IAC - IAC/InterActiveCorp
| Previous Close | 229.23 |
| Open | 232.53 |
| Bid | 0.00 x 1300 |
| Ask | 0.00 x 1000 |
| Day's Range | 231.12 - 238.08 |
| 52 Week Range | 158.29 - 268.72 |
| Volume | 691,590 |
| Avg. Volume | 742,639 |
| Market Cap | 19.944B |
| Beta (3Y Monthly) | 0.69 |
| PE Ratio (TTM) | 41.90 |
| EPS (TTM) | 5.65 |
| Earnings Date | Nov 5, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2015-11-10 |
| 1y Target Est | 300.32 |
- PR Newswire
Bluecrew Strengthens Leadership Team with the Addition of Industry Veterans to Accelerate Growth
CHICAGO, Sept. 17, 2019 /PRNewswire/ -- Bluecrew, the on-demand staffing platform for flexible W-2 work, today announced the appointment of Sam Estes as Vice President of Sales and Tom Knight as Director of Growth. Knight will lead Bluecrew's worker acquisition strategy to meet growing customer demand. The leadership expansion comes on the heels of Bluecrew's substantial growth over the past year including tripling revenue and expanding nationally.
- MarketWatch
Match Group and IAC stocks are both buys, says Citi
Citi Research initiated coverage of names in the InterActiveCorp. family on Tuesday, calling Match Group Inc. and IAC shares both buys while slapping a neutral rating on ANGI Homeservices Inc.'s stock . Analyst Nicholas Jones wrote that IAC "trades at a 'stub' valuation" due to its stakes in Match and ANGI, which at current prices imply negative enterprise value for IAC. "Though IAC's potential spin-off of these holdings may shrink the 'stub,' we view Vimeo as IAC's most exciting holding, Dotdash as a strong cash generator, and Turo (minority stake) as an interesting foray into online autos," Jones wrote. He also sees strong international opportunity for Match but is worried about the risk of an economic downturn and the threat of Alphabet Inc.'s Google when it comes to ANGI. IAC's stock is flat over the past three months, while Match's has risen 5.6% and ANGI's has slid 46%. The S&P 500 is up 3.8% in that time.
- InvestorPlace
Nomura Instinet’s Top 5 Internet Stocks to Buy Now
U.S. internet stocks have been red-hot once again in 2019, gaining roughly 45% year-to-date.Each month, Nomura Instinet analyst Mark Kelley tracks the latest trends in global internet usage by taking a look at Sensor Tower data for the month. In addition, Kelley looks at recent headlines to get a sense of which internet stocks are winning over users. Investors who get ahead of the curve by examining internet usage data can potentially get valuable insight heading into third-quarter earnings season for stocks. * 10 Recession-Resistant Services Stocks to Buy With that in mind, here's a list of Nomura Instinet's top five internet stocks to buy now and their usage trends from the month of August.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Internet Stocks to Buy Now: Spotify (SPOT)Source: Spotify Spotify (NYSE: SPOT) was once again the most downloaded music streaming app in August. The Spotify app had more than 17.7 million downloads. Downloads were up 18% in August from a year ago -- its lowest growth rate since February.However, Spotify downloads again outpaced its closest global competitors in YouTube Music (12.3 million), JioSaavn Music (5.2 million) and Deezer (3.4 million). Kelley says Spotify's 10% price hike in Norway doesn't seem to have had a major impact on revenue or cancellations, potentially opening up the door for higher prices in other regions.Nomura Instinet has a "buy" rating and $190 price target for SPOT stock. InterActiveCorp (IAC)Source: Rob Thurman Via FlickrInterActiveCorp (NASDAQ:IAC) is an 80% stakeholder in Match Group (NASDAQ:MTCH), the parent company of popular dating sites including Match.com, Tinder, OKCupid and PlentyOfFish.One of the biggest overhangs for IAC stock this year has been the launch of a Facebook (NASDAQ:FB) dating service late last year. Kelley says the latest data suggests Tinder has not been negatively impacted by Facebook's service. He says Facebook is a manageable risk for Match, and online dating is far from a "winner take all" market. Subsidiary Hinge was a major growth source in August, with year-over-year downloads up 56%. * 7 Tech Stocks You Should Avoid Now Nomura Instinet has a "buy" rating and $314 price target for IAC stock. Pinterest (PINS)Source: Nopparat Khokthong / Shutterstock.com Pinterest (NYSE:PINS) had 10.7 million downloads in August, up 18% from a year ago. The social media company also opened a new headquarters in Australia in August and reported a large earnings beat after