View Financial HealthIAC 配当と自社株買い配当金 基準チェック /06IAC配当金を支払った記録がありません。主要情報n/a配当利回り9.5%バイバック利回り総株主利回り9.5%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新お知らせ • Mar 11IAC Inc. Declares Special Dividend, Payable on March 31, 2025On March 7, 2025, the Board of Directors of IAC Inc. declared a special dividend of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share and IAC Class B common stock, par value $0.0001 per share . The dividend will be paid through the distribution of shares of Angi Class A common stock, par value $0.001 per share on March 31, 2025 to the holders of record of IAC Stock as of the close of business on March 25, 2025, on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution.すべての更新を表示Recent updatesナラティブ更新 • May 10IAC: Rising Earnings Multiple And Overhaul Plans Will Drive RepricingThe updated analyst price target for IAC moves to $64.33 from $60.00. Analysts point to adjustments in fair value estimates, discount rate assumptions, revenue expectations, profit margins and future P/E as key drivers behind the change.Reported Earnings • May 06First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$0.045 loss per share (improved from US$3.17 loss in 1Q 2025). Revenue: US$422.9m (down 12% from 1Q 2025). Net loss: US$3.46m (loss narrowed 99% from 1Q 2025). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 124%. Revenue is expected to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in the US are expected to grow by 15%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.New Risk • May 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 45% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 45% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.ライブニュース • May 06IAC to Become People Incorporated With Renewed Focus on Publishing and MGM StakeIAC plans to rebrand as People Incorporated by mid-2026, sharpening its focus on its People Inc. publishing operations and its investment in MGM Resorts International. The company completed the full spin-off of Angi, its 10th independent company, while reaffirming its 2025 adjusted EBITDA guidance. Management is targeting $40 million in annual cost savings from corporate consolidation, alongside a planned $20 to $25 million reduction in stock-based compensation, and continues to pursue share repurchases and selective M&A. For you as an investor, the picture is of a company simplifying around two core pillars: a large digital and print publishing business under the People Inc. banner and a meaningful stake in MGM. The refinancing of People Inc.’s debt at $1.4 billion, ongoing digital revenue growth of 9% in Q2 2025, and an expected full-year digital growth range of 7% to 10% give a clearer view of where management is concentrating capital and attention, while search operations are set to wind down starting Q2 2026. At the same time, IAC’s portfolio continues to evolve, with Angi now fully separated, Joey Levin moving to Angi as Executive Chairman, and continued investment in assets like Care.com, Vivian Health, The Daily Beast, and BetMGM. The company is actively using tools such as buybacks, divestitures of noncore assets, and measured M&A to reshape its mix, while reaffirmed EBITDA guidance for 2025 gives some visibility on the current financial framework.New Risk • Apr 23New major risk - Revenue and earnings growthEarnings have declined by 37% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.ナラティブ更新 • Apr 22IAC: Buybacks And Execution Will Shape Balanced Outlook For Future ReturnsAnalysts have raised their price targets on IAC by $6 and $3 in recent updates, indicating renewed confidence in the stock and offering a new reference point for where they think shares could reasonably trade. Analyst Commentary Recent price target moves on IAC give a snapshot of how research desks are thinking about the risk and reward trade off at current levels.ナラティブ更新 • Apr 05IAC: Share Repurchases And Earnings Execution Will Support Further UpsideAnalysts have raised their price targets on IAC by $3 to $6 in recent research, reflecting updated views on its earnings potential and valuation. Analyst Commentary Recent price target adjustments on IAC, including moves of $3 and $6, highlight a reassessment of the company’s earnings potential and how the current share price lines up with that view.ナラティブ更新 • Mar 22IAC: Share Repurchases And Portfolio Execution Will Support Future UpsideAnalysts have adjusted their outlook on IAC, with the average price target moving higher by a mid single digit dollar amount. They cite recent target increases of $6 from Citi and $3 from UBS as support for the updated view.お知らせ • Mar 17Pacific Avenue Capital Partners, LLC completed the acquisition of Care.com, Inc. from IAC Inc. (NasdaqGS:IAC).Pacific Avenue Capital Partners, LLC agreed to acquire Care.com, Inc. from IAC Inc. (NasdaqGS:IAC) for $320 million on March 2, 2026. A cash consideration of $320 million will be paid by Care Parent, LLC. As part of consideration, $320 million is paid towards None of Care.com, Inc. The transaction is expected to be completed in the first half of 2026 after March 13, 2026 subject to customary closing conditions. J.P. Morgan Securities LLC acted as exclusive financial advisor for IAC Inc. Amber Banks, Thomas Engelhardt, Katharine Moir, David Della Rocca, Megan Alessi, Sandra Benjamin, Morgan Brubaker, Clayton Northouse, Mandy Reeves, Farrell Malone, Patrick English, Paul Rosen, Héctor Armengod, Jana Dammann de Chapto and Jennifer Kent of Latham and Watkins LLP acted as legal counsel to IAC Inc. Weil, Gotshal & Manges LLP acted as legal advisor and Moelis & Company LLC acted as financial advisor to Care Parent, LLC. Pacific Avenue Capital Partners, LLC completed the acquisition of Care.com, Inc. from IAC Inc. (NasdaqGS:IAC) on March 16, 2026.ナラティブ更新 • Mar 07IAC: Share Repurchases And Margin Execution Will Support Future UpsideAnalysts have modestly increased their IAC price targets by $3 to $6, citing updated assumptions for the company’s discount rate, revenue growth, profit margins, and forward P/E multiples. Analyst Commentary Recent target price moves of $3 to $6 suggest that analysts are updating their views on IAC as new assumptions filter into their models.Buy Or Sell Opportunity • Feb 25Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to US$37.11. The fair value is estimated to be US$30.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Earnings per share has grown by 3.7%.ナラティブ更新 • Feb 20IAC: Higher Margins And Reduced Revenue Pressure Will Support SharesAnalysts have lifted their price targets on IAC by $6 and $3 in recent updates, suggesting a view that the company’s fair value is closer to $47.33. This view is supported by expectations for less severe revenue declines, a higher profit margin near 5.50%, and a lower future P/E of about 33.87x.Buy Or Sell Opportunity • Feb 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.0% to US$36.52. The fair value is estimated to be US$30.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 4.7%.ナラティブ更新 • Feb 05IAC: MGM Stake Will Offset Softer Margins As Q3 Pressures PersistAnalysts have raised their price target on IAC from US$36.00 to US$38.00 as they account for a smaller expected revenue decline, a slightly higher discount rate, a lower profit margin outlook, and a significantly higher future P/E assumption. Valuation Changes Fair Value: updated from US$36.00 to US$38.00.Reported Earnings • Feb 04Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$1.30 loss per share (improved from US$6.50 loss in FY 2024). Revenue: US$2.39b (down 37% from FY 2024). Net loss: US$119.3m (loss narrowed 78% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 13% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.ナラティブ更新 • Jan 22IAC: MGM Stake May Limit Downside As Messy Q3 Pressures PersistNarrative Update Analysts have trimmed their price target on IAC to US$39 from US$41, citing what they describe as a messy Q3 with shortfalls in People and Care.com. These were partly offset by cost reduction efforts and support from the MGM stake, which they see as limiting downside risk.お知らせ • Jan 15IAC Inc. to Report Q4, 2025 Results on Feb 03, 2026IAC Inc. announced that they will report Q4, 2025 results After-Market on Feb 03, 2026ナラティブ更新 • Jan 07IAC: MGM Stake And Buybacks Will Support Shares After Messy Q3Analysts have trimmed their average 12 month price target on IAC by US$2 to US$39, citing messy Q3 results at People and Care.com, cost saving efforts to support shareholder value, and the view that the MGM stake helps limit downside risk. Analyst Commentary Bearish analysts have trimmed their expectations on IAC, with the average 12 month price target reset to US$39.Seeking Alpha • Jan 04IAC: Two Catalysts, One Depressed PriceSummary IAC Inc. (IAC) is rated a buy, with a $76 price target and 94% upside, driven by deep undervaluation, versus sum-of-the-parts analysis. The MGM Resorts (MGM) stake anchors IAC’s valuation, now representing 78% of equity value and providing a downside floor. People Inc. is the growth engine, with 9% digital revenue growth and 38% performance marketing growth, validating the digital pivot. IAC’s strong balance sheet, aggressive share buybacks, and diversified growth drivers create a compelling risk/reward profile, despite conglomerate and segment-specific risks. Read the full article on Seeking Alpha分析記事 • Dec 20IAC Inc. (NASDAQ:IAC) Stock Rockets 25% As Investors Are Less Pessimistic Than ExpectedIAC Inc. ( NASDAQ:IAC ) shareholders would be excited to see that the share price has had a great month, posting a 25...