28-Mar-2024
IAC/InteractiveCorp: Strong Free Cash Flow Growth and Undervalued Assets Justify Buy Rating
TipRanks (Thu, 28-Mar 4:05 PM ET)
Care.com Report Reveals Workplace Common Ground: Care Benefits
Business Wire (Tue, 5-Mar 9:00 AM ET)
IAC Earnings Release and Letter to Shareholders Available on Company's Website
PRNewswire (Tue, 13-Feb 4:10 PM ET)
Angi Inc. Earnings Release Available on Company's Website
Globe Newswire (Tue, 13-Feb 4:10 PM ET)
IAC TO ANNOUNCE Q4 2023 EARNINGS ON FEBRUARY 13th AND HOST EARNINGS CONFERENCE CALL ON FEBRUARY 14th
PRNewswire (Wed, 17-Jan 4:10 PM ET)
Globe Newswire (Wed, 17-Jan 4:10 PM ET)
Business Wire (Wed, 17-Jan 9:00 AM ET)
Robotexts Jump to 19 Billion As 2023 Winds Down, According to Robokiller Insights
PRNewswire (Thu, 11-Jan 9:15 AM ET)
Bending Spoons Acquires Mosaic Group Digital Assets From IAC
Business Wire (Wed, 10-Jan 8:30 AM ET)
IAC is an internet media company with segments that include Angi (33% of total revenue), Dotdash Meredith (39%), search (14%), and emerging and other (14%). The firm spun off the narrow-moat dating app provider Match Group in second-quarter 2020 and the no-moat video software provider Vimeo in second-quarter 2021.
Iac trades on the NASDAQ stock market under the symbol IAC.
As of March 28, 2024, IAC stock price climbed to $53.34 with 405,041 million shares trading.
IAC has a beta of 1.53, meaning it tends to be more sensitive to market movements. IAC has a correlation of 0.33 to the broad based SPY ETF.
IAC has a market cap of $4.58 billion. This is considered a Mid Cap stock.
Last quarter Iac reported $1 billion in Revenue and $3.70 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $3.83.
In the last 3 years, IAC stock traded as high as $261.42 and as low as $41.39.
The top ETF exchange traded funds that IAC belongs to (by Net Assets): VTI, VB, VBR, VXF, VOX.
IAC has underperformed the market in the last year with a return of +6.5%, while the SPY ETF gained +33.6%. In the last 3 month period, IAC fell short of the market, returning +1.9%, while SPY returned +10.1%. However, in the most recent 2 weeks IAC has outperformed the stock market by returning +3.2%, while SPY returned +1.7%.
IAC support price is $51.87 and resistance is $53.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IAC stock will trade within this expected range on the day.