making improvements to its platform.Kelley is projecting a three-year compound annual revenue growth rate for Pinterest of 42% -- the highest among the 12 internet media stocks under coverage and well above the 25% average growth rate of the group. Unlike some of its unprofitable peers, Kelley is also projecting annual net income growth of 45% as well.Nomura Instinet has a "buy" rating and $39 price target for PINS stock. Facebook (FB)Source: rvlsoft / Shutterstock.com Facebook and its advertising business just keep on trucking through all the political controversy, regulation, boycotts, lawsuits and antitrust probes.FB stock is up another 42.8% in 2019. Facebook's WhatsApp was the most downloaded social media app in August, with more than 57.2 million downloads. Messenger was a close second with 55.3 million downloads followed by the Facebook app with 52.5 million downloads and Instagram with 36.9 million downloads. While download growth on these four platforms slowed from a year ago, a clear sweep of the top four spots and a total of nearly 200 million downloads is extremely impressive.Nomura Instinet has a "buy" rating and $235 price target for FB stock. Alphabet (GOOGL)Source: achinthamb / Shutterstock.com In addition to Facebook and Match, Kelley says Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is the big winner from the August usage data.Behind the four Facebook platforms, YouTube was the most-downloaded social media app in August with more than 23.3 million downloads. Surprisingly, users downloaded Google Search 8.2 million times in August, up 39% from a year ago. Search had previously not gotten more than 5.9 million downloads in any month during the past year. The Google Chrome app also got 6.4 million downloads in August.Nomura Instinet has a "buy" rating and $1,400 price target for GOOGL stock.As of this writing, Wayne Duggan did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post Nomura Instinet's Top 5 Internet Stocks to Buy Now appeared first on InvestorPlace.
- GuruFocus.com
Iac/interactivecorp (IAC) EVP & CFO Glenn Schiffman Sold $765,780 of Shares
EVP & CFO of Iac/interactivecorp (30-Year Financial, Insider Trades) Glenn Schiffman (insider trades) sold 3,000 shares of IAC on 09/03/2019 at an average price of $255.26 a share. Continue reading...
- MarketWatch
Match's stock swings lower after Facebook Dating is launched, dragging IAC shares down as well
Shares of Match Group Inc. reversed course Thursday, swinging to a loss of 6.0% in afternoon trading after being up as much as 4.4% soon after the open, after Facebook Inc. entered the matchmaking fray with the launch of Facebook Dating. Match's stock had gained earlier after SunTrust Robinson Humphrey upgraded it to buy from hold, citing optimism for the continued growth of its Tinder dating app. Although the stock sold off after Facebook became a competitor, Analyst Benjamin Black at Evercore ISI said the launch of Facebook Dating "more than anything else" just validates the total addressable market of the online dating market. "Notably, FB Dating was launched in mid-2018, expanding its presence into 19 countries (before the U.S. launch) with no discernible impact on [Match's] subscriber or revenue growth trajectory, as users demonstrated a preference to separate their social and dating lives," Black wrote in a note to clients. Meanwhile, Match's stock selloff dragged shares of IAC/InterActiveCorp down 4.3%, after they were up as much as 1.7% earlier. IAC is Match's largest shareholder, as IAC is Match's parent company. Last month, IAC said it was reviewing whether to spin off Match.
- Simply Wall St.
Was IAC/InterActiveCorp's (NASDAQ:IAC) Earnings Growth Better Than The Industry's?
Measuring IAC/InterActiveCorp's (NASDAQ:IAC) track record of past performance is a useful exercise for investors. It...
- GuruFocus.com
Iac/interactivecorp (IAC) EVP & CSO Mark J Stein Sold $9.9 million of Shares
EVP & CSO of Iac/interactivecorp (30-Year Financial, Insider Trades) Mark J Stein (insider trades) sold 38,993 shares of IAC on 09/03/2019 at an average price of $254.77 a share. Continue reading...
- GuruFocus.com
Iac/interactivecorp (IAC) EVP and GC Gregg Winiarski Sold $18.6 million of Shares
EVP and GC of Iac/interactivecorp (30-Year Financial, Insider Trades) Gregg Winiarski (insider trades) sold 73,409 shares of IAC on 08/28/2019 at an average price of $253.54 a share. Continue reading...
Motley FoolIAC/InterActiveCorp (IAC) Q2 2019 Earnings Call Transcript
IAC earnings call for the period ending June 30, 2019.
