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After finishing at $42.86 in the prior trading day, IAC Inc (NASDAQ: IAC) closed at $41.69, down -2.73%. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 0.68 million shares were traded. IAC stock price reached its highest trading level at $42.55 during the session, while it also had its lowest trading level at $41.64.
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 2.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.69. For the most recent quarter (mrq), Quick Ratio is recorded 2.75 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on December 10, 2024, Downgraded its rating to Neutral and sets its target price to $54 from $68 previously.
On July 09, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $78.
UBS Upgraded its Sell to Neutral on February 15, 2023, whereas the target price for the stock was revised from $46 to $54.
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 3596537856 and an Enterprise Value of 5012962816. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 1.293 whereas that against EBITDA is 24.884.
Stock Price History:
Over the past 52 weeks, IAC has reached a high of $58.29, while it has fallen to a 52-week low of $41.08. The 50-Day Moving Average of the stock is -11.10%, while the 200-Day Moving Average is calculated to be -16.39%.
Shares Statistics:
The stock has traded on average 664.51K shares per day over the past 3-months and 691760 shares per day over the last 10 days, according to various share statistics. A total of 80.47M shares are outstanding, with a floating share count of 75.43M. Insiders hold about 12.57% of the company’s shares, while institutions hold 86.97% stake in the company. Shares short for IAC as of 1734048000 were 2182523 with a Short Ratio of 3.28, compared to 1731628800 on 1933927. Therefore, it implies a Short% of Shares Outstanding of 2182523 and a Short% of Float of 2.8499998.
