Press coverage about IAC (NASDAQ:IAC) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. IAC earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.4654631935922 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
A number of analysts recently issued reports on IAC shares. Benchmark lifted their price objective on IAC from $176.00 to $182.00 in a research report on Friday, May 11th. Barclays reissued a “buy” rating and set a $178.00 price objective on shares of IAC in a research report on Tuesday, May 8th. Jefferies Financial Group reduced their price objective on IAC from $190.00 to $165.00 and set a “buy” rating for the company in a research report on Wednesday, May 2nd. Credit Suisse Group raised IAC to a “buy” rating and set a $194.00 price objective for the company in a research report on Sunday, April 22nd. Finally, Wells Fargo & Co reissued a “buy” rating and set a $185.00 price objective on shares of IAC in a research report on Friday, March 9th. One analyst has rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $176.80.
Shares of NASDAQ:IAC opened at $158.50 on Monday. IAC has a fifty-two week low of $98.91 and a fifty-two week high of $166.64. The stock has a market capitalization of $13.26 billion, a price-to-earnings ratio of 205.84, a P/E/G ratio of 4.80 and a beta of 1.20. The company has a quick ratio of 2.68, a current ratio of 2.68 and a debt-to-equity ratio of 0.64.
IAC (NASDAQ:IAC) last posted its quarterly earnings data on Wednesday, May 9th. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.33. The business had revenue of $995.00 million for the quarter, compared to analyst estimates of $922.17 million. IAC had a return on equity of 4.69% and a net margin of 9.88%. The firm’s revenue for the quarter was up 30.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.29 earnings per share. analysts predict that IAC will post 3.97 EPS for the current fiscal year.
IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally. It operates through Match Group, ANGI Homeservices, Video, Applications, and Publishing segments. The Match Group segment provides subscription dating products, which enable users to establish a profile and review the profiles of other users in 42 languages.
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