IAC Inc.

Company Profile

IAC Inc. had its IPO on 1992-05-28 under the ticker symbol IAC.

The company operates in the Communication Services sector and Internet Content & Information industry. IAC Inc. has a staff strength of 11,000 employees.

Stock update

Shares of IAC Inc. opened at $52.41 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $52.17 - $53.49, and closed at $52.69.

This is a +0.27% increase from the previous day's closing price.

A total volume of 455,257 shares were traded at the close of the day’s session.

In the last one week, shares of IAC Inc. have slipped by -5.51%.

IAC Inc.'s Key Ratios

IAC Inc. has a market cap of $4.51 billion, indicating a price to book ratio of 0.722 and a price to sales ratio of 0.782.

In the last 12-months IAC Inc.’s revenue was $4.74 billion with a gross profit of $3.34 billion and an EBITDA of $3.68 million. The EBITDA ratio measures IAC Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, IAC Inc.’s operating margin was -9.45% while its return on assets stood at -2.63% with a return of equity of 3.64%.

In Q2, IAC Inc.’s quarterly earnings growth was a negative -97.6% while revenue growth was a negative 18.4%.

IAC Inc.’s PE and PEG Ratio

Forward PE

178.5714

Trailing PE

18.7679

PEG

13.6232

Its diluted EPS in the last 12-months stands at $2.8 per share while it has a forward price to earnings multiple of 178.5714 and a PEG multiple of 13.6232. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into IAC Inc.’s profitability.

IAC Inc. stock is trading at a EV to sales ratio of 0.912 and a EV to EBITDA ratio of -4.474. Its price to sales ratio in the trailing 12-months stood at 0.782.

IAC Inc. stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$10.55 billion

Total Liabilities

$1.03 billion

Operating Cash Flow

$-17578000.00

Capital Expenditure

$86.24 million

Dividend Payout Ratio

0%

IAC Inc. ended 2024 with $10.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.55 billion while shareholder equity stood at $6.12 billion.

IAC Inc. ended 2024 with $28.84 million in deferred long-term liabilities, $1.03 billion in other current liabilities, 9000.00 in common stock, $63.71 million in retained earnings and $3.03 billion in goodwill. Its cash balance stood at $1.33 billion and cash and short-term investments were $1.44 billion. The company’s total short-term debt was $30,000,000 while long-term debt stood at $3.84 billion.

IAC Inc.’s total current assets stands at $2.20 billion while long-term investments were $3.27 billion and short-term investments were $115.56 million. Its net receivables were $521.67 million compared to accounts payable of $127.67 million and inventory worth $0.

In 2024, IAC Inc.'s operating cash flow was $-17578000.00 while its capital expenditure stood at $86.24 million.

Comparatively, IAC Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$52.69

52-Week High

$69.85

52-Week Low

$41.52

Analyst Target Price

$81.53

IAC Inc. stock is currently trading at $52.69 per share. It touched a 52-week high of $69.85 and a 52-week low of $69.85. Analysts tracking the stock have a 12-month average target price of $81.53.

Its 50-day moving average was $61.12 and 200-day moving average was $54.84 The short ratio stood at 3 indicating a short percent outstanding of 0%.

Around 596.4% of the company’s stock are held by insiders while 8863.6% are held by institutions.