6 Analysts Have This To Say About IAC

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In the latest quarter, 6 analysts provided ratings for IAC IAC, showcasing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 4 1 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 1 3 1 0 0

Analysts have set 12-month price targets for IAC, revealing an average target of $70.33, a high estimate of $80.00, and a low estimate of $64.00. This upward trend is evident, with the current average reflecting a 3.17% increase from the previous average price target of $68.17.

Interpreting Analyst Ratings: A Closer Look

The standing of IAC among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Justin Patterson Keybanc Lowers Overweight $64.00 $72.00
Justin Patterson Keybanc Raises Overweight $72.00 $70.00
Kunal Madhukar UBS Raises Neutral $64.00 $60.00
Ross Sandler Barclays Raises Overweight $72.00 $62.00
Youssef Squali Truist Securities Raises Buy $80.00 $77.00
Justin Patterson Keybanc Raises Overweight $70.00 $68.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to IAC. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of IAC compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of IAC's stock. This examination reveals shifts in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of IAC's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on IAC analyst ratings.

About 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.

Financial Insights: IAC

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: IAC's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -15.12%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.

Net Margin: IAC's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 30.11%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.39%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): IAC's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.12%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.33.

Analyst Ratings: What Are They?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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