News coverage about Icahn Enterprises (NASDAQ:IEP) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Icahn Enterprises earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the conglomerate an impact score of 46.7273082312876 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Icahn Enterprises (NASDAQ:IEP) traded down $0.87 during mid-day trading on Monday, reaching $58.01. 139,941 shares of the company’s stock were exchanged, compared to its average volume of 109,183. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.76 and a quick ratio of 2.76. The company has a market cap of $9,810.00, a P/E ratio of 5.03 and a beta of 1.76. Icahn Enterprises has a twelve month low of $47.06 and a twelve month high of $61.50.
Icahn Enterprises (NASDAQ:IEP) last issued its earnings results on Friday, November 3rd. The conglomerate reported $3.57 EPS for the quarter. Icahn Enterprises had a net margin of 8.98% and a return on equity of 19.84%.
Several equities analysts recently commented on the stock. UBS Group upped their price target on shares of Icahn Enterprises from $39.00 to $42.00 and gave the company a “sell” rating in a report on Wednesday, November 8th. BidaskClub upgraded shares of Icahn Enterprises from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, ValuEngine downgraded shares of Icahn Enterprises from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. Icahn Enterprises has a consensus rating of “Hold” and a consensus target price of $51.50.
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Icahn Enterprises Company Profile
Icahn Enterprises L.P. (Icahn Enterprises) is a holding company. The Company’s segments include Automotive, Energy, Metals, Railcar, Gaming, Food Packaging, Mining, Real Estate and Home Fashion. The Company’s Investment segment includes various private investment funds. The Company operates its Automotive segment through its ownership in Federal-Mogul Holdings Corporation and IEH Auto Parts Holding LLC.
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