IAC/InterActiveCorp (NASDAQ:IAC)‘s stock had its “buy” rating reiterated by analysts at Oppenheimer Holdings, Inc. in a note issued to investors on Thursday. They presently have a $141.00 price objective on the stock. Oppenheimer Holdings, Inc.’s target price indicates a potential upside of 15.17% from the company’s previous close.

Several other analysts also recently issued reports on IAC. Susquehanna Bancshares Inc restated a “positive” rating and issued a $140.00 price target (up from $114.00) on shares of IAC/InterActiveCorp in a research note on Wednesday, August 9th. Guggenheim restated a “buy” rating and issued a $135.00 price target (up from $130.00) on shares of IAC/InterActiveCorp in a research note on Tuesday. UBS AG restated a “buy” rating and issued a $126.00 price target (up from $115.00) on shares of IAC/InterActiveCorp in a research note on Friday, August 4th. Wells Fargo & Company restated a “buy” rating on shares of IAC/InterActiveCorp in a research note on Thursday, August 3rd. Finally, Jefferies Group LLC restated a “buy” rating and issued a $135.00 price target (up from $120.00) on shares of IAC/InterActiveCorp in a research note on Wednesday, August 9th. Two investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $115.68.

IAC/InterActiveCorp (NASDAQ:IAC) traded down 0.77% during midday trading on Thursday, hitting $121.49. The stock had a trading volume of 443,585 shares. The firm has a 50-day moving average price of $112.67 and a 200-day moving average price of $100.19. The firm has a market capitalization of $9.69 billion, a price-to-earnings ratio of 43.42 and a beta of 1.14. IAC/InterActiveCorp has a 1-year low of $60.39 and a 1-year high of $123.49.

IAC/InterActiveCorp (NASDAQ:IAC) last posted its earnings results on Wednesday, August 2nd. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.24. The business had revenue of $767.39 million for the quarter, compared to analyst estimates of $758.01 million. IAC/InterActiveCorp had a return on equity of 9.16% and a net margin of 7.66%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.42 EPS. On average, equities research analysts anticipate that IAC/InterActiveCorp will post $3.07 earnings per share for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of IAC. Comerica Bank increased its position in IAC/InterActiveCorp by 0.7% in the first quarter. Comerica Bank now owns 3,269 shares of the company’s stock worth $272,000 after buying an additional 23 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of IAC/InterActiveCorp by 0.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,676 shares of the company’s stock worth $689,000 after acquiring an additional 25 shares during the period. US Bancorp DE boosted its holdings in shares of IAC/InterActiveCorp by 0.6% in the second quarter. US Bancorp DE now owns 5,261 shares of the company’s stock worth $543,000 after acquiring an additional 30 shares during the period. Dynamic Technology Lab Private Ltd boosted its holdings in shares of IAC/InterActiveCorp by 1.9% in the second quarter. Dynamic Technology Lab Private Ltd now owns 5,620 shares of the company’s stock worth $581,000 after acquiring an additional 104 shares during the period. Finally, Keybank National Association OH boosted its holdings in shares of IAC/InterActiveCorp by 1.7% in the second quarter. Keybank National Association OH now owns 8,987 shares of the company’s stock worth $928,000 after acquiring an additional 150 shares during the period. 85.19% of the stock is owned by institutional investors.

About IAC/InterActiveCorp

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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