IAC - IAC-InterActiveCorp Stock Price, Fair Value and News

55.14USD-1.88 (-3.30%)Market Closed

Market Summary

USD55.14-1.88

Market Closed

-3.30%

IAC Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

IAC Stock Price

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IAC RSI Chart

IAC Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

-36.46

Price/Sales (Trailing)

0.59

EV/EBITDA

23.24

Price/Free Cashflow

47.37

IAC Price/Sales (Trailing)

IAC Profitability

Operating Margin

90.35%

EBT Margin

-1.17%

Return on Equity

-1.78%

Return on Assets

-1.17%

Free Cashflow Yield

2.11%

IAC Fundamentals

IAC Revenue

Revenue (TTM)

7.5B

Rev. Growth (Yr)

-14.26%

Rev. Growth (Qtr)

-78.75%

IAC Earnings

Earnings (TTM)

-121.1M

Earnings Growth (Yr)

-89.22%

Earnings Growth (Qtr)

-85.63%

Breaking Down IAC Revenue

Last 7 days

0.1%

Last 30 days

17.2%

Last 90 days

-3.2%

Trailing 12 Months

-8.1%

How does IAC drawdown profile look like?

IAC Financial Health

Current Ratio

2.7

Debt/Equity

0.29

Debt/Cashflow

0.12

IAC Investor Care

Buy Backs (1Y)

3.62%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	7.5B	0	0	0
2023	5.0B	4.7B	4.6B	7.7B
2022	4.2B	4.8B	5.1B	5.2B
2021	2.9B	3.1B	3.3B	3.7B
2020	2.5B	2.6B	2.6B	2.8B
2019	2.5B	2.5B	2.5B	2.5B
2018	2.1B	2.2B	2.4B	2.5B
2017	0	0	0	2.0B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of IAC-InterActiveCorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 31, 2024	clinton chelsea	acquired	6,240	53.34	117	-
Mar 31, 2024	eisner michael d	acquired	12,481	53.34	234	-
Mar 31, 2024	lourd bryan	acquired	13,708	53.34	257	-
Feb 23, 2024	levin joseph	sold (taxes)	-3,737,460	56.69	-65,928	ceo
Feb 23, 2024	levin joseph	acquired	1,348,000	13.48	100,000	ceo
Feb 08, 2024	halpin christopher	acquired	-	-	56,486	evp, cfo & coo
Feb 08, 2024	handler kendall	sold (taxes)	-313,650	51.25	-6,120	evp & chief legal officer
Feb 08, 2024	handler kendall	acquired	-	-	11,768	evp & chief legal officer
Feb 08, 2024	halpin christopher	sold (taxes)	-1,606,020	51.25	-31,337	evp, cfo & coo
Dec 31, 2023	clinton chelsea	acquired	6,233	52.38	119	-

Which funds bought or sold IAC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Investidor Profissional Gestao de Recursos Ltda.	reduced	-42.87	-3,816,500	5,309,040	1.81%
May 16, 2024	COMERICA BANK	added	52.7	208,067	582,954	-%
May 16, 2024	JANE STREET GROUP, LLC	added	16.77	626,975	3,942,790	-%
May 16, 2024	Ancora Advisors LLC	added	79.69	6,981,720	15,395,200	0.35%
May 16, 2024	TANDEM CAPITAL MANAGEMENT CORP /ADV	added	20.05	455,847	2,504,950	1.42%
May 16, 2024	Redwood Investment Management, LLC	reduced	-0.45	9,000	640,000	0.06%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.44	-156,205	4,053,680	-%
May 15, 2024	Transamerica Financial Advisors, Inc.	unchanged	-	-	1,000	-%
May 15, 2024	AMUNDI	added	41.04	613,090	2,780,450	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-24.04	-3,731,550	12,747,400	-%

Are Funds Buying or Selling IAC?

