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Added to YB: 2024-08-27

Pitch date: 2024-08-16

IAC [bullish]

People Incorporated

-10.8%

current return

Author Info

No bio for this author

Company Info

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

Market Cap

$3.0B

Pitch Price

$42.17

Price Target

N/A

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:
FPA Queens Road Small Cap Value Fund Portfolio Holding: IAC Inc.

IAC: Holding co w/ history of successful digital biz spinoffs (Ticketmaster, Expedia, TripAdvisor, Match.com). Current portfolio: DotDash Meredith, Turo, Care.com, Vivian, 20% MGM, 84% ANGI. Sum-of-parts worth more than share price. Management focused on maximizing shareholder value through growth & spinoffs.

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