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The price of IAC Inc (NASDAQ: IAC) closed at $31.74 in the last session, down -3.41% from day before closing price of $32.86. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 1.41 million shares were traded. IAC stock price reached its highest trading level at $32.75 during the session, while it also had its lowest trading level at $31.575.
Ratios:
We take a closer look at IAC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.19. 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 2544191744 and an Enterprise Value of 2937057792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 0.793 whereas that against EBITDA is 8.114.
Stock Price History:
The Beta on a monthly basis for IAC is 1.25, which has changed by -0.19309574 over the last 52 weeks, in comparison to a change of 0.20772064 over the same period for the S&P500. Over the past 52 weeks, IAC has reached a high of $45.44, while it has fallen to a 52-week low of $32.04. The 50-Day Moving Average of the stock is -9.10%, while the 200-Day Moving Average is calculated to be -12.85%.
Shares Statistics:
According to the various share statistics, IAC traded on average about 1.29M shares per day over the past 3-months and 958040 shares per day over the past 10 days. A total of 74.11M shares are outstanding, with a floating share count of 67.95M. Insiders hold about 15.23% of the company’s shares, while institutions hold 89.89% stake in the company. Shares short for IAC as of 1760486400 were 6842237 with a Short Ratio of 5.29, compared to 1757894400 on 5347503. Therefore, it implies a Short% of Shares Outstanding of 6842237 and a Short% of Float of 13.55.
Earnings Estimates
Its stock is currently analyzed by 8.0 different market analysts. 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 $0.24. EPS for the following year is $0.59, with 9.0 analysts recommending between $2.44 and -$0.16.
Revenue Estimates
According to 13 analysts,. The current quarter’s revenue is expected to be $601.4M. It ranges from a high estimate of $612.8M 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 $677.08M. 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.
