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 stock repurchase plan on Sunday, June 4th 2017, which allows the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are undervalued.

Match Group Inc (NASDAQ:MTCH) released its quarterly earnings data on Tuesday, May, 8th. The technology company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 return on equity of 39.06% and a net margin of 29.86%. The company's revenue was up 36.3% compared to the same quarter last year. During the same period in the prior year, the business posted $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 brokerages have issued 1 year target prices for Match Group's shares. Their forecasts range from $25.00 to $50.00. On average, they expect Match Group's share price to reach $40.2143 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Ratings for Match Group.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Match Group in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Match Group saw a increase in short interest in the month of June. As of June 29th, there was short interest totalling 25,512,118 shares, an increase of 4.3% from the June 15th total of 26,663,475 shares. Based on an average trading volume of 2,222,552 shares, the days-to-cover ratio is presently 11.5 days. Approximately 50.7% of the shares of the stock are sold short. View Match Group's Current Options Chain.

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

News articles about MTCH stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million blog and news 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 news sentiment score of 0.10 on Accern's scale. They also assigned media headlines about the technology company an impact score of 46.32 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Match Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include NN Investment Partners Holdings N.V. (0.47%), Scout Investments Inc. (0.13%), Empowered Funds LLC (0.01%), Cornerstone Wealth Management LLC (0.01%), Amalgamated Bank (0.00%) and Guild Investment Management Inc. (0.00%). 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 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 NN Investment Partners Holdings N.V., Cornerstone Wealth Management LLC, Empowered Funds LLC, Guild Investment Management Inc., Amalgamated Bank and State of Alaska Department of Revenue. 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 $38.35.

Match Group has a market capitalization of $10.62 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]