ナラティブ更新 • Dec 19IAC: MGM Stake And Buybacks Will Offset Weaker Near-Term OutlookAnalysts have trimmed their price target on IAC by about $3.00 to $36.00 per share, citing weaker near term growth and profitability following messy Q3 results, despite cost reduction efforts and support from the MGM stake. Analyst Commentary Bearish analysts have pointed to IAC's recent Q3 performance as a key driver behind more cautious stance adjustments, highlighting both execution missteps and softer trends in key business lines such as People and Care.com.Buy Or Sell Opportunity • Dec 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.9% to US$37.83. The fair value is estimated to be US$31.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has grown by 23%.ナラティブ更新 • Dec 04IAC: Cost Cuts And MGM Stake Will Support Shares AheadAnalysts have modestly reduced their price target on IAC to $39 from $41, citing messy Q3 results in key segments but noting that cost-cutting efforts and the supporting value of the MGM stake help limit downside risk. Analyst Commentary Analysts are digesting IAC's latest quarter as a mixed update, balancing operational missteps against tangible downside protection from its asset base.ナラティブ更新 • Nov 20IAC: Cost Reductions And MGM Stake Will Limit Downside Risk AheadAnalysts have lowered their price target on IAC by $2 to $39, citing ongoing operational challenges highlighted in recent quarterly results. However, they note that cost-cutting efforts and asset support are helping to limit further downside risk.Reported Earnings • Nov 04Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$0.27 loss per share (improved from US$2.93 loss in 3Q 2024). Revenue: US$589.8m (down 37% from 3Q 2024). Net loss: US$21.9m (loss narrowed 91% from 3Q 2024). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is expected to decline by 8.4% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in the US are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.ナラティブ更新 • Nov 03IAC: Share Repurchases And Asset Sales Will Unlock Long-Term ValueIAC's analyst consensus price target saw a moderate decrease, moving from approximately $48.69 to $48.38. Analysts weighed recent mixed performance, a cautious outlook on M&A, and evolving prospects for share buybacks in their reassessment.お知らせ • Oct 09IAC Inc. to Report Q3, 2025 Results on Nov 03, 2025IAC Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025分析記事 • Sep 13What Is IAC Inc.'s (NASDAQ:IAC) Share Price Doing?While IAC Inc. ( NASDAQ:IAC ) might not have the largest market cap around , it received a lot of attention from a...Buy Or Sell Opportunity • Aug 05Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to US$34.38. The fair value is estimated to be US$46.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to decline by 33% in a year. Earnings are forecast to grow by 84% in the next year.分析記事 • Jul 23Does IAC (NASDAQ:IAC) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Buy Or Sell Opportunity • Jul 11Now 20% undervaluedOver the last 90 days, the stock has risen 19% to US$40.60. The fair value is estimated to be US$50.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 34% in a year. Earnings are forecast to grow by 83% in the next year.お知らせ • Jul 10IAC Inc. to Report Q2, 2025 Results on Aug 04, 2025IAC Inc. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025新しいナラティブ • May 26Digital Advertising Upgrades Will Expand Global Market Reach Expansion into digital services, data ownership, and AI-driven personalization strengthens platform resilience, long-term growth, and recurring revenue.Price Target Changed • May 08Price target decreased by 15% to US$51.75Down from US$61.22, the current price target is an average from 14 analysts. New target price is 47% above last closing price of US$35.32. The company is forecast to post a net loss per share of US$2.43 next year compared to a net loss per share of US$6.49 last year.お知らせ • May 07IAC Inc., Annual General Meeting, Jun 18, 2025IAC Inc., Annual General Meeting, Jun 18, 2025.Reported Earnings • May 06First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: US$2.64 loss per share (down from US$0.54 profit in 1Q 2024). Revenue: US$570.5m (down 39% from 1Q 2024). Net loss: US$232.1m (down US$277.1m from profit in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 78%. Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in the US are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Price Target Changed • May 05Price target decreased by 11% to US$56.72Down from US$63.43, the current price target is an average from 14 analysts. New target price is 60% above last closing price of US$35.35. The company is forecast to post a net loss per share of US$0.30 next year compared to a net loss per share of US$6.49 last year.Board Change • Apr 14Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 10 highly experienced directors. Independent Director Maria Seferian was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 10IAC Inc. to Report Q1, 2025 Results on May 05, 2025IAC Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025お知らせ • Apr 01IAC Inc. completed the Spin-Off of Angi Inc. (NasdaqGS:ANGI).IAC Inc. (NasdaqGS:IAC) agreed to Spin-Off Angi Inc. (NasdaqGS:ANGI) on January 13, 2024. The completion of the proposed spin-off transaction is subject to a number of conditions including final approval by the IAC Board of Directors and receipt of a tax opinion. The transaction is expected to close in the first half of 2025 but no sooner than March 31, 2025. As of March 10, 2025, The transaction has been approved by the board of IAC Inc. on March 7, 2025, and declared a special dividend (the “Distribution”) of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share (the “IAC common stock”), and IAC Class B common stock, par value $0.0001 per share (the “IAC Class B common stock” and together with the IAC common stock, “IAC Stock”). The the dividend will be paid through the distribution of shares of Angi Class A common stock, par value $0.001 per share (the “Angi Class A common stock”), on March 31, 2025 (the “Distribution Date”) to holders of record of IAC Stock as of the close of business on March 25, 2025 (the “Record Date”), on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution, as described in the Registration Statement on Form S-3, as amended, filed by Angi in connection with the spin-off. As of March 28, 2025, the Company has been informed that the ex-dividend date for IAC common stock will be April 1, 2025. The transaction expected to be completed on April 1, 2025. IAC Inc. (NasdaqGS:IAC) completed the Spin-Off Angi Inc. (NasdaqGS:ANGI) on March 31, 2025. As a result of the Distribution, IAC no longer owns any shares of Angi capital stock and Angi became an independent public company. Joseph Levin ceased to serve as Chief Executive Officer of IAC and as a member of the board of directors to Executive Chairman of Agni and Jeff Kip as CEO of Agni.分析記事 • Mar 11We Think IAC (NASDAQ:IAC) Can Stay On Top Of Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Mar 11IAC Inc. Declares Special Dividend, Payable on March 31, 2025On March 7, 2025, the Board of Directors of IAC Inc. declared a special dividend of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share and IAC Class B common stock, par value $0.0001 per share . The dividend will be paid through the distribution of shares of Angi Class A common stock, par value $0.001 per share on March 31, 2025 to the holders of record of IAC Stock as of the close of business on March 25, 2025, on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution.Recent Insider Transactions Derivative • Mar 09Chairman & Senior Executive exercised options and sold US$20m worth of stockOn the 5th of March, Barry Diller exercised 1.00m options at around US$13.71, then sold 705k of the shares acquired at an average of US$42.57 per share and kept the remainder. Since March 2024, Barry has owned 6.24m shares directly. Company insiders have collectively sold US$18m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Feb 20Executive VP exercised options and sold US$671k worth of stockOn the 15th of February, Kendall Handler exercised options to acquire 14k shares at no cost and sold these for an average price of US$47.02 per share. This trade did not impact their existing holding. Since March 2024, Kendall has owned 13.68k shares directly. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Feb 12Executive VP exercised options and sold US$1.2m worth of stockOn the 8th of February, Christopher Halpin exercised options to acquire 28k shares at no cost and sold these for an average price of US$41.60 per share. This trade did not impact their existing holding. Since March 2024, Christopher has owned 36.49k shares directly. Company insiders have collectively sold US$3.5m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Feb 03Revenues Not Telling The Story For IAC Inc. (NASDAQ:IAC)There wouldn't be many who think IAC Inc.'s ( NASDAQ:IAC ) price-to-sales (or "P/S") ratio of 0.9x is worth a mention...Seeking Alpha • Jan 19IAC: FCC Issues Could Be Limited, Spin-Off Now ConfirmedSummary IAC confirms the spin-off of Angi, despite mixed feelings from the equity research community, though appeal to the minority Angi float. Angi's shift to a consumer-stated choice model should improve US margins and mitigate FCC consent rule impacts, but parity with international margins may be optimistic. Turo's profitability and Vivian Health's valuations can be confirmed by more recent precedents for the SotP. Reduced focused on politics starting in Q4 is good for IAC's businesses, but the capital cost outlook will continue to limit catalysts in our view, such as a Turo IPO. Read the full article on Seeking Alphaお知らせ • Jan 14IAC Inc. to Report Q4, 2024 Results on Feb 11, 2025IAC Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 11, 2025分析記事 • Jan 07IAC Inc.'s (NASDAQ:IAC) Intrinsic Value Is Potentially 51% Above Its Share PriceKey Insights IAC's estimated fair value is US$65.85 based on 2 Stage Free Cash Flow to Equity IAC is estimated to be...分析記事 • Dec 11Does IAC (NASDAQ:IAC) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Major Estimate Revision • Nov 19Consensus EPS estimates fall by 195%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$1.28 to -US$3.76 per share. Revenue forecast unchanged at US$3.75b. Interactive Media and Services industry in the US expected to see average net income growth of 34% next year. Consensus price target down from US$73.92 to US$70.00. Share price fell 14% to US$47.21 over the past week.分析記事 • Nov 14Should You Think About Buying IAC Inc. (NASDAQ:IAC) Now?While IAC Inc. ( NASDAQ:IAC ) might not have the largest market cap around , it received a lot of attention from a...Reported Earnings • Nov 13Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: US$2.93 loss per share (improved from US$4.72 loss in 3Q 2023). Revenue: US$938.7m (down 16% from 3Q 2023). Net loss: US$243.7m (loss narrowed 38% from 3Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.Seeking Alpha • Nov 13IAC: Ad Market Improvements To Be Offset By FCC, And Angi Spin-Off ConfusionsSummary IAC saw an improving ad market despite the issues of being an advertiser in a distracting election cycle. The sum of the parts analysis could be more emphasized by a lower tax burden, depending on election outcomes in other branches, and also by the Angi spin-off. Angi restructuring seems to be working, although markets did not appreciate the spin-off announcement, which might have been interpreted as a lack of confidence. In all, IAC could be an interesting opportunity during this volatility. Read the full article on Seeking Alphaお知らせ • Oct 17IAC Inc. to Report Q3, 2024 Results on Nov 11, 2024IAC Inc. announced that they will report Q3, 2024 results After-Market on Nov 11, 2024分析記事 • Sep 30Unpleasant Surprises Could Be In Store For IAC Inc.'s (NASDAQ:IAC) SharesIt's not a stretch to say that IAC Inc.'s ( NASDAQ:IAC ) price-to-sales (or "P/S") ratio of 1.2x right now seems quite...Seeking Alpha • Aug 26IAC Inc. Is A Steal, But It Needs A DealSummary IAC has signalled to the market that it's ready to make deals. Any kind of transaction (sale, acquisition, or IPO) could unlock shareholder value. If the private assets are indeed worth what we speculate, IAC is severely undervalued even when taking into account corporate overhead costs and could double when the market catches up. IAC's CEO and team are incentivized with RSUs to get the share price to at least $110 by 2030. Read the full article on Seeking AlphaReported Earnings • Aug 07Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: US$1.71 loss per share (further deteriorated from US$0.94 loss in 2Q 2023). Revenue: US$949.5m (down 15% from 2Q 2023). Net loss: US$142.2m (loss widened 83% from 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.お知らせ • Jul 18IAC Inc. to Report Q2, 2024 Results on Aug 06, 2024IAC Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024お知らせ • Jul 11Barry Diller Reportedly Hints At Continued Interest in ParamountMedia mogul Barry Diller IAC Inc. (NasdaqGS:IAC), Chairman hinted to reporters at the annual Sun Valley Conference on July 10, 2024 that he may still be interested in making a bid for Paramount Global (NasdaqGS:PARA). On July 08, 2024, Paramount announced it had agreed to merge with Skydance Media in a deal handing control of the storied Hollywood studio to producer David Ellison. The agreement gave the sellers 45 days to seek better offers. Diller told reporters that 45 days is "a lifetime," according to Bloomberg.Seeking Alpha • Jul 05IAC: Could Be An Inflection Point With OpenAI Deal InkedSummary IAC is undergoing major cost control and restructuring efforts, with a focus on improving profitability across all businesses, including Angi and DDM. Moreover, they have inked a deal with OpenAI who will pay them for the license to their content, which will translate at high margin into profits. We have reduced the P/S on DDM for conservativeness compared to last article, but the upside is just growing further as IAC reaches close to all-time lows. We are sounding a buy alert, and would buy ourselves if only cash were available. Read the full article on Seeking Alpha分析記事 • Jul 02Is IAC (NASDAQ:IAC) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Seeking Alpha • May 15IAC: Ecommerce Leader Has A 20% Holding In MGM's Casino Business You Get FreeSummary IAC Inc.'s future is focused on building brands, with potential for growth in the online business sector. The company's investment in MGM Resorts International may be its biggest asset, with potential for growth in the leisure sector. IAC's revenue growth reflects its ability to monetize its digital properties and capitalize on its shift into digital and print media. Read the full article on Seeking AlphaReported Earnings • May 08First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: US$0.52 (down from US$4.75 in 1Q 2023). Revenue: US$929.7m (down 14% from 1Q 2023). Net income: US$45.0m (down 89% from 1Q 2023). Profit margin: 4.8% (down from 38% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$56.35, the stock trades at a trailing P/E ratio of 18.9x. Average forward P/E is 8x in the Interactive Media and Services industry in the US. Total loss to shareholders of 64% over the past three years.お知らせ • Apr 28IAC Inc., Annual General Meeting, Jun 11, 2024IAC Inc., Annual General Meeting, Jun 11, 2024, at 09:30 US Eastern Standard Time. Agenda: To elect twelve members of IAC’s board of directors, each to hold office until the next succeeding annual meeting of stockholders or until such director’s successor shall have been duly elected and qualified; to approve an amendment to the Company’s Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation; to approve a non-binding advisory vote on 2023 executive compensation; to ratify the appointment of Ernst & Young LLP as IAC’s independent registered public accounting firm for the 2024 fiscal year; and to transact other business.お知らせ • Apr 17IAC Inc. to Report Q1, 2024 Results on May 07, 2024IAC Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024分析記事 • Apr 07Should You Investigate IAC Inc. (NASDAQ:IAC) At US$52.12?IAC Inc. ( NASDAQ:IAC ), is not the largest company out there, but it received a lot of attention from a substantial...Recent Insider Transactions Derivative • Feb 29CEO & Director exercised options and sold US$2.8m worth of stockOn the 23rd of February, Joseph Levin exercised 100.00k options at around US$13.48, then sold 66k of the shares acquired at an average of US$56.69 per share and kept the remainder. For the year to December 2017, Joseph's total compensation was 22% salary and 78% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Joseph has owned 3.60m shares directly. Company insiders have collectively sold US$4.3m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Feb 21IAC (NASDAQ:IAC) Strong Profits May Be Masking Some Underlying IssuesFollowing the solid earnings report from IAC Inc. ( NASDAQ:IAC ), the market responded by bidding up the stock price...Major Estimate Revision • Feb 20Consensus EPS estimates fall by 172%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$4.39b to US$4.00b. Losses expected to increase from US$0.61 per share to US$1.67. Interactive Media and Services industry in the US expected to see average net income growth of 23% next year. Consensus price target up from US$75.35 to US$76.95. Share price rose 12% to US$57.18 over the past week.New Risk • Feb 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.