Are funds buying IAC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IAC

No. of Funds

Unveiling IAC-InterActiveCorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.82%	7,065,171	SC 13G/A
Jan 23, 2024	jpmorgan chase & co	7.0%	5,605,129	SC 13G/A
Nov 13, 2023	highsage ventures llc	5.1%	4,048,153	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	3.3%	2,726,025	SC 13G/A
Feb 09, 2023	vanguard group inc	9.02%	7,521,174	SC 13G/A
Jan 11, 2023	jpmorgan chase & co	6.7%	5,569,054	SC 13G
Feb 14, 2022	price t rowe associates inc /md/	7.5%	6,335,820	SC 13G/A
Dec 10, 2021	blackrock inc.	4.7%	3,923,095	SC 13G/A
Nov 16, 2021	diller barry	7.8%	7,100,629	SC 13D/A
Jun 15, 2021	diller barry	7.9%	7,100,629	SC 13D/A

Recent SEC filings of IAC-InterActiveCorp

View All Filings

Date Filed	Form Type	Document
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report

IAC-InterActiveCorp News

Latest updates

IAC-InterActiveCorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-78.8%	930	4,376	1,111	1,112	1,084	1,246	1,301	1,363	1,325	1,159	924	830	787	765	713	659	627	616	653	643	598
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	224	185	156	161	135	140	134	123
Costs and Expenses	-75.0%	989	3,963	1,144	1,167	1,220	1,322	1,426	1,529	1,434	1,229	956	858	794	750	835	756	996	435	691	702	675
S&GA Expenses	-2.1%	344	351	407	414	404	432	487	508	488	361	348	341	313	272	315	283	308	188	310	316	303
R&D Expenses	6.3%	87.00	82.00	80.00	86.00	88.00	75.00	75.00	85.00	84.00	73.00	52.00	52.00	53.00	33.00	52.00	46.00	62.00	-7.71	50.00	46.00	44.00
EBITDA Margin	-67.7%	0.03*	0.09*	0.04*	0.13*	-0.08*	-0.25*	-0.26*	-0.25*	0.04*	0.22*	0.41*	0.48*	0.37*	-	-	-	-	-	-	-	-
Interest Expenses	-1.3%	40.00	40.00	40.00	39.00	38.00	35.00	29.00	24.00	22.00	16.00	6.00	6.00	7.00	7.00	6.00	2.00	2.00	3.00	3.00	3.00	3.00
Income Taxes	-51.4%	55.00	112	-118	-24.30	140	-5.57	-26.06	-228	-70.46	-12.06	10.00	88.00	53.00	53.00	-25.06	-34.40	-41.43	6.00	-19.08	-5.05	-29.19
Earnings Before Taxes	-77.3%	100	439	-510	-115	555	-18.58	-91.91	-1,104	-311	-4.56	71.00	291	372	566	163	-120	-372	61.00	-0.70	17.00	-42.87
EBT Margin	-124.5%	-0.01*	0.05*	-0.02*	0.07*	-0.13*	-0.29*	-0.29*	-0.28*	0.01*	0.20*	0.39*	0.45*	0.34*	-	-	-	-	-	-	-	-
Net Income	-85.6%	45.00	313	-390	-89.04	418	-1.42	-63.82	-869	-235	13.00	61.00	195	329	509	185	-96.12	-328	7.00	16.00	14.00	-14.25
Net Income Margin	-149.1%	-0.02*	0.03*	-0.01*	0.06*	-0.10*	-0.22*	-0.22*	-0.22*	0.01*	0.16*	0.33*	0.39*	0.32*	-	-	-	-	-	-	-	-
Free Cashflow	50.7%	48.00	32.00	-4.06	17.00	3.00	-7.63	-133	-63.95	-17.59	-111	3.00	106	32.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																			(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	-0.1%	10,360	10,371	10,018	10,549	10,754	10,394	10,442	10,749	11,894	12,303	9,428	9,289	9,736	9,162	8,480	6,372	5,591	4,117	3,732
Current Assets	3.1%	2,311	2,241	2,212	2,198	2,380	2,561	2,481	2,738	2,784	3,076	3,913	3,889	4,385	4,119	4,205	3,288	2,481	1,229	1,258
Cash Equivalents	16.2%	1,507	1,297	1,252	1,327	1,399	1,417	1,607	1,796	1,853	2,119	3,405	3,476	3,599	3,366	3,459	2,445	2,029	838	884
Net PPE	-6.8%	425	455	478	495	462	511	584	586	577	571	290	274	280	275	266	269	271	302	260
Goodwill	-4.8%	2,879	3,024	3,022	3,033	3,031	3,030	3,008	3,099	3,221	3,227	1,660	1,637	1,854	1,660	1,768	1,819	1,817	1,397	1,407
Current Liabilities	-10.0%	855	950	1,023	1,034	999	1,080	1,085	1,314	1,332	1,382	749	643	777	751	780	705	663	585	527
Long Term Debt	-0.6%	1,982	1,993	2,000	2,006	2,013	2,020	2,026	2,033	2,040	2,046	494	494	706	712	715	225	229	232	245
LT Debt, Current	14.6%	34.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	-	-	-	-	14.00	14.00	14.00	14.00	14.00
LT Debt, Non Current	-100.0%	-	1,993	2,000	2,006	2,013	2,020	2,026	2,033	2,040	2,046	494	494	706	712	715	225	229	232	245
Shareholder's Equity	12.2%	6,817	6,078	5,741	6,778	6,920	5,932	6,538	6,625	7,501	7,749	7,776	7,745	7,246	7,151	6,716	5,146	4,397	3,005	2,684
Retained Earnings	4878.8%	46.00	1.00	-326	64.00	153	-265	-263	-199	669	905	892	831	1,023	694	185	-	-17.64	-	-
Additional Paid-In Capital	0.1%	6,346	6,340	6,327	6,312	6,306	6,295	6,283	6,262	6,249	6,266	6,312	6,342	5,661	5,910	6,021	4,661	1,222	-	-
Accumulated Depreciation	3.0%	386	374	346	321	296	274	277	537	522	497	198	193	193	207	217	204	189	201	174
Shares Outstanding	-	-	-	80.00	80.00	81.00	83.00	83.00	83.00	84.00	84.00	8.00	8.00	125	83.00	-	-	-	-	-
Minority Interest	1.0%	684	677	672	661	653	641	634	635	581	574	567	566	558	553	522	499	480	470	400
Float	-	-	-	-	4,761	-	-	-	5,997	-	-	-	12,211	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	36.6%	64,054	46,884	14,390	103,087	25,167	19,278	-94,164	-20,807	12,902	-90,729	32,644	124,769	52,216	-27,853	74,934	27,127	39,171	83,983	82,972	105,786	2,594
Share Based Compensation	-100.0%	-	29,085	28,962	30,193	28,941	31,016	31,117	31,656	29,687	21,683	15,438	24,051	18,315	1,500	28,621	77,861	8,900	5,700	5,700	6,300	7,400
Cashflow From Investing	983.3%	172,221	15,898	-76,165	-79,174	51,974	-200,660	-68,883	6,324	-231,589	-2,690,950	-62,633	-351,306	197,386	-44,203	-894,703	-414,667	-518,610	279,550	-307,552	-227,331	5,660
Cashflow From Financing	-41.0%	-25,974	-18,415	-11,246	-97,377	-95,975	-11,988	-36,871	-36,310	-27,482	1,484,842	-39,690	-230,251	-99,164	-102,218	1,836,891	796,176	1,671,816	-12,212	235,946	-32,762	-63,947
Buy Backs	-100.0%	-	7,535	-162,225	80,902	84,720	77,179	-50,935	59,079	-	35,403	-5,637	721	4,916	9,274	-	15,888	38,512	22,926	33,979	-	-

