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The closing price of IAC Inc (NASDAQ: IAC) was $39.26 for the day, down -14.54% from the previous closing price of $45.94. In other words, the price has decreased by -$14.54 from its previous closing price. On the day, 1.91 million shares were traded. IAC stock price reached its highest trading level at $39.4536 during the session, while it also had its lowest trading level at $37.76.
Ratios:
Our analysis of IAC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.31. For the most recent quarter (mrq), Quick Ratio is recorded 2.80 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.41.
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 3146182656 and an Enterprise Value of 4571579904. 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 0.61. Its current Enterprise Value per Revenue stands at 1.201 whereas that against EBITDA is 16.93.
Stock Price History:
The Beta on a monthly basis for IAC is 1.48, which has changed by -0.09032619 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, IAC has reached a high of $57.21, while it has fallen to a 52-week low of $38.87. The 50-Day Moving Average of the stock is -11.27%, while the 200-Day Moving Average is calculated to be -16.77%.
Shares Statistics:
IAC traded an average of 1.02M shares per day over the past three months and 1426209 shares per day over the past ten days. A total of 80.48M shares are outstanding, with a floating share count of 75.19M. Insiders hold about 9.72% of the company’s shares, while institutions hold 89.27% stake in the company. Shares short for IAC as of 1741910400 were 2998244 with a Short Ratio of 2.95, compared to 1739491200 on 3643418. Therefore, it implies a Short% of Shares Outstanding of 2998244 and a Short% of Float of 4.0700004.
