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After finishing at $33.77 in the prior trading day, IAC Inc (NASDAQ: IAC) closed at $32.75, down -3.02%. In other words, the price has decreased by -$3.02 from its previous closing price. On the day, 0.87 million shares were traded. IAC stock price reached its highest trading level at $33.76 during the session, while it also had its lowest trading level at $32.18.
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 1.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.08. For the most recent quarter (mrq), Quick Ratio is recorded 2.80 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.41.
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 2624490240 and an Enterprise Value of 4029405184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 1.058 whereas that against EBITDA is 14.923.
Stock Price History:
The Beta on a monthly basis for IAC is 1.44, which has changed by -0.16112101 over the last 52 weeks, in comparison to a change of 0.05279863 over the same period for the S&P500. Over the past 52 weeks, IAC has reached a high of $48.02, while it has fallen to a 52-week low of $32.04. The 50-Day Moving Average of the stock is -11.62%, while the 200-Day Moving Average is calculated to be -16.81%.
Shares Statistics:
The stock has traded on average 1.34M shares per day over the past 3-months and 1545520 shares per day over the last 10 days, according to various share statistics. A total of 80.48M shares are outstanding, with a floating share count of 72.13M. Insiders hold about 9.99% of the company’s shares, while institutions hold 92.88% stake in the company. Shares short for IAC as of 1743379200 were 3563613 with a Short Ratio of 3.24, compared to 1740700800 on 3344476. Therefore, it implies a Short% of Shares Outstanding of 3563613 and a Short% of Float of 5.050000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
