Icahn Enterprises (IEP)
(Delayed Data from NSDQ)
$17.27 USD
+0.01 (0.06%)
Updated Apr 25, 2024 04:00 PM ET
After-Market: $17.26 -0.01 (-0.06%) 7:58 PM ET
5-Strong Sell of 5 5
C Value B Growth A Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
IEP 17.27 +0.01(0.06%)
Will IEP be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for IEP based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for IEP
Are Options Traders Betting on a Big Move in Icahn Enterprises (IEP) Stock?
CVR Energy (CVI) Key Part of Icahn Portfolio Despite Stake Cut
IEP: What are Zacks experts saying now?
Zacks Private Portfolio Services
Company News for Jul 11, 2023
First Citizen Bancshares and Icahn have been highlighted as Zacks Bull and Bear of the Day
Bear of the Day: Icahn Enterprises (IEP)
Other News for IEP
Peering Into Icahn Enterprises's Recent Short Interest
Largest borrow rate increases among liquid names
Carl Icahn Bolsters Stake in Icahn Enterprises LP
Canterbury Tollgate 2023 Investor Letter (Year End)
CTRI Stock IPO: 7 Things to Know as Centuri Starts Trading Today