(IEP) Icahn Enterprises - Ratings and Ratios

Icahn Enterprises L.P. (NASDAQ:IEP) is a diversified conglomerate engaged in multiple industries, including investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals. The company operates through various subsidiaries, leveraging its proprietary capital and expertise to drive value across its portfolio.

The Investment segment manages private investment funds and provides advisory, administrative, and back-office services. The Energy segment focuses on refining and marketing petroleum products, including gasoline, diesel, and jet fuel, as well as renewable fuels such as renewable diesel. It also produces nitrogen fertilizers like urea, ammonium nitrate, and ammonia. The Automotive segment offers repair and maintenance services, sells aftermarket parts, and retails automotive-related merchandise. The Food Packaging segment manufactures casings for processed meat products, including cellulosic, fibrous, and plastic casings.

The Real Estate segment invests in properties such as land, retail, office, and industrial assets, and engages in the development and sale of single-family homes. It also operates a resort and two country clubs. The Home Fashion segment produces and distributes consumer products for home decor and furnishings. The Pharma segment develops and markets pharmaceutical products, including approved therapies and product candidates.

Founded in 1987 and headquartered in Sunny Isles Beach, Florida, Icahn Enterprises has established itself as a significant player in the industrial conglomerates sector. Its diversified business model allows it to capitalize on opportunities across various industries, supported by a strong operational framework.

Ticker Symbol: IEP
Exchange: NASDAQ
Type: common stock
Country Origin: United States
GICS Sub Industry: Industrial Conglomerates

3-Month Forecast:
Based on the provided data, IEP is expected to face resistance at the SMA 50 level of 9.09, with potential support near 8.00. The stocks price is currently below its key moving averages, indicating bearish momentum. The ATR of 0.37 suggests moderate volatility, with potential price swings of ±0.37 from the current level of 8.51. The negative RoE of -8.79% may weigh on investor sentiment, while the forward P/E of 28.82 indicates expectations of future growth. The stocks performance will likely hinge on its ability to improve profitability and meet growth expectations.