Somewhat Positive Media Coverage Somewhat Unlikely to Affect IAC/InterActiveCorp (IAC) Stock Price

Media stories about IAC/InterActiveCorp (NASDAQ:IAC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. 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 news sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.6787274225742 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

A number of research firms have issued reports on IAC. ValuEngine downgraded shares of IAC/InterActiveCorp from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Evercore ISI began coverage on shares of IAC/InterActiveCorp in a report on Tuesday, December 5th. They set an “outperform” rating and a $155.00 price objective on the stock. BidaskClub downgraded shares of IAC/InterActiveCorp from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Zacks Investment Research downgraded shares of IAC/InterActiveCorp from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 19th. Finally, Guggenheim reaffirmed a “buy” rating and set a $150.00 price objective on shares of IAC/InterActiveCorp in a report on Friday, December 22nd. Four investment 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. IAC/InterActiveCorp presently has an average rating of “Buy” and an average price target of $164.52.

IAC stock opened at $156.38 on Friday. The company has a market capitalization of $12,738.42, a P/E ratio of 49.64, a P/E/G ratio of 4.70 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 1-year low of $72.84 and a 1-year high of $166.64.

IAC/InterActiveCorp (NASDAQ:IAC) last issued its earnings results on Wednesday, February 7th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.12. The business had revenue of $950.59 million during the quarter, compared to analyst estimates of $894.74 million. IAC/InterActiveCorp had a return on equity of 2.42% and a net margin of 9.22%. sell-side analysts predict that IAC/InterActiveCorp will post 3.93 earnings per share for the current year.

In other IAC/InterActiveCorp news, EVP Gregg Winiarski sold 62,253 shares of the 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 filing with the Securities & Exchange Commission, which is accessible 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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