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IEP
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
7.09B

IEP Icahn Enterprises LP Forecast, Technical & Fundamental Analysis

an industrial conglomerate which operates as a diversified holdings company, which engages in the of businesses, including investment, automotive, energy, gaming, railcar, food packaging, metals, real estate and home fashion

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for IEP with price predictions
07:00 PM EST Dec 05, 2023

IEP in downward trend: price may decline as a result of having broken its higher Bollinger Band on November 03, 2023

IEP broke above its upper Bollinger Band on November 03, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 40 similar instances where the stock broke above the upper band. In of the 40 cases the stock fell afterwards. This puts the odds of success at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for IEP moved out of overbought territory on November 08, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for IEP turned negative on November 20, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

IEP moved below its 50-day moving average on November 16, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for IEP crossed bearishly below the 50-day moving average on November 22, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IEP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for IEP entered a downward trend on November 03, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where IEP's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 05, 2023. You may want to consider a long position or call options on IEP as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IEP advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.046) is normal, around the industry mean (7.196). IEP's P/E Ratio (169.492) is considerably higher than the industry average of (15.965). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.925). IEP's Dividend Yield (0.349) is considerably higher than the industry average of (0.056). P/S Ratio (0.493) is also within normal values, averaging (0.668).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. IEP’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. IEP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are MARATHON PETROLEUM Corp (NASDAQ:MPC), Phillips 66 (NASDAQ:PSX), Valero Energy Corp (NASDAQ:VLO).

Industry description

The Oil Refining/Marketing segment includes companies that refine crude oil into a number of petroleum products, including gasoline, jet fuel and diesel, and then sell the usable products to the end users. These companies are involved in what’s called downstream operations in the oil business. They also engage in the marketing and distribution of crude oil and natural gas products. In other words, the downstream oil and gas business is focused on post-production processes of crude oil and natural gas. When oil prices slump, downstream businesses are hurt less or in some cases even benefit, since their purchase cost of crude oil goes down. Some of the biggest U.S. oil refining/marketing companies include Phillips 66, Marathon Petroleum Corporation and Valero Energy Corp.

Market Cap

The average market capitalization across the Oil Refining/Marketing Industry is 6.43B. The market cap for tickers in the group ranges from 107.69K to 57.49B. MPC holds the highest valuation in this group at 57.49B. The lowest valued company is AMCF at 107.69K.

High and low price notable news

The average weekly price growth across all stocks in the Oil Refining/Marketing Industry was 0%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 4%. QREE experienced the highest price growth at 43%, while SPTJF experienced the biggest fall at -33%.

Volume

The average weekly volume growth across all stocks in the Oil Refining/Marketing Industry was -2%. For the same stocks of the Industry, the average monthly volume growth was 24% and the average quarterly volume growth was -23%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 47
P/E Growth Rating: 55
Price Growth Rating: 51
SMR Rating: 49
Profit Risk Rating: 74
Seasonality Score: 29 (-100 ... +100)
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A.I. Advisor
published Earnings

IEP is expected to report earnings to fall 3,300.00% to 31 cents per share on February 29

Icahn Enterprises LP IEP Stock Earnings Reports
Q4'23
Est.
$0.32
Q3'23
Missed
by $0.35
Q2'23
Missed
by $0.97
Q1'23
Missed
by $0.94
Q4'22
Missed
by $0.89
The last earnings report on November 03 showed earnings per share of 0 cents, missing the estimate of 34 cents. With 566.00K shares outstanding, the current market capitalization sits at 7.09B.
A.I.Advisor
published Dividends

IEP is expected to pay dividends on December 27, 2023

Icahn Enterprises LP IEP Stock Dividends
A dividend of $1.00 per share will be paid with a record date of December 27, 2023, and an ex-dividend date of November 16, 2023. The last dividend of $1.00 was paid on September 27. Read more...
A.I. Advisor
published General Information

General Information

an industrial conglomerate which operates as a diversified holdings company, which engages in the of businesses, including investment, automotive, energy, gaming, railcar, food packaging, metals, real estate and home fashion

Industry OilRefiningMarketing

Profile
Fundamentals
Details
Industry
Industrial Conglomerates
Address
16690 Collins Avenue, PH-1
Phone
+1 305 422-4100
Employees
20041
Web
https://www.ielp.com
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IEP and

Correlation & Price change

A.I.dvisor indicates that over the last year, IEP has been loosely correlated with CODI. These tickers have moved in lockstep 43% of the time. This A.I.-generated data suggests there is some statistical probability that if IEP jumps, then CODI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IEP
1D Price
Change %
IEP100%
-0.75%
CODI - IEP
43%
Loosely correlated
-0.05%
VMI - IEP
33%
Loosely correlated
-0.66%
BPT - IEP
33%
Poorly correlated
-1.53%
HON - IEP
33%
Poorly correlated
+0.43%
MDU - IEP
32%
Poorly correlated
+0.68%
More

Groups containing IEP

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IEP
1D Price
Change %
IEP100%
-0.75%
railcars
(undefined stocks)
72%
Closely correlated
-0.48%
industrial conglomerate
(undefined stocks)
32%
Poorly correlated
+0.95%
cars
(undefined stocks)
27%
Poorly correlated
+0.07%
energy
(undefined stocks)
27%
Poorly correlated
-0.40%
investment
(undefined stocks)
25%
Poorly correlated
-0.42%
More