NASDAQ:IAC

IAC (IAC) Stock Forecast, Price & News

$50.50

+0.11 (+0.22%)

(As of 09:00 AM ET)

Compare

Today's Range: $50.50
▼
$50.50
50-Day Range: $49.82
▼
$69.62
52-Week Range: $41.52
▼
$69.85

Volume: 104 shs
Average Volume: 697,132 shs
Market Capitalization: $4.04 billion

P/E Ratio: 18.43
Dividend Yield: N/A
Price Target: $80.93

IAC MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.92 Rating Score
Upside/Downside: 60.6% Upside
$80.93 Price Target
Short Interest: Healthy
2.37% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.46
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.91) to ($1.36) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.07 out of 5 stars

Multi-Sector Conglomerates Sector

1st out of 18 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

4th out of 57 stocks

4.5

Analyst's Opinion

Consensus Rating
IAC has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $80.93, IAC has a forecasted upside of 60.6% from its current price of $50.39.
Amount of Analyst Coverage
IAC has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.37% 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 3.1, 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 10.71%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
IAC does not currently pay a dividend.
Dividend Growth
IAC does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IAC.

3.0

News and Social Media Coverage

News Sentiment
IAC has a news sentiment score of 0.46. 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 news sentiment score is similar to the average news sentiment of Multi-Sector Conglomerates companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for IAC this week, compared to 5 articles on an average week.
Search Interest
3 people have searched for IAC on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
2 people have added IAC to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IAC insiders have not sold or bought any company stock.
Percentage Held by Insiders
13.60% 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
85.60% of the stock of IAC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for IAC are expected to grow in the coming year, from ($2.91) to ($1.36) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IAC is 18.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.67.
Price to Earnings Ratio vs. Sector
The P/E ratio of IAC is 18.39, which means that it is trading at a more expensive P/E ratio than the Multi-Sector Conglomerates sector average P/E ratio of about 6.22.
Price to Book Value per Share Ratio
IAC has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About IAC (NASDAQ:IAC) Stock

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. IAC Inc. is headquartered in New York, New York.

IAC Price History

30 days | 90 days | 365 days | Advanced Chart

IAC Stock News Headlines

October 1, 2023 | benzinga.com

IAC 2023: Azerbaijan's Cosmic Continuum in Baku

September 30, 2023 | benzinga.com

Azerbaijan's IAC 2023 Set to Spark Inspiration with Elon Musk's Virtual Appearance

October 2, 2023 | Edge On The Street (Ad)

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September 30, 2023 | msn.com

India accelerates construction of next 43000-ton aircraft carrier

September 27, 2023 | news.yahoo.com

IAC naturalization ceremony welcomes 25 new U.S. citizens from 12 countries

September 26, 2023 | msn.com

Dropout’s Playbook for Surviving an Unforgiving Internet

September 26, 2023 | msn.com

Gov’t reviews extension of lower agri tariffs

September 26, 2023 | msn.com

Barry Diller rips WGA deal with studios, says fair use needs to be redefined to address AI

October 2, 2023 | Edge On The Street (Ad)

Gold Could Be Heading for Record Highs - But How to Play It?

September 24, 2023 | finance.yahoo.com

ANGI INC DL-,001 (2UH.BE)

September 22, 2023 | msn.com

Travelers with disabilities need this card for accommodations at some theme parks

September 20, 2023 | msn.com

Navy floats proposal for 2nd desi aircraft carrier

September 20, 2023 | msn.com

Should Ice Spice Know Who Frank Gehry Is?

September 19, 2023 | nytimes.com

How Hudson River Park Helped Revitalize Manhattan’s West Side

September 14, 2023 | finance.yahoo.com

Agilix Solutions: A Century of Excellence in Electrical Distribution and Innovation

September 12, 2023 | msn.com

These Israeli-American teens invested' $10m. during Wall St. hackathon

September 12, 2023 | msn.com

These Israeli-American teens invested' $10m. during Wall St. hackathon

September 11, 2023 | msn.com

JLR, BMW and Ineos 'could face shortages' as Solihull supply chain workers ballot to strike

September 11, 2023 | msn.com

Strike ballot called at JLR supplier in pay row

September 11, 2023 | msn.com

Jaguar Land Rover 'facing shortages' as supply chain workers vote to strike after rejecting pay rise

September 11, 2023 | msn.com

Elmira-Corning Girls Soccer: Players to watch, teams at a glance

September 8, 2023 | msn.com

Buy to sell: Why Kotak downgraded Cochin Shipyard despite strong returns

September 8, 2023 | finance.yahoo.com

Here’s Why IAC (IAC) Outperformed in Q2

September 8, 2023 | msn.com

Cochin Shipyard shares up 36% in 7 days. Kotak says 'Sell' stock, target Rs 990

August 31, 2023 | msn.com

Barry Diller Says Legacy Studios Need to Split From Netflix and Make Deals with Actors, Writers

August 30, 2023 | finance.yahoo.com

IAC to Participate in the Goldman Sachs Communicopia + Technology Conference

August 29, 2023 | msn.com

UBS Maintains IAC Inc - (IAC) Neutral Recommendation

See More Headlines

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IAC Company Calendar

Last Earnings: 8/08/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Multi-Sector Conglomerates
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: 11,000
Year Founded: 1995

