<- Go home

Added to YB: 2020-07-21

Pitch date: 2020-07-21

IAC [bullish]

People Incorporated

-46.53%

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

$70.36

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:
Maran Partners new position: InterActiveCorp (IAC)

IAC: Proven internet conglomerate at discount to NAV post-MTCH spin. $46/sh cash, $6.4B ANGI stake, $2B+ wholly owned biz (Vimeo, Dotdash, Care.com). Expects re-rating as investors focus on growth potential + further value creation via buybacks, spin-offs (ANGI), IPOs (Vimeo).

Read full article (2 min)