NASDAQ:IAC

IAC (IAC) Stock Forecast, Price & News

$59.67

+1.57 (+2.70%)

(As of 06/6/2023 ET)

Compare

Today's Range: $58.22
▼
$60.51
50-Day Range: $48.53
▼
$60.17
52-Week Range: $41.52
▼
$89.55

Volume: 512,003 shs
Average Volume: 798,991 shs
Market Capitalization: $4.78 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $82.93

IAC MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.91 Rating Score
Upside/Downside: 39.0% Upside
$82.93 Price Target
Short Interest: Healthy
2.64% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.24
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.92) to ($0.93) Per Share

Overall MarketRank^™

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

2.24 out of 5 stars

Multi-Sector Conglomerates Sector

10th out of 17 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

15th out of 59 stocks

3.5

Analyst's Opinion

Consensus Rating
IAC has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $82.93, IAC has a forecasted upside of 39.0% from its current price of $59.67.
Amount of Analyst Coverage
IAC has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.64% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in IAC has recently increased by 12.50%, indicating that investor sentiment is decreasing 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.

1.8

News and Social Media Coverage

News Sentiment
IAC has a news sentiment score of 0.24. 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 lower news sentiment than the 0.61 average news sentiment score of Multi-Sector Conglomerates companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for IAC this week, compared to 5 articles on an average week.
Search Interest
Only 3 people have searched for IAC on MarketBeat in the last 30 days. This is a decrease of -50% 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 0% compared to the previous 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
13.30% 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
89.08% of the stock of IAC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for IAC are expected to grow in the coming year, from ($2.92) to ($0.93) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IAC is -9.61, 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 -9.61, 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 0.75. 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 is a media and Internet company comprised of some of the world's most recognized brands and products, such as HomeAdvisor, Vimeo, About.com, Dictionary.com, The Daily Beast, Investopedia, and Match Group's online dating portfolio, which includes Match, OkCupid and Tinder. Ranked by Fortune magazine's annual standing of the world's most admired companies in the Internet Services & Retailing sector for many years, IAC's family of websites is one of the largest in the world, with over two billion monthly visits reaching users in more than 190 countries. The company is headquartered in the Chelsea neighborhood of New York City and has business operations and satellite offices around the world. In December 2004, Expedia split from IAC as a separate publicly traded company. In December 2011, TripAdvisor spun out from Expedia. In August 2008, IAC split into five separate publicly traded companies. The four spun-off companies were HSN, Ticketmaster, Interval Leisure Group, and Tree.com. IAC's notable acquisitions include: - 2012: [The About Group](http://www.crunchbase.com/organization/about-com) - 2011: [OkCupid](http://www.crunchbase.com/organization/okcupid) - 2011: [Meetic](htt

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IAC Stock News Headlines

June 5, 2023 | msn.com

Council committee revisiting Chico’s tree plan

June 1, 2023 | americanbankingnews.com

Q2 2023 Earnings Estimate for IAC Inc. Issued By KeyCorp (NASDAQ:IAC)

June 6, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>

May 31, 2023 | seekingalpha.com

IAC: Continues To Create Value For Shareholders

May 30, 2023 | news.yahoo.com

Educators selected for fellowship to bring creativity into the classroom

May 30, 2023 | markets.businessinsider.com

Analyst Expectations for IAC's Future

May 30, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for IAC

May 30, 2023 | americanbankingnews.com

IAC (NASDAQ:IAC) Given New $72.00 Price Target at KeyCorp

June 6, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

May 29, 2023 | msn.com

Pulling farmers from poverty trap way to transform India: Mayank Gandhi

May 28, 2023 | msn.com

Marcos body to address inflation

May 25, 2023 | fool.com

Iac (NASDAQ: IAC)

May 24, 2023 | finance.yahoo.com

IAC to Participate in the 51st Annual TD Cowen Technology, Media and Telecom Conference

May 19, 2023 | news.yahoo.com

IAC's Joe Swash shares story of first kiss with Stacey Solomon

May 18, 2023 | msn.com

Jefferies Maintains IAC Inc - (IAC) Buy Recommendation

May 18, 2023 | americanbankingnews.com

StockNews.com Begins Coverage on IAC (NASDAQ:IAC)

May 16, 2023 | americanbankingnews.com

IAC Inc. (NASDAQ:IAC) Receives $82.29 Consensus Target Price from Brokerages

May 16, 2023 | marketwatch.com

Fixed Blade Acoustic Louver Market Outlook 2023 And Forecast To 2030 | IAC Acoustics, Kinetics, H.S. Engineers, McKenzie-Martin

May 16, 2023 | marketwatch.com

2030, Infrastructure as Code (IaC) Service Market Growth | Future Prospects and Competitive Analysis

