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 has authorized a stock repurchase program on Sunday, June 4th 2017, which permits the company to repurchase 6,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.

Match Group (NASDAQ:MTCH) posted its quarterly earnings data on Tuesday, February, 6th. The technology company