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Is this Large Market Cap Stock target price reasonable for Icahn Enterprises, L.P. (NASDAQ:IEP)?

The company in question is, Icahn Enterprises, L.P. (NASDAQ:IEP) currently with a stock price of 46.28 (-0.57% today). The market cap for Icahn Enterprises, L.P. is 6538.4, and is in the sector Conglomerates, and Conglomerates industry. The target price for Icahn Enterprises, L.P. is 45.5. Currently Icahn Enterprises, L.P. is trading with a P/E of *TBA, and a forward P/E of 26.59. Average volume for Icahn Enterprises, L.P. is 137 and so far today it is 38730.

Performance in the last year for Icahn Enterprises, L.P. has been -34.47%. For EPS growth, Icahn Enterprises, L.P. has seen a growth of -201.90%, and is looking to grow in the next year to 123.40%. More long term stats show that EPS growth has been -43.60% over the last five years and could be *TBA for the next five years. Icahn Enterprises, L.P. has seen sales growth quarter over quarter at -12.40%, with EPS growth quarter over quarter at -130.00%. The 20-day simple moving average is -9.63%, with the 200-day simple moving average coming to -13.40%.

Since the IPO date for Icahn Enterprises, L.P. on the 7/24/1987, Icahn Enterprises, L.P. has seen performance year to date to be -18.14%. With Icahn Enterprises, L.P. trading at 46.28, the dividend yield is 12.89%, and the EPS is -18.68.

So could Icahn Enterprises, L.P., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 0.5 and the P/B is at 2.23. The P/cash is 2.5, with P/free cash flow at 14.73.

Icahn Enterprises, L.P. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 4.61, and total debt/equity at 4.61.

In terms of margins, Icahn Enterprises, L.P. has a gross margin of 0.80%, an operating margin of -32.90% and a profit margin of -18.70%.Payout ratio for Icahn Enterprises, L.P. is *TBA. Return on assets come to -7.00% with return on investment coming to -7.40%.

Insider ownership for Icahn Enterprises, L.P., is at 90.46% and institutional ownership comes to 99.80%. Outstanding shares are at 140.49. While shares float is 138.1. The float short is currently 0.51%, and short ratio is 5.17.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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