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In the latest session, IAC Inc (NASDAQ: IAC) closed at $34.8 down -1.28% from its previous closing price of $35.25. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 1.32 million shares were traded. IAC stock price reached its highest trading level at $35.61 during the session, while it also had its lowest trading level at $34.68.
Ratios:
For a deeper understanding of IAC Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.75. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.29.
On December 10, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $68 to $54. On July 09, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $78.JMP Securities initiated its Mkt Outperform rating on July 09, 2024, with a $78 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IAC now has a Market Capitalization of 2825543680 and an Enterprise Value of 3182339072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 0.859 whereas that against EBITDA is 8.792.
Stock Price History:
The Beta on a monthly basis for IAC is 1.24, which has changed by -0.19975096 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, IAC has reached a high of $45.64, while it has fallen to a 52-week low of $32.04. The 50-Day Moving Average of the stock is -6.34%, while the 200-Day Moving Average is calculated to be -5.33%.
Shares Statistics:
For the past three months, IAC has traded an average of 1.19M shares per day and 1404070 over the past ten days. A total of 74.11M shares are outstanding, with a floating share count of 68.16M. Insiders hold about 14.97% of the company’s shares, while institutions hold 89.59% stake in the company. Shares short for IAC as of 1756425600 were 5660960 with a Short Ratio of 4.74, compared to 1753920000 on 4340201. Therefore, it implies a Short% of Shares Outstanding of 5660960 and a Short% of Float of 11.21.
Earnings Estimates
The company has 8.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.62, with high estimates of $1.1 and low estimates of $0.31.
Analysts are recommending an EPS of between $0.64 and -$0.13 for the fiscal current year, implying an average EPS of $0.23. EPS for the following year is $0.59, with 9.0 analysts recommending between $2.44 and -$0.16.
Revenue Estimates
A total of 13 analysts believe the company’s revenue will be $601.86M this quarter.It ranges from a high estimate of $614.8M to a low estimate of $592.9M. As of the current estimate, IAC Inc’s year-ago sales were $938.72MFor the next quarter, 13 analysts are estimating revenue of $677.92M. There is a high estimate of $697.65M for the next quarter, whereas the lowest estimate is $662.12M.
A total of 13 analysts have provided revenue estimates for IAC’s current fiscal year. The highest revenue estimate was $2.47B, while the lowest revenue estimate was $2.42B, resulting in an average revenue estimate of $2.44B. In the same quarter a year ago, actual revenue was $3.81BBased on 13 analysts’ estimates, the company’s revenue will be $2.43B in the next fiscal year. The high estimate is $2.53B and the low estimate is $2.38B.
