Icahn Enterprises (IEP) Set to Announce Earnings on Tuesday
Icahn Enterprises (NASDAQ:IEP) will be announcing its earnings results before the market opens on Tuesday, February 27th. Analysts expect the company to announce earnings of $0.56 per share for the quarter.
Icahn Enterprises (NASDAQ IEP) opened at $56.95 on Tuesday. Icahn Enterprises has a twelve month low of $47.06 and a twelve month high of $59.88. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $9,630.00, a P/E ratio of 4.94 and a beta of 1.55.
A number of equities analysts have recently issued reports on IEP shares. BidaskClub cut Icahn Enterprises from a “sell” rating to a “strong sell” rating in a report on Wednesday, December 20th. UBS Group increased their target price on Icahn Enterprises from $39.00 to $42.00 and gave the stock a “sell” rating in a report on Wednesday, November 8th. Finally, ValuEngine cut Icahn Enterprises from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th. Two research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. Icahn Enterprises has an average rating of “Hold” and a consensus price target of $51.50.
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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