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$0.38 EPS Expected for IAC/InterActiveCorp (IAC); Tremblant Capital Group Has Boosted Viacom New (VIAB) Stake

IAC/InterActiveCorp (NASDAQ:IAC) Logo

Tremblant Capital Group increased Viacom Inc New (VIAB) stake by 3473.82% reported in 2017Q4 SEC filing. Tremblant Capital Group acquired 4.39M shares as Viacom Inc New (VIAB)’s stock declined 4.65%. The Tremblant Capital Group holds 4.52M shares with $139.29 million value, up from 126,500 last quarter. Viacom Inc New now has $12.87B valuation. The stock decreased 0.22% or $0.07 during the last trading session, reaching $31.39. About 62,953 shares traded. Viacom, Inc. (NASDAQ:VIAB) has declined 30.65% since April 17, 2017 and is downtrending. It has underperformed by 42.20% the S&P500.

Analysts expect IAC/InterActiveCorp (NASDAQ:IAC) to report $0.38 EPS on May, 2.They anticipate $0.33 EPS change or 660.00% from last quarter’s $0.05 EPS. IAC’s profit would be $31.41 million giving it 105.77 P/E if the $0.38 EPS is correct. After having $0.76 EPS previously, IAC/InterActiveCorp’s analysts see -50.00% EPS growth. The stock increased 1.35% or $2.135 during the last trading session, reaching $160.765. About 16,769 shares traded. IAC/InterActiveCorp (NASDAQ:IAC) has risen 113.15% since April 17, 2017 and is uptrending. It has outperformed by 101.60% the S&P500.

Among 16 analysts covering InterActiveCorp (NASDAQ:IAC), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. InterActiveCorp had 25 analyst reports since February 4, 2016 according to SRatingsIntel. Benchmark maintained IAC/InterActiveCorp (NASDAQ:IAC) rating on Friday, February 3. Benchmark has “Buy” rating and $95 target. The rating was maintained by Barclays Capital on Thursday, February 4 with “Overweight”. The rating was upgraded by Wells Fargo on Tuesday, September 20 to “Outperform”. Stifel Nicolaus upgraded the shares of IAC in report on Friday, February 12 to “Buy” rating. Oppenheimer maintained IAC/InterActiveCorp (NASDAQ:IAC) on Thursday, February 4 with “Outperform” rating. The rating was maintained by UBS with “Buy” on Thursday, February 4. JP Morgan initiated IAC/InterActiveCorp (NASDAQ:IAC) on Tuesday, October 11 with “Overweight” rating. The firm has “Outperform” rating by Credit Suisse given on Wednesday, January 11. The rating was maintained by Aegis Capital on Wednesday, February 8 with “Buy”. The rating was initiated by BMO Capital Markets with “Outperform” on Tuesday, June 7.

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet firm in the United States and internationally. The company has market cap of $13.29 billion. It operates through six divisions: Match Group, HomeAdvisor, Video, Applications, Publishing, and Other. It has a 50.54 P/E ratio. The Match Group segment provides dating products, which enables a user to establish a profile and review other peopleÂ’s profiles in 42 languages; and non-dating services, including educational test preparation, academic tutoring, and college counseling services.

Among 39 analysts covering Viacom Inc. (NASDAQ:VIAB), 13 have Buy rating, 0 Sell and 26 Hold. Therefore 33% are positive. Viacom Inc. had 135 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Viacom, Inc. (NASDAQ:VIAB) has “Hold” rating given on Monday, February 12 by Deutsche Bank. The firm earned “Neutral” rating on Monday, April 4 by MoffetNathanson. Bank of America upgraded Viacom, Inc. (NASDAQ:VIAB) rating on Thursday, October 13. Bank of America has “Buy” rating and $44 target. Guggenheim maintained the stock with “Hold” rating in Thursday, February 8 report. Credit Suisse maintained Viacom, Inc. (NASDAQ:VIAB) on Wednesday, November 1 with “Buy” rating. The rating was upgraded by Macquarie Research to “Neutral” on Wednesday, February 28. Macquarie Research maintained Viacom, Inc. (NASDAQ:VIAB) on Thursday, September 22 with “Neutral” rating. The firm has “Hold” rating given on Friday, August 7 by Topeka Capital Markets. The stock of Viacom, Inc. (NASDAQ:VIAB) has “Buy” rating given on Friday, October 21 by Wunderlich. The rating was downgraded by Brean Capital to “Hold” on Monday, November 14.

Tremblant Capital Group decreased Tesla Inc (Put) (NASDAQ:TSLA) stake by 37,100 shares to 31,600 valued at $9.84M in 2017Q4. It also reduced Red Hat Inc (Call) (NYSE:RHT) stake by 242,900 shares and now owns 473,600 shares. Mondelez Intl Inc (Call) (NASDAQ:MDLZ) was reduced too.

IAC/InterActiveCorp (NASDAQ:IAC) Institutional Positions Chart

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