Added to YB: 2024-03-25
Pitch date: 2024-03-24
IAC [bullish]
IAC Inc.
-10.78%
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
$42.63
Price Target
91.93 (+138%)
Dividend
N/A
EV/EBITDA
9.19
P/E
-6.28
EV/Sales
0.90
Sector
Interactive Media and Services
Category
value
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)