Professional
Added to YB: 2024-04-01
Pitch date: 2024-03-28
IAC [bullish]
IAC Inc.
-6.75%
current return
Author Info
Symmetry Invest is a portfolio that focuses on Small- and Mid-cap stocks primarily in Europe and the USA. The long-term objective is to deliver the highest possible growth in net asset value per share at the lowest possible risk. Visit their website.
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
$44.15
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
Symmetry Invest A/S Portfolio Holding: IAC Inc.
IAC: Dot-dash Meredith +10% Q4 growth, +10% 2024 guide. Angi profitable, Turo & MGM at new heights. Undervalued: MGM+Angi alone worth current price. Other assets like $300M EBITDA DDM are 'free'. Levin sees IAC 'back on track' after tough 2022.
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