With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.35 million shares. During the session, the Oil & Gas Refining & Marketing company that operates in wider Energy sector, reached to the highest price of $11.43 whereas the lowest price it dropped to was $11.1101. The 52-week range on IEP shows that it touched its highest point at $22.59 and its lowest point at $9.72 during that stretch. It currently has a 1-year price target of $15.00. With its current market cap of 5.63 billion, IEP has annualized dividend of $3.50 while the current yield stands at 31.31%. IEP paid its most recent dividend on 1731888000, while the ex-dividend date for that was 1731888000. Beta for the stock currently stands at 0.69.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IEP was down-trending over the past week, with a drop of -7.53%, but this was down by -27.07% over a month. Three-month performance dropped to -19.22% while six-month performance fell -32.65%. The stock lost -35.23% in the past year, while it has lost -34.96% so far this year. A look at the trailing 12-month EPS for IEP yields -1.09 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.18. This implies an EPS growth rate of 68.61% for this year and 245.32% for next year.
Float and Shares Shorts:
At present, 504.00 million IEP shares are outstanding with a float of 503.39 million shares on hand for trading. On 2024-10-31, short shares totaled 11.03 million, which was 219.0 higher than short shares on 1727654400. In addition to Mr. Andrew Teno as the firm’s President, CEO & Director of Icahn Enterprises GP, Inc., Mr. Robert E. Flint serves as its Chief Accounting Officer & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 0.86807 of IEP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, IEP reported revenue of $2413000000.0 and operating income of -$167000000.0. The EBITDA in the recently reported quarter was $71000000.0 and diluted EPS was $0.05.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With IEP analysts setting a high price target of 15.0 and a low target of 15.0, the average target price over the next 12 months is 15.0. Based on these targets, IEP could surge 34.17% to reach the target high and rise by 34.17% to reach the target low. Reaching the average price target will result in a growth of 34.17% from current levels.
Analysts have provided yearly estimates in a range of -$0.54927 being high and -$0.54927 being low. For IEP, this leads to a yearly average estimate of -$0.54927. The surprise factor in the prior quarter was $0.19. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
