IAC (IAC) Scheduled to Post Earnings on Tuesday

IAC (NASDAQ:IAC - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect IAC to post earnings of ($1.07) per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

IAC (NASDAQ:IAC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 13th. The company reported ($0.73) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.53). IAC had a net margin of 6.09% and a negative return on equity of 4.15%. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. On average, analysts expect IAC to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

IAC Stock Down 2.8 %

Shares of IAC stock traded down $1.35 during trading hours on Tuesday, reaching $47.56. 518,890 shares of the company's stock were exchanged, compared to its average volume of 546,014. The stock has a market cap of $3.81 billion, a P/E ratio of 19.35 and a beta of 1.32. The company has a 50 day moving average of $51.97 and a two-hundred day moving average of $50.28. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 0.30. IAC has a fifty-two week low of $41.39 and a fifty-two week high of $69.85.

Analyst Ratings Changes

IAC has been the subject of several recent research reports. KeyCorp increased their price target on IAC from $68.00 to $70.00 and gave the company an "overweight" rating in a research report on Tuesday, February 13th. UBS Group boosted their target price on shares of IAC from $60.00 to $64.00 and gave the stock a "neutral" rating in a report on Thursday, February 15th. Truist Financial increased their price target on shares of IAC from $77.00 to $80.00 and gave the company a "buy" rating in a research note on Thursday, February 15th. Finally, Barclays boosted their price objective on shares of IAC from $62.00 to $72.00 and gave the stock an "overweight" rating in a research note on Thursday, February 15th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, IAC presently has a consensus rating of "Moderate Buy" and a consensus target price of $78.69.

IAC Company Profile

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.