NASDAQ:MTCH

Match Group (MTCH) Stock Price, News & Analysis

$29.82
-1.69 (-5.36%)
(As of 05/8/2024 ET)
Today's Range
$27.66
$30.20
50-Day Range
$30.82
$36.28
52-Week Range
$27.66
$49.24
Volume
20.55 million shs
Average Volume
5.80 million shs
Market Capitalization
$7.99 billion
P/E Ratio
13.08
Dividend Yield
N/A
Price Target
$42.82

Match Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
43.6% Upside
$42.82 Price Target
Short Interest
Bearish
5.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.15
Upright™ Environmental Score
News Sentiment
0.31mentions of Match Group in the last 14 days
Based on 36 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.74%
From $2.16 to $2.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Retail/Wholesale Sector

8th out of 204 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

1st out of 58 stocks

MTCH stock logo

About Match Group Stock (NASDAQ:MTCH)

Match Group, Inc. engages in the provision of dating products. Its portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and Hakuna, as well as a various other brands, each built to increase users' likelihood of connecting with others. Its services are available in over 40 languages to users worldwide. The company was incorporated in 1986 and is based in Dallas, Texas.

MTCH Stock Price History

MTCH Stock News Headlines

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Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Q1 2024 Match Group Inc Earnings Call
Why Match Group (MTCH) Shares Are Sliding Today
Exposed: 10 CENT Crypto to Explode May 20th?
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Match Group (NASDAQ:MTCH) Price Target Cut to $46.00
Match Group: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/09/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:MTCH
Employees
2,620
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$42.82
High Stock Price Target
$60.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+43.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
16 Analysts

Profitability

Net Income
$651.54 million
Pretax Margin
23.09%

Debt

Sales & Book Value

Annual Sales
$3.36 billion
Cash Flow
$2.64 per share
Book Value
($0.07) per share

Miscellaneous

Free Float
266,082,000
Market Cap
$7.99 billion
Optionable
Optionable
Beta
1.43

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MTCH Stock Analysis - Frequently Asked Questions

Should I buy or sell Match Group stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Match Group in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MTCH shares.
View MTCH analyst ratings
or view top-rated stocks.

What is Match Group's stock price target for 2024?

16 brokerages have issued 1 year target prices for Match Group's stock. Their MTCH share price targets range from $32.00 to $60.00. On average, they expect the company's share price to reach $42.82 in the next twelve months. This suggests a possible upside of 43.6% from the stock's current price.
View analysts price targets for MTCH
or view top-rated stocks among Wall Street analysts.

How have MTCH shares performed in 2024?

Match Group's stock was trading at $36.50 at the beginning of the year. Since then, MTCH shares have decreased by 18.3% and is now trading at $29.82.
View the best growth stocks for 2024 here
.

When is Match Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our MTCH earnings forecast
.

How were Match Group's earnings last quarter?

Match Group, Inc. (NASDAQ:MTCH) posted its quarterly earnings results on Tuesday, May, 7th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. The technology company earned $860 million during the quarter, compared to analysts' expectations of $855.77 million. Match Group had a negative trailing twelve-month return on equity of 313.95% and a net margin of 19.36%. Match Group's revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm posted $0.42 EPS.

What guidance has Match Group issued on next quarter's earnings?

Match Group updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.6 billion-$3.6 billion, compared to the consensus revenue estimate of $3.6 billion.

What is Mandy Ginsberg's approval rating as Match Group's CEO?

44 employees have rated Match Group Chief Executive Officer Mandy Ginsberg on Glassdoor.com. Mandy Ginsberg has an approval rating of 91% among the company's employees. This puts Mandy Ginsberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Match Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Match Group investors own include NVIDIA (NVDA), Shopify (SHOP), Netflix (NFLX), Alibaba Group (BABA), Walt Disney (DIS), Block (SQ), PayPal (PYPL), Tesla (TSLA), Trade Desk (TTD) and Salesforce (CRM).

When did Match Group IPO?

Match Group (MTCH) raised $433 million in an initial public offering on Thursday, November 19th 2015. The company issued 33,300,000 shares at $12.00-$14.00 per share. J.P. Morgan, Allen & Company, BofA Merrill Lynch, Deutsche Bank Securities, BMO Capital Markets, Barclays and BNP PARIBAS acted as the underwriters for the IPO and Cowen and Company, Oppenheimer, PNC Capital Markets, SOCIETE GENERALE and Fifth Third Securities were co-managers.

Who are Match Group's major shareholders?

Match Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Edmond DE Rothschild Holding S.A. (1.52%), Scharf Investments LLC (0.55%), Nordea Investment Management AB (0.47%), Swiss National Bank (0.30%), Flossbach Von Storch AG (0.26%) and Sumitomo Mitsui Trust Holdings Inc. (0.21%). Insiders that own company stock include Ann Mcdaniel, Bernard Jin Kim, Glenn Schiffman, Jared F Sine, Joseph Levin, Philip D Eigenmann and Wendi Murdoch.
View institutional ownership trends
.

How do I buy shares of Match Group?

Shares of MTCH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Match Group have any subsidiaries?
The following companies are subsidiares of Match Group: Affinity Apps LLC, Connect LLC, DatingDirect.com Limited, Delightful.com LLC, Eureka Inc., Eureka SG Pte. Ltd., Eureka Taiwan, Five Star Matchmaking Information Technology (Beijing) Co. Ltd., FriendScout24 GmbH, Hinge, Hinge Inc., HowAboutWe LLC, Humor Rainbow Inc., M8 Singlesnet LLC, MG France Services, MG Korea Services Limited, MG Services Alpha LLC, MG Services Beta LLC, MM LatAm LLC, MTCH Technology Services Limited, Mash Dating LLC, Massive Media (UK) Ltd., Massive Media Europe NV, Massive Media Match NV, Match Group Europe Limited, Match Group LLC, Match Internet Financial Services Designated Activity Company, Match ProfilePro LLC, Match.com Europe Limited, Match.com Events LLC, Match.com Foreign Holdings II Limited, Match.com Foreign Holdings III Limited, Match.com Foreign Holdings Limited, Match.com Global Investments S.à r.l., Match.com Global Services Limited, Match.com HK Limited, Match.com International Holdings Inc., Match.com International II Limited, Match.com International Limited, Match.com Investments Inc., Match.com Japan KK, Match.com Japan Networks GK, Match.com LatAm Limited, Match.com Luxembourg S.à r.l., Match.com Nordic AB, Match.com Offshore Holdings Ltd, Match.com Pegasus Limited, Matchcom Mexico S. de R.L. de C.V., Meetic Espana SLU, Meetic Italia SRL, Meetic Netherlands BV, Meetic SAS, Mojo Acquisition Corp., Mojo Finance Co., Nexus Limited, Parperfeito Comunicacao SA, People Media Inc., People Media LLC, Plentyoffish Media LLC, Plentyoffish Media ULC, Pretty Fun Therapy SAS, Search Floor Inc., Shoptouch Inc., SpeedDate.com LLC, Spotlight Studios LLC, TPR/Tutor Holdings LLC, Tinder Development LLC, Tinder LLC, harmonica, and neu.de GmbH.
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This page (NASDAQ:MTCH) was last updated on 5/9/2024 by MarketBeat.com Staff

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