分析記事 • Feb 15IAC Inc. Just Reported A Surprise Profit And Analysts Updated Their EstimatesIt's been a good week for IAC Inc. ( NASDAQ:IAC ) shareholders, because the company has just released its latest yearly...Reported Earnings • Feb 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$3.07 (up from US$13.58 loss in FY 2022). Revenue: US$4.37b (down 17% from FY 2022). Net income: US$265.9m (up US$1.44b from FY 2022). Profit margin: 6.1% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings.Recent Insider Transactions Derivative • Feb 14Executive VP exercised options and sold US$1.6m worth of stockOn the 8th of February, Christopher Halpin exercised options to acquire 31k shares at no cost and sold these for an average price of US$51.25 per share. This trade did not impact their existing holding. Since June 2023, Christopher has owned 11.34k shares directly. Company insiders have collectively sold US$1.9m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Feb 11IAC: Profits Should Improve Further In Q4Summary IAC has a portfolio of non-public brands whose valuation seems to be the point of contention for markets. Q3 earnings showed declines in print media revenues but some pockets of performance in digital marketing, but overall IAC marketing revenues suffered, and Angi suffered especially. The upcoming Q4 earnings are expected to show improvements in digital revenue and advertising budgets, probably improving sales direction. While some of the declines reflect the overall market, they have also been doing substantial restructuring which has already yielded results in terms of profitability. Any sales increases now should move through a more profitable operation. Read the full article on Seeking Alpha分析記事 • Feb 07Insufficient Growth At IAC Inc. (NASDAQ:IAC) Hampers Share PriceIAC Inc.'s ( NASDAQ:IAC ) price-to-sales (or "P/S") ratio of 1x might make it look like a buy right now compared to the...お知らせ • Jan 18IAC Inc. to Report Q4, 2023 Results on Feb 13, 2024IAC Inc. announced that they will report Q4, 2023 results After-Market on Feb 13, 2024お知らせ • Dec 15IAC Inc. Appoints Maria Seferian to the Board of DirectorsEffective December 12, 2023, Maria Seferian, age 51, was appointed to the board of directors of IAC Inc. Ms. Seferian has served as General Counsel of Hillspire, LLC, an integrated, single-family management firm (“Hillspire”), since 2014. In her role, Ms. Seferian oversees the firm’s legal, tax, special investments and initiatives, trusts & estates, strategic planning, grants management and compliance functions. Prior to joining Hillspire, Ms. Seferian worked (most recently as a partner) at Munger, Tolles & Olson, LLP, a law firm with a national and international practice, from 2001, where she specialized in mergers and acquisitions, joint ventures, capital markets and general corporate transactions, representing private and public clients across diverse industries from private equity to entertainment. From 2013 to 2014, Ms. Seferian also served as Interim Director and Chief Executive Officer of the Museum of Contemporary Art in Los Angeles (“MOCA”), where she led the institution through a financial turn-around, securing its long-term stability. Ms. Seferian holds a Bachelor of Arts in philosophy and Master of Arts from the University of Illinois at Urbana-Champaign and a J.D. with honors from Harvard Law School. Following law school and before entering private practice, Ms. Seferian served as a judicial clerk for the Honorable Justice James L. Oakes in the U.S. Court of Appeals for the Second Circuit. In addition to her for-profit affiliations, Ms. Seferian serves as Chairperson of the Board of Trustees of MOCA and as a director of the Schmidt Family Foundation.Price Target Changed • Nov 12Price target decreased by 7.2% to US$76.02Down from US$81.95, the current price target is an average from 15 analysts. New target price is 68% above last closing price of US$45.38. Stock is down 10% over the past year. The company is forecast to post earnings per share of US$3.20 next year compared to a net loss per share of US$13.58 last year.New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 09Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: US$4.72 loss per share (further deteriorated from US$0.74 loss in 3Q 2022). Revenue: US$1.11b (down 15% from 3Q 2022). Net loss: US$390.5m (loss widened US$326.7m from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.お知らせ • Nov 07IAC Inc. to Report Q3, 2023 Results on Nov 07, 2023IAC Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023分析記事 • Oct 13Calculating The Intrinsic Value Of IAC Inc. (NASDAQ:IAC)Key Insights The projected fair value for IAC is US$51.73 based on 2 Stage Free Cash Flow to Equity With US$46.99 share...Buying Opportunity • Oct 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be US$62.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is forecast to decline by 18% per annum over the same time period.お知らせ • Aug 17IAC Inc. Announces Management Changes, Effective September 18, 2023On August 10, 2023, Erik Bradbury was appointed as Senior Vice President and Controller (Principal Accounting Officer) of IAC Inc. (the “Company” or “IAC”)), effective on or about September 18, 2023 (the “Effective Date”). Prior to this appointment, Mr. Bradbury, age 45, served as Chief Accounting Officer (Principal Accounting Officer) of DraftKings Inc. since September 2020. In this capacity, Mr. Bradbury oversaw DraftKings’ corporate accounting functions, including SEC and regulatory reporting, operational accounting, accounting policy and the development of relevant accounting positions. Prior to his tenure at DraftKings, Mr. Bradbury was a Partner with Ernst & Young LLP from July 2017 through September 2020. From September 2015 until September 2017, Mr. Bradbury served as a Professional Accounting Fellow at Financial Executives International. Prior to his role as a Professional Accounting Fellow, Mr. Bradbury spent 11 years in Ernst & Young’s U.S. Assurance practice, where he served in multiple roles, including within the National Professional Practice Group, Financial Accounting Advisory Services practices and as an auditor. Mr. Bradbury received a degree in accounting from Brigham Young University and is a Certified Public Accountant. On August 10, 2023, Michael H. Schwerdtman, Senior Vice President, Controller (Principal Accounting Officer) notified the Company that he was retiring from his position, effective as of the Effective Date, after having served in such role since December 2004. Mr. Schwerdtman will remain an employee of the Company and continue to serve as an advisor from the Effective Date through March 1, 2024.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$56.49, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 20x in the Interactive Media and Services industry in the US. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$88.11 per share.New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.New Risk • Aug 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 09Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: US$1.07 loss per share (improved from US$10.02 loss in 2Q 2022). Revenue: US$1.11b (down 18% from 2Q 2022). Net loss: US$89.0m (loss narrowed 90% from 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Jul 22IAC Inc. to Report Q2, 2023 Results on Aug 08, 2023IAC Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2023分析記事 • Jul 11Is IAC Inc. (NASDAQ:IAC) Potentially Undervalued?IAC Inc. ( NASDAQ:IAC ), is not the largest company out there, but it saw a significant share price rise of over 20% in...分析記事 • Jun 23Calculating The Intrinsic Value Of IAC Inc. (NASDAQ:IAC)Key Insights Using the 2 Stage Free Cash Flow to Equity, IAC fair value estimate is US$71.26 IAC's US$61.35 share price...Buying Opportunity • May 31Now 20% undervaluedOver the last 90 days, the stock is up 7.0%. The fair value is estimated to be US$69.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company became loss making.お知らせ • May 11IAC Inc. (NasdaqGS:IAC) acquired an additional unknown stake in Turo Inc. for approximately $100 million.IAC Inc. (NasdaqGS:IAC) acquired an additional unknown stake in Turo Inc. for approximately $100 million on April 25, 2023. Following the purchase, IAC’s aggregate percentage ownership in Turo is 31%. IAC Inc. (NasdaqGS:IAC) completed the acquisition of Turo Inc. on April 25, 2023Reported Earnings • May 11First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: US$4.72 (up from US$2.72 loss in 1Q 2022). Revenue: US$1.08b (down 18% from 1Q 2022). Net income: US$417.8m (up US$653.6m from 1Q 2022). Profit margin: 39% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Interactive Media and Services industry in the US.決済の安定と成長配当データの取得安定した配当: IACの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: IACの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場IAC 配当利回り対市場IAC 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (IAC)n/a市場下位25% (US)1.4%市場トップ25% (US)4.2%業界平均 (Interactive Media and Services)0.3%アナリスト予想 (IAC) (最長3年)0%注目すべき配当: IACは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: IACは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: IACの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: IACが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YUS 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/11 18:38終値2026/05/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋IAC Inc. 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。24 アナリスト機関Ross SandlerBarclaysDaniel KurnosBenchmark CompanyDaniel SalmonBMO Capital Markets Equity Research21 その他のアナリストを表示
お知らせ • Mar 11IAC Inc. Declares Special Dividend, Payable on March 31, 2025On March 7, 2025, the Board of Directors of IAC Inc. declared a special dividend of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share and IAC Class B common stock, par value $0.0001 per share . The dividend will be paid through the distribution of shares of Angi Class A common stock, par value $0.001 per share on March 31, 2025 to the holders of record of IAC Stock as of the close of business on March 25, 2025, on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution.
