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Added to YB: 2024-03-07

Pitch date: 2024-03-04

IAC [bullish]

IAC Inc.

-10.6%

current return

Author Info

@CCM_Brett shares stock ideas on his Twitter account and Chit Chat Stocks podcast. Follow the podcast on Spotify/Apple.

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

$43.19

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

Show full summary:
Beyond the Numbers: Unveiling IAC Inc.'s True Worth

IAC: 64% drop vs QQQ's 43% up; undervalued at $4.89B MCAP. Net assets incl ANGI & MGM leave $1.17B. Assets: Dotdash Meredith $1.7B revenue, 20% margin ($340M earnings), Search $630M revenue, $50M OI, Care.com $375M & growth. Owns 31%+10% warrant in Turo, $1.17B value. Dotdash & Care.com at no cost, Turo IPO could boost.

Read full article (2 min)