Professional
Added to YB: 2024-09-23
Pitch date: 2024-09-11
IAC [bullish]
People Incorporated
-8.18%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
People Incorporated, together with its subsidiaries, operates as a media and internet company worldwide.
Market Cap
$3.0B
Pitch Price
$41.76
Price Target
225.00 (+487%)
Dividend
N/A
EV/EBITDA
15.48
P/E
6.94
EV/Sales
1.41
Sector
Interactive Media and Services
Category
value
Show full summary:
Azagala Capital Portfolio Holding: IAC Inc.
IAC: Undervalued at $52/share vs. $4.5B NAV (MGM $2.4B, ANGI $1.1B, $1B cash). DDM growing 12% YoY, $300M 2024 profit. Turo (32% stake) at $1.6B. MGM/ANGI buybacks. CEO incentives $110-$225/share. $1.7B cash for acquisitions. Catalysts: DDM growth, Turo IPO/sale, ANGI delisting, acquisitions.
Read full article (3 min)