Added to YB: 2024-08-27
Pitch date: 2024-08-16
IAC [bullish]
IAC Inc.
-9.82%
current return
Author Info
No bio for this author
Company Info
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; and magazines related to women and lifestyle under the People, Better Homes & Gardens, Verywell, FOOD & WINE, The Spruce, allrecipes, BYRDIE, REAL SIMPLE, Investopedia, and Southern Living brands.
Market Cap
$2.9B
Pitch Price
$42.17
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.19
P/E
-6.28
EV/Sales
0.90
Sector
Interactive Media and Services
Category
value
FPA Queens Road Small Cap Value Fund Portfolio Holding: IAC Inc.
IAC: Holding co w/ history of successful digital biz spinoffs (Ticketmaster, Expedia, TripAdvisor, Match.com). Current portfolio: DotDash Meredith, Turo, Care.com, Vivian, 20% MGM, 84% ANGI. Sum-of-parts worth more than share price. Management focused on maximizing shareholder value through growth & spinoffs.
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