IAC (IAC) Stock Price, News & Analysis

Company Overview

IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. The company is headquartered in New York, New York.

Key Stats

• Today's Range: $47.04 to $47.90
• 50-Day Range: $46.95 to $55.10
• 52-Week Range: $43.51 to $58.29
• Volume: 471,430 shs
• Average Volume: 665,214 shs
• Market Capitalization: $3.81 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $70.36
• Consensus Rating: Moderate Buy

IAC Stock Analysis - MarketRank™

IAC scored higher than 90% of companies evaluated by MarketBeat, and ranked 5th out of 26 stocks in the multi-sector conglomerates sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

IAC has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

IAC has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for IAC are expected to grow in the coming year, from ($3.97) to ($0.99) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of IAC is -110.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of IAC is -110.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

IAC has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.56% of the float of IAC has been sold short.

Short Interest Ratio / Days to Cover

IAC has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in IAC has recently decreased by 8.53%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

IAC does not currently pay a dividend.

Dividend Growth

IAC does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.56% of the float of IAC has been sold short.

Short Interest Ratio / Days to Cover

IAC has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in IAC has recently decreased by 8.53%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.92

News Sentiment

IAC has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Multi-Sector Conglomerates companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for IAC this week, compared to 8 articles on an average week.

Search Interest

21 people have searched for IAC on MarketBeat in the last 30 days. This is an increase of 2,000% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added IAC to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, IAC insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.50% of the stock of IAC is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

88.90% of the stock of IAC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IAC Stock Analysis - Frequently Asked Questions

How have IAC shares performed this year?

IAC's stock was trading at $52.38 at the beginning of 2024. Since then, IAC stock has decreased by 9.0% and is now trading at $47.65.
View the best growth stocks for 2024 here.

How were IAC's earnings last quarter?

IAC Inc. (NASDAQ:IAC) released its quarterly earnings results on Tuesday, November, 12th. The company reported ($2.93) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by $2.73. The company's quarterly revenue was down 15.5% compared to the same quarter last year.

Who are IAC's major shareholders?

Top institutional investors of IAC include UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (3.54%), State Street Corp (2.93%), ArrowMark Colorado Holdings LLC (1.97%) and ShawSpring Partners LLC (1.97%). Insiders that own company stock include Iac Inc and Michael D Eisner.
View institutional ownership trends.

How do I buy shares of IAC?

Shares of IAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of IAC own?

Based on aggregate information from My MarketBeat watchlists, some other companies that IAC investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Humana (HUM), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/29/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Multi-Sector Conglomerates
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:IAC
• Previous Symbol: NASDAQ:IACI
• CUSIP: N/A
• CIK: 891103
• Web: www.iac.com
• Phone: (212) 314-7300
• Fax: N/A
• Employees: 9,500
• Year Founded: 1995

Price Target and Rating

• Average Stock Price Target: $70.36
• High Stock Price Target: $110.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +48.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.91
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.43)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $265.94 million
• Net Margins: -0.34%
• Pretax Margin: 0.24%
• Return on Equity: -5.63%
• Return on Assets: -3.69%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 2.75
• Quick Ratio: 2.75

Sales & Book Value

• Annual Sales: $4.37 billion
• Price / Sales: 0.87
• Cash Flow: $2.53 per share
• Price / Cash Flow: 18.68
• Book Value: $80.20 per share
• Price / Book: 0.59

Miscellaneous

• Outstanding Shares: 80,480,000
• Free Float: 63,981,000
• Market Cap: $3.81 billion
• Optionable: Optionable
• Beta: 1.33