IAC/InterActiveCorp. (NASDAQ:IAC) gasping for breath?

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Shares of IAC/InterActiveCorp (NASDAQ:IAC) are currently poised at 3.72% from the open today and are trading at $98.53. More than 1,716,916 shares have exchanged hands compared to an average trading volume of 661.15K. At the current pps, the market cap stands at $6.68B. The stock prices of IAC/InterActiveCorp (NASDAQ:IAC) are currently trading at 16.80% below its 52 week high and 112.58% above its 52 week low.

IAC/InterActiveCorp (NASDAQ:IAC) has been in the news for all the right reasons.

Investors are always looking for stocks that are poised to beat at earnings season and IAC/InterActiveCorp IAC may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.

IAC/InterActiveCorp (NASDAQ:IAC) is all set to announce its earnings on May 03/a. As per Zack’s analyst ratings, IAC/InterActiveCorp (NASDAQ:IAC) currently has an average brokerage rating of 1.29. On a scale of 1 to 5, a rating of 1 or 2 would indicate a buy, and a rating of 4 or 5 would signify a sell recommendation. A rating of 3 would indicate a hold on the stock. The consensus target price on (NASDAQ:IAC) is $83.285 with a high of $94 and a low of $70.

Let’s take a look at the technical analysis.

The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is in the Top 1%. Long term indicators fully support a continuation of the trend. The market is in highly overbought territory. Beware of a trend reversal.

The Exponential Moving Average (EMA) is similar to a simple moving average (average price over a set period) but it utilizes a weighting factor that exponentially declines from the most recent data point (recent prices are weighted higher than oil prices). EMA analysis compares the short term (5 days and 13 days), intermediate term (20 days) and long term (50 days) EMA’s. The respective EMA’s will give bullish signals when trading above trailing EMA’s and below the current price and vice versa. EMA alerts include crossovers (i.e the 5 day EMA crosses above/below the 20 day EMA) and EMA convergencies (5 day EMA equivalent to 13 day EMA). The long term and short term EMA’s of 82.41 and 75.68 are lower than the current trading price suggesting a bullish pattern in both short term as well as long term.

The relative strength index (RSI) is a momentum oscillator that is able to measure the velocity and magnitude of stock price changes. Momentum is calculated as the ratio of positive price changes to negative price changes. The RSI analysis compares the current RSI against neutral(50), oversold (30) and overbought (70) conditions. Alerts will inform you when stocks recede from oversold/overbought levels or breakthrough neutral (50). The current RSI is 87.19 suggesting a bullish price action.

As such, while we believe IAC/InterActiveCorp (NASDAQ:IAC) represents a compelling growth story exposed to several secularly attractive markets, it would be interesting to see how it fairs for long-term investors.

IAC is a leading media and Internet company. It is organized into four segments: The Match Group, which consists of dating, education and fitness businesses with brands such as Match.com, OkCupid, Tinder, The Princeton Review and DailyBurn; Search & Applications, which includes brands such as About.com, Ask.com, Dictionary.com and Investopedia; Media, which consists of businesses such as Vimeo, Electus, The Daily Beast and CollegeHumor; and eCommerce, which includes HomeAdvisor and ShoeBuy. IAC’s brands and products are among the most recognized in the world reaching users in over 200 countries. The Company is headquartered in New York City and has offices worldwide.

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