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Match Group (MTCH) Stock Price, News & Analysis

Match Group logo
$33.76 +2.12 (+6.70%)
(As of 12/20/2024 05:45 PM ET)

About Match Group Stock (NASDAQ:MTCH)

Key Stats

Today's Range
$31.56
$33.89
50-Day Range
$30.29
$38.62
52-Week Range
$27.66
$42.42
Volume
11.31 million shs
Average Volume
5.23 million shs
Market Capitalization
$8.48 billion
P/E Ratio
15.07
Dividend Yield
2.25%
Price Target
$37.68
Consensus Rating
Moderate Buy

Company Overview

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.

Match Group Stock Analysis - MarketRank™

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95th Percentile Overall Score

MTCH MarketRank™: 

Match Group scored higher than 95% of companies evaluated by MarketBeat, and ranked 19th out of 219 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Match Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 11 buy ratings, 12 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Match Group has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Match Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Match Group are expected to grow by 13.33% in the coming year, from $1.95 to $2.21 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Match Group is 15.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Match Group is 15.07, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 109.00.

  • Price to Earnings Growth Ratio

    Match Group has a PEG Ratio of 1.18. PEG Ratios above 1 indicate that a company could be overvalued.

  • Percentage of Shares Shorted

    7.88% of the float of Match Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Match Group has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in Match Group has recently increased by 26.20%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Match Group pays a meaningful dividend of 2.45%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Match Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Match Group is 33.93%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Match Group will have a dividend payout ratio of 34.39% next year. This indicates that Match Group will be able to sustain or increase its dividend.

  • Read more about Match Group's dividend.
  • Percentage of Shares Shorted

    7.88% of the float of Match Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Match Group has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in Match Group has recently increased by 26.20%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Match Group has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 54 news articles for Match Group this week, compared to 16 articles on an average week.
  • Search Interest

    Only 8 people have searched for MTCH on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.
  • MarketBeat Follows

    12 people have added Match Group to their MarketBeat watchlist in the last 30 days. This is an increase of 140% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Match Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $25,320.00 in company stock.

  • Percentage Held by Insiders

    Only 0.77% of the stock of Match Group is held by insiders.

  • Percentage Held by Institutions

    94.05% of the stock of Match Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Match Group's insider trading history.
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MTCH Stock News Headlines

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MTCH Stock Analysis - Frequently Asked Questions

Match Group's stock was trading at $36.50 at the beginning of 2024. Since then, MTCH stock has decreased by 7.5% and is now trading at $33.76.
View the best growth stocks for 2024 here
.

Match Group, Inc. (NASDAQ:MTCH) issued its quarterly earnings results on Tuesday, July, 30th. The technology company reported $0.48 earnings per share for the quarter, meeting the consensus estimate of $0.48. The business's quarterly revenue was up 4.2% on a year-over-year basis.

Match Group's board initiated a share repurchase plan on Wednesday, December 11th 2024, which permits the company to repurchase $1,500,000,000 in shares, according to EventVestor. This means that the company could purchase up to 19% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

Match Group subsidiaries include these companies: harmonica, Hinge, Affinity Apps LLC, Connect LLC, DatingDirect.com Limited, Delightful.com LLC, Eureka Inc., and others.

Match Group (MTCH) raised $433 million in an IPO 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 served as the underwriters for the IPO and Cowen and Company, Oppenheimer, PNC Capital Markets, SOCIETE GENERALE and Fifth Third Securities were co-managers.

Top institutional investors of Match Group include State Street Corp (6.85%), Starboard Value LP (3.71%), Geode Capital Management LLC (2.48%) and FMR LLC (2.15%). Insiders that own company stock include Bernard Jin Kim, Jared F Sine, Glenn Schiffman, Ann Mcdaniel, Stephen Bailey and Wendi Murdoch.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Match Group investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Tesla (TSLA) and Salesforce (CRM).

Company Calendar

Last Earnings
7/30/2024
Today
12/21/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 1/21 Dividend
1/06/2025
Dividend Payable
1/21/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$37.68
High Stock Price Target
$53.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+11.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
24 Analysts

Profitability

Net Income
$651.54 million
Pretax Margin
20.98%

Debt

Sales & Book Value

Annual Sales
$3.49 billion
Cash Flow
$3.04 per share
Book Value
($0.07) per share

Miscellaneous

Free Float
249,158,000
Market Cap
$8.48 billion
Optionable
Optionable
Beta
1.47

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This page (NASDAQ:MTCH) was last updated on 12/22/2024 by MarketBeat.com Staff
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