Price Target and Rating

Average Stock Price Forecast: $80.93
High Stock Price Forecast: $115.00
Low Stock Price Forecast: $66.00
Forecasted Upside/Downside: +60.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.92
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.74
Trailing P/E Ratio: 18.39
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,170,170,000.00
Net Margins: 5.56%
Pretax Margin: 6.92%
Return on Equity: -4.67%
Return on Assets: -2.97%

Debt

Debt-to-Equity Ratio: 0.30
Current Ratio: 2.13
Quick Ratio: 2.13

Sales & Book Value

Annual Sales: $5.24 billion
Price / Sales: 0.77
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $79.12 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 80,060,000
Free Float: 69,168,000
Market Cap: $4.03 billion
Optionable: Optionable
Beta: 1.23

Social Links

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Key Executives

Mr. Barry Diller (Age 81)
Chairman & Sr. Exec.
Comp: $972.44k

Mr. Joseph M. Levin (Age 44)
CEO & Director
Comp: $4.48M

Mr. Christopher P. Halpin
Exec. VP, CFO & COO

Ms. Kendall Handler (Age 38)
Exec. VP, Chief Legal Officer & Sec.
Comp: $1.83M

Mr. Mark J. Stein (Age 55)
Sr. Advisor
Comp: $560k

Mr. Michael H. Schwerdtman
Sr. VP, Controller & Principal Accounting Officer

Mr. Mark Schneider
Sr. VP of Fin. & Investor Relations

Ms. Valerie Combs
Sr. VP & Head of Communications

Ms. Lauren Geer
Sr. VP & Chief HR Officer

Mr. Glenn Howard Schiffman (Age 53)
Exec. VP & CFO of Fanatics

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IAC Stock - Frequently Asked Questions

Should I buy or sell IAC stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IAC in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IAC shares.
View IAC analyst ratings or view top-rated stocks.
What is IAC's stock price forecast for 2023?: 12 Wall Street analysts have issued 12 month price targets for IAC's shares. Their IAC share price forecasts range from $66.00 to $115.00. On average, they expect the company's share price to reach $80.93 in the next twelve months. This suggests a possible upside of 60.6% from the stock's current price.
View analysts price targets for IAC or view top-rated stocks among Wall Street analysts.
How have IAC shares performed in 2023?: IAC's stock was trading at $44.40 at the start of the year. Since then, IAC stock has increased by 13.5% and is now trading at $50.39.
View the best growth stocks for 2023 here.
Are investors shorting IAC?: IAC saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,750,000 shares, a decrease of 10.7% from the August 31st total of 1,960,000 shares. Based on an average daily trading volume, of 566,500 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.4% of the shares of the stock are short sold.
View IAC's Short Interest.
When is IAC's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our IAC earnings forecast.
How were IAC's earnings last quarter?: IAC Inc. (NASDAQ:IAC) released its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.76) EPS for the quarter, meeting analysts' consensus estimates of ($0.76). The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. IAC had a negative trailing twelve-month return on equity of 4.67% and a net margin of 5.56%.
What ETFs hold IAC's stock?: ETFs with the largest weight of IAC (NASDAQ:IAC) stock in their portfolio include FMC Excelsior Focus Equity ETF (FMCX), SPDR S&P Internet ETF (XWEB), Invesco Next Gen Media and Gaming ETF (PBS), Amplify Online Retail ETF (IBUY), Global X Social Media Index ETF (SOCL), Invesco Global Listed Private Equity ETF (PSP), Goldman Sachs Hedge Industry VIP ETF (GVIP) and First Trust S-Network E-Commerce ETF (ISHP).

What is Joey Levin's approval rating as IAC's CEO?: 33 employees have rated IAC Chief Executive Officer Joey Levin on Glassdoor.com. Joey Levin has an approval rating of 87% among the company's employees.
What other stocks do shareholders of IAC own?: Based on aggregate information from My MarketBeat watchlists, some companies that other IAC investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Salesforce (CRM), Broadcom (AVGO), Adobe (ADBE), Walt Disney (DIS), Visa (V), Netflix (NFLX) and Lam Research (LRCX).
What is IAC's stock symbol?: IAC trades on the NASDAQ under the ticker symbol "IAC."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is IAC's stock price today?: One share of IAC stock can currently be purchased for approximately $50.39.
How much money does IAC make?: IAC (NASDAQ:IAC) has a market capitalization of $4.03 billion and generates $5.24 billion in revenue each year. The company earns $-1,170,170,000.00 in net income (profit) each year or $2.74 on an earnings per share basis.
How many employees does IAC have?: The company employs 11,000 workers across the globe.
How can I contact IAC?: The official website for the company is www.iac.com. The company can be reached via phone at (212) 314-7300 or via email at ir@iac.com.

This page (NASDAQ:IAC) was last updated on 10/2/2023 by MarketBeat.com Staff

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IAC (IAC) Stock Forecast, Price & News

IAC MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About IAC (NASDAQ:IAC) Stock

IAC Price History

IAC Stock News Headlines

IAC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

IAC Stock - Frequently Asked Questions

Overall MarketRank^™