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Lowest Return on Equity in the Industrial Conglomerates Industry Detected in Shares of Icahn Enterprises (IEP, GE, RAVN, CSL, ROP)

By James Quinn

Below are the three companies in the Industrial Conglomerates industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Icahn Enterprises ranks lowest with a ROE of -9.5%. Following is General Electric with a ROE of -5.9%. Raven Industries ranks third lowest with a ROE of 5.1%.

Carlisle Cos follows with a ROE of 12.9%, and Roper Industries rounds out the bottom five with a ROE of 13.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Icahn Enterprises on August 22nd, 2016 by issuing a Downtrend alert when the shares were trading at $50.75. Since that call, shares of Icahn Enterprises have fallen 9.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity Icahn Enterprises General Electric raven industries carlisle cos roper industries