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 authorized a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

Match Group (NASDAQ:MTCH) announced its earnings results on Tuesday, May, 8th. The technology company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.03. The technology company earned $407.40 million during the quarter, compared to analyst estimates of $384.81 million. Match Group had a net margin of 29.86% and a return on equity of 39.06%. The business's revenue for the quarter was up 36.3% on a year-over-year basis. During the same period last year, the business posted $0.12 earnings per share. View Match Group's Earnings History.

Match Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Match Group.

17 analysts have issued 1-year target prices for Match Group's stock. Their predictions range from $21.00 to $48.00. On average, they anticipate Match Group's share price to reach $38.1429 in the next twelve months. View Analyst Ratings for Match Group.

Match Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 25,828,852 shares, an increase of 4.1% from the April 30th total of 26,942,912 shares. Based on an average trading volume of 7,910,752 shares, the days-to-cover ratio is currently 3.3 days. Currently, 53.9% of the shares of the company are sold short.

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

(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.

Media stories about MTCH stock have trended somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Match Group earned a daily sentiment score of 0.24 on Accern's scale. They also gave news coverage about the technology company an impact score of 47.10 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Match Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (1.35%), JPMorgan Chase & Co. (1.23%), Wells Fargo & Company MN (0.81%), Whale Rock Capital Management LLC (0.70%), BlackRock Inc. (0.65%) and Schroder Investment Management Group (0.58%). Company insiders that own Match Group stock include Amarnath Thombre, Ann Mcdaniel, Gary Swidler, Gregory R Blatt, Jared F Sine, Jeffrey Dawson, Philip D Eigenmann, Sam Yagan and Sharmistha Dubey. View Institutional Ownership Trends for Match Group.

MTCH stock was sold by a variety of institutional investors in the last quarter, including Jericho Capital Asset Management L.P., black and white Capital LP, Global Thematic Partners LLC, Wells Fargo & Company MN, Russell Investments Group Ltd., Schroder Investment Management Group, JPMorgan Chase & Co. and Scout Investments Inc.. Company insiders that have sold Match Group company stock in the last year include Ann Mcdaniel, Gary Swidler, Gregory R Blatt, Jared F Sine, Philip D Eigenmann, Sam Yagan and Sharmistha Dubey. View Insider Buying and Selling for Match Group.

MTCH stock was bought by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, American Century Companies Inc., Northern Trust Corp, Franklin Resources Inc., Massachusetts Financial Services Co. MA, Carillon Tower Advisers Inc., Hancock Holding Co. and Kiwi Wealth Investments Limited Partnership. View Insider Buying and Selling for Match Group.

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 $41.84.

Match Group has a market capitalization of $11.43 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]