Added to YB: 2024-02-16
Pitch date: 2024-02-15
IAC [neutral]
IAC Inc.
-17.05%
current return
Author Info
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
$45.85
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
Sawbuckd Portfolio Holding - $IAC
IAC: Considered exiting but SOTP too compelling to ignore. Better valuation possible if 2024 continues 2023's momentum. Still believe in IAC's ability to create value, but optimal entry is post-spinoff (like my MTCH buy). Currently trades at perpetual discount amid dry spell w/o catalysts. Angi missteps may overshadow positives elsewhere.
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