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.
A number of analysts gave price targets for IAC. The maximum price target given was 135, implying potential capital gains of 27.11 percent. The most pessimistic price target was 80, implying potential capital losses of -24.68 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 6.34 percent. The average change in earnings estimates over the last 90 days is -14.47 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.28 percent. If we look at the last 90 days instead, we find a net average change of -6.07 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their 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, compared to 0 analysts that revised their FY estimates downwards.
IAC has traded between a high of 109.80 and a low of 56.41 over the past year. Currently the stock is 88.28 percent higher than its low, and 3.27 percent below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.