IAC Inc [IAC] stock is trading at $35.17, up 2.93%. 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 7.39% over the last week, with a monthly amount drifted -13.62%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Piper Sandler downgraded its rating to Neutral on December 10, 2024, and dropped its price target to $54. On July 09, 2024, JMP Securities initiated with a Mkt Outperform rating and assigned a price target of $78 on the stock. UBS upgraded its rating to a Neutral and increased its price target to $54 on February 15, 2023. Citigroup initiated its recommendation with a Buy and recommended $60 as its price target on December 13, 2022. UBS started tracking with a Sell rating for this stock on December 02, 2022, and assigned it a price target of $46.
IAC Inc [IAC] stock has fluctuated between $32.04 and $48.02 over the past year. Currently, Wall Street analysts expect the stock to reach $70 within the next 12 months. IAC Inc [NASDAQ: IAC] shares were valued at $35.17 at the most recent close of the market. An investor can expect a potential return of 99.03% based on the average IAC price forecast.
Analyzing the IAC fundamentals
IAC Inc [NASDAQ:IAC] reported sales of 3.81B for the trailing twelve months, which represents a drop of -6.50%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.09 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.
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 34.50 points at the first support level, and at 33.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.53, and for the 2nd resistance point, it is at 35.89.
Ratios To Look Out For
For context, IAC Inc’s Current Ratio is 2.80. Also, the Quick Ratio is 2.80, while the Cash Ratio stands at 2.03. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 0.54.
