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 maximum price target given was 135, which equates to a potential upside of 27.11 percent. The minimum price target given was 80, which equates to a potential downside of -24.68 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 6.34 percent on average, compared to last month. That number becomes -14.47 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
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. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
IAC has a 52-week high of 109.80 and a 52-week low of 56.41. 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 will post this quarters earnings in days, on 0000-00-00.