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In the latest session, IAC Inc (NASDAQ: IAC) closed at $51.66 down -4.01% from its previous closing price of $53.82. In other words, the price has decreased by -$4.01 from its previous closing price. On the day, 0.54 million shares were traded. IAC stock price reached its highest trading level at $53.575 during the session, while it also had its lowest trading level at $51.08.
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 2.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.62. For the most recent quarter (mrq), Quick Ratio is recorded 2.68 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.33.
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 this company, JMP Securities on July 09, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $78.
On February 15, 2023, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $46 to $54.
On December 13, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $60.Citigroup initiated its Buy rating on December 13, 2022, with a $60 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 4449134592 and an Enterprise Value of 5937253888. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 1.467 whereas that against EBITDA is 32.124.
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 $41.39. The 50-Day Moving Average of the stock is 0.39%, while the 200-Day Moving Average is calculated to be 0.71%.
Shares Statistics:
For the past three months, IAC has traded an average of 537.92K shares per day and 555600 over the past ten days. A total of 80.11M shares are outstanding, with a floating share count of 75.31M. Insiders hold about 12.56% of the company’s shares, while institutions hold 91.14% stake in the company. Shares short for IAC as of 1726185600 were 2869388 with a Short Ratio of 5.33, compared to 1723680000 on 3275251. Therefore, it implies a Short% of Shares Outstanding of 2869388 and a Short% of Float of 3.75.
