IAC - IAC/InterActiveCorp
| Previous Close | 215.95 |
| Open | 215.39 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1300 |
| Day's Range | 214.47 - 217.40 |
| 52 Week Range | 161.39 - 268.72 |
| Volume | 337,929 |
| Avg. Volume | 845,718 |
| Market Cap | 18B |
| Beta (3Y Monthly) | 0.88 |
| PE Ratio (TTM) | 39.39 |
| EPS (TTM) | 5.50 |
| Earnings Date | Feb 5, 2020 - Feb 10, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2015-11-10 |
| 1y Target Est | 277.68 |
- PR Newswire
IAC Launches Fellowship Program
Today, IAC (NASDAQ: IAC) announced IAC Fellows, a new immersive education program designed to empower high-achieving students from underserved and under-resourced communities in New York City and beyond. The initiative provides participants with the resources, education, and experiences to excel not only in academics and career pursuits, but to build successful and satisfying lives. Core to the program are multiple paid internships that rotate across leading IAC companies—such as Vimeo and The Daily Beast—over the course of six consecutive years. Upon graduation from the program, should a Fellow take a full-time role at IAC or any of its brands, IAC will pay off all of their student debt.
- MarketWatch
Expedia stock soars after CEO and CFO are ousted in disagreement with board
Shares of Expedia Group Inc. soared more than 7% Wednesday, after the online travel services company surprised the market with the news that its CEO and CFO are out after about two years in their roles, following a disagreement with the board of directors on strategy.
- Simply Wall St.
Here's Why I Think IAC/InterActiveCorp (NASDAQ:IAC) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
- PR Newswire
IAC to Attend Barclays Global Technology, Media and Telecommunications Conference
IAC (Nasdaq: IAC), will attend the Barclays Global Technology, Media and Telecommunications Conference in San Francisco at The Palace Hotel on Thursday, December 12, 2019. Glenn Schiffman, Chief Financial Officer of IAC, will participate in a fireside chat at 9:30 a.m. PT. A live webcast will be available to the public at https://cc.talkpoint.com/barc002/121119a_js/?entity=29_ISNNNF6 and a replay of the webcast will be available at http://www.iac.com/Investors/ for 90 days following the conference.
- PR Newswire
Vimeo to Attend UBS Global TMT Conference
Vimeo, an operating business of IAC (Nasdaq: IAC), will attend the UBS Global TMT Conference in New York at the Hilton Hotel on Monday, December 9, 2019. Anjali Sud, Chief Executive Officer of Vimeo, will participate in a fireside chat at 9:15 a.m. ET. A live webcast will be available to the public at https://cc.talkpoint.com/ubsx001/120919a_as/?entity=11_XVQD8GW and a replay of the webcast will be available at http://www.iac.com/Investors/ for 90 days following the conference.
- Insider Monkey
IAC/InterActiveCorp (IAC): Hedge Funds In Wait-and-See Mode
Is IAC/InterActiveCorp (NASDAQ:IAC) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. The […]
- PR Newswire
Dotdash to Participate at Wells Fargo TMT Summit
Dotdash, an operating business of IAC (Nasdaq: IAC), will attend the Wells Fargo TMT Summit in Las Vegas at The Cosmopolitan of Las Vegas on Wedensday, December 4, 2019. Neil Vogel, Chief Executive Officer of Dotdash, will present at 3:55 p.m. PT. A live webcast of the presentation will be available to the public at https://cc.talkpoint.com/well001/120319a_js/?entity=34_WBXW3KR
- PR Newswire
IAC to Participate in the 41st Nasdaq Investor Conference
IAC (Nasdaq: IAC), will attend the 41st Nasdaq Investor Conference in London at The May Fair Hotel on Tuesday, December 3, 2019. Joey Levin, Chief Executive Officer, will participate in a fireside chat at 1:00 p.m. GMT. A live webcast of the fireside chat will be available to the public at https://edge.media-server.com/mmc/p/428rwiid and a replay of the webcast will be available at http://www.iac.com/Investors/ for a period of 90 days.
- TheStreet.com
[video]IAC's CFO Talks About Holding Onto ANGI and the Current M&A Environment
During a talk with TheStreet, CFO Glenn Schiffman talked about IAC's reasons for holding off on an ANGI Homeservices spinoff, as well as the differences between private and public valuations.
- PR Newswire
Bluecrew Reveals Five Job Trends to Watch in 2020
CHICAGO, Nov. 21, 2019 /PRNewswire/ -- Bluecrew, the on-demand staffing technology platform exclusively for flexible W-2 work, revealed its list of predictions and trends to watch in 2020 which includes five key themes expected to emerge among employers and the hourly workforce in the coming year. Bluecrew tapped insights from industry leaders, employers, and hourly workers to construct its annual list. "Not only are employers facing unemployment at a 50-year low, they're also going head-to-head with gig companies that offer workers a level of flexibility that was previously unprecedented," said Adam Roston, CEO of Bluecrew.