ナラティブ更新 • May 10IAC: Rising Earnings Multiple And Overhaul Plans Will Drive RepricingThe updated analyst price target for IAC moves to $64.33 from $60.00. Analysts point to adjustments in fair value estimates, discount rate assumptions, revenue expectations, profit margins and future P/E as key drivers behind the change.
Reported Earnings • May 06First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$0.045 loss per share (improved from US$3.17 loss in 1Q 2025). Revenue: US$422.9m (down 12% from 1Q 2025). Net loss: US$3.46m (loss narrowed 99% from 1Q 2025). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 124%. Revenue is expected to decline by 3.5% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in the US are expected to grow by 15%. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
New Risk • May 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 45% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 45% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
ライブニュース • May 06IAC to Become People Incorporated With Renewed Focus on Publishing and MGM StakeIAC plans to rebrand as People Incorporated by mid-2026, sharpening its focus on its People Inc. publishing operations and its investment in MGM Resorts International. The company completed the full spin-off of Angi, its 10th independent company, while reaffirming its 2025 adjusted EBITDA guidance. Management is targeting $40 million in annual cost savings from corporate consolidation, alongside a planned $20 to $25 million reduction in stock-based compensation, and continues to pursue share repurchases and selective M&A. For you as an investor, the picture is of a company simplifying around two core pillars: a large digital and print publishing business under the People Inc. banner and a meaningful stake in MGM. The refinancing of People Inc.’s debt at $1.4 billion, ongoing digital revenue growth of 9% in Q2 2025, and an expected full-year digital growth range of 7% to 10% give a clearer view of where management is concentrating capital and attention, while search operations are set to wind down starting Q2 2026. At the same time, IAC’s portfolio continues to evolve, with Angi now fully separated, Joey Levin moving to Angi as Executive Chairman, and continued investment in assets like Care.com, Vivian Health, The Daily Beast, and BetMGM. The company is actively using tools such as buybacks, divestitures of noncore assets, and measured M&A to reshape its mix, while reaffirmed EBITDA guidance for 2025 gives some visibility on the current financial framework.
New Risk • Apr 23New major risk - Revenue and earnings growthEarnings have declined by 37% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
ナラティブ更新 • Apr 22IAC: Buybacks And Execution Will Shape Balanced Outlook For Future ReturnsAnalysts have raised their price targets on IAC by $6 and $3 in recent updates, indicating renewed confidence in the stock and offering a new reference point for where they think shares could reasonably trade. Analyst Commentary Recent price target moves on IAC give a snapshot of how research desks are thinking about the risk and reward trade off at current levels.
ナラティブ更新 • Apr 05IAC: Share Repurchases And Earnings Execution Will Support Further UpsideAnalysts have raised their price targets on IAC by $3 to $6 in recent research, reflecting updated views on its earnings potential and valuation. Analyst Commentary Recent price target adjustments on IAC, including moves of $3 and $6, highlight a reassessment of the company’s earnings potential and how the current share price lines up with that view.
ナラティブ更新 • Mar 22IAC: Share Repurchases And Portfolio Execution Will Support Future UpsideAnalysts have adjusted their outlook on IAC, with the average price target moving higher by a mid single digit dollar amount. They cite recent target increases of $6 from Citi and $3 from UBS as support for the updated view.
お知らせ • Mar 17Pacific Avenue Capital Partners, LLC completed the acquisition of Care.com, Inc. from IAC Inc. (NasdaqGS:IAC).Pacific Avenue Capital Partners, LLC agreed to acquire Care.com, Inc. from IAC Inc. (NasdaqGS:IAC) for $320 million on March 2, 2026. A cash consideration of $320 million will be paid by Care Parent, LLC. As part of consideration, $320 million is paid towards None of Care.com, Inc. The transaction is expected to be completed in the first half of 2026 after March 13, 2026 subject to customary closing conditions. J.P. Morgan Securities LLC acted as exclusive financial advisor for IAC Inc. Amber Banks, Thomas Engelhardt, Katharine Moir, David Della Rocca, Megan Alessi, Sandra Benjamin, Morgan Brubaker, Clayton Northouse, Mandy Reeves, Farrell Malone, Patrick English, Paul Rosen, Héctor Armengod, Jana Dammann de Chapto and Jennifer Kent of Latham and Watkins LLP acted as legal counsel to IAC Inc. Weil, Gotshal & Manges LLP acted as legal advisor and Moelis & Company LLC acted as financial advisor to Care Parent, LLC. Pacific Avenue Capital Partners, LLC completed the acquisition of Care.com, Inc. from IAC Inc. (NasdaqGS:IAC) on March 16, 2026.
ナラティブ更新 • Mar 07IAC: Share Repurchases And Margin Execution Will Support Future UpsideAnalysts have modestly increased their IAC price targets by $3 to $6, citing updated assumptions for the company’s discount rate, revenue growth, profit margins, and forward P/E multiples. Analyst Commentary Recent target price moves of $3 to $6 suggest that analysts are updating their views on IAC as new assumptions filter into their models.
Buy Or Sell Opportunity • Feb 25Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.2% to US$37.11. The fair value is estimated to be US$30.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Earnings per share has grown by 3.7%.
ナラティブ更新 • Feb 20IAC: Higher Margins And Reduced Revenue Pressure Will Support SharesAnalysts have lifted their price targets on IAC by $6 and $3 in recent updates, suggesting a view that the company’s fair value is closer to $47.33. This view is supported by expectations for less severe revenue declines, a higher profit margin near 5.50%, and a lower future P/E of about 33.87x.
Buy Or Sell Opportunity • Feb 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.0% to US$36.52. The fair value is estimated to be US$30.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has grown by 4.7%.
ナラティブ更新 • Feb 05IAC: MGM Stake Will Offset Softer Margins As Q3 Pressures PersistAnalysts have raised their price target on IAC from US$36.00 to US$38.00 as they account for a smaller expected revenue decline, a slightly higher discount rate, a lower profit margin outlook, and a significantly higher future P/E assumption. Valuation Changes Fair Value: updated from US$36.00 to US$38.00.
Reported Earnings • Feb 04Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$1.30 loss per share (improved from US$6.50 loss in FY 2024). Revenue: US$2.39b (down 37% from FY 2024). Net loss: US$119.3m (loss narrowed 78% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 13% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
ナラティブ更新 • Jan 22IAC: MGM Stake May Limit Downside As Messy Q3 Pressures PersistNarrative Update Analysts have trimmed their price target on IAC to US$39 from US$41, citing what they describe as a messy Q3 with shortfalls in People and Care.com. These were partly offset by cost reduction efforts and support from the MGM stake, which they see as limiting downside risk.
お知らせ • Jan 15IAC Inc. to Report Q4, 2025 Results on Feb 03, 2026IAC Inc. announced that they will report Q4, 2025 results After-Market on Feb 03, 2026
ナラティブ更新 • Jan 07IAC: MGM Stake And Buybacks Will Support Shares After Messy Q3Analysts have trimmed their average 12 month price target on IAC by US$2 to US$39, citing messy Q3 results at People and Care.com, cost saving efforts to support shareholder value, and the view that the MGM stake helps limit downside risk. Analyst Commentary Bearish analysts have trimmed their expectations on IAC, with the average 12 month price target reset to US$39.
