Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, IAC Inc (NASDAQ: IAC) closed at $37.04 down -1.23% from its previous closing price of $37.50. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 0.77 million shares were traded. IAC stock price reached its highest trading level at $37.63 during the session, while it also had its lowest trading level at $36.955.
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 12.68. For the most recent quarter (mrq), Quick Ratio is recorded 2.70 and its Current Ratio is at 2.70. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
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 2957340416 and an Enterprise Value of 3309809408. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 0.882 whereas that against EBITDA is 9.321.
Stock Price History:
The Beta on a monthly basis for IAC is 1.39, which has changed by -0.10395396 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, IAC has reached a high of $45.72, while it has fallen to a 52-week low of $32.04. The 50-Day Moving Average of the stock is 1.16%, while the 200-Day Moving Average is calculated to be -4.54%.
Shares Statistics:
For the past three months, IAC has traded an average of 1.34M shares per day and 1346940 over the past ten days. A total of 74.35M shares are outstanding, with a floating share count of 71.85M. Insiders hold about 10.01% of the company’s shares, while institutions hold 93.79% stake in the company. Shares short for IAC as of 1745971200 were 4177159 with a Short Ratio of 3.12, compared to 1743379200 on 3563613. Therefore, it implies a Short% of Shares Outstanding of 4177159 and a Short% of Float of 8.3500005.
Dividends & Splits
According to the company, the forward annual dividend rate for IAC is 0.00, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A detailed examination of IAC Inc (IAC) is currently in progress, with 9.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.0, with high estimates of $0.35 and low estimates of -$0.47.
Analysts are recommending an EPS of between -$1.64 and -$3.49 for the fiscal current year, implying an average EPS of -$2.5. EPS for the following year is $1.09, with 7.0 analysts recommending between $2.44 and $0.34.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $600.95M this quarter.It ranges from a high estimate of $609.1M to a low estimate of $589.46M. As of the current estimate, IAC Inc’s year-ago sales were $949.53MFor the next quarter, 12 analysts are estimating revenue of $619.34M. There is a high estimate of $635.8M for the next quarter, whereas the lowest estimate is $611M.
A total of 12 analysts have provided revenue estimates for IAC’s current fiscal year. The highest revenue estimate was $2.53B, while the lowest revenue estimate was $2.45B, resulting in an average revenue estimate of $2.49B. In the same quarter a year ago, actual revenue was $3.81BBased on 12 analysts’ estimates, the company’s revenue will be $2.5B in the next fiscal year. The high estimate is $2.57B and the low estimate is $2.43B.
