IAC stock: buy or sell?
May 21st, 2019
IAC\u002FInterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally.
Should I buy IAC stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with IAC/InterActiveCorp stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is IAC/InterActiveCorp stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we detected 13 ratings published for IAC stock in the last month. The general sentiment of these ratings is bullish for IAC stock, with 11 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-13||Wells Fargo & Co||n/a||Outperform|
|2019-5-10||JPMorgan Chase & Co.||Neutral||Overweight|
|2019-5-10||Bank of America||n/a||Buy|
|2019-4-30||JPMorgan Chase & Co.||n/a||Overweight|
|2019-2-4||Goldman Sachs Group||n/a||Neutral|
|2019-2-11||JPMorgan Chase & Co.||Positive||Overweight|
|2019-2-11||Jefferies Financial Group||n/a||n/a|
|2019-2-11||BMO Capital Markets||Outperform||Outperform|
|2019-1-8||Bank of America||Buy||Buy|
IAC stock analysis
Shares of IAC/InterActiveCorp declined a fatal -1.62% and closed at $228.51.
IAC/InterActiveCorp closed today at $228.51 and declined a fatal -1.62%. On January IAC price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. On May/8, IAC hit new all time highs, pushing higher previous ATH of $233.39 recorded on Apr 24th. New ATHs are usual entry points for many trading setups as there aren't higher resistences. Since SMA50d and SMA100d crossed up on February, IAC price climbed $8.49 per share (3.86%).
IAC/InterActiveCorp shares fell -2.75% this week, ending at $228.51.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $242.86 resistance. Not so far away is the last all-time high IAC/InterActiveCorp marked early May. Late December 2018 IAC price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since SMA10d and SMA20w crossed up by mid February, IAC price climbed $12.55 per share (5.81%).
IAC stock price history
IAC stock went public on January 19th, 1993 with a price of $1.011. Since then, IAC stock grew a 22,524.80%, with a yearly average of 866.30%. If you had invested right after IAC's IPO a $1,000 in IAC stock in 1993, it would worth $225,248.00 today.
1: Adjusted price after possible price splits or reverse-splits.
IAC stock historical price chart
IAC stock reached all-time highs on May/8 with a price of $242.86.
IAC stock price target is $270.30How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we found 12 price predictions for IAC/InterActiveCorp stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-13||Wells Fargo & Co||Reiterates||$250.00||$280.00||12%|
|2019-5-10||UBS Group||Raises Target||$265.00||$285.00||7.5%|
|2019-5-10||JPMorgan Chase & Co.||Raises Target||$265.00||$270.00||1.9%|
|2019-5-10||Bank of America||Raises Target||$273.00||$295.00||8.1%|
|2019-4-30||JPMorgan Chase & Co.||Raises Target||$250.00||$265.00||6%|
|2019-2-11||JPMorgan Chase & Co.||Raises Target||n/a||$250.00||-|
|2019-2-11||Jefferies Financial Group||Raises Target||n/a||$260.00||-|
|2019-2-11||BMO Capital Markets||Raises Target||$287.00||$291.00||1.4%|
|2019-1-8||Bank of America||Reiterates||$240.00||$228.00||-5%|
Financials and fundamental analysis
Earnings date and Earnings per ShareIAC/InterActiveCorp presented tiny results for 2018-Q4 on February. IAC/InterActiveCorp inched Earnings per Share (EPS) by 4.00%, beating analysts of $0.99. IAC/InterActiveCorp posted $1.03.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, IAC/InterActiveCorp annual turnover skyrocketed an astounding 28.90% to $4,262.89 M dollars from $3,307.24 marked in 2017. On the other hand, its income margin (compared to revenues) jumped to 14.71%, that is $626.96 million.
|2013||$3,020 M||-||$284 M9.4%||-|
|2014||$3,110 M||2.97%||$415 M13.3%||46.15%|
|2015||$3,231 M||3.90%||$119 M3.7%||-71.20%|
|2016||$3,140 M||-2.82%||$-41.28 M-1.3%||-134.55%|
|2017||$3,307 M||5.33%||$305 M9.2%||-838.67%|
|2018||$4,263 M||28.90%||$627 M14.7%||105.61%|
Quarterly financial resultsIAC/InterActiveCorp reported $1,104.10 M in sales for 2018-Q4, a -0.04% decline compared to previous quarter. Reported quarter earnings marked $191.75 million with a profit margin of 17.37%. Profit margin raised a 4.17% compared to previous quarter when profit margin was 13.20%. When comparing turnover to same quarter last year, IAC/InterActiveCorp sales marked a super good gain and boosted a 16.15%.
|2017-Q1||$761 M||-||$26 M3.4%||-|
|2017-Q2||$767 M||0.86%||$66 M8.6%||152.84%|
|2017-Q3||$828 M||7.95%||$180 M21.7%||171.08%|
|2017-Q4||$951 M||14.74%||$33 M3.5%||-81.74%|
|2018-Q1||$995 M||4.68%||$71 M7.1%||116.69%|
|2018-Q2||$1,059 M||6.44%||$218 M20.6%||207.18%|
|2018-Q3||$1,105 M||4.29%||$146 M13.2%||-33.24%|
|2018-Q4||$1,104 M||-0.04%||$192 M17.4%||31.54%|
IAC/InterActiveCorp ownershipWhen you are planning to invest in shares of a company, it's worth to have a look its ownership structure.
IAC/InterActiveCorp shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.32% of all shares.
Bearish positions for IAC stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to IAC/InterActiveCorp:
|Market cap||$17.9 B||$1.5 B||$41.1 B||$17.0 B||$241.0 B|
|Total shares||78.3 M||48.4 M||349.4 M||352.0 M||1,800.0 M|
|Float shares||77.5 M||44.6 M||276.5 M||333.3 M||1,800.0 M|
|- Institutional holdings (%)||98.0%||100.0%||82.7%||0.0%||54.8%|
|- Insider holdings (%)||1.3%||1.8%||0.2%||7.8%||0.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$227.52 - $234.44|
|Average true range||$8.41|
|50d mov avg||$220.17|
|100d mov avg||$211.98|
|200d mov avg||$202.03|
IAC/InterActiveCorp performanceTo better understand IAC/InterActiveCorp performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare IAC/InterActiveCorp performance to Blucora, Baidu, CBS, Walt Disney, Alphabet, Leaf and Microsoft:
IAC/InterActiveCorp competitorsOne check before investing in any stock is to have a look a list of its competitors, in this case for IAC/InterActiveCorp. We picked 7 companies as IAC/InterActiveCorp competitors as they are in the same industry or have similar market objectives.
Latest IAC stock news
- InvestorPlaceIAC/InterActiveCorp (IAC) Stock Surges on Q2 Earnings, Revenue BeatAugust 9, 2018