IAC/InterActiveCorp (NASDAQ:IAC)‘s stock had its “buy” rating restated by equities researchers at Jefferies Group LLC in a research report issued to clients and investors on Wednesday.

A number of other research analysts have also weighed in on the stock. Bank of America Corporation reissued a “buy” rating and set a $133.00 price target on shares of IAC/InterActiveCorp in a research report on Wednesday, June 14th. Benchmark Co. raised their price target on shares of IAC/InterActiveCorp from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, September 21st. Cowen and Company reissued a “buy” rating and set a $115.00 price target on shares of IAC/InterActiveCorp in a research report on Sunday, July 30th. Guggenheim reissued a “buy” rating and set a $130.00 price target (up from $120.00) on shares of IAC/InterActiveCorp in a research report on Monday, September 18th. Finally, Wells Fargo & Company reissued a “buy” rating on shares of IAC/InterActiveCorp in a research report on Thursday, August 3rd. Two equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $123.05.

Shares of IAC/InterActiveCorp (NASDAQ IAC) traded up 2.84% during midday trading on Wednesday, reaching $125.95. 641,588 shares of the company’s stock traded hands. The stock has a market cap of $10.05 billion, a P/E ratio of 45.01 and a beta of 1.14. IAC/InterActiveCorp has a 12 month low of $60.39 and a 12 month high of $126.38. The stock has a 50 day moving average of $114.63 and a 200-day moving average of $101.82.

IAC/InterActiveCorp (NASDAQ:IAC) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.24. IAC/InterActiveCorp had a net margin of 7.66% and a return on equity of 9.16%. The company had revenue of $767.39 million for the quarter, compared to analyst estimates of $758.01 million. During the same period last year, the firm earned $0.42 earnings per share. The firm’s revenue was up 2.9% on a year-over-year basis. On average, equities research analysts forecast that IAC/InterActiveCorp will post $3.07 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Comerica Bank raised its position in shares of IAC/InterActiveCorp by 0.7% in the first quarter. Comerica Bank now owns 3,269 shares of the company’s stock valued at $272,000 after purchasing an additional 23 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of IAC/InterActiveCorp by 0.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,676 shares of the company’s stock valued at $689,000 after purchasing an additional 25 shares during the period. US Bancorp DE raised its position in shares of IAC/InterActiveCorp by 0.6% in the second quarter. US Bancorp DE now owns 5,261 shares of the company’s stock valued at $543,000 after purchasing an additional 30 shares during the period. Dynamic Technology Lab Private Ltd raised its position in shares of IAC/InterActiveCorp by 1.9% in the second quarter. Dynamic Technology Lab Private Ltd now owns 5,620 shares of the company’s stock valued at $581,000 after purchasing an additional 104 shares during the period. Finally, Keybank National Association OH raised its position in shares of IAC/InterActiveCorp by 1.7% in the second quarter. Keybank National Association OH now owns 8,987 shares of the company’s stock valued at $928,000 after purchasing an additional 150 shares during the period. 85.19% of the stock is currently owned by institutional investors.

IAC/InterActiveCorp Company Profile

IAC/InterActiveCorp (IAC) is a media and Internet company. The Company’s brands include HomeAdvisor, Vimeo, Dictionary.com and Match Group’s online dating portfolio, which includes Tinder, PlentyOfFish and OkCupid. Its segments include Match Group, HomeAdvisor, Video, Applications and Publishing. Match Group includes the dating and non-dating businesses of Match Group, Inc HomeAdvisor is a home services digital marketplace that helps connect consumers with home professionals in North America, as well as in France, the Netherlands and Italy under various brands.

Analyst Recommendations for IAC/InterActiveCorp (NASDAQ:IAC)

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