IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC/InterActiveCorp. The company is headquartered in New York, New York.

IAC Inc.

Although IAC Inc. IAC has played a major role in acquiring, developing, and scaling several successful businesses, its stock has been on a continued downturn in recent years.
Unfortunately, despite being viable businesses, many of IAC’s spinoffs have had very lackluster stock performances as well, as the multi-sector conglomerate has failed to capitalize on its goal to unlock shareholder value following their independence.
Profitability Concerns & Declining EPS Revisions
Cutting to the chase and pinpointing investors' concerns, IAC is still expected to post an adjusted loss of -$2.23 a share in fiscal 2025. While IAC’s portfolio has seen strength from its digital printing businesses, such as Dotdash Meridith and the Daily Boost, its medical subsidiary, Care.com, has faced both product and marketing challenges that have affected the bottom line.
Diluting optimism, IAC is projected to post EPS of $1.33 next year, but estimates have dropped over 30% in the last 60 days from projections of $1.96. This comes as FY25 EPS estimates have fallen from a much narrower than expected adjusted loss of -$1.04 two months ago.
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IAC Struggles to Unlock Shareholder Value
Having a long-standing plan to incubate promising digital businesses, scale them, and then launch them independently to unlock shareholder value, it’s noteworthy that this strategy hasn’t worked out for IAC of late.
To that point, IAC stock and its recent spinoffs, Match Group MTCH, Vimeo VMEO, and ANGI inc. ANGI have all fallen 40% or more in the last three years.
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More perplexing is that IAC’s top-line growth was not that overwhelming before establishing its more successful subsidiaries as stand-alone companies, seeing a peak of $5.2 billion in annual sales over the last five years.
This begs the question of whether IAC really capitalized on its efforts and will be able to efficiently capitalize on lower operating costs going forward, as annual sales are expected to drop another 35% this year to $2.48 billion.
Image Source: Zacks Investment Research
Bottom Line
Quite frankly, it's still hard to see how IAC stock could be positioned for a rebound, even with strong assets like Dotdash Meridith and a healthy balance sheet. This may buy the company time and hopefully strengthen its long-term prospects at some point, but for now, more short-term risk is likely ahead for IAC shares.
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Bear of the Day: IAC Inc (IAC)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Tuesday, shares of IAC Inc (Symbol: IAC) entered into oversold territory, hitting an RSI reading of 25.6, after changing hands as low as $37.76 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 39.7. A bullish investor could look at IAC's 25.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of IAC shares:
Looking at the chart above, IAC's low point in its 52 week range is $37.76 per share, with $58.2891 as the 52 week high point — that compares with a last trade of $39.30.
Find out what 9 other oversold stocks you need to know about »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IAC Enters Oversold Territory

The following are today's upgrades for Validea's Book/Market Investor model based on the published strategy of Joseph Piotroski. This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria.
IAC INC (IAC) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on Joseph Piotroski changed from 70% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: IAC Inc. is engaged in building companies. The Company's segments include Dotdash Meredith, Angi Inc., Search, and Emerging & Other. Its Dotdash Meredith segment consists of its digital and print businesses. Through these digital businesses, it provides original and engaging digital content in a variety of formats, including articles, illustrations, videos, and images. Its print business publishes approximately 17 magazines, as well as more than 400 special interest publications. Its Angi Inc. segment includes three segments: Ads and Leads, Services, and International (Europe and Canada). Its Search segment consists of Ask Media Group, a collection of websites providing general search services and information, and a Desktop business, which includes direct-to-consumer downloadable desktop applications and business-to-business partnership operations. Its Emerging & Other segment includes Care.com, Mosaic Group, Vivian Health, The Daily Beast, IAC Films, and Bluecrew.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
BOOK/MARKET RATIO:
PASS
RETURN ON ASSETS:
PASS
CHANGE IN RETURN ON ASSETS:
PASS
CASH FLOW FROM OPERATIONS:
PASS
CASH COMPARED TO NET INCOME:
PASS
CHANGE IN LONG TERM DEBT/ASSETS
PASS
CHANGE IN CURRENT RATIO:
PASS
CHANGE IN SHARES OUTSTANDING:
PASS
CHANGE IN GROSS MARGIN:
PASS
CHANGE IN ASSET TURNOVER:
FAIL
Detailed Analysis of IAC INC
IAC Guru Analysis
IAC Fundamental Analysis
Joseph Piotroski Portfolio
About Joseph Piotroski: Piotroski isn't your typical Wall Street big shot. In fact, he's not even a professional investor. He's a good old numbers-crunching accountant and college professor. But in 2000, shortly after he started teaching at the University of Chicago's Graduate School of Business, Piotroski published a groundbreaking paper in the Journal of Accounting Research entitled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers". In it, Piotroski laid out an accounting-based stock-selection/shorting method that produced a 23 percent average annual back-tested return from 1976 through 1996 -- more than double the S&P 500's gain during that time. Piotroski's findings were reported in major financial publiations like SmartMoney. Today, he teaches accounting at Stanford University's Graduate School of Business.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Joseph Piotroski Strategy Daily Upgrade Report - 2/12/2025

