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Match Group (MTCH)
NASDAQ:MTCH
Match Group (MTCH) Stock Price & Analysis
2,964 Followers
MTCH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.66 - $49.24
Previous Close$29.34
Volume3.51M
Average Volume (3M)5.00M
Market Cap
$7.79B
Enterprise Value$10.77B
Total Cash (Recent Filing)$868.64M
Total Debt (Recent Filing)$3.84B
Price to Earnings (P/E)12.8
Beta1.65
Next Earnings
Jul 30, 2024EPS Estimate
$0.48Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.30
Shares Outstanding265,668,115
10 Day Avg. Volume4,664,655
30 Day Avg. Volume5,004,446
Standard Deviation0.13
R-Squared0.27
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-3.09
Price to Sales (P/S)2.45
Price to Cash Flow (P/CF)7.50
P/FCF Ratio6.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.20
Enterprise Value/Gross Profit4.47
Enterprise Value/Ebitda14.30
Forecast
1Y Price Target
$38.24Price Target Upside29.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering21
Match Group News
PremiumCompany Announcements
Match Group Shareholders Support Governance and Incentives
PremiumCompany Announcements
Wendi Murdoch to Exit Match Group’s Board of Directors
Bulls Say, Bears Say
Bulls Say
EarningsHinge continues to be a bright spot for the business, with revenue growing ahead of expectations at 49% y/y ex-fx and Payers growing 31% y/y.
Market PositionMTCH is well positioned as the clear leader in online dating, with an estimated ~50% share of global dating users across its portfolio of brands.
Strategic InitiativesThe addition of two well respected consumer Internet product and marketing leaders to MTCH board is expected to positively influence the Tinder turnaround through product/marketing innovation.
Bears Say
Guidance Below ExpectationsMatch Group's 2Q guidance was well below expectations, and the FY24 revenue forecast was reduced due to ongoing weak trends at Tinder.
Product And Innovation IssuesWeaker results largely stem from product and innovation issues that have lagged for years at Tinder under prior management.
Revenue DeclineTinder's revenue outlook was lowered due to declines in monthly active users (MAU) and a-la-carte revenue pressure.
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Ownership Overview
1.25% Insiders
45.53% Mutual Funds
49.22% Other Institutional Investors
4.00% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Match Group
Desktop Users
Mobile Users
MTCH FAQ
What was Match Group’s price range in the past 12 months?
Match Group lowest stock price was $27.66 and its highest was $49.24 in the past 12 months.
What is Match Group’s market cap?
Currently, no data Available
When is Match Group’s upcoming earnings report date?
Match Group’s upcoming earnings report date is Jul 30, 2024 which is in 27 days.
How were Match Group’s earnings last quarter?
Match Group released its earnings results on May 07, 2024. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.408 by $0.032.
Is Match Group overvalued?
According to Wall Street analysts Match Group’s price is currently Undervalued.
Does Match Group pay dividends?
Match Group does not currently pay dividends.
What is Match Group’s EPS estimate?
Match Group’s EPS estimate is $0.48.
How many shares outstanding does Match Group have?
Match Group has 265,668,120 shares outstanding.
What happened to Match Group’s price movement after its last earnings report?
Match Group reported an EPS of $0.44 in its last earnings report, beating expectations of $0.408. Following the earnings report the stock price went down -5.363%.
Which hedge fund is a major shareholder of Match Group?
Among the largest hedge funds holding Match Group’s share is Elliott Investment Management LP. It holds Match Group’s shares valued at 150M.
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Match Group Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$38.24 (29.85% Upside)
$38.24 (29.85% Upside)
Blogger Sentiment
Bullish
MTCH Sentiment 95%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 3.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.89%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
4.75%
Trailing 12-Months
Company Description
Match Group
Texas-based Match Group is an online dating service company and provides dating products worldwide. The company has a vast portfolio of online dating services including Tinder, Match.com, OkCupid, PlentyOfFish, Meetic, among other brands.
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MTCH Earnings Call
Q1 2024
0:00 / 0:00
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MTCH Stock 12 Month Forecast
Average Price Target
$38.24
▲(29.85% Upside)
Technical Analysis
Best Analysts Covering MTCH
1 Year
1 Year Success Rate
2/15 ratings generated profit
1 Year Average Return
-19.73%
assigned a buy rating last month
Copying Justin Patterson's trades and holding each position for 1 Year would result in 13.33% of your transactions generating a profit, with an average return of -19.73% per trade.
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