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IAC Income Statement

2024-03-31

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue	$ 929,680	$ 1,084,271
Operating costs and expenses:
Cost of revenue (exclusive of depreciation shown separately below)	271,964	342,929
Selling and marketing expense	343,925	403,297
General and administrative expense	212,669	273,076
Product development expense	86,999	84,787
Depreciation	36,573	61,172
Amortization of intangibles	36,728	54,606
Total operating costs and expenses	988,858	1,219,867
Operating loss	(59,178)	(135,596)
Interest expense	(39,718)	(38,172)
Unrealized gain on investment in MGM Resorts International	163,751	704,840
Other income, net	34,805	23,749
Earnings before income taxes	99,660	554,821
Income tax provision	(54,688)	(139,502)
Net earnings	44,972	415,319
Net loss attributable to noncontrolling interests	59	2,456
Net earnings attributable to IAC shareholders	$ 45,031	$ 417,775
Per share information attributable to IAC common stock and Class B common stock shareholders:
Basic earnings per share (USD per share)	$ 0.52	$ 4.72
Diluted earnings per share (USD per share)	$ 0.51	$ 4.57
Stock-based compensation expense by function:
Stock-based compensation expense	$ 28,907	$ 28,941
Cost of revenue
Stock-based compensation expense by function:
Stock-based compensation expense	493	19
Selling and marketing expense
Stock-based compensation expense by function:
Stock-based compensation expense	1,641	1,743
General and administrative expense
Stock-based compensation expense by function:
Stock-based compensation expense	24,954	22,844
Product development expense
Stock-based compensation expense by function:
Stock-based compensation expense	$ 1,819	$ 4,335