Crypto Enthusiasm Continues

The following companies are expected to report earnings after hours on 11/11/2024. Visit our Earnings Calendar for a full list of expected earnings releases.
Grab Holdings Limited (GRAB)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 1 analyst that follows the stock is $0.00. GRAB reported earnings of $-0.02 per share for the same quarter a year ago; representing a a decrease of -100.00%.IAC Inc. (IAC)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 4 analysts that follow the stock is $-0.20. IAC reported earnings of $-0.3 per share for the same quarter a year ago; representing a a decrease of -33.33%.DoubleDown Interactive Co., Ltd. (DDI)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 3 analysts that follow the stock is $0.55. DDI reported earnings of $0.54 per share for the same quarter a year ago; representing a a increase of 1.85%.Crescent Capital BDC, Inc. (CCAP)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 3 analysts that follow the stock is $0.57. CCAP reported earnings of $0.59 per share for the same quarter a year ago; representing a a decrease of -3.39%.Mineralys Therapeutics, Inc. (MLYS)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 3 analysts that follow the stock is $-0.83. MLYS reported earnings of $-0.57 per share for the same quarter a year ago; representing a a increase of 45.61%. The "days to cover" for this stock exceeds 10 days.Bioceres Crop Solutions Corp. (BIOX)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 3 analysts that follow the stock is $0.02. BIOX reported earnings of $-0.07 per share for the same quarter a year ago; representing a a decrease of -128.57%.Luminar Technologies, Inc. (LAZR)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.22. LAZR reported earnings of $-0.33 per share for the same quarter a year ago; representing a a decrease of -33.33%.James River Group Holdings, Ltd. (JRVR)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 1 analyst that follows the stock is $0.66. JRVR reported earnings of $0.48 per share for the same quarter a year ago; representing a a increase of 37.50%.Angi Inc. (ANGI)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 2 analysts that follow the stock is $0.00. ANGI reported earnings of $-0.01 per share for the same quarter a year ago; representing a a decrease of -100.00%. The "days to cover" for this stock exceeds 26 days.QuickLogic Corporation (QUIK)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.10. QUIK reported earnings of $0.08 per share for the same quarter a year ago; representing a a decrease of -225.00%. The "days to cover" for this stock exceeds 13 days.Assertio Holdings, Inc. (ASRT)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.05. ASRT reported earnings of $-0.01 per share for the same quarter a year ago; representing a a increase of 400.00%. The "days to cover" for this stock exceeds 15 days.Beyond Air, Inc. (XAIR)is reporting for the quarter ending September 30, 2024. The consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.30. XAIR reported earnings of $-0.51 per share for the same quarter a year ago; representing a a decrease of -41.18%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After-Hours Earnings Report for November 11, 2024 : GRAB, IAC, DDI, CCAP, MLYS, BIOX, LAZR, JRVR, ANGI, QUIK, ASRT, XAIR

In trading on Friday, shares of Iac Inc (Symbol: IAC) crossed below their 200 day moving average of $51.31, changing hands as low as $51.05 per share. Iac Inc shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of IAC shares, versus its 200 day moving average:
Looking at the chart above, IAC's low point in its 52 week range is $41.39 per share, with $58.2891 as the 52 week high point — that compares with a last trade of $51.15.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
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ZEN Price Target
Funds Holding AGOL
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

IAC Makes Notable Cross Below Critical Moving Average

Dallas, Texas-based Match Group, Inc. (MTCH) is a leading player in the online dating industry, with a market cap of $10 billion, and operates a diverse portfolio of over 45 brands. The company focuses on enhancing user connections through innovative dating products available in more than 40 languages globally.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Match Group fits this criterion perfectly. Match Group is renowned for its extensive portfolio of dating brands that cater to diverse demographics, facilitating meaningful connections through innovative features while prioritizing user privacy and data security.
Despite experiencing a 10.9% decline from its 52-week high of $42.42 reached in September last year, the Tinder parent company has shown resilience, with its shares gaining 24.2% over the past three months. This performance significantly outpaces the Communication Services Select Sector SPDR ETF Fund (XLC), which rose 4.1% during the same period.
However, in the longer term, MTCH's shares have risen 3.6% on a YTD basis, lagging behind XLC's 23.9% surge. Over the past 52 weeks, Match Group has dipped 5.4%, contrasting with XLC's 38% return over the same period.
But, since July, MTCH has traded mostly above both its 50-day and 200-day moving averages, suggesting a bullish price trend.
Shares of Match Group surged 13.2% following its Q2 earnings release on Jul. 30 as the company reported stronger-than-expected revenue of $864.1 million. Additionally, the decline in paying users for Tinder was less severe than anticipated, indicating signs of stabilization in user engagement. Furthermore, the announcement of plans to cut 6% of its workforce and discontinue live-streaming services was seen as a strategic move to streamline operations in response to pressure from activist investors.
Nevertheless, in comparison, rival IAC Inc. (IAC) has outperformed MTCH, gaining 4.4% on a YTD basis and 9.8% over the past 52 weeks.
Despite MTCH's underperformance over the past year, analysts are moderately optimistic about the stock's prospects. The stock has a consensus rating of “Moderate Buy” from the 25 analysts covering it, and it is currently trading below the mean price target of $43.30.
More Stock Market News from Barchart
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

How Is Match Group's Stock Performance Compared to Other Communication Services Stocks?

