If investors are looking for a stable dividend stock with upside, Icahn Enterprises L.P. (NASDAQ:IEP) could be one that fits the bill. The stock currently provides a dividend yield of 10.88% for the Conglomerates company.
On a consensus basis, analysts have a Buy/Sell rating of 2.50, which is based on a 1 to 5 scale. The sell-side is projecting that it will reach $58.00 within the next 12 months. This is a solid upside to a recent bid of $73.50. Successfully tackling the equity markets may involve owning a wide range of stocks. Some investors may prefer growth stocks while others may opt for value stocks. Having a good mix of both types may help build of solid foundation for the portfolio. Investors may choose stocks in a specific industry that is gaining strength. If the industry is on the rise, the portfolio may be more likely to succeed. Finding companies that are considered leaders in their field may also be on the investor checklist. A company that has a large presence may help ease investor worry, especially in a down market climate. Finding the perfect stocks to add to the portfolio may not always be easy, and in fact it may be quite difficult. Investors may have to lay out goals to help keep things on track for both the short-term and the long haul.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Icahn Enterprises L.P. (NASDAQ:IEP)’s stock was 28.77%. Over the last week of the month, it was 0.75%, 12.64% over the last quarter, and 13.51% for the past six months.
Over the past 50 days, Icahn Enterprises L.P. stock’s -6.18% off of the high and 9.77% removed from the low. Their 52-Week High and Low are noted here. -10.23% (High), 46.04%, (Low).
Fundamental analysis examines the financial elements of a company, for example; sales, cash flow, profit and balance sheet. These numbers are then crunched to create theoretical valuations of companies.
Earnings Per Share (EPS) is the earnings made by a company divided by their number of shares. EPS enables the earnings of a company to easily be compared to their competitors. The higher the number, the more profit per dollar is being made on investor capital. Icahn Enterprises L.P.’s EPS for the trailing 12 months is 1.67. Their EPS should be compared to other companies in the Conglomerates sector.
Price-to-Earnings Ratio is the current share price divided by annual earnings per share. P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels. Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively. Icahn Enterprises L.P.’s P/E ratio is 44.09.
Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Analysts use common formulas and ratios to accomplish this.
Icahn Enterprises L.P. (NASDAQ:IEP)’s RSI (Relative Strength Index) is 54.35. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.
Investors may be searching high and low for the secret to attaining success in the markets. Knowing when to sell can be just as important as deciding which stocks to buy. Holding on to a loser for too long may leave a sour taste in the mouth. Investors may have unrealistic expectations about a particular name. Knowing when to cut and run can be a gigantic savior for overall portfolio health. Of course if investors end up selling winners too early, they will most likely be leaving too much profit on the table. Finding a good balance and knowing overall market conditions can help with the decision if the time has come. Closely tracking fundamentals and technicals can help give some insight into stock price behavior. Making sure company earnings are in line may also be a wise choice when investing in a recently researched stock.