IAC Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEET - USD ($) shares in Thousands, $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 1,506,988	$ 1,297,445
Marketable securities	136,459	148,998
Accounts receivable, net	463,785	536,650
Other current assets	203,924	257,499
Total current assets	2,311,156	2,240,592
Capitalized software, buildings, land, equipment and leasehold improvements, net	424,534	455,281
Goodwill	2,878,872	3,024,266
Intangible assets, net of accumulated amortization	830,263	874,705
Investment in MGM Resorts International	3,055,601	2,891,850
Long-term investments	402,085	411,216
Other non-current assets	457,099	473,267
TOTAL ASSETS	10,359,610	10,371,177
LIABILITIES:
Current portion of long-term debt	34,375	30,000
Accounts payable, trade	83,842	105,514
Deferred revenue	128,246	143,449
Accrued expenses and other current liabilities	608,998	671,527
Total current liabilities	855,461	950,490
Long-term debt, net	1,982,128	1,993,154
Deferred income taxes	210,727	164,612
Other long-term liabilities	461,830	474,540
Redeemable noncontrolling interests	32,622	33,378
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Additional paid-in-capital	6,346,106	6,340,312
Retained earnings	45,954	923
Accumulated other comprehensive loss	(6,893)	(10,942)
Treasury stock, 4,350 shares at March 31, 2024 and December 31, 2023	(252,441)	(252,441)
Total IAC shareholders' equity	6,132,735	6,077,861
Noncontrolling interests	684,107	677,142
Total shareholders' equity	6,816,842	6,755,003
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 10,359,610	$ 10,371,177
Treasury stock (in shares)	4,350	4,350
Common Stock, $0.0001 par value; authorized 1,600,000 shares; 84,638 and 84,465 shares issued and 80,288 and 80,115 shares outstanding at March 31, 2024 and December 31, 2023, respectively
SHAREHOLDERS' EQUITY:
Common stock, value	$ 8	$ 8
Class B common stock, $0.0001 par value; authorized 400,000 shares; 5,789 shares issued and outstanding at March 31, 2024 and December 31, 2023
SHAREHOLDERS' EQUITY:
Common stock, value	$ 1	$ 1

About IAC-InterActiveCorp

IAC Inc., together with its subsidiaries, 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/InterActiveCorp. IAC Inc. is headquartered in New York, New York.

CEO	Mr. Joseph M. Levin
WEBSITE	iac.com
INDUSTRY	Internet Retail
EMPLOYEES	11000

IAC-InterActiveCorp Frequently Asked Questions

What is the ticker symbol for IAC-InterActiveCorp? What does IAC stand for in stocks?

IAC is the stock ticker symbol of IAC-InterActiveCorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of IAC-InterActiveCorp (IAC)?

As of Fri May 17 2024, market cap of IAC-InterActiveCorp is 4.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IAC stock?

You can check IAC's fair value in chart for subscribers.

What is the fair value of IAC stock?

You can check IAC's fair value in chart for subscribers. The fair value of IAC-InterActiveCorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of IAC-InterActiveCorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IAC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is IAC-InterActiveCorp a good stock to buy?

The fair value guage provides a quick view whether IAC is over valued or under valued. Whether IAC-InterActiveCorp is cheap or expensive depends on the assumptions which impact IAC-InterActiveCorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IAC.

What is IAC-InterActiveCorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, IAC's PE ratio (Price to Earnings) is -36.46 and Price to Sales (PS) ratio is 0.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IAC PE ratio will change depending on the future growth rate expectations of investors.