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After finishing at $35.24 in the prior trading day, IAC Inc (NASDAQ: IAC) closed at $35.59, up 0.99%. In other words, the price has increased by $0.99 from its previous closing price. On the day, 1.14 million shares were traded. IAC stock price reached its highest trading level at $35.705 during the session, while it also had its lowest trading level at $35.4.
Ratios:
Our goal is to gain a better understanding of IAC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.15. 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 2852798208 and an Enterprise Value of 3217608192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.868 whereas that against EBITDA is 8.889.
Stock Price History:
The Beta on a monthly basis for IAC is 1.26, which has changed by -0.15496278 over the last 52 weeks, in comparison to a change of 0.14064062 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 -6.21%, while the 200-Day Moving Average is calculated to be -4.57%.
Shares Statistics:
The stock has traded on average 1.11M shares per day over the past 3-months and 1549680 shares per day over the last 10 days, according to various share statistics. A total of 74.11M shares are outstanding, with a floating share count of 67.50M. Insiders hold about 15.79% of the company’s shares, while institutions hold 89.67% stake in the company. Shares short for IAC as of 1753920000 were 4340201 with a Short Ratio of 3.91, compared to 1751241600 on 5440518. Therefore, it implies a Short% of Shares Outstanding of 4340201 and a Short% of Float of 8.64.
Earnings Estimates
The current rating of IAC Inc (IAC) reflects the combined expertise of 8.0 analysts actively engaged in assessing its market performance.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
13 analysts predict $601.86M in revenue for the current 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.
