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In the latest session, IAC Inc (NASDAQ: IAC) closed at $36.39 down -1.97% from its previous closing price of $37.12. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 1.05 million shares were traded. IAC stock price reached its highest trading level at $37.31 during the session, while it also had its lowest trading level at $36.31.
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 2.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.45. 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 2905443072 and an Enterprise Value of 3257912064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.868 whereas that against EBITDA is 9.175.
Stock Price History:
The Beta on a monthly basis for IAC is 1.37, which has changed by -0.0511356 over the last 52 weeks, in comparison to a change of 0.111126065 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 0.89%, while the 200-Day Moving Average is calculated to be -4.82%.
Shares Statistics:
For the past three months, IAC has traded an average of 1.18M shares per day and 1190890 over the past ten days. A total of 74.35M shares are outstanding, with a floating share count of 71.82M. Insiders hold about 10.05% of the company’s shares, while institutions hold 93.68% stake in the company. Shares short for IAC as of 1748563200 were 5029357 with a Short Ratio of 4.27, compared to 1745971200 on 4177159. Therefore, it implies a Short% of Shares Outstanding of 5029357 and a Short% of Float of 10.0200005.
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
