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Added to YB: 2024-03-25

Pitch date: 2024-03-24

IAC [bullish]

People Incorporated

-11.75%

current return

Author Info

Company Info

People Incorporated, together with its subsidiaries, operates as a media and internet company worldwide.

Market Cap

$3.0B

Pitch Price

$42.63

Price Target

91.93 (+140%)

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:
IAC Stock: Bargain or Value Trap?

IAC: Holding co trading 70% below highs. Sum-of-parts: 19.8% MGM stake ($2.9B), 83.9% ANGI ($1.1B). Restructuring ANGI for profitability. Pvt assets (Dotdash, Turo, Care) worth $3.5B. 77% upside to $94 fair value w/ buybacks. Mkt ignoring quality but re-rating can happen fast.

Read full article (7 min)