Icahn Enterprises L P (NASDAQ: IEP) is -46.43% lower on its value in year-to-date trading and has touched a low of $7.27 and a high of $17.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IEP stock was last observed hovering at around $8.75 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $8.86, the stock is 5.76% and 3.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 1.26% at the moment leaves the stock -13.14% off its SMA200. IEP registered 2.19% gain for a year compared to 6-month loss of -2.85%. The firm has a 50-day simple moving average (SMA 50) of $8.5902 and a 200-day simple moving average (SMA200) of $10.201.
The stock witnessed a 4.98% gain in the last 1 month and extending the period to 3 months gives it a 12.29%, and is 6.62% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.77% over the month.
Icahn Enterprises L P (IEP) has around 15037 employees, a market worth around $4.84B and $9.94B in sales. Fwd P/E is 11.22. Profit margin for the company is -8.18%. Distance from 52-week low is 21.87% and -50.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.24%).
Icahn Enterprises L P is expected to release its quarterly report on 08/01/2025.The EPS is expected to grow by 67.02% this year
127.0 institutions hold shares in Icahn Enterprises L P (IEP), with institutional investors hold 91.53% of the company’s shares. The shares outstanding are 522.74M, and float is at 28.17M with Short Float at 40.10%. Institutions hold 91.46% of the Float.
The top institutional shareholder in the company is ICAHN CARL C with over 406.31 million shares valued at $6.7 billion. The investor’s holdings represent 90.292 of the IEP Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 1.11 million shares valued at $18.21 million to account for 0.2456 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 0.93 million shares representing 0.2056 and valued at over $15.25 million, while FIRST TRUST ADVISORS LP holds 0.0888 of the shares totaling 0.4 million with a market value of $6.59 million.
