NASDAQ:MTCH

Match Group (MTCH) Stock Forecast, Price & News

$39.17

-0.30 (-0.76%)

(As of 09/29/2023 ET)

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Today's Range: $39.01
▼
$40.77
50-Day Range: $39.18
▼
$46.87
52-Week Range: $30.73
▼
$54.60

Volume: 3.91 million shs
Average Volume: 3.76 million shs
Market Capitalization: $10.89 billion

P/E Ratio: 23.89
Dividend Yield: N/A
Price Target: $58.05

Match Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.74 Rating Score
Upside/Downside: 48.2% Upside
$58.05 Price Target
Short Interest: Healthy
3.96% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.15
Upright™ Environmental Score
News Sentiment: 0.78
Based on 10 Articles This Week
Insider Trading: Selling Shares
$467,703 Sold Last Quarter
Proj. Earnings Growth: 21.21%
From $1.98 to $2.40 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.32 out of 5 stars

Retail/Wholesale Sector

3rd out of 213 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

2nd out of 60 stocks

4.4

Analyst's Opinion

Consensus Rating
Match Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.74, and is based on 17 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $58.05, Match Group has a forecasted upside of 48.2% from its current price of $39.18.
Amount of Analyst Coverage
Match Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
3.96% of the outstanding shares of Match Group have been sold short.
Short Interest Ratio / Days to Cover
Match Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Match Group has recently increased by 2.13%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Match Group does not currently pay a dividend.
Dividend Growth
Match Group does not have a long track record of dividend growth.

4.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Match Group has received a 68.63% net impact score from Upright. The largest positive contribution comes from its "Relationships" impact, which is false driven by its "Online dating platforms" product. See details.
Environmental Sustainability
The Environmental Impact score for Match Group is -0.15.

2.7

News and Social Media Coverage

News Sentiment
Match Group has a news sentiment score of 0.78. 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 higher news sentiment than the 0.60 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Match Group this week, compared to 10 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 -43% 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 50% compared to the previous 30 days.

2.5

Company Ownership

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 $467,703.00 in company stock.
Percentage Held by Insiders
Only 0.72% of the stock of Match Group is held by insiders.
Percentage Held by Institutions
93.56% of the stock of Match Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Match Group are expected to grow by 21.21% in the coming year, from $1.98 to $2.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Match Group is 23.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Match Group is 23.89, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.11.
Price to Earnings Growth Ratio
Match Group has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.

See Top Rated MarketRank™ Stocks Here

About Match Group (NASDAQ:MTCH) Stock

Match Group, Inc. provides dating products worldwide. The company's portfolio of brands includes Tinder, Match, The League, Azar, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and Hakuna, as well as a various other brands. The company was incorporated in 1986 and is based in Dallas, Texas.

MTCH Price History

30 days | 90 days | 365 days | Advanced Chart

MTCH Stock News Headlines

September 27, 2023 | americanbankingnews.com

Match Group (NASDAQ:MTCH) Now Covered by Analysts at HSBC

September 26, 2023 | markets.businessinsider.com

What 9 Analyst Ratings Have To Say About Match Group

October 1, 2023 | Legacy Research (Ad)

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September 25, 2023 | finance.yahoo.com

The 1% of Tinder: Dating app launches a $500-per-month option for elite users

September 25, 2023 | finance.yahoo.com

Match Group's (MTCH) Tinder Unveils $500 Monthly Subscription

September 25, 2023 | markets.businessinsider.com

Piper Sandler Sticks to Their Buy Rating for Match Group (MTCH)

September 22, 2023 | finance.yahoo.com

Tinder Offers $500-a-Month Subscription to Its Most Active Users

September 21, 2023 | finance.yahoo.com

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October 1, 2023 | Altimetry (Ad)

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The next major selloff could be just days away…And seven powerful (yet completely unknown) insiders will be behind it all – and help corporate executives make a killing as it plays out. Here’s the full story.

September 21, 2023 | msn.com

Match Group: Tinder Payers Net Add Should Start To Turn Positive

September 21, 2023 | finance.yahoo.com

25 Best Cities for Singles over 50

September 19, 2023 | finance.yahoo.com

Plenty of Fish Finds Singles Embracing Their Cringe

September 17, 2023 | finance.yahoo.com

MTCH Sep 2023 20.000 put

September 15, 2023 | msn.com

Stock Index Futures Mixed as Investors Look Ahead to Fed Decision, UAW Walkout in Focus

September 14, 2023 | nasdaq.com

Is Match Group Stock a Coiled Spring Ready to Explode Higher?

September 14, 2023 | benzinga.com

Looking At Match Group's Recent Unusual Options Activity

September 13, 2023 | ca.investing.com

Match Group a top pick at JPMorgan, sees several potential positive catalysts

September 13, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Braze (BRZE), Unity Software (U) and Match Group (MTCH)

September 13, 2023 | msn.com

Match Group becomes J.P. Morgan top pick as 'pendulum swung too far'

September 12, 2023 | msn.com

3 Great U.S. Companies to Invest in Right Now

September 12, 2023 | finance.yahoo.com

Hinge Releases a 'Distraction-Free Dating' Guide to Spark More Quality Time on Dates

September 8, 2023 | finance.yahoo.com

Investing in Match Group (MTCH): Navigating the Thin Line Between Value and Trap

September 8, 2023 | nytimes.com

Protest Stops U.S. Open Semifinal Match

September 7, 2023 | insidebitcoins.com

Bitcoin Entrepreneur Returns with Another Bitcoin SV (BSV) Blockchain Innovation: Can it Match VC Spectra?

