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IAC Inc (NASDAQ: IAC) closed the day trading at $34.17 down -2.33% from the previous closing price of $34.99. In other words, the price has decreased by -$2.33 from its previous closing price. On the day, 1.59 million shares were traded. IAC stock price reached its highest trading level at $34.895 during the session, while it also had its lowest trading level at $34.02.
Ratios:
For a better understanding of IAC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.43. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.29.
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 2738974720 and an Enterprise Value of 3131840000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 0.845 whereas that against EBITDA is 8.652.
Stock Price History:
The Beta on a monthly basis for IAC is 1.27, which has changed by -0.16089386 over the last 52 weeks, in comparison to a change of 0.19554341 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 -10.35%, while the 200-Day Moving Average is calculated to be -9.06%.
Shares Statistics:
Over the past 3-months, IAC traded about 1.12M shares per day on average, while over the past 10 days, IAC traded about 1993750 shares per day. A total of 74.11M shares are outstanding, with a floating share count of 67.50M. Insiders hold about 15.79% of the company’s shares, while institutions hold 88.43% stake in the company. Shares short for IAC as of 1752537600 were 5085751 with a Short Ratio of 4.53, compared to 1749772800 on 5590894. Therefore, it implies a Short% of Shares Outstanding of 5085751 and a Short% of Float of 10.13.
Earnings Estimates
The current rating of IAC Inc (IAC) is the result of assessments by 8.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.6, with high estimates of $1.1 and low estimates of $0.31.
Analysts are recommending an EPS of between $0.64 and -$0.13 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $0.61, with 9.0 analysts recommending between $2.44 and -$0.16.
Revenue Estimates
13 analysts predict $602.63M in revenue for the current quarter. It ranges from a high estimate of $614.8M to a low estimate of $592.9M. As of the current estimate, IAC Inc’s year-ago sales were $938.72MFor the next quarter, 13 analysts are estimating revenue of $678.46M. There is a high estimate of $697.65M for the next quarter, whereas the lowest estimate is $662.12M.
A total of 13 analysts have provided revenue estimates for IAC’s current fiscal year. The highest revenue estimate was $2.47B, while the lowest revenue estimate was $2.42B, resulting in an average revenue estimate of $2.44B. In the same quarter a year ago, actual revenue was $3.81BBased on 13 analysts’ estimates, the company’s revenue will be $2.44B in the next fiscal year. The high estimate is $2.53B and the low estimate is $2.38B.