Seeking Alpha • Jan 04IAC: Two Catalysts, One Depressed PriceSummary IAC Inc. (IAC) is rated a buy, with a $76 price target and 94% upside, driven by deep undervaluation, versus sum-of-the-parts analysis. The MGM Resorts (MGM) stake anchors IAC’s valuation, now representing 78% of equity value and providing a downside floor. People Inc. is the growth engine, with 9% digital revenue growth and 38% performance marketing growth, validating the digital pivot. IAC’s strong balance sheet, aggressive share buybacks, and diversified growth drivers create a compelling risk/reward profile, despite conglomerate and segment-specific risks. Read the full article on Seeking Alpha
分析記事 • Dec 20IAC Inc. (NASDAQ:IAC) Stock Rockets 25% As Investors Are Less Pessimistic Than ExpectedIAC Inc. ( NASDAQ:IAC ) shareholders would be excited to see that the share price has had a great month, posting a 25...
ナラティブ更新 • Dec 19IAC: MGM Stake And Buybacks Will Offset Weaker Near-Term OutlookAnalysts have trimmed their price target on IAC by about $3.00 to $36.00 per share, citing weaker near term growth and profitability following messy Q3 results, despite cost reduction efforts and support from the MGM stake. Analyst Commentary Bearish analysts have pointed to IAC's recent Q3 performance as a key driver behind more cautious stance adjustments, highlighting both execution missteps and softer trends in key business lines such as People and Care.com.
Buy Or Sell Opportunity • Dec 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.9% to US$37.83. The fair value is estimated to be US$31.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has grown by 23%.
ナラティブ更新 • Dec 04IAC: Cost Cuts And MGM Stake Will Support Shares AheadAnalysts have modestly reduced their price target on IAC to $39 from $41, citing messy Q3 results in key segments but noting that cost-cutting efforts and the supporting value of the MGM stake help limit downside risk. Analyst Commentary Analysts are digesting IAC's latest quarter as a mixed update, balancing operational missteps against tangible downside protection from its asset base.
ナラティブ更新 • Nov 20IAC: Cost Reductions And MGM Stake Will Limit Downside Risk AheadAnalysts have lowered their price target on IAC by $2 to $39, citing ongoing operational challenges highlighted in recent quarterly results. However, they note that cost-cutting efforts and asset support are helping to limit further downside risk.
Reported Earnings • Nov 04Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: US$0.27 loss per share (improved from US$2.93 loss in 3Q 2024). Revenue: US$589.8m (down 37% from 3Q 2024). Net loss: US$21.9m (loss narrowed 91% from 3Q 2024). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is expected to decline by 8.4% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in the US are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
ナラティブ更新 • Nov 03IAC: Share Repurchases And Asset Sales Will Unlock Long-Term ValueIAC's analyst consensus price target saw a moderate decrease, moving from approximately $48.69 to $48.38. Analysts weighed recent mixed performance, a cautious outlook on M&A, and evolving prospects for share buybacks in their reassessment.
お知らせ • Oct 09IAC Inc. to Report Q3, 2025 Results on Nov 03, 2025IAC Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025
分析記事 • Sep 13What Is IAC Inc.'s (NASDAQ:IAC) Share Price Doing?While IAC Inc. ( NASDAQ:IAC ) might not have the largest market cap around , it received a lot of attention from a...
Buy Or Sell Opportunity • Aug 05Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to US$34.38. The fair value is estimated to be US$46.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to decline by 33% in a year. Earnings are forecast to grow by 84% in the next year.
分析記事 • Jul 23Does IAC (NASDAQ:IAC) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Buy Or Sell Opportunity • Jul 11Now 20% undervaluedOver the last 90 days, the stock has risen 19% to US$40.60. The fair value is estimated to be US$50.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 34% in a year. Earnings are forecast to grow by 83% in the next year.
お知らせ • Jul 10IAC Inc. to Report Q2, 2025 Results on Aug 04, 2025IAC Inc. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025
新しいナラティブ • May 26Digital Advertising Upgrades Will Expand Global Market Reach Expansion into digital services, data ownership, and AI-driven personalization strengthens platform resilience, long-term growth, and recurring revenue.
Price Target Changed • May 08Price target decreased by 15% to US$51.75Down from US$61.22, the current price target is an average from 14 analysts. New target price is 47% above last closing price of US$35.32. The company is forecast to post a net loss per share of US$2.43 next year compared to a net loss per share of US$6.49 last year.
お知らせ • May 07IAC Inc., Annual General Meeting, Jun 18, 2025IAC Inc., Annual General Meeting, Jun 18, 2025.
Reported Earnings • May 06First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: US$2.64 loss per share (down from US$0.54 profit in 1Q 2024). Revenue: US$570.5m (down 39% from 1Q 2024). Net loss: US$232.1m (down US$277.1m from profit in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 78%. Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in the US are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Price Target Changed • May 05Price target decreased by 11% to US$56.72Down from US$63.43, the current price target is an average from 14 analysts. New target price is 60% above last closing price of US$35.35. The company is forecast to post a net loss per share of US$0.30 next year compared to a net loss per share of US$6.49 last year.
Board Change • Apr 14Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 10 highly experienced directors. Independent Director Maria Seferian was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 10IAC Inc. to Report Q1, 2025 Results on May 05, 2025IAC Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025
お知らせ • Apr 01IAC Inc. completed the Spin-Off of Angi Inc. (NasdaqGS:ANGI).IAC Inc. (NasdaqGS:IAC) agreed to Spin-Off Angi Inc. (NasdaqGS:ANGI) on January 13, 2024. The completion of the proposed spin-off transaction is subject to a number of conditions including final approval by the IAC Board of Directors and receipt of a tax opinion. The transaction is expected to close in the first half of 2025 but no sooner than March 31, 2025. As of March 10, 2025, The transaction has been approved by the board of IAC Inc. on March 7, 2025, and declared a special dividend (the “Distribution”) of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share (the “IAC common stock”), and IAC Class B common stock, par value $0.0001 per share (the “IAC Class B common stock” and together with the IAC common stock, “IAC Stock”). The the dividend will be paid through the distribution of shares of Angi Class A common stock, par value $0.001 per share (the “Angi Class A common stock”), on March 31, 2025 (the “Distribution Date”) to holders of record of IAC Stock as of the close of business on March 25, 2025 (the “Record Date”), on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution, as described in the Registration Statement on Form S-3, as amended, filed by Angi in connection with the spin-off. As of March 28, 2025, the Company has been informed that the ex-dividend date for IAC common stock will be April 1, 2025. The transaction expected to be completed on April 1, 2025. IAC Inc. (NasdaqGS:IAC) completed the Spin-Off Angi Inc. (NasdaqGS:ANGI) on March 31, 2025. As a result of the Distribution, IAC no longer owns any shares of Angi capital stock and Angi became an independent public company. Joseph Levin ceased to serve as Chief Executive Officer of IAC and as a member of the board of directors to Executive Chairman of Agni and Jeff Kip as CEO of Agni.
分析記事 • Mar 11We Think IAC (NASDAQ:IAC) Can Stay On Top Of Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Mar 11IAC Inc. Declares Special Dividend, Payable on March 31, 2025On March 7, 2025, the Board of Directors of IAC Inc. declared a special dividend of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share and IAC Class B common stock, par value $0.0001 per share . The dividend will be paid through the distribution of shares of Angi Class A common stock, par value $0.001 per share on March 31, 2025 to the holders of record of IAC Stock as of the close of business on March 25, 2025, on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution.
Recent Insider Transactions Derivative • Mar 09Chairman & Senior Executive exercised options and sold US$20m worth of stockOn the 5th of March, Barry Diller exercised 1.00m options at around US$13.71, then sold 705k of the shares acquired at an average of US$42.57 per share and kept the remainder. Since March 2024, Barry has owned 6.24m shares directly. Company insiders have collectively sold US$18m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Feb 20Executive VP exercised options and sold US$671k worth of stockOn the 15th of February, Kendall Handler exercised options to acquire 14k shares at no cost and sold these for an average price of US$47.02 per share. This trade did not impact their existing holding. Since March 2024, Kendall has owned 13.68k shares directly. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Feb 12Executive VP exercised options and sold US$1.2m worth of stockOn the 8th of February, Christopher Halpin exercised options to acquire 28k shares at no cost and sold these for an average price of US$41.60 per share. This trade did not impact their existing holding. Since March 2024, Christopher has owned 36.49k shares directly. Company insiders have collectively sold US$3.5m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Feb 03Revenues Not Telling The Story For IAC Inc. (NASDAQ:IAC)There wouldn't be many who think IAC Inc.'s ( NASDAQ:IAC ) price-to-sales (or "P/S") ratio of 0.9x is worth a mention...
