|Bid||220.00 x 900|
|Ask||220.41 x 1200|
|Day's Range||218.35 - 221.25|
|52 Week Range||128.80 - 223.98|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||33.39|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||256.29|
Jim Cramer and IAC CEO Joey Levin get to the heart of why Wall Street tends to undervalue the diversified holding company.
IAC/InterActive Corp (NASDAQ: IAC ) has a path to a $2-3-billion valuation, according to Guggenheim. The Analyst Guggenheim analyst Jake Fuller maintains a Neutral rating on IAC/Interactive . The Thesis ...
IAC/InterActiveCorp (NASDAQ: IAC ) shares are moving higher after the company posted a fourth-quarter earnings beat last week driven by strong results from Match Group Inc (NASDAQ: MTCH ). The Analyst ...
IAC/InterActiveCorp. showed off stronger holiday-season earnings than expected Thursday and gave a first peek at the financial performance of its growing Vimeo and Dotdash publishing segments.
Moody's Investors Service ("Moody's") assigned a Ba3 rating to the proposed $300 million senior unsecured notes due 2029 to be issued by Match Group, Inc. ("Match"), IAC/InterActiveCorp's ("IAC" or the "company") 81% owned subsidiary that comprises its online dating businesses. Proceeds from the new notes, which will not be guaranteed by IAC, will be used to repay borrowings under the existing revolving credit facility, pay expenses associated with the offering and for general corporate purposes. IAC's Ba2 Corporate Family Rating (CFR) and stable outlook remain unchanged.
Cree, Casella Waste, IAC, Match.com and Expedia highlighted as Zacks Bull and Bear of the Day
Cramer said the value of these two investments alone is $19.7 billion, but IAC has a market cap of less than $18 billion. Levin concurred with Cramer's assessment of their valuation, adding that IAC has plenty of other online properties in their portfolio, plus $1.7 billion in cash. The share price of IAC has more than doubled since Cramer first got behind the stock in 2017, but let's see what the charts and indicators look like this morning.
IAC/InterActiveCorp NASDAQ/NGS:IACView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for IAC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting IAC. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding IAC totaled $6.15 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. IAC credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
IAC/Interactive (IAC) delivered earnings and revenue surprises of 4.04% and 2.95%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the New York-based company said it had net income of $2.04. Earnings, adjusted for non-recurring gains, came to $1.03 per share. The results surpassed Wall Street expectations. The ...
CNBC's Jim Cramer and IAC CEO Joey Levin get to the heart of why Wall Street tends to undervalue the diversified holding company. IAC, also known as InterActive Corp., is behind Vimeo, CollegeHumor, and owns the majority of Tinder parent Match Group. Levin says IAC doesn't get enough credit for acting like an "anti-conglomerate" for the benefit of its shareholders.
Tinder closed 2018 with more than 4.3 million average subscribers, accounting for more than half of all members of dating sites owned by Match Group Inc. (NASDAQ: MTCH). Match, which also owns such brands as Match.com, OkCupid and PlentyofFish, ended the year with 8.2 million average subscribers, up from 7 million at the end of 2017. Tinder’s share of those subscribers grew 233,000 from the third quarter and 1.2 million year-over-year.
Vimeo, founded in 2004, caters largely to business customers who pay anywhere from $84 to $900 a year to upload and use professional tools to edit high-definition videos on its ad-free platform. Its 2018 revenue of $160 million — disclosed for the first time by IAC — rose from $103.3 million in the previous year, while the number of paying subscribers climbed 9 percent year-over-year to about 952,000 by the end of December. Although Vimeo's revenue is expected to rise "20 to 30 percent in the near-term," according to its Chief Executive Anjali Sud, the video service is far from making a profit as it burns cash on product development and aggressive marketing to popularize its brand.
The media company reported a profit of $191.8 million, or $2.04 cents a share, compared with $32.8 million, or 37 cents a share, a year ago. Analysts were expecting earnings of $1.67 a share.
NEW YORK , Feb. 7, 2019 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its fourth quarter financial results and a letter to shareholders on the investor relations section of the company's website at http://www.iac.com/Investors ...
IAC/InterActiveCorp - Common Stock (NASDAQ: IAC ) announces its next round of earnings this Thursday, Feb. 7. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement. Earnings ...
IAC/Interactive (IAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
I am going to run you through how I calculated the intrinsic value of IAC/InterActiveCorp (NASDAQ:IAC) by taking the expected future cash flows and discounting them to their present value. Read More...
California Tinder users age 30 and up will no longer have to pay more to subscribe to Tinder Plus. Under the settlement of a class-action lawsuit, they’ll also be compensated in a combination of cash, app subscriptions, and extra “super likes” worth a total of $23 million. Here’s why: Tinder, which is owned by Match Group Inc. (NASDAQ: MTCH), whose controlling shareholder is IAC/InterActiveCorp.