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

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

Match Group declared that its Board of Directors has initiated a share repurchase 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 purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

Match Group Inc (NASDAQ:MTCH) posted its quarterly earnings data on Tuesday, May, 8th. The technology company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.03. The technology company earned $407.40 million during the quarter, compared to the consensus estimate of $384.81 million. Match Group had a return on equity of 39.06% and a net margin of 29.86%. The business's revenue for the quarter was up 36.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 EPS. 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 brokers have issued 12 month target prices for Match Group's stock. Their forecasts range from $25.00 to $50.00. On average, they anticipate Match Group's stock price to reach $40.2143 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 31st, there was short interest totalling 25,986,363 shares, an increase of 0.6% from the May 15th total of 25,828,852 shares. Based on an average daily volume of 2,045,124 shares, the days-to-cover ratio is currently 12.7 days. Currently, 51.4% of the company's stock are short sold.

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

(MTCH) raised $433 million in an initial public offering (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 served as the underwriters for the IPO and Cowen and Company, Oppenheimer, PNC Capital Markets, SOCIETE GENERALE and Fifth Third Securities were co-managers.

News stories about MTCH stock have been trending somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Match Group earned a coverage optimism score of 0.09 on Accern's scale. They also assigned headlines about the technology company an impact score of 46.07 out of 100, indicating that recent news 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 number 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 $43.88.

Match Group has a market capitalization of $11.90 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]