Below is Validea's guru fundamental report for IAC INC (IAC). Of the 22 guru strategies we follow, IAC rates highest using our Book/Market Investor model based on the published strategy of Joseph Piotroski. This value-quant strategy screens for high book-to-market stocks, and then separates out financially sound firms by looking at a host of improving financial criteria.
IAC INC (IAC) is a mid-cap growth stock in the Business Services industry. The rating using this strategy is 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
BOOK/MARKET RATIO:
PASS
RETURN ON ASSETS:
PASS
CHANGE IN RETURN ON ASSETS:
PASS
CASH FLOW FROM OPERATIONS:
PASS
CASH COMPARED TO NET INCOME:
FAIL
CHANGE IN LONG TERM DEBT/ASSETS
PASS
CHANGE IN CURRENT RATIO:
FAIL
CHANGE IN SHARES OUTSTANDING:
PASS
CHANGE IN GROSS MARGIN:
PASS
CHANGE IN ASSET TURNOVER:
FAIL
Detailed Analysis of IAC INC
IAC Guru Analysis
IAC Fundamental Analysis
More Information on Joseph Piotroski
Joseph Piotroski Portfolio
About Joseph Piotroski: Piotroski isn't your typical Wall Street big shot. In fact, he's not even a professional investor. He's a good old numbers-crunching accountant and college professor. But in 2000, shortly after he started teaching at the University of Chicago's Graduate School of Business, Piotroski published a groundbreaking paper in the Journal of Accounting Research entitled "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers". In it, Piotroski laid out an accounting-based stock-selection/shorting method that produced a 23 percent average annual back-tested return from 1976 through 1996 -- more than double the S&P 500's gain during that time. Piotroski's findings were reported in major financial publiations like SmartMoney. Today, he teaches accounting at Stanford University's Graduate School of Business.
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About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Guru Fundamental Report for IAC

Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.9%.
In corporate news, PDD's (PDD) shares plunged 29%. The company's Q2 revenue increased year over year but fell short of market estimates, while it expects competition and external challenges to impact its future results.
Elliott Investment Management said Monday that it intends to meet with Southwest Airlines (LUV) representatives on Sept. 9 to discuss leadership changes. Southwest shares were shedding 0.6%.
IAC's (IAC) Care.com agreed to pay $8.5 million to settle allegations it engaged in deceptive advertising to entice people to pay for subscriptions to its platform, the US Federal Trade Commission said Monday. IAC shares were adding 0.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Sector Update: Consumer Stocks Mixed in Afternoon Trading

IAC (IAC) reported $949.53 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 14.6%. EPS of $0.01 for the same period compares to -$0.76 a year ago.
The reported revenue represents a surprise of +1.17% over the Zacks Consensus Estimate of $938.59 million. With the consensus EPS estimate being -$0.32, the EPS surprise was +103.13%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how IAC performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Dotdash Meredith
: $425.20 million versus $422 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change.
Revenue- Angi Inc
: $315.10 million compared to the $301.75 million average estimate based on three analysts. The reported number represents a change of -16% year over year.
Revenue- Search
: $101.80 million compared to the $110.10 million average estimate based on three analysts. The reported number represents a change of -42.5% year over year.
Revenue- Emerging & Other
: $107.50 million versus $101.39 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -27.3% change.
Revenue- Dotdash Meredith- Print Revenue
: $191.70 million versus $188.65 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -7.3% change.
Revenue- Dotdash Meredith- Digital Revenue
: $238.10 million compared to the $236.88 million average estimate based on three analysts. The reported number represents a change of +12.3% year over year.
Revenue- Search- Desktop
: $17.50 million versus $18.08 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -11.2% change.
Revenue- Search- Ask Media Group
: $84.30 million compared to the $121.91 million average estimate based on two analysts. The reported number represents a change of -46.4% year over year.
Revenue- Intersegment eliminations
: -$0.10 million versus the two-analyst average estimate of -$0.69 million. The reported number represents a year-over-year change of -95.8%.
Adjusted EBITDA- Angi Inc
: $42.20 million compared to the $32.60 million average estimate based on three analysts.
Adjusted EBITDA- Dotdash Meredith
: $66.40 million compared to the $56.94 million average estimate based on three analysts.
Adjusted EBITDA- Corporate
: -$22.20 million versus -$23.58 million estimated by three analysts on average.
View all Key Company Metrics for IAC here>>>
Shares of IAC have returned -3.3% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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IAC Inc. (IAC) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.