IAC/InterActiveCorp (IAC) Earns Daily News Impact Score of 0.05

Headlines about IAC/InterActiveCorp (NASDAQ:IAC) have been trending somewhat positive on Monday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. IAC/InterActiveCorp earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the company an impact score of 44.3324400316722 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news headlines that may have effected Accern’s analysis:

IAC/InterActiveCorp (NASDAQ:IAC) traded down $2.36 during trading hours on Monday, reaching $121.93. The company’s stock had a trading volume of 891,128 shares, compared to its average volume of 770,427. IAC/InterActiveCorp has a 52-week low of $64.69 and a 52-week high of $137.86. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.57. The firm has a market cap of $10,189.79, a P/E ratio of 99.43, a P/E/G ratio of 27.37 and a beta of 1.09.

IAC/InterActiveCorp (NASDAQ:IAC) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.14). The firm had revenue of $828.40 million for the quarter, compared to analyst estimates of $810.36 million. IAC/InterActiveCorp had a return on equity of 4.26% and a net margin of 11.81%. The company’s revenue was up 8.4% compared to the same quarter last year. During the same period last year, the company earned $0.73 EPS. research analysts forecast that IAC/InterActiveCorp will post 0.55 EPS for the current year.

A number of analysts recently issued reports on the company. Piper Jaffray Companies increased their target price on IAC/InterActiveCorp to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 16th. Aegis reissued a “buy” rating and set a $125.00 target price (up from $115.00) on shares of IAC/InterActiveCorp in a research note on Tuesday, August 15th. Citigroup set a $150.00 target price on IAC/InterActiveCorp and gave the stock a “buy” rating in a research note on Friday, November 10th. Needham & Company LLC increased their target price on IAC/InterActiveCorp from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, ValuEngine cut IAC/InterActiveCorp from a “hold” rating to a “sell” rating in a research note on Friday. One analyst has rated the stock with a sell rating, two have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $141.40.

In other news, Director David S. Rosenblatt sold 6,000 shares of the stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $133.00, for a total value of $798,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Joseph Levin sold 78,500 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $128.83, for a total value of $10,113,155.00. The disclosure for this sale can be found here. Corporate insiders own 11.30% of the company’s stock.

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IAC/InterActiveCorp Company Profile

IAC/InterActiveCorp (IAC) is a media and Internet company. The Company’s brands include HomeAdvisor, Vimeo, Dictionary.com and Match Group’s online dating portfolio, which includes Tinder, PlentyOfFish and OkCupid. Its segments include Match Group, HomeAdvisor, Video, Applications and Publishing. Match Group includes the dating and non-dating businesses of Match Group, Inc HomeAdvisor is a home services digital marketplace that helps connect consumers with home professionals in North America, as well as in France, the Netherlands and Italy under various brands.

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