- PR Newswire
NurseFly Announces Acquisition by IAC
SAN FRANCISCO, Aug. 20, 2019 /PRNewswire/ -- Today, NurseFly, a fast-growing marketplace targeting the $17 billion temporary healthcare staffing industry, announced its acquisition by IAC (IAC). NurseFly will join IAC's Emerging & Other segment which also houses the on-demand staffing platform Bluecrew. Founded in 2017, NurseFly's platform aggregates the largest index of real-time travel nursing jobs nationwide, offering travel healthcare professionals unprecedented transparency to aid in their job search.
- Simply Wall St.
What Are Analysts Expecting From IAC/InterActiveCorp (NASDAQ:IAC) In The Year Ahead?
As IAC/InterActiveCorp (NASDAQ:IAC) announced its recent earnings release on 30 June 2019, the consensus outlook from...
- Zacks
Another 1% Rally Provides a Strong Start to the Week
Another 1% Rally Provides a Strong Start to the Week
- Barrons.com
The Dating Business Is IAC’s Best Asset — And It’s Greatest Challenge
IAC helped make big brands like Expedia, Ticketmaster, and HSN. Its next act could be just as rewarding.
- American City Business Journals
What IAC's past spinoffs can tell us about the future of Denver's Angi Homeservices
The company has a history of spinning off large companies that stay successful after they separate from their parent. It also has a long-standing Denver connection.
- Zacks
Top Stock Picks for Week of August 12, 2019
Two Companies Surpassing Consensus and Revenue Estimates.
- Benzinga
Nomura Bullish On InterActiveCorp, Cautious On ANGI Homeservices After Quarterly Reports
Nomura Instinet is staying bullish on IAC/InterActiveCorp (NASDAQ: IAC) after its second-quarter report Wednesday and word that IAC is considering shedding its publicly traded subsidiary ANGI Homeservices Inc (NASDAQ: ANGI) — which was the only real drag on IAC during the quarter. Mark Kelley maintained a Buy rating on IAC/InterActiveCorp and boosted the target price from $282 to $314.
- Zacks
MercadoLibre (MELI) Q2 Earnings & Revenue Beat Estimates
MercadoLibre's (MELI) second-quarter results benefit from solid total payment volume growth and strong momentum across all the regions.
- Moody's
Match Group, Inc. -- Moody's says IAC/InterActiveCorp's possible separation of Match and/or ANGI would be credit negative; Ba2 CFR not immediately impacted
Moody's Investors Service ("Moody's") said IAC/InterActiveCorp's Ba2 Corporate Family Rating (CFR), existing debt ratings (at IAC and Match Group) and stable outlook are not immediately impacted by yesterday's announcement that IAC will explore the possible distribution of its equity interests in its two largest subsidiaries, Match Group and ANGI Homeservices, to IAC's shareholders. With principal executive offices in New York , N.Y., IAC/InterActiveCorp is a leading media and internet company that owns more than 150 internet-based brands and products.
- MarketWatch
IAC could become ‘a very different company’ in the next year
Analysts see an “interesting” year ahead for IAC/InterActiveCorp., as the company considers whether to spin off subsidiaries ANGI Homeservices Inc. and Match Group Inc. and works to solve ANGI’s marketing issues.
- Benzinga
IAC CEO Says Match Group Can 'Stand On Its Own'
IAC owns an 80% stake in Match Group, the parent company of multiple dating apps including Tinder. The company also owns an 83% stake in Angi Homeservices, the digital marketplace company with brands including Angie's List and Handy. On Thursday, IAC CEO Joey Levin told CNBC in an interview that the company has spun off around nine businesses to shareholders over its 15-year history.
- Zacks
Booking Holdings (BKNG) Q2 Earnings & Revenues Top Estimates
Booking Holdings' (BKNG) second-quarter results benefit from solid growth in booked room nights and strong performance of merchant and, advertising and other businesses.
- Zacks
IAC/Interactive (IAC) Q2 Earnings and Revenues Beat Estimates
IAC/Interactive (IAC) delivered earnings and revenue surprises of 29.35% and 0.44%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- American City Business Journals
Angi Homeservices CEO talks possible spinoff from parent company
Angi Homeservices (Nasdaq: ANGI) may be preparing to stand on its own, as its parent company IAC considers spinning the public company off. IAC (Nasdaq: IAC) told its shareholders in a letter on Wednesday that it was considering spinning off its two large publicly traded subsidiaries — Denver-based Angi and Match. The company said it hasn’t made a decision, but has been considering spinning off one, both or neither.
- Investor's Business Daily
Match Stock Gaps Up, Looks For Consolidation Amid Short Squeeze
Match Group stock gapped up on its second-quarter earnings beat, once again squeezing short investors that bet against the company, which owns the popular mobile dating app Tinder.
