Icahn Enterprises (NASDAQ:IEP – Get Free Report) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Sunday.
Icahn Enterprises Stock Performance
Shares of IEP opened at $9.50 on Friday. The company has a debt-to-equity ratio of 1.34, a current ratio of 4.61 and a quick ratio of 4.61. Icahn Enterprises has a one year low of $8.53 and a one year high of $19.10. The firm has a market capitalization of $4.97 billion, a P/E ratio of -8.72 and a beta of 0.85. The business has a fifty day moving average of $9.68 and a 200 day moving average of $11.21.
Icahn Enterprises (NASDAQ:IEP – Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The conglomerate reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.36). Icahn Enterprises had a negative net margin of 4.79% and a negative return on equity of 8.82%. The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.27 billion. As a group, sell-side analysts anticipate that Icahn Enterprises will post -0.55 EPS for the current year.
Institutional Investors Weigh In On Icahn Enterprises
Icahn Enterprises Company Profile
Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services.
Featured Stories
- Five stocks we like better than Icahn Enterprises
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- CD Calculator: Certificate of Deposit Calculator
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Best Stocks Under $5.00
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for Icahn Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Icahn Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.