1 week Ago By Defense World Staff
IAC Inc. ( NASDAQ:IAC – Get Free Report ) has been assigned a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company.
The average 12 month target price among brokerages that have issued a report on the stock in the last year is $68.33. Several equities analysts recently commented on the stock.
Truist Financial reduced their price objective on shares of IAC from $88.00 to $80.00 and set a “buy” rating for the company in a research note on Wednesday, November 13th.
KeyCorp reduced their price target on shares of IAC from $66.00 to $60.00 and set an “overweight” rating for the company in a research report on Wednesday, November 20th.
Piper Sandler downgraded IAC from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $68.00 to $54.00 in a research report on Tuesday, December 10th.
Barclays reduced their target price on IAC from $70.00 to $66.00 and set an “overweight” rating for the company in a research report on Wednesday, November 13th.
Finally, Benchmark reaffirmed a “buy” rating and issued a $110.00 price target on shares of IAC in a report on Tuesday, November 12th. Read Our Latest Stock Report on IAC Institutional Trading of IAC IAC Price Performance IAC stock opened at $43.
14 on Thursday. The business’s 50 day simple moving average is $47.33 and its 200 day simple moving average is $49.
46. IAC has a 12 month low of $41.08 and a 12 month high of $58.
29. The company has a market cap of $3.47 billion, a price-to-earnings ratio of -100.
32 and a beta of 1.31. The company has a current ratio of 2.
75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.30.
IAC ( NASDAQ:IAC – Get Free Report ) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($2.93) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.
20) by ($2.73). The firm had revenue of $938.
70 million during the quarter, compared to the consensus estimate of $922.62 million. IAC had a negative net margin of 0.
34% and a negative return on equity of 5.63%. The company’s revenue was down 15.
5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.30) earnings per share.
Sell-side analysts forecast that IAC will post -3.97 EPS for the current year. IAC Company Profile ( Get Free Report IAC Inc, together with its subsidiaries, operates as a media and internet company worldwide.
The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. Featured Stories Five stocks we like better than IAC Where Do I Find 52-Week Highs and Lows? Work and Play: Investing in the Rise of Bleisure Travel 5 discounted opportunities for dividend growth investors Top Dividend Stocks to Buy Now as Bond Yields Could Lower Mastering Discipline: Overcoming Emotional Challenges In Trading SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for IAC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IAC and related companies with MarketBeat.com's FREE daily email newsletter .
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