Match Group, Inc provides dating products worldwide. It operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as other brands. Match Group, Inc offers its dating products through its applications and Websites in approximately 40 languages. The company was incorporated in 2009 and is headquartered in Dallas, Texas.
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Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone214-576-9352
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.05 billion
Profitability
Miscellaneous
Employees1,500
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable
Match Group (NASDAQ:MTCH) Frequently Asked Questions
What is Match Group's stock symbol?
Match Group trades on the NASDAQ under the ticker symbol "MTCH."
How were Match Group's earnings last quarter?
Match Group Inc (NASDAQ:MTCH) released its quarterly earnings data on Tuesday, February, 4th. The technology company reported $0.45 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.02. The technology company earned $547.17 million during the quarter, compared to analyst estimates of $552.85 million. Match Group had a net margin of 26.07% and a return on equity of 276.03%. Match Group's revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 earnings per share. View Match Group's Earnings History.
When is Match Group's next earnings date?
What price target have analysts set for MTCH?
18 equities research analysts have issued 12-month target prices for Match Group's shares. Their forecasts range from $66.00 to $104.00. On average, they expect Match Group's share price to reach $89.88 in the next year. This suggests a possible upside of 30.0% from the stock's current price. View Analyst Price Targets for Match Group.
What is the consensus analysts' recommendation for Match Group?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Match Group in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Match Group.
What are Wall Street analysts saying about Match Group stock?
Here are some recent quotes from research analysts about Match Group stock:
- 1. According to Zacks Investment Research, "Match Group reported stellar third-quarter results. Moreover, both earnings and revenues increased year over year. The company boasts of a robust portfolio of online dating services and enjoys a first mover’s advantage in the space. Increase in its average subscriber base, driven primarily by solid contribution from Tinder, is a key catalyst. Sturdy synergies from Meetic, Match, Hinge, OkCupid and PlentyOfFish buyouts bode well. Increasing adoption of Tinder Gold subscription package is enabling Match Group to bolster ARPU and subscriber growth. Launch of Tinder Lite amid growing Internet penetration in South-East Asia holds promise. Notably, shares of the company have outperformed the industry in the past year. However, higher investments in Tinder, and higher-than-expected data costs and professional fees might limit margin expansion." (11/12/2019)
- 2. SunTrust Banks, Inc. analysts commented, "We expect Tinder to once again print one of its best quarterly net adds ever, with further headroom to grow. Non-Tinder subs seem to have stabilized with legacy brands — Match and OkCupid, turning the corner given a bigger mktg push, while newer brands namely Harmonica are showing early promise. ST catalysts include pending divestiture from IAC and a buyback reload. MTCH’s 3Q19. For the last two quarters, Tinder has been the driving force behind the earnings beat by adding 503k and 384k net subscribers in 2Q19 and 1Q19, respectively. We believe 3Q19 is setting up to be another quarter with strong net adds (+450K) to build on the 5.2M aggregate Tinder subscribers reported last quarter." (9/5/2019)
- 3. Aegis analysts commented, "We had called for a MTCH spin from IAC in our predictions for the year (link) and IAC’s management essentially laid out the case, in our opinion, that MTCH, rather than ANGI, is likely to be the next spin (although we would not rule out a dual-spin). MTCH as a standalone company should see increased investor interest, particularly from investors with longer-term horizons, and MTCH could support the stock with increased share buybacks. We tweaked our 3Q19 and 4Q19 revenue estimates but left the full-year revenue unchanged. on page 2.2 AEGIS CAPITAL CORP. Our price target is $105 Valuation Methodology Our price target is based on a sum-of-the parts valuation on Ex-Match Adj." (9/4/2019)
Has Match Group been receiving favorable news coverage?
Media headlines about MTCH stock have been trending extremely negative on Monday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Match Group earned a news impact score of -5.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Match Group.
Who are some of Match Group's key competitors?
Some companies that are related to Match Group include Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Zoom Video Communications (ZM), Snap (SNAP), Yandex (YNDX), Trade Desk (TTD), Pinterest (PINS), Line (LN), FactSet Research Systems (FDS), Weibo (WB), 58.com (WUBA), InterXion (INXN), Stars Group (TSG) and GDS (GDS).
What other stocks do shareholders of Match Group own?
Who are Match Group's key executives?
Match Group's management team includes the folowing people:
- Ms. Amanda W. Ginsberg, CEO & Director (Age 50)
- Mr. Gary Swidler, Chief Financial Officer (Age 49)
- Mr. Jared F. Sine, Chief Legal Officer & Sec. (Age 40)
- Mr. Amarnath Thombre, Chief Exec. Officer of Match Group Americas (Age 46)
- Ms. Sharmistha Dubey, Pres (Age 48)
When did Match Group IPO?
(MTCH) raised $433 million in an 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 served as the underwriters for the IPO and Cowen and Company, Oppenheimer, PNC Capital Markets, SOCIETE GENERALE and Fifth Third Securities were co-managers.
Who are Match Group's major shareholders?
Match Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Sands Capital Management LLC (4.31%), FMR LLC (0.96%), Gladstone Capital Management LLP (0.52%), State Street Corp (0.39%), Renaissance Technologies LLC (0.32%) and Franklin Resources Inc. (0.28%). Company insiders that own Match Group stock include Amanda Ginsberg, Ann Mcdaniel, Gary Swidler, Gregory R Blatt, Jared F Sine, Philip D Eigenmann and Sharmistha Dubey. View Institutional Ownership Trends for Match Group.
Which institutional investors are selling Match Group stock?
MTCH stock was sold by a variety of institutional investors in the last quarter, including Aristeia Capital LLC, Renaissance Technologies LLC, Scopus Asset Management L.P., Lord Abbett & CO. LLC, Credit Suisse AG, First Trust Advisors LP, AQR Capital Management LLC and Panagora Asset Management Inc.. Company insiders that have sold Match Group company stock in the last year include Amanda Ginsberg, Ann Mcdaniel, Jared F Sine, Philip D Eigenmann and Sharmistha Dubey. View Insider Buying and Selling for Match Group.
Which institutional investors are buying Match Group stock?
MTCH stock was purchased by a variety of institutional investors in the last quarter, including Sands Capital Management LLC, Samlyn Capital LLC, State Street Corp, Cadian Capital Management LP, Gladstone Capital Management LLP, Sumitomo Mitsui Trust Holdings Inc., FMR LLC and Swiss National Bank. View Insider Buying and Selling for Match Group.
How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.
What is Match Group's stock price today?
One share of MTCH stock can currently be purchased for approximately $69.15.
How big of a company is Match Group?
Match Group has a market capitalization of $19.44 billion and generates $2.05 billion in revenue each year. The technology company earns $534.73 million in net income (profit) each year or $1.81 on an earnings per share basis. Match Group employs 1,500 workers across the globe.View Additional Information About Match Group.
What is Match Group's official website?
How can I contact Match Group?
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]
MarketBeat Community Rating for Match Group (NASDAQ MTCH)
MarketBeat's community ratings are surveys of what our community members think about Match Group and other stocks. Vote "Outperform" if you believe MTCH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTCH will underperform the S&P 500 over the long term. You may vote once every thirty days.