September 5, 2023 | seekingalpha.com

Match Group: Swiping Left On Important Metrics

September 2, 2023 | usatoday.com

Why Coco Gauff vs. Caroline Wozniacki is the must-see match of the US Open

August 31, 2023 | baystreet.ca

Why I’m Still in Love with Match Stock

See More Headlines

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MTCH Company Calendar

Last Earnings: 8/01/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/07/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:MTCH
CUSIP: N/A
CIK: 1575189
Web: www.mtch.com
Phone: (214) 576-9352
Fax: 212-314-7309
Employees: 2,720
Year Founded: 1995

Price Target and Rating

Average Stock Price Forecast: $58.05
High Stock Price Forecast: $97.00
Low Stock Price Forecast: $38.00
Forecasted Upside/Downside: +48.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.74
Research Coverage: 23 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.64
Trailing P/E Ratio: 23.89
Forward P/E Ratio: 19.79
P/E Growth: 0.71
Net Income: $361.95 million
Net Margins: 14.68%
Pretax Margin: 18.21%
Return on Equity: -121.94%
Return on Assets: 11.50%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.11
Quick Ratio: 2.11

Sales & Book Value

Annual Sales: $3.19 billion
Price / Sales: 3.42
Cash Flow: $2.75 per share
Price / Cash Flow: 14.26
Book Value: ($1.28) per share
Price / Book: -30.61

Miscellaneous

Outstanding Shares: 278,090,000
Free Float: 276,085,000
Market Cap: $10.89 billion
Optionable: Optionable
Beta: 1.36

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Key Executives

Mr. Bernard J. Kim (Age 47)
CEO & Director
Comp: $3.01M

Mr. Gary Swidler (Age 53)
Pres & CFO
Comp: $2.69M

Mr. Philip D. Eigenmann CPA (Age 53)
Chief Accounting Officer
Comp: $615k

Mr. Jared F. Sine (Age 44)
Chief Bus. Affairs & Legal Officer and Sec.
Comp: $935k

Mr. Sam Ahn
Co-Founder & Chief Innovation Officer of Match Group Asia

Mr. Will Wu
Chief Technology Officer

Mr. William Archer
Sr. VP and Head of Corp. Devel. & Investor Relations

Ms. Justine Sacco
Chief Communications Officer

Mr. D.V. Williams
Chief People Officer

Ms. Joanne Hawkins (Age 62)
Sr. VP & Deputy Gen. Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MTCH Stock - Frequently Asked Questions

Should I buy or sell Match Group stock right now?: 23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Match Group in the last twelve months. There are currently 6 hold ratings and 17 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 forecast for 2023?: 23 equities research analysts have issued 12 month target prices for Match Group's shares. Their MTCH share price forecasts range from $38.00 to $97.00. On average, they anticipate the company's stock price to reach $58.05 in the next year. This suggests a possible upside of 48.2% 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 2023?: Match Group's stock was trading at $41.49 on January 1st, 2023. Since then, MTCH stock has decreased by 5.6% and is now trading at $39.1750.
View the best growth stocks for 2023 here.
When is Match Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
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, August, 1st. The technology company reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.03. The technology company had revenue of $830 million for the quarter, compared to the consensus estimate of $811.55 million. Match Group had a negative trailing twelve-month return on equity of 121.94% and a net margin of 14.68%. The company's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.70 earnings per share.
What ETFs hold Match Group's stock?: ETFs with the largest weight of Match Group (NASDAQ:MTCH) stock in their portfolio include Global X Social Media Index ETF (SOCL), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), SPDR S&P Internet ETF (XWEB), FMC Excelsior Focus Equity ETF (FMCX), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), iShares Virtual Work and Life Multisector ETF (IWFH) and Fidelity Disruptive Communications ETF (FDCF).
What guidance has Match Group issued on next quarter's earnings?: Match Group issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $875.00 million-$885.00 million, compared to the consensus revenue estimate of $863.37 million.
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?: (MTCH) raised $433 million in an initial public offering (IPO) on Thursday, November 19th 2015. The company issued 33,300,000 shares at a price of $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.
What is Match Group's stock symbol?: Match Group trades on the NASDAQ under the ticker symbol "MTCH."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Match Group's stock price today?: One share of MTCH stock can currently be purchased for approximately $39.18.
How much money does Match Group make?: Match Group (NASDAQ:MTCH) has a market capitalization of $10.89 billion and generates $3.19 billion in revenue each year. The technology company earns $361.95 million in net income (profit) each year or $1.64 on an earnings per share basis.
How many employees does Match Group have?: The company employs 2,720 workers across the globe.
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.
Read More
How can I contact Match Group?: Match Group's mailing address is 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX, 75231. The official website for the company is www.mtch.com. The technology company can be reached via phone at (214) 576-9352, via email at ir@match.com, or via fax at 212-314-7309.

This page (NASDAQ:MTCH) was last updated on 10/1/2023 by MarketBeat.com Staff

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