Icahn Enterprises (NASDAQ:IEP) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Thursday.
Shares of IEP traded up $0.59 on Thursday, reaching $66.04. The stock had a trading volume of 71,530 shares, compared to its average volume of 103,175. The stock has a market cap of $12.23 billion, a PE ratio of 20.28 and a beta of 1.31. The company has a quick ratio of 5.84, a current ratio of 5.84 and a debt-to-equity ratio of 0.64. Icahn Enterprises has a 12-month low of $50.33 and a 12-month high of $81.88.
Icahn Enterprises (NASDAQ:IEP) last released its earnings results on Thursday, November 8th. The conglomerate reported ($0.16) EPS for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($1.07). The firm had revenue of $2.69 billion during the quarter. Icahn Enterprises had a net margin of 5.29% and a return on equity of 4.76%.
Icahn Enterprises Company Profile
Icahn Enterprises L.P., through its subsidiaries, operates in investment, automotive, energy, railcar, gaming, metals, mining, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. Its Investment segment operates various private investment funds.
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