- Moody's
IAC/InterActiveCorp -- Moody's announces completion of a periodic review of ratings of IAC/InterActiveCorp
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of IAC/InterActiveCorp and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Simply Wall St.
When Should You Buy IAC/InterActiveCorp (NASDAQ:IAC)?
Let's talk about the popular IAC/InterActiveCorp (NASDAQ:IAC). The company's shares received a lot of attention from a...
- Investopedia
Expedia Stock in Freefall After Weak Quarter
Travel giant Expedia is trading more than 20% lower in Thursday's session after missing third quarter profit and revenue estimates.
- MarketWatch
IAC talks growth of smaller businesses after earnings as it prepares for potential Match spinoff
InterActiveCorp. touted the beginning of a turnaround for ANGI Homeservices Inc. and growth for its smaller properties Wednesday as the company highlighted what its business could look like if a separation with Match Group Inc. goes through.
- Zacks
IAC/Interactive (IAC) Tops Q3 Earnings and Revenue Estimates
IAC/Interactive (IAC) delivered earnings and revenue surprises of 32.35% and 0.87%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire
IAC Earnings Release and Letter to Shareholders Available on Company's IR Site
NEW YORK , Nov. 6, 2019 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its third quarter financial results and a letter to shareholders on the investor relations section of the company's website at ir.iac.com/financial-information/quarterly-results ...
- Barrons.com
IAC’s Profits Topped Estimates. Holders Await Distribution of Match Stock.
IAC CEO Joey Levin said a board committee continues to review a proposal to distribute the internet company’s 80.8% stock in Match to shareholders.
- GuruFocus.com
Match Group Tumbles Despite Earnings Beat
Third quarter revenue grows 22% year over year Continue reading...
- TipRanks
Earnings: 3 ‘Strong Buy’ Stocks to Watch Wednesday
As earnings season comes to a close, investors remain laser focused on the market. With this month marking week five of third quarter earnings season, 81% of S&P 500 companies have already posted Q3 numbers. According to Merrill Lynch, these results have surpassed the consensus estimate by 3% and have caused significant reactions within the market.“Stock reactions following earnings have been slightly bigger than usual this earnings season in both directions,” Savita Subramanian wrote in a note to clients.What does this mean for the companies that have yet to report earnings results? To find the answer to this question, we turned to TipRanks, a Financial Accountability Engine that measures and ranks analysts based on their performance.Using the TipRanks' Stock Screener tool, we were able to take a closer look at stocks ahead of their third quarter earnings releases. As a result, we found 3 tickers that have been given Wall Street’s blessing going into their November 6 earnings releases (after market closes). In addition, each has amassed enough bullish recommendations over the last three months to earn a “Strong Buy” consensus rating.So here are the three 'Strong Buy' stocks to watch this Wednesday: IAC/InterActiveCorp (IAC)IAC is a media and internet company that’s made up of more than 150 different brands and products, with well-known names including Angie’s List, Dotdash and Vimeo. It should also be noted that the company currently owns 80.5% of the outstanding equity and 97.5% of the total voting power of Match Group (MTCH), Tinder’s parent company. With its strong momentum expected to continue through the second half of 2019, it’s no wonder the Street is picking IAC ahead of its Q3 earnings release.SunTrust Robinson’s Youssef Squali tells investors that he expects the results to fall in-line with consensus estimates. This amounts to a 12%-plus year-over-year revenue gain and about 21% margin, driven by revenue from MTCH and ANGI Homeservices (ANGI).That being said, the five-star analyst is excited about the potential of both DotDash and Vimeo to fuel substantial gains. IAC has supported both of these brands with its recent acquisitions, Liquor.com for Dotdash and Magisto for Vimeo. Not to mention the proposed Match spinoff would see all of the $1.7 billion worth of exchangeable debt move away from IAC to MTCH, according to the analyst.Squali adds, “Given its strong balance sheet, IAC is well-positioned for opportunistic M&A to bolster existing businesses and/or expand into new verticals, in our view”. All of the above factors played into his conclusion that IAC is still a Buy. At his $265 price target, shares could surge 18% over the next twelve months. (To watch Squali’s track record, click here)Based on the 15 Buy ratings vs no Holds or Sells assigned in the last three months, other Wall Street analysts agree that this ‘Strong Buy’ is a solid bet. It also doesn’t hurt that its $302 average price target implies 34% upside potential. (See IAC stock analysis on TipRanks) EOG Resources (EOG)Unlike the other names on our list, this stock is on Wall Street’s radar as a result of emerging regulatory challenges rather than its upcoming third quarter earnings release.Investor focus has locked in on determining how the oil producer will navigate potential regulatory changes as a result of the 2020 Presidential election in the U.S. The oil company has been feeling the