News coverage about IAC/InterActiveCorp (NASDAQ:IAC) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. IAC/InterActiveCorp earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.5230360452466 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- From 53 matches to 4 dates: What a month on Tinder is really like (finance.yahoo.com)
- IAC/InterActiveCorp (NASDAQ:IAC) Given Media Impact Rating of 0.17 – Newburgh Gazette (newburghgazette.com)
- Match Group: Tinder Points To Bigger Problems With Mobile (seekingalpha.com)
- Jefferies Group Boosts IAC/InterActiveCorp (IAC) Price Target to $180.00 (americanbankingnews.com)
- IAC/InterActiveCorp (IAC) Downgraded by Credit Suisse Group (americanbankingnews.com)
Several research analysts have recently issued reports on IAC shares. Zacks Investment Research lowered IAC/InterActiveCorp from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 19th. Credit Suisse Group restated a “buy” rating and issued a $151.00 price target on shares of IAC/InterActiveCorp in a research report on Tuesday, January 9th. Guggenheim restated a “buy” rating and issued a $150.00 price target on shares of IAC/InterActiveCorp in a research report on Friday, December 22nd. Citigroup raised their price target on IAC/InterActiveCorp from $150.00 to $168.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Finally, BidaskClub lowered IAC/InterActiveCorp from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Four equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $162.86.
IAC/InterActiveCorp (NASDAQ:IAC) opened at $159.40 on Wednesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.66 and a current ratio of 2.66. The firm has a market capitalization of $13,395.55, a PE ratio of 202.57, a price-to-earnings-growth ratio of 4.94 and a beta of 1.31. IAC/InterActiveCorp has a twelve month low of $72.00 and a twelve month high of $163.59.
IAC/InterActiveCorp (NASDAQ:IAC) last released its quarterly earnings results on Wednesday, February 7th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.12. IAC/InterActiveCorp had a return on equity of 2.42% and a net margin of 9.22%. The firm had revenue of $950.59 million for the quarter, compared to the consensus estimate of $894.74 million. equities analysts predict that IAC/InterActiveCorp will post 3.93 EPS for the current year.
In other IAC/InterActiveCorp news, EVP Mark J. Stein sold 26,887 shares of IAC/InterActiveCorp stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $126.68, for a total value of $3,406,045.16. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Gregg Winiarski sold 62,253 shares of IAC/InterActiveCorp stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $127.19, for a total value of $7,917,959.07. The disclosure for this sale can be found here. Company insiders own 11.30% of the company’s stock.
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IAC/InterActiveCorp (IAC) is a media and Internet company. The Company’s brands include HomeAdvisor, Vimeo, Dictionary.com and Match Group’s online dating portfolio, which includes Tinder, PlentyOfFish and OkCupid. Its segments include Match Group, HomeAdvisor, Video, Applications and Publishing. Match Group includes the dating and non-dating businesses of Match Group, Inc HomeAdvisor is a home services digital marketplace that helps connect consumers with home professionals in North America, as well as in France, the Netherlands and Italy under various brands.
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