Analyst Ratings for IAC/InterActiveCorp. (IAC)Updated: 2017-07-29
IAC/InterActiveCorp. (NASDAQ:IAC) was awarded an average rating of Buy from investment analysts following the stock. Last month, IAC received an average rating of Buy.
17 analysts declared IAC a buy, 0 gave an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for IAC. The most optimistic analyst gave a price target of 135, implying potential capital gains of 27.11 percent. The lowest price target was 80, which equates to a potential downside of -24.68 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 6.34 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -14.47 percent. Meanwhile, fiscal year estimates have been revised upwards by 3.28 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.07 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, IAC has achieved a high of 109.80 and a low of 56.41. The current market price is above the trailing year's low by 88.28 percent, and 3.27 percent lower than its 52-week high. IAC has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The IAC value stock report compares IAC to some of its peers using value stock charts. The market cap of IAC is $8.36 billion. IAC's next earnings release will be on 0000-00-00, which is days away.