On Friday, Icahn Enterprises L P (NASDAQ: IEP) was -0.34% drop from the session before settling in for the closing price of $8.78. A 52-week range for IEP has been $7.27 – $12.72.
A company in the Energy sector has jumped its sales by 29.52% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 20.21%. With a float of $55.82 million, this company’s outstanding shares have now reached $600.21 million.
Icahn Enterprises L P (IEP) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Icahn Enterprises L P stocks. The insider ownership of Icahn Enterprises L P is 99.49%, while institutional ownership is 0.79%.
Icahn Enterprises L P (IEP) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.19 earnings per share (EPS) during the time that was less than consensus figure (set at 0.18) by -0.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
Icahn Enterprises L P (NASDAQ: IEP) Trading Performance Indicators
You can see what Icahn Enterprises L P (IEP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.79, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.54 in one year’s time.
Technical Analysis of Icahn Enterprises L P (IEP)
Let’s dig in a bit further. During the last 5-days, its volume was 1.48 million. That was better than the volume of 0.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 64.19%.
During the past 100 days, Icahn Enterprises L P’s (IEP) raw stochastic average was set at 44.75%, which indicates a significant decrease from 58.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.26 in the past 14 days, which was higher than the 0.21 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.34, while its 200-day Moving Average is $8.83. However, in the short run, Icahn Enterprises L P’s stock first resistance to watch stands at $8.84. Second resistance stands at $8.93. The third major resistance level sits at $9.06. If the price goes on to break the first support level at $8.62, it is likely to go to the next support level at $8.49. Assuming the price breaks the second support level, the third support level stands at $8.40.
Icahn Enterprises L P (NASDAQ: IEP) Key Stats
There are 600,208K outstanding shares of the company, which has a market capitalization of 5.25 billion. As of now, sales total 10,020 M while income totals -445,000 K. Its latest quarter income was 2,725 M while its last quarter net income were 287,000 K.
