NASDAQ:MTCH - Match Group Stock Price, Price Target & More

Match Group trades on the NASDAQ under the ticker symbol "MTCH."

Match Group announced that its board has approved a stock buyback plan on Sunday, June 4th 2017, which permits the company to buyback 6,000,000 shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

Match Group (NASDAQ:MTCH) released its quarterly earnings results on Tuesday, February, 6th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.14. The technology company had revenue of $379 million for the quarter, compared to analysts' expectations of $362.86 million. Match Group had a return on equity of 31.33% and a net margin of 26.31%. The firm's quarterly revenue was up 28.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 EPS. View Match Group's Earnings History.

Match Group is scheduled to release their next quarterly earnings announcement on Tuesday, May, 8th 2018. View Earnings Estimates for Match Group.

17 brokers have issued 1 year price objectives for Match Group's shares. Their predictions range from $25.00 to $50.00. On average, they expect Match Group's stock price to reach $38.7143 in the next year. View Analyst Ratings for Match Group.

Match Group saw a decline in short interest in April. As of April 13th, there was short interest totalling 27,850,168 shares, a decline of 4.5% from the March 30th total of 29,160,331 shares. Based on an average daily trading volume, of 1,652,706 shares, the days-to-cover ratio is currently 16.9 days. Approximately 56.8% of the shares of the stock are short sold.

Some companies that are related to Match Group include Red Hat Software (RHT), Weibo (WB), Twitter (TWTR), IHS Markit (INFO), Snap (SNAP), 58.com (WUBA), Yandex (YNDX), LINE (LN), FactSet (FDS), Sabre (SABR), TripAdvisor (TRIP), The Stars Group (TSG), Interxion (INXN), Wix.com (WIX) and Switch (SWCH).

(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 acted as the underwriters for the IPO and Cowen and Company, Oppenheimer, PNC Capital Markets, SOCIETE GENERALE and Fifth Third Securities were co-managers.

News articles about MTCH stock have trended positive on Thursday, Accern reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Match Group earned a daily sentiment score of 0.39 on Accern's scale. They also assigned news stories about the technology company an impact score of 47.17 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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

One share of MTCH stock can currently be purchased for approximately $46.74.

Match Group has a market capitalization of $12.42 billion and generates $1.33 billion in revenue each year. The technology company earns $350.14 million in net income (profit) each year or $0.52 on an earnings per share basis. Match Group employs 1,400 workers across the globe.

Match Group's mailing address is 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX, 75231. The technology company can be reached via phone at 214-576-9352 or via email at [email protected]