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Communication Services - Internet Content & Information - NASDAQ - US
$ 46.95
-0.0639 %
$ 4.05 B
Market Cap
-120.38
P/E
1. INTRINSIC VALUE

IAC/InterActiveCorp 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. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications.[ Read More ]

The intrinsic value of one IAC stock under the base case scenario is HIDDEN Compared to the current market price of 47 USD, IAC Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IAC

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FINANCIALS
4.37 B REVENUE
-16.62%
258 M OPERATING INCOME
171.35%
258 M NET INCOME
121.61%
190 M OPERATING CASH FLOW
328.92%
-87.5 M INVESTING CASH FLOW
82.32%
-223 M FINANCING CASH FLOW
-97.97%
939 M REVENUE
-1.14%
16.3 M OPERATING INCOME
236.06%
-237 M NET INCOME
-66.40%
95.3 M OPERATING CASH FLOW
12.14%
46 M INVESTING CASH FLOW
-0.84%
-37.6 M FINANCING CASH FLOW
-78.71%
Balance Sheet Decomposition IAC Inc.
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Current Assets 2.24 B
Cash & Short-Term Investments 1.45 B
Receivables 537 M
Other Current Assets 257 M
Non-Current Assets 8.13 B
Long-Term Investments 3.35 B
PP&E 755 M
Other Non-Current Assets 4.02 B
Current Liabilities 950 M
Accounts Payable 106 M
Short-Term Debt 98.1 M
Other Current Liabilities 747 M
Non-Current Liabilities 2.63 B
Long-Term Debt 2.39 B
Other Non-Current Liabilities 238 M
EFFICIENCY
Earnings Waterfall IAC Inc.
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Revenue 4.37 B
Cost Of Revenue 1.34 B
Gross Profit 3.02 B
Operating Expenses 3.28 B
Operating Income 258 M
Other Expenses 0
Net Income 258 M
RATIOS
69.23% GROSS MARGIN
69.23%
5.92% OPERATING MARGIN
5.92%
6.09% NET MARGIN
6.09%
4.38% ROE
4.38%
2.56% ROA
2.56%
2.24% ROIC
2.24%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis IAC Inc.
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Net Income 258 M
Depreciation & Amortization 471 M
Capital Expenditures -141 M
Stock-Based Compensation 117 M
Change in Working Capital -227 M
Others -588 M
Free Cash Flow 48.2 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets IAC Inc.
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Wall Street analysts predict an average 1-year price target for IAC of $73.7 , with forecasts ranging from a low of $60 to a high of $88 .
IAC Lowest Price Target Wall Street Target
60 USD 27.80%
IAC Average Price Target Wall Street Target
73.7 USD 56.98%
IAC Highest Price Target Wall Street Target
88 USD 87.43%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.0741 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership IAC Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Nov 23, 2022
Bought 1.56 M USD
EISNER MICHAEL D
Director
+ 32600
47.91 USD
1 year ago
Nov 22, 2022
Bought 3.44 M USD
EISNER MICHAEL D
Director
+ 73641
46.78 USD
4 years ago
Aug 12, 2020
Sell 378 K USD
Schwerdtman Michael H
SVP and Controller (CAO)
- 3097
121.95 USD
4 years ago
Aug 12, 2020
Bought 12.3 K USD
EISNER MICHAEL D
Director
+ 100
123.09 USD
4 years ago
Aug 12, 2020
Bought 4.97 M USD
EISNER MICHAEL D
Director
+ 40455
122.85 USD
7. News
IAC: Ad Market Improvements To Be Offset By FCC, And Angi Spin-Off Confusions IAC saw an improving ad market despite the issues of being an advertiser in a distracting election cycle. The sum of the parts analysis could be more emphasized by a lower tax burden, depending on election outcomes in other branches, and also by the Angi spin-off. Angi restructuring seems to be working, although markets did not appreciate the spin-off announcement, which might have been interpreted as a lack of confidence. seekingalpha.com - 3 days ago
IAC Inc. (IAC) Q3 2024 Earnings Call Transcript IAC Inc. (NASDAQ:IAC ) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO & COO Joey Levin - CEO Jeff Kipp - CEO and Director, Angi Inc. Conference Call Participants Cory Carpenter - JP Morgan Jason Helfstein - Oppenheimer John Blackledge - TD Cowen Eric Sheridan - Goldman Sachs Ross Sandler - Barclays Daniel Kurnos - The Benchmark Company Tom Champion - Piper Sandler Youssef Squali - Truist Yugal Arouninan - Citigroup Nick Jones - Citizens JMP Operator Welcome to the IAC, and Angi's Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. seekingalpha.com - 4 days ago
IAC weighs home services unit Angi's spin-off as Dotdash Meredith drives revenue IAC said it was exploring a spin-off of its majority stake in home services unit Angi after the internet holding company beat third-quarter revenue expectations on Monday thanks to steady ad demand for its biggest business, Dotdash Meredith. reuters.com - 4 days ago
IAC Considers A Spin-Off Of Angi After Q3 Report IAC IAC announced in its third-quarter earnings report that it is considering a strategic move to spin off its ownership stake in Angi Inc. ANGI. benzinga.com - 4 days ago
IAC (IAC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for IAC (IAC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 4 days ago
IAC (IAC) Reports Q3 Loss, Tops Revenue Estimates IAC (IAC) came out with a quarterly loss of $2.93 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.30 per share a year ago. zacks.com - 4 days ago
Angi, the home improvement site, could become a standalone company, IAC says Angi, the home improvement site once known as Angie's List, could soon be on the market as parent IAC Inc. seeks to simplify itself and free up capital. marketwatch.com - 4 days ago
IAC CEO on M&A opportunities, spinoff from ANGI and AI Joey Levin, IAC CEO, joins 'Closing Bell: Overtime' to discuss IAC earnings, considering a spin-off of its ownership stake in ANGI, M&A opportunities and AI. youtube.com - 4 days ago
IAC Earnings Release and Letter to Shareholders Available on Company's Website NEW YORK , Nov. 11, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its third quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.com/quarterly-results.  As announced previously, IAC and Angi Inc. will host a conference call to discuss both companies' respective third quarter results and to answer questions. prnewswire.com - 4 days ago
IAC exploring spinoff of home improvement marketplace Angi IAC is weighing a spinoff of its 85% stake in home improvement services platform Angi. The company said there's no specific timeline for when the Angi spinoff will take place, but a transaction would likely occur by the end of IAC's second quarter. cnbc.com - 4 days ago
IAC to Participate in Truist Securities Internet Growth Summit NEW YORK , Nov. 6, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in Truist Securities Internet Growth Summit on Thursday, November 14, 2024. Chris Halpin, Executive Vice President, CFO and COO of IAC, will participate in a fireside chat at 9:00 a.m. prnewswire.com - 1 week ago
Seeking Clues to IAC (IAC) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics Besides Wall Street's top -and-bottom-line estimates for IAC (IAC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024. zacks.com - 1 week ago
8. Profile Summary

IAC Inc. IAC

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COUNTRY US
INDUSTRY Internet Content & Information
MARKET CAP $ 4.05 B
Dividend Yield 0.00%
Description IAC/InterActiveCorp 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. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC HOLDINGS, INC. IAC/InterActiveCorp is headquartered in New York, New York.
Contact 555 West 18Th Street, New York, NY, 10011 https://www.iac.com
IPO Date Jan. 19, 1993
Employees 9500
Officers Mr. Joseph M. Levin Chief Executive Officer & Director Ms. Valerie Combs Senior Vice President & Head of Communications Mr. Glenn Howard Schiffman Executive Vice President & Chief Financial Officer of Fanatics Ms. Shruti Chaudhari Senior Vice President of Internal Audit Mr. Timothy Allen Chief Executive Officer of Ask Media Group Ms. Kendall Handler Executive Vice President, Chief Legal Officer & Secretary Mr. Christopher P. Halpin Executive Vice President, Chief Financial Officer & Chief Operating Officer Ms. Lauren Geer Senior Vice President & Chief Human Resources Officer Mr. Joshua Koplik Senior Vice President & Chief Information Security Officer Mr. Barry Diller Chairman & Senior Executive