heat following a tweet from Senator Elizabeth Warren that stated she would sign an executive order to put a total moratorium on all new fossil fuel leases for drilling offshore and on public lands as well as a frack ban in place if she is elected. This would not bode well for EOG as about 50% of its assets in the Delaware Basin and 60% of its acreage in the Powder River Basin are on federal lands.Nonetheless, J.P. Morgan analyst Arun Jayaram argues that now is not the time to panic. “We think EOG will emphasize the flexibility that exists within its multi-basin portfolio and ability to pivot its development activity to private leasehold should a ‘worst case’ scenario occur. We also expect the company to highlight its strong environmental track record and meaningful financial support that the industry provides states such as New Mexico through oil and gas taxes and capital investments,” he wrote in a note to clients.It should also be noted that even though oil volumes and cash flow are forecasted to fall slightly below consensus estimates, productivity in the Delaware Basin has been much stronger than previously expected.With this in mind, Jayaram maintained his bullish thesis. In addition to his Buy rating, his $100 price target suggests 36% upside from the current share price. (To watch Jayaram’s track record, click here)In general, Wall Street is optimistic when it comes to EOG. 9 Buy ratings and 3 Holds received in the last three months add up to a ‘Strong Buy’ analyst consensus. Adding to the good news, its $98 average price target puts the upside potential at 33%. (See EOG Resources stock analysis on TipRanks) Hologic (HOLX)Hologic is best known as a medical technology company specializing in women’s health. Its products enable earlier and more accurate results for diagnosis and intervention, as well as provide surgical and medical aesthetics solutions. That being said, one top analyst is highlighting HOLX based on the huge upside potential from its molecular diagnostics business.Piper Jaffray’s William Quirk points out that when looking at the rolling two year average, he sees 3%-5.5% potential upside, which amounts to $4.2-$8.2 million, assuming prevailing growth trends hold up. “Considering the growing viral business in the U.S., we believe this is a good candidate for near-term upside,” he opined.Meanwhile, the GynSurg segment is also a must-watch area of the business thanks to the comp plan change back in October 2018 that has led to its reinvigoration.With its Breast Health business also expected to exceed guidance, Quirk sees big things in store for the med tech company. “Accordingly, we believe HOLX shares can keep moving higher on 4Q19 upside. We see limited risk heading into 2020 guidance given current Street expectations,” the analyst explained.As a result, Quirk kept his Buy rating and $59 price target. At this target, the upside potential lands at 21%. (To watch Quirk’s track record, click here)Due to the fact that only bullish calls have been published in the last three months, the word on the Street is that HOLX is a ‘Strong Buy’. On top of this, its $58 average price target indicates 19% upside potential. (See Hologic stock analysis on TipRanks)
- Zacks
E-commerce Stocks' Nov 6 Earnings Roster: EXPE, IAC & More
Here is a sneak peek at how five e-commerce stocks might have performed, which is likely to reflect on their quarterly results slated to release on Nov 6.
- PR Newswire
Robocall Nightmare Spikes Again In October
SOUTH AMBOY, N.J., Nov. 5, 2019 /PRNewswire/ -- RoboKiller, the app that stops spam calls, announced today that it estimates 5.5. According to RoboKiller, California, Texas, and Florida were the states most impacted by spam during the month. The usual barrage of car warranty and free cruise offers were popular, but healthcare related calls topped RoboKiller's charts as the November Obamacare deadline approached.
- Zacks
Analysts Estimate IAC/Interactive (IAC) to Report a Decline in Earnings: What to Look Out for
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.
- Reuters
IAC must face Tinder co-founder's $2 billion lawsuit: NY appeals court
A New York state appeals court on Tuesday rejected IAC/InterActiveCorp's bid to dismiss a $2 billion lawsuit by a group of Tinder founders, executives and early employees who said it undervalued the dating app to avoid paying them billions of dollars. The Appellate Division in Manhattan said Tinder co-founder Sean Rad and the other five plaintiffs, who also sued IAC's Match Group Inc unit, were not bound under their stock options agreements to what they considered artificially low valuations of their stakes. The decision affirmed a June 13 ruling by New York State Supreme Court Justice Saliann Scarpulla in Manhattan.
- Reuters
UPDATE 1-IAC must face Tinder co-founder's $2 billion lawsuit--NY appeals court
A New York state appeals court on Tuesday rejected IAC/InterActiveCorp's bid to dismiss a $2 billion lawsuit by a group of Tinder founders, executives and early employees who said it undervalued the dating app to avoid paying them billions of dollars. The Appellate Division in Manhattan said Tinder co-founder Sean Rad and the other five plaintiffs, who also sued IAC's Match Group Inc unit, were not bound under their stock options agreements to what they considered artificially low valuations of their stakes.
