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 of Directors has initiated a stock repurchase program on Sunday, June 4th 2017, which allows the company to repurchase 6,000,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Match Group (NASDAQ:MTCH) issued its quarterly earnings results on Tuesday, May, 8th. The technology company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 29.86% and a return on equity of 39.06%. The company's quarterly revenue was up 36.3% on a year-over-year basis. During the same quarter in the previous year, the firm 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 Wall Street analysts have issued 12-month price objectives for Match Group's stock. Their forecasts range from $21.00 to $48.00. On average, they expect 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 April. As of April 30th, there was short interest totalling 26,942,912 shares, an increase of 3.3% from the April 13th total of 27,850,168 shares. Based on an average trading volume of 1,340,425 shares, the short-interest ratio is currently 20.1 days. Approximately 55.5% of the company's stock are short sold.

Some companies that are related to Match Group include Red Hat Software (RHT), Twitter (TWTR), Weibo (WB), IHS Markit (INFO), Snap (SNAP), 58.com (WUBA), Yandex (YNDX), LINE (LN), FactSet (FDS), TripAdvisor (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 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 articles about MTCH stock have trended somewhat positive recently, Accern reports. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Match Group earned a coverage optimism score of 0.02 on Accern's scale. They also assigned news stories about the technology company an impact score of 43.77 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Match Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 $41.24.

Match Group has a market capitalization of $11.08 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]