Professional
Added to YB: 2025-02-19
Pitch date: 2024-12-31
IAC [bullish]
People Incorporated
+5.46%
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
$35.67
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
Longleaf Partners Global Fund Portfolio Holding: IAC Inc.
IAC: Dotdash Meredith segment shows strong double-digit cash flow growth. Angi spin-off announced, may improve market perception. Focus shifts to high-quality assets like Dotdash Meredith and MGM. Care.com and Turo value recognition nears. Net cash balance sheet enables opportunistic moves. More capital allocation clarity expected post-Angi spin in 2025.
Read full article (1 min)