Piper Sandler's Thomas Champion values IAC's assets at $68 a share, 20% above current level, suggesting the stock is undervalued. He believes IAC's strategy of asset trading could spur further growth.
Analysts downgrade IAC Inc.'s revenue estimates for next year, implying potential underperformance compared to the wider industry. The consensus price target suggests no major changes in the business's intrinsic value.
CEO Joey Levin is satisfied with the company's performance, noting a stronger than expected year-end. He suggests that IAC's market capitalization equal to its cash and holdings implies the rest of the business is undervalued.
The company's debt usage is worrisome due to its negative EBIT and falling revenue. Its balance sheet is weak, making it a risky investment. However, it's believed that IAC could raise sufficient capital if needed.
IAC's high beta indicates future volatility; its price could drop or rise. Negative growth outlook adds risk, and current valuation suggests limited upside. Near-term growth is not a buy driver. Uncertainty surrounds the best time to acquire IAC shares.
Sure, HFs actively trade around positions and what you see might not be completely relevant. But it's a way to find interesting companies and ideas that you otherwise wouldn't have found. A thread on this week's major HF 13-F filings ... 1/ Pershing Square Capital Bill Ackman wasn't fairly active this quarter. His only move: • Adding 16.70% to Howard Hughes$The Howard Hughes(HHC.US)$ 2/ Chuck Akre: Akre Capital Management Akre's fund made a ton of moves this past quart...
IACに関するコメント
Gap Ups
1. $アゼンタ インク(AZTA.US)$ - up 14.9%
2. $トースト(TOST.US)$ - up 12.1%
3. $セルシウス ホールディングス(CELH.US)$ - up 9.6%
4. $アクソン エンタープライズ(AXON.US)$ - up 9.2%
5. $マルケタ(MQ.US)$ - up 7.6%
6. $アカマイ テクノロジーズ(AKAM.US)$ - up 6.1%
7. $クーパン A(CPNG.US)$ - up 5.8%
8. $ペン エンターテイメント(PENN.US)$ - up 5.3%
9...
They increased Amazon and JD.com while reducing Quest Diagnostics.
The top three positions are Meta Platforms, Berkshire Hathaway, and Wells Fargo, and they add up to ~25% of the portfolio.
Stake Increases:
$アルファベット C(GOOG.US)$ $アルファベット A(GOOGL.US)$
$アマゾン ドット コム(AMZN.US)$
$ヴィアトリス(VTRS.US)$
$テック リソーシズ B(TECK.US)$ $JD.COM(京東商城)(JD.US)$ $クーパン A(CPNG.US)$ $ホリシス オートメーション テクノロジーズ(HOLI.US)$ $IAC(IAC.US)$ : These s...
But it's a way to find interesting companies and ideas that you otherwise wouldn't have found.
A thread on this week's major HF 13-F filings ...
1/ Pershing Square Capital
Bill Ackman wasn't fairly active this quarter.
His only move:
• Adding 16.70% to Howard Hughes $The Howard Hughes(HHC.US)$
2/ Chuck Akre: Akre Capital Management
Akre's fund made a ton of moves this past quart...
まだコメントはありません