News stories about IAC/InterActiveCorp (NASDAQ:IAC) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. IAC/InterActiveCorp earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.6787274225742 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- From 53 matches to 4 dates: What a month on Tinder is really like (finance.yahoo.com)
- IAC/InterActiveCorp (NASDAQ:IAC) Given Media Impact Rating of 0.17 – Newburgh Gazette (newburghgazette.com)
- Match Group: Tinder Points To Bigger Problems With Mobile (seekingalpha.com)
- Jefferies Group Boosts IAC/InterActiveCorp (IAC) Price Target to $180.00 (americanbankingnews.com)
- IAC/InterActiveCorp (IAC) Downgraded by Credit Suisse Group (americanbankingnews.com)
IAC/InterActiveCorp (IAC) traded up $2.79 during midday trading on Wednesday, reaching $162.19. 697,916 shares of the company’s stock were exchanged, compared to its average volume of 800,128. IAC/InterActiveCorp has a 52 week low of $72.00 and a 52 week high of $163.59. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.66 and a quick ratio of 2.66. The firm has a market capitalization of $13,395.55, a PE ratio of 51.49, a P/E/G ratio of 4.94 and a beta of 1.31.
IAC has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of IAC/InterActiveCorp from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 19th. Credit Suisse Group restated a “buy” rating and set a $151.00 price objective on shares of IAC/InterActiveCorp in a research report on Tuesday, January 9th. Guggenheim reaffirmed a “buy” rating and set a $150.00 target price on shares of IAC/InterActiveCorp in a report on Friday, December 22nd. BidaskClub lowered shares of IAC/InterActiveCorp from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Finally, Evercore ISI started coverage on shares of IAC/InterActiveCorp in a report on Tuesday, December 5th. They set an “outperform” rating and a $155.00 target price for the company. Four equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $162.86.
In other news, EVP Gregg Winiarski sold 62,253 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $127.19, for a total transaction of $7,917,959.07. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Mark J. Stein sold 26,887 shares of the stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $126.68, for a total transaction of $3,406,045.16. The disclosure for this sale can be found here. Corporate insiders own 11.30% of the company’s stock.
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.
Receive News & Ratings for IAC/InterActiveCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IAC/InterActiveCorp and related companies with MarketBeat.com's FREE daily email newsletter.