Seeking Alpha • Jan 19IAC: FCC Issues Could Be Limited, Spin-Off Now ConfirmedSummary IAC confirms the spin-off of Angi, despite mixed feelings from the equity research community, though appeal to the minority Angi float. Angi's shift to a consumer-stated choice model should improve US margins and mitigate FCC consent rule impacts, but parity with international margins may be optimistic. Turo's profitability and Vivian Health's valuations can be confirmed by more recent precedents for the SotP. Reduced focused on politics starting in Q4 is good for IAC's businesses, but the capital cost outlook will continue to limit catalysts in our view, such as a Turo IPO. Read the full article on Seeking Alpha
お知らせ • Jan 14IAC Inc. to Report Q4, 2024 Results on Feb 11, 2025IAC Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 11, 2025
分析記事 • Jan 07IAC Inc.'s (NASDAQ:IAC) Intrinsic Value Is Potentially 51% Above Its Share PriceKey Insights IAC's estimated fair value is US$65.85 based on 2 Stage Free Cash Flow to Equity IAC is estimated to be...
分析記事 • Dec 11Does IAC (NASDAQ:IAC) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Major Estimate Revision • Nov 19Consensus EPS estimates fall by 195%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$1.28 to -US$3.76 per share. Revenue forecast unchanged at US$3.75b. Interactive Media and Services industry in the US expected to see average net income growth of 34% next year. Consensus price target down from US$73.92 to US$70.00. Share price fell 14% to US$47.21 over the past week.
分析記事 • Nov 14Should You Think About Buying IAC Inc. (NASDAQ:IAC) Now?While IAC Inc. ( NASDAQ:IAC ) might not have the largest market cap around , it received a lot of attention from a...
Reported Earnings • Nov 13Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: US$2.93 loss per share (improved from US$4.72 loss in 3Q 2023). Revenue: US$938.7m (down 16% from 3Q 2023). Net loss: US$243.7m (loss narrowed 38% from 3Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
Seeking Alpha • Nov 13IAC: Ad Market Improvements To Be Offset By FCC, And Angi Spin-Off ConfusionsSummary IAC saw an improving ad market despite the issues of being an advertiser in a distracting election cycle. The sum of the parts analysis could be more emphasized by a lower tax burden, depending on election outcomes in other branches, and also by the Angi spin-off. Angi restructuring seems to be working, although markets did not appreciate the spin-off announcement, which might have been interpreted as a lack of confidence. In all, IAC could be an interesting opportunity during this volatility. Read the full article on Seeking Alpha
お知らせ • Oct 17IAC Inc. to Report Q3, 2024 Results on Nov 11, 2024IAC Inc. announced that they will report Q3, 2024 results After-Market on Nov 11, 2024
分析記事 • Sep 30Unpleasant Surprises Could Be In Store For IAC Inc.'s (NASDAQ:IAC) SharesIt's not a stretch to say that IAC Inc.'s ( NASDAQ:IAC ) price-to-sales (or "P/S") ratio of 1.2x right now seems quite...
Seeking Alpha • Aug 26IAC Inc. Is A Steal, But It Needs A DealSummary IAC has signalled to the market that it's ready to make deals. Any kind of transaction (sale, acquisition, or IPO) could unlock shareholder value. If the private assets are indeed worth what we speculate, IAC is severely undervalued even when taking into account corporate overhead costs and could double when the market catches up. IAC's CEO and team are incentivized with RSUs to get the share price to at least $110 by 2030. Read the full article on Seeking Alpha
Reported Earnings • Aug 07Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: US$1.71 loss per share (further deteriorated from US$0.94 loss in 2Q 2023). Revenue: US$949.5m (down 15% from 2Q 2023). Net loss: US$142.2m (loss widened 83% from 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 18IAC Inc. to Report Q2, 2024 Results on Aug 06, 2024IAC Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024
お知らせ • Jul 11Barry Diller Reportedly Hints At Continued Interest in ParamountMedia mogul Barry Diller IAC Inc. (NasdaqGS:IAC), Chairman hinted to reporters at the annual Sun Valley Conference on July 10, 2024 that he may still be interested in making a bid for Paramount Global (NasdaqGS:PARA). On July 08, 2024, Paramount announced it had agreed to merge with Skydance Media in a deal handing control of the storied Hollywood studio to producer David Ellison. The agreement gave the sellers 45 days to seek better offers. Diller told reporters that 45 days is "a lifetime," according to Bloomberg.
Seeking Alpha • Jul 05IAC: Could Be An Inflection Point With OpenAI Deal InkedSummary IAC is undergoing major cost control and restructuring efforts, with a focus on improving profitability across all businesses, including Angi and DDM. Moreover, they have inked a deal with OpenAI who will pay them for the license to their content, which will translate at high margin into profits. We have reduced the P/S on DDM for conservativeness compared to last article, but the upside is just growing further as IAC reaches close to all-time lows. We are sounding a buy alert, and would buy ourselves if only cash were available. Read the full article on Seeking Alpha
分析記事 • Jul 02Is IAC (NASDAQ:IAC) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Seeking Alpha • May 15IAC: Ecommerce Leader Has A 20% Holding In MGM's Casino Business You Get FreeSummary IAC Inc.'s future is focused on building brands, with potential for growth in the online business sector. The company's investment in MGM Resorts International may be its biggest asset, with potential for growth in the leisure sector. IAC's revenue growth reflects its ability to monetize its digital properties and capitalize on its shift into digital and print media. Read the full article on Seeking Alpha
Reported Earnings • May 08First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: US$0.52 (down from US$4.75 in 1Q 2023). Revenue: US$929.7m (down 14% from 1Q 2023). Net income: US$45.0m (down 89% from 1Q 2023). Profit margin: 4.8% (down from 38% in 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$56.35, the stock trades at a trailing P/E ratio of 18.9x. Average forward P/E is 8x in the Interactive Media and Services industry in the US. Total loss to shareholders of 64% over the past three years.
お知らせ • Apr 28IAC Inc., Annual General Meeting, Jun 11, 2024IAC Inc., Annual General Meeting, Jun 11, 2024, at 09:30 US Eastern Standard Time. Agenda: To elect twelve members of IAC’s board of directors, each to hold office until the next succeeding annual meeting of stockholders or until such director’s successor shall have been duly elected and qualified; to approve an amendment to the Company’s Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation; to approve a non-binding advisory vote on 2023 executive compensation; to ratify the appointment of Ernst & Young LLP as IAC’s independent registered public accounting firm for the 2024 fiscal year; and to transact other business.
お知らせ • Apr 17IAC Inc. to Report Q1, 2024 Results on May 07, 2024IAC Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024
分析記事 • Apr 07Should You Investigate IAC Inc. (NASDAQ:IAC) At US$52.12?IAC Inc. ( NASDAQ:IAC ), is not the largest company out there, but it received a lot of attention from a substantial...
Recent Insider Transactions Derivative • Feb 29CEO & Director exercised options and sold US$2.8m worth of stockOn the 23rd of February, Joseph Levin exercised 100.00k options at around US$13.48, then sold 66k of the shares acquired at an average of US$56.69 per share and kept the remainder. For the year to December 2017, Joseph's total compensation was 22% salary and 78% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Joseph has owned 3.60m shares directly. Company insiders have collectively sold US$4.3m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Feb 21IAC (NASDAQ:IAC) Strong Profits May Be Masking Some Underlying IssuesFollowing the solid earnings report from IAC Inc. ( NASDAQ:IAC ), the market responded by bidding up the stock price...
