
To get the latest IEP stock quote and financial data, you can visit the company's investor relations website. This is the most up-to-date source of information on IEP's current stock performance.
IEP's stock quote can also be found on popular financial websites such as Yahoo Finance, Google Finance, or Bloomberg. These websites provide real-time stock prices and charts.
For a more detailed view of IEP's financial data, you can access its quarterly and annual reports, which are available on its investor relations website. These reports provide a comprehensive overview of the company's financial performance.
IEP's stock symbol is listed on the OTCBB, which is a platform for trading securities that are not listed on major exchanges.
A fresh viewpoint: Google Finance Stock
Financial Data
Icahn Enterprises L.P.'s revenue in 2023 was $10.83 billion, a significant decrease from the previous year's $14.19 billion.
This decline in revenue resulted in a substantial loss of -$670.00 million, marking a 274.3% increase in losses compared to 2022.
The company's financial performance in 2023 was clearly impacted by a range of factors, with the exact causes remaining unclear.
Company News
Icahn Enterprises is planning to slash its dividend payout in order to fund a bigger war chest. This move is aimed at giving the company more financial flexibility.
The company's dividend payout is set to be halved, which will free up more money for Icahn Enterprises to invest in its operations and other strategic initiatives.
Analyst Insights
On August 7, 2023, Jefferies & Company Inc. maintained a Buy rating for Icahn Enterprises' stock, with a price target of $27.
Analysts like Jefferies & Company Inc. have been following Icahn Enterprises' stock closely, providing valuable insights for investors.
In their analysis, Jefferies & Company Inc. maintained a Buy rating, indicating a positive outlook for the company's stock.
For more insights, see: Investing Penny Stocks
Insider Activity
ICAHN CARL C, the CEO of Icahn Enterprises, has been consistently buying shares of the company. He purchased 17,581,237 shares on December 25, 2024, at a price of $9.76.
The CEO's buying activity suggests confidence in the company's future prospects. He has been increasing his stake in the company over the years, with a total of 450,788,170 shares held as of December 25, 2024.
Worth a look: What Are Stock Shares
ICAHN CARL C's buying activity is not limited to a single transaction. He made several large purchases in 2024, including 26,892,947 shares on September 24, 2024, and 20,418,007 shares on June 24, 2024.
His buying activity is a positive sign for the company's stock price. ICAHN CARL C's purchases are a vote of confidence in the company's ability to generate returns for shareholders.
Here's a breakdown of ICAHN CARL C's buying activity in 2024:
ICAHN CARL C's buying activity is not the only insider activity worth noting. Papapostolou Ted, another insider, sold 28,516 shares on September 25, 2024, at a price of $15.13.
The sale by Papapostolou Ted is a negative sign for the company's stock price. However, it's worth noting that he also bought 28,516 shares on the same day, which could be a sign of a long-term investment strategy.
Overall, the insider activity in Icahn Enterprises suggests a positive outlook for the company's future prospects. ICAHN CARL C's consistent buying activity is a vote of confidence in the company's ability to generate returns for shareholders.
Curious to learn more? Check out: Jollibee Stock Code
Competitors
In the competitive landscape of analyst insights, several key players have emerged as notable competitors.
IBM's Watson Analytics is a powerful tool that leverages machine learning and natural language processing to provide actionable insights to businesses.
Its ability to analyze large datasets and identify trends has made it a popular choice among companies looking to make data-driven decisions.
Google Cloud's AI Platform is another major competitor in the analyst insights market, offering a range of tools and services for building, deploying, and managing machine learning models.
Its AutoML (Auto Machine Learning) feature allows users to train machine learning models without extensive expertise in the field.
Microsoft's Power BI is a business analytics service that enables users to create interactive visualizations and business intelligence reports.
Its ability to connect to a wide range of data sources has made it a go-to choice for companies looking to integrate data from multiple systems.
SAS's Visual Analytics is a powerful tool for data exploration and visualization, offering a range of features and capabilities for creating interactive dashboards and reports.
Its ability to handle large datasets and provide real-time insights has made it a popular choice among companies in the financial and healthcare industries.
Longstanding Nav Premium
Icahn Enterprises has a longstanding history of trading at a premium to its Net Asset Value, or NAV. This is a significant factor for investors to consider.
In fact, the company's stock price is often higher than the value of its assets, even when the proposed NAV is taken into account. This suggests that investors are willing to pay a premium for the company's shares.
IEP has consistently maintained this premium over the years, making it an attractive option for value investors who are looking for a potential long-term gain.
Frequently Asked Questions
Is IEP a good stock to buy?
IEP is considered undervalued with strong upside potential. Consider investing in IEP for potential long-term gains.
Who owns the most IEP stock?
The largest individual shareholder of Icahn Enterprises is Carl C. Icahn, who owns over 1.11 billion shares. This represents a significant portion of the company's stock, exceeding 220% of its total ownership.
Is IEP undervalued?
Yes, IEP is undervalued by 55% based on its intrinsic value of $19.98 USD compared to its current market price of $8.94 USD. Further analysis reveals the potential for significant growth.
What is IEP invested in?
Icahn Enterprises LP invests in various sectors through eight business segments, including private investment funds, automotive, energy, and real estate, among others. Its diverse portfolio encompasses a wide range of industries and assets.
Featured Images: pexels.com