one year’s time.
Technical Analysis of Icahn Enterprises L P (IEP)
The latest stats from [Icahn Enterprises L P, IEP] show that its last 5-days average volume of 0.85 million was inferior to 0.87 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 64.37%. Additionally, its Average True Range was 0.64.
During the past 100 days, Icahn Enterprises L P’s (IEP) raw stochastic average was set at 40.51%, which indicates a significant decrease from 94.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.51% in the past 14 days, which was higher than the 50.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.59, while its 200-day Moving Average is $16.76. Now, the first resistance to watch is $13.71. This is followed by the second major resistance level at $13.91. The third major resistance level sits at $14.21. If the price goes on to break the first support level at $13.21, it is likely to go to the next support level at $12.91. The third support level lies at $12.71 if the price breaches the second support level.
Icahn Enterprises L P (NASDAQ: IEP) Key Stats
The company with the Market Capitalisation of 6.43 billion has total of 451,194K Shares Outstanding. Its annual sales at the moment are 10,847 M in contrast with the sum of -684,000 K annual income. Company’s last quarter sales were recorded 2,201 M and last quarter income was -331,000 K.