Major Estimate Revision • Feb 20Consensus EPS estimates fall by 172%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$4.39b to US$4.00b. Losses expected to increase from US$0.61 per share to US$1.67. Interactive Media and Services industry in the US expected to see average net income growth of 23% next year. Consensus price target up from US$75.35 to US$76.95. Share price rose 12% to US$57.18 over the past week.
New Risk • Feb 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
分析記事 • Feb 15IAC Inc. Just Reported A Surprise Profit And Analysts Updated Their EstimatesIt's been a good week for IAC Inc. ( NASDAQ:IAC ) shareholders, because the company has just released its latest yearly...
Reported Earnings • Feb 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: US$3.07 (up from US$13.58 loss in FY 2022). Revenue: US$4.37b (down 17% from FY 2022). Net income: US$265.9m (up US$1.44b from FY 2022). Profit margin: 6.1% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions Derivative • Feb 14Executive VP exercised options and sold US$1.6m worth of stockOn the 8th of February, Christopher Halpin exercised options to acquire 31k shares at no cost and sold these for an average price of US$51.25 per share. This trade did not impact their existing holding. Since June 2023, Christopher has owned 11.34k shares directly. Company insiders have collectively sold US$1.9m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Feb 11IAC: Profits Should Improve Further In Q4Summary IAC has a portfolio of non-public brands whose valuation seems to be the point of contention for markets. Q3 earnings showed declines in print media revenues but some pockets of performance in digital marketing, but overall IAC marketing revenues suffered, and Angi suffered especially. The upcoming Q4 earnings are expected to show improvements in digital revenue and advertising budgets, probably improving sales direction. While some of the declines reflect the overall market, they have also been doing substantial restructuring which has already yielded results in terms of profitability. Any sales increases now should move through a more profitable operation. Read the full article on Seeking Alpha
分析記事 • Feb 07Insufficient Growth At IAC Inc. (NASDAQ:IAC) Hampers Share PriceIAC Inc.'s ( NASDAQ:IAC ) price-to-sales (or "P/S") ratio of 1x might make it look like a buy right now compared to the...
お知らせ • Jan 18IAC Inc. to Report Q4, 2023 Results on Feb 13, 2024IAC Inc. announced that they will report Q4, 2023 results After-Market on Feb 13, 2024
お知らせ • Dec 15IAC Inc. Appoints Maria Seferian to the Board of DirectorsEffective December 12, 2023, Maria Seferian, age 51, was appointed to the board of directors of IAC Inc. Ms. Seferian has served as General Counsel of Hillspire, LLC, an integrated, single-family management firm (“Hillspire”), since 2014. In her role, Ms. Seferian oversees the firm’s legal, tax, special investments and initiatives, trusts & estates, strategic planning, grants management and compliance functions. Prior to joining Hillspire, Ms. Seferian worked (most recently as a partner) at Munger, Tolles & Olson, LLP, a law firm with a national and international practice, from 2001, where she specialized in mergers and acquisitions, joint ventures, capital markets and general corporate transactions, representing private and public clients across diverse industries from private equity to entertainment. From 2013 to 2014, Ms. Seferian also served as Interim Director and Chief Executive Officer of the Museum of Contemporary Art in Los Angeles (“MOCA”), where she led the institution through a financial turn-around, securing its long-term stability. Ms. Seferian holds a Bachelor of Arts in philosophy and Master of Arts from the University of Illinois at Urbana-Champaign and a J.D. with honors from Harvard Law School. Following law school and before entering private practice, Ms. Seferian served as a judicial clerk for the Honorable Justice James L. Oakes in the U.S. Court of Appeals for the Second Circuit. In addition to her for-profit affiliations, Ms. Seferian serves as Chairperson of the Board of Trustees of MOCA and as a director of the Schmidt Family Foundation.
Price Target Changed • Nov 12Price target decreased by 7.2% to US$76.02Down from US$81.95, the current price target is an average from 15 analysts. New target price is 68% above last closing price of US$45.38. Stock is down 10% over the past year. The company is forecast to post earnings per share of US$3.20 next year compared to a net loss per share of US$13.58 last year.
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 09Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: US$4.72 loss per share (further deteriorated from US$0.74 loss in 3Q 2022). Revenue: US$1.11b (down 15% from 3Q 2022). Net loss: US$390.5m (loss widened US$326.7m from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 07IAC Inc. to Report Q3, 2023 Results on Nov 07, 2023IAC Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023
分析記事 • Oct 13Calculating The Intrinsic Value Of IAC Inc. (NASDAQ:IAC)Key Insights The projected fair value for IAC is US$51.73 based on 2 Stage Free Cash Flow to Equity With US$46.99 share...
Buying Opportunity • Oct 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 24%. The fair value is estimated to be US$62.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is forecast to decline by 18% per annum over the same time period.
お知らせ • Aug 17IAC Inc. Announces Management Changes, Effective September 18, 2023On August 10, 2023, Erik Bradbury was appointed as Senior Vice President and Controller (Principal Accounting Officer) of IAC Inc. (the “Company” or “IAC”)), effective on or about September 18, 2023 (the “Effective Date”). Prior to this appointment, Mr. Bradbury, age 45, served as Chief Accounting Officer (Principal Accounting Officer) of DraftKings Inc. since September 2020. In this capacity, Mr. Bradbury oversaw DraftKings’ corporate accounting functions, including SEC and regulatory reporting, operational accounting, accounting policy and the development of relevant accounting positions. Prior to his tenure at DraftKings, Mr. Bradbury was a Partner with Ernst & Young LLP from July 2017 through September 2020. From September 2015 until September 2017, Mr. Bradbury served as a Professional Accounting Fellow at Financial Executives International. Prior to his role as a Professional Accounting Fellow, Mr. Bradbury spent 11 years in Ernst & Young’s U.S. Assurance practice, where he served in multiple roles, including within the National Professional Practice Group, Financial Accounting Advisory Services practices and as an auditor. Mr. Bradbury received a degree in accounting from Brigham Young University and is a Certified Public Accountant. On August 10, 2023, Michael H. Schwerdtman, Senior Vice President, Controller (Principal Accounting Officer) notified the Company that he was retiring from his position, effective as of the Effective Date, after having served in such role since December 2004. Mr. Schwerdtman will remain an employee of the Company and continue to serve as an advisor from the Effective Date through March 1, 2024.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$56.49, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 20x in the Interactive Media and Services industry in the US. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$88.11 per share.
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
New Risk • Aug 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 09Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: US$1.07 loss per share (improved from US$10.02 loss in 2Q 2022). Revenue: US$1.11b (down 18% from 2Q 2022). Net loss: US$89.0m (loss narrowed 90% from 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 22IAC Inc. to Report Q2, 2023 Results on Aug 08, 2023IAC Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2023
分析記事 • Jul 11Is IAC Inc. (NASDAQ:IAC) Potentially Undervalued?IAC Inc. ( NASDAQ:IAC ), is not the largest company out there, but it saw a significant share price rise of over 20% in...
分析記事 • Jun 23Calculating The Intrinsic Value Of IAC Inc. (NASDAQ:IAC)Key Insights Using the 2 Stage Free Cash Flow to Equity, IAC fair value estimate is US$71.26 IAC's US$61.35 share price...
Buying Opportunity • May 31Now 20% undervaluedOver the last 90 days, the stock is up 7.0%. The fair value is estimated to be US$69.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • May 11IAC Inc. (NasdaqGS:IAC) acquired an additional unknown stake in Turo Inc. for approximately $100 million.IAC Inc. (NasdaqGS:IAC) acquired an additional unknown stake in Turo Inc. for approximately $100 million on April 25, 2023. Following the purchase, IAC’s aggregate percentage ownership in Turo is 31%. IAC Inc. (NasdaqGS:IAC) completed the acquisition of Turo Inc. on April 25, 2023
Reported Earnings • May 11First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: US$4.72 (up from US$2.72 loss in 1Q 2022). Revenue: US$1.08b (down 18% from 1Q 2022). Net income: US$417.8m (up US$653.6m from 1Q 2022). Profit margin: 39% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Interactive Media and Services industry in the US.
