Press coverage about IAC/InterActiveCorp (NASDAQ:IAC) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. IAC/InterActiveCorp earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.4466442149875 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- IAC/InterActiveCorp (IAC) – Lookout Watch List stock – Wall Street Morning (wallstreetmorning.com)
- IAC/InterActiveCorp (IAC) Stock under Technical Radar – Investing News Update (investingbizz.com)
- Match Group shares fall after analyst predicts upcoming lull – MarketWatch (marketwatch.com)
- Match Group Rises As Bumble Buyout Talks Apparently Fall Flat (investors.com)
- 3 High-Income ETFs That Yield at Least 9% – Investorplace.com (investorplace.com)
Several research firms have commented on IAC. Guggenheim restated a “buy” rating and set a $185.00 price objective on shares of IAC/InterActiveCorp in a report on Wednesday. Wells Fargo restated a “buy” rating and set a $168.00 price objective on shares of IAC/InterActiveCorp in a report on Thursday, February 8th. Needham & Company LLC restated a “buy” rating on shares of IAC/InterActiveCorp in a report on Friday, February 9th. Piper Jaffray Companies raised their price objective on IAC/InterActiveCorp from $191.00 to $197.00 and gave the stock an “overweight” rating in a report on Friday, February 9th. Finally, JPMorgan Chase & Co. began coverage on IAC/InterActiveCorp in a report on Friday, February 2nd. They set an “overweight” rating and a $175.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $164.52.
IAC/InterActiveCorp (NASDAQ:IAC) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.12. The firm had revenue of $950.59 million during the quarter, compared to analysts’ expectations of $894.74 million. IAC/InterActiveCorp had a return on equity of 2.42% and a net margin of 9.22%. sell-side analysts anticipate that IAC/InterActiveCorp will post 3.93 earnings per share for the current fiscal year.
In other news, EVP Gregg Winiarski sold 62,253 shares of the firm’s stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.30% of the stock is owned by company insiders.
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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