May 15, 2023 | americanbankingnews.com

IAC (NASDAQ:IAC) PT Raised to $61.00 at UBS Group

May 14, 2023 | es-us.finanzas.yahoo.com

IAC Inc. (NASDAQ:IAC) Q1 2023 Earnings Call Transcript

May 14, 2023 | americanbankingnews.com

Truist Financial Boosts IAC (NASDAQ:IAC) Price Target to $88.00

May 14, 2023 | msn.com

Wells Fargo Maintains IAC Inc - (IAC) Overweight Recommendation

May 14, 2023 | msn.com

St. Albans track knocks off Bullis in IAC; Georgetown Day wins MAC

May 13, 2023 | americanbankingnews.com

Citigroup Raises IAC (NASDAQ:IAC) Price Target to $71.00

May 13, 2023 | americanbankingnews.com

IAC (NASDAQ:IAC) Given New $79.00 Price Target at Wells Fargo & Company

May 13, 2023 | msn.com

Georgetown Prep lacrosse caps perfect IAC season with a championship

See More Headlines

IAC Price History

30 days | 90 days | 365 days | Advanced Chart

IAC Company Calendar

Last Earnings: 5/09/2023
Today: 6/06/2023
Next Earnings (Estimated): 8/08/2023
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: $82.93
High Stock Price Forecast: $130.00
Low Stock Price Forecast: $61.00
Forecasted Upside/Downside: +38.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.91
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($6.21)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,170,170,000.00
Net Margins: -10.34%
Pretax Margin: -13.22%
Return on Equity: -5.97%
Return on Assets: -3.76%

Debt

Debt-to-Equity Ratio: 0.29
Current Ratio: 2.38
Quick Ratio: 2.38

Sales & Book Value

Annual Sales: $5.24 billion
Price / Sales: 0.91
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $79.12 per share
Price / Book: 0.76

Miscellaneous

Outstanding Shares: 80,070,000
Free Float: 69,416,000
Market Cap: $4.78 billion
Optionable: Optionable
Beta: 1.12

Social Links

Key Executives

Mr. Barry Diller (Age 80)
Chairman & Sr. Exec.
Comp: $3.45M

Mr. Joseph M. Levin (Age 43)
CEO & Director
Comp: $5.37M

Ms. Kendall Handler (Age 37)
Exec. VP, Chief Legal Officer & Sec.
Comp: $2.51M

Mr. Glenn Howard Schiffman (Age 52)
Exec. VP & CFO of Fanatics
Comp: $426.84k

Mr. Mark J. Stein (Age 54)
Chief Strategy Officer & Exec. VP
Comp: $2.56M

Mr. Christopher P. Halpin
Exec. VP & CFO

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

Ms. Valerie Combs
Sr. VP & Head of Communications

Ms. Joanne Hawkins (Age 61)
Sr. VP & Deputy Gen. Counsel

Ms. Kathleen Barrett
Chief Exec. Officer of Mosaic Group

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?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IAC in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IAC shares.
View IAC analyst ratings or view top-rated stocks.
What is IAC's stock price forecast for 2023?: 11 Wall Street research analysts have issued 1-year target prices for IAC's shares. Their IAC share price forecasts range from $61.00 to $130.00. On average, they predict the company's share price to reach $82.93 in the next twelve months. This suggests a possible upside of 39.0% 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 shares have increased by 34.4% and is now trading at $59.67.
View the best growth stocks for 2023 here.
Are investors shorting IAC?: IAC saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,980,000 shares, an increase of 12.5% from the April 30th total of 1,760,000 shares. Based on an average daily trading volume, of 728,800 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.6% of the company's shares 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, August 8th 2023.
View our IAC earnings forecast.
How were IAC's earnings last quarter?: IAC Inc. (NASDAQ:IAC) released its quarterly earnings data on Tuesday, May, 9th. The company reported ($2.06) EPS for the quarter, missing the consensus estimate of ($1.02) by $1.04. The firm had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.06 billion. IAC had a negative net margin of 10.34% and a negative trailing twelve-month return on equity of 5.97%.
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), Amplify Online Retail ETF (IBUY), Global X Social Media Index ETF (SOCL), Invesco Global Listed Private Equity ETF (PSP), First Trust S-Network Global E-Commerce ETF (ISHP), Davis Select Worldwide ETF (DWLD) and Ballast Small/Mid Cap ETF (MGMT).
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."
Who are IAC's major shareholders?: IAC's stock is owned by a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (6.48%), ShawSpring Partners LLC (5.26%), BlackRock Inc. (4.20%), Price T Rowe Associates Inc. MD (3.29%), Southeastern Asset Management Inc. TN (3.20%) and First Manhattan CO. LLC. (2.65%). Insiders that own company stock include Iac Inc, Iac/Interactivecorp, Michael D Eisner and Michael H Schwerdtman.
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 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 $59.67.
How much money does IAC make?: IAC (NASDAQ:IAC) has a market capitalization of $4.78 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 ($6.21) 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 6/6/2023 by MarketBeat.com Staff

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