IAC/InterActiveCorp (NASDAQ: IAC) is -44.23% lower on its value in year-to-date trading and has touched a low of $72.29 and a high of $158.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IAC stock was last observed hovering at around $74.81 in the last trading session, with the day’s loss setting it -1.91% off its average median price target of $133.00 for the next 12 months. It is also 58.34% off the consensus price target high of $175.00 offered by 15 analysts, but current levels are 33.73% higher than the price target low of $110.00 for the same period.
Currently trading at $72.90, the stock is -7.09% and -10.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.33 million and changing -2.55% at the moment leaves the stock -35.73% off its SMA200. IAC registered -47.44% loss for a year compared to 6-month loss of -44.13%. The firm has a 50-day simple moving average (SMA 50) of $1.71 and a 200-day simple moving average (SMA200) of $24.38.
The stock witnessed a -12.15% gain in the last 1 month and extending the period to 3 months gives it a -26.06%, and is -8.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.04% over the week and 3.77% over the month.
IAC/InterActiveCorp (IAC) has around 13200 employees, a market worth around $6.65B and $4.24B in sales. Current P/E ratio is 271.00 and Fwd P/E is 64.63. Distance from 52-week low is 0.84% and -54.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.00%).
IAC/InterActiveCorp (IAC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for IAC/InterActiveCorp (IAC) is a “Buy”. 15 analysts offering their recommendations for the stock have an average rating of 1.90, where 1 rate it as a Hold and 1 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 98.00% this year.
IAC/InterActiveCorp (IAC) Top Institutional Holders
The shares outstanding are 86.78M, and float is at 79.41M with Short Float at 2.54%.
IAC/InterActiveCorp (IAC) Insider Activity
A total of 39 insider transactions have happened at IAC/InterActiveCorp (IAC) in the last six months, with sales accounting for 4 and purchases happening 35 times. The most recent transaction is an insider purchase by IAC/InterActiveCorp,the company’s10% Owner. SEC filings show that IAC/InterActiveCorp bought 4,500,000 shares of the company’s common stock on Feb 14 at a price of $45.00 per share for a total of $202.5 million. Following the purchase, the insider now owns 63.53 million shares.