IAC/InterActiveCorp (NASDAQ:IAC) had its price target lifted by Barclays PLC from $150.00 to $155.00 in a report published on Friday. Barclays PLC currently has an overweight rating on the stock.

A number of other equities research analysts have also recently commented on IAC. Cowen and Company restated a buy rating and set a $115.00 target price on shares of IAC/InterActiveCorp in a research report on Sunday, July 30th. Aegis restated a buy rating and set a $115.00 target price on shares of IAC/InterActiveCorp in a research report on Thursday, August 3rd. Wells Fargo & Company restated a buy rating on shares of IAC/InterActiveCorp in a research report on Thursday, August 3rd. UBS AG restated a buy rating and set a $126.00 target price (up from $115.00) on shares of IAC/InterActiveCorp in a research report on Friday, August 4th. Finally, TheStreet upgraded IAC/InterActiveCorp from a c+ rating to an a- rating in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $141.40.

Shares of IAC/InterActiveCorp (NASDAQ:IAC) traded down $0.34 on Friday, reaching $123.67. The company’s stock had a trading volume of 1,472,200 shares, compared to its average volume of 743,887. The firm has a market cap of $9,420.00, a P/E ratio of 99.21, a P/E/G ratio of 6.80 and a beta of 1.12. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 2.07. IAC/InterActiveCorp has a 12 month low of $64.50 and a 12 month high of $137.86.

IAC/InterActiveCorp (NASDAQ:IAC) last announced its quarterly earnings results on Wednesday, November 8th. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.14). The company 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%. IAC/InterActiveCorp’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.73 earnings per share. analysts predict that IAC/InterActiveCorp will post 2.19 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in IAC. Macquarie Group Ltd. purchased a new stake in shares of IAC/InterActiveCorp during the 2nd quarter valued at approximately $2,364,000. Leucadia National Corp purchased a new stake in shares of IAC/InterActiveCorp during the 2nd quarter valued at approximately $4,646,000. Renaissance Technologies LLC raised its position in shares of IAC/InterActiveCorp by 282.3% during the 1st quarter. Renaissance Technologies LLC now owns 174,727 shares of the company’s stock valued at $12,881,000 after buying an additional 129,027 shares during the period. Janus Capital Management LLC raised its position in shares of IAC/InterActiveCorp by 539.0% during the 1st quarter. Janus Capital Management LLC now owns 26,201 shares of the company’s stock valued at $1,931,000 after buying an additional 22,101 shares during the period. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of IAC/InterActiveCorp during the 2nd quarter valued at approximately $1,312,000. 91.44% of the stock is currently owned by institutional investors and hedge funds.

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.

Analyst Recommendations for IAC/InterActiveCorp (NASDAQ:IAC)

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