IAC Inc (IAC) concluded trading on Wednesday at a closing price of $47.03, with 0.48 million shares of worth about $22.72 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.78% during that period and on November 27, 2024 the price saw a loss of about -1.53%. Currently the company’s common shares owned by public are about 80.11M shares, out of which, 75.45M shares are available for trading.
Stock saw a price change of -1.45% in past 5 days and over the past one month there was a price change of -8.43%. Year-to-date (YTD), IAC shares are showing a performance of -10.21% which decreased to -2.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.51 but also hit the highest price of $58.29 during that period. The average intraday trading volume for IAC Inc shares is 549.86K. The stock is currently trading -4.49% below its 20-day simple moving average (SMA20), while that difference is down -8.38% for SMA50 and it goes to -8.00% lower than SMA200.
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IAC Inc (NASDAQ: IAC) currently have 80.11M outstanding shares and institutions hold larger chunk of about 87.05% of that.
The stock has a current market capitalization of $4.06B and its 3Y-monthly beta is at 1.51. It has posted earnings per share of -$0.43 in the same period. It has Quick Ratio of 2.75 while making debt-to-equity ratio of 0.35. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IAC, volatility over the week remained 2.52% while standing at 3.49% over the month.
Stock’s fiscal year EPS is expected to drop by -229.80% while it is estimated to increase by 80.32% in next year. EPS is likely to grow at an annualized rate of 38.50% for next 5-years, compared to annual growth of -14.72% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JMP Securities on July 09, 2024 offering a Mkt outperform rating for the stock and assigned a target price of $78 to it. Coverage by UBS stated IAC Inc (IAC) stock as a Neutral in their note to investors on February 15, 2023, suggesting a price target of $54 for the stock. On December 13, 2022, Citigroup Initiated their recommendations, while on December 02, 2022, UBS Initiated their ratings for the stock with a price target of $46. Stock get a Buy rating from Goldman on January 07, 2022.
