Added to YB: 2024-11-19
Pitch date: 2024-11-17
IAC [bullish]
IAC Inc.
+6.73%
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 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
$38.57
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
IAC Stock: The 10th Spin-Off On The Horizon
IAC: Undervalued holding co. at $47/share. Sum-of-parts: 21.8% MGM ($2.4B), 85.3% ANGI (spin-off in 2025), $1.1B cash. Unlisted assets worth $46/share: Dotdash Meredith ($2.2B), Turo (32%, ~$1B), Care ($500M). Catalysts: ANGI spin-off, Turo IPO/exit. Patience required, but significant upside potential.
Read full article (8 min)