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Added to YB: 2025-02-19

Pitch date: 2024-12-31

IAC [bullish]

IAC Inc.

+15.41%

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 media platforms and formats, such as People, Entertainment Weekly, People en Español, Allrecipes, Food & Wine, Simply Recipes, Serious Eats, EatingWell, The Spruce Eats, Liquor.

Market Cap

$3.4B

Pitch Price

$35.67

Price Target

N/A

Dividend

N/A

EV/EBITDA

14.33

P/E

-29.57

EV/Sales

1.72

Sector

Interactive Media and Services

Category

value

Show full summary:
Longleaf Partners Global Fund Portfolio Holding: IAC Inc.

IAC: Dotdash Meredith segment shows strong double-digit cash flow growth. Angi spin-off announced, may improve market perception. Focus shifts to high-quality assets like Dotdash Meredith and MGM. Care.com and Turo value recognition nears. Net cash balance sheet enables opportunistic moves. More capital allocation clarity expected post-Angi spin in 2025.

Read full article (1 min)