At the time of writing, IAC Inc [IAC] stock is trading at $42.85, up 0.59%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IAC shares have gain 2.78% over the last week, with a monthly amount drifted -3.64%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
IAC Inc [NASDAQ: IAC] stock has seen the most recent analyst activity on December 10, 2024, when Piper Sandler downgraded its rating to a Neutral and also revised its price target to $54 from $68. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on July 09, 2024, and set its price target to $78. On February 15, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $54 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $60 on December 13, 2022. UBS initiated its recommendation with a Sell and recommended $46 as its price target on December 02, 2022.
For the past year, the stock price of IAC Inc fluctuated between $39.61 and $58.29. Currently, Wall Street analysts expect the stock to reach $68 within the next 12 months. IAC Inc [NASDAQ: IAC] shares were valued at $42.85 at the most recent close of the market. An investor can expect a potential return of 58.69% based on the average IAC price forecast.
Analyzing the IAC fundamentals
According to IAC Inc [NASDAQ:IAC], the company’s sales were 3.88B for trailing twelve months, which represents an -15.53% plunge. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 42.35 points at the first support level, and at 41.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.24, and for the 2nd resistance point, it is at 43.64.
Ratios To Look Out For
It is important to note that IAC Inc [NASDAQ:IAC] has a current ratio of 2.75. Also, the Quick Ratio is 2.75, while the Cash Ratio stands at 1.97. Considering the valuation of this stock, the price to sales ratio is 0.95, the price to book ratio is 0.64.
