IAC Stock Summary and Trading Ideas (Iac | NASDAQ:IAC)

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 December 13, 2024, IAC stock price declined to $44.47 with 688,609 million shares trading.

IAC has a beta of 1.36, meaning it tends to be more sensitive to market movements. IAC has a correlation of 0.22 to the broad based SPY ETF.

IAC has a market cap of $3.84 billion. This is considered a Mid Cap stock.

Last quarter Iac reported $939 million in Revenue and -$2.93 earnings per share. This beat revenue expectation by $17 million and missed earnings estimates by -$2.71.

In the last 3 years, IAC traded as high as $140.77 and as low as $41.39.

The top ETF exchange traded funds that IAC belongs to (by Net Assets): IJR, VTI, VB, VBR, VXF.

IAC has underperformed the market in the last year with a price return of -11.7% while the SPY ETF gained +29.9%. IAC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.9% and -6.0%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

IAC support price is $45.47 and resistance is $47.01 (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 shares will trade within this expected range on the day.