IAC/InterActiveCorp (IAC) Earning Somewhat Positive News Coverage, Analysis Finds

Media headlines about IAC/InterActiveCorp (NASDAQ:IAC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. IAC/InterActiveCorp earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.8960872223375 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:

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IAC/InterActiveCorp (IAC) traded up $0.12 during trading on Friday, hitting $158.42. The stock had a trading volume of 799,269 shares, compared to its average volume of 810,240. The stock has a market cap of $13,432.75, a P/E ratio of 50.29, a price-to-earnings-growth ratio of 4.96 and a beta of 1.31. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.67. IAC/InterActiveCorp has a 52 week low of $72.33 and a 52 week high of $166.64.

IAC/InterActiveCorp (NASDAQ:IAC) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.12. The company had revenue of $950.59 million for the quarter, compared to the consensus estimate of $894.74 million. IAC/InterActiveCorp had a return on equity of 2.42% and a net margin of 9.22%. analysts expect that IAC/InterActiveCorp will post 3.93 EPS for the current fiscal year.

A number of analysts recently commented on the company. Wells Fargo reaffirmed a “buy” rating and set a $185.00 price objective on shares of IAC/InterActiveCorp in a research note on Friday, March 9th. Zacks Investment Research raised IAC/InterActiveCorp from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 10th. ValuEngine downgraded IAC/InterActiveCorp from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Credit Suisse Group reiterated a “buy” rating and set a $151.00 target price on shares of IAC/InterActiveCorp in a research report on Tuesday, January 9th. Finally, Jefferies Group increased their target price on IAC/InterActiveCorp to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, March 7th. Four equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. IAC/InterActiveCorp currently has a consensus rating of “Buy” and a consensus price target of $164.52.

In other news, EVP Gregg Winiarski sold 62,253 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $127.19, for a total value of $7,917,959.07. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 10.60% 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.

Insider Buying and Selling by Quarter for IAC/InterActiveCorp (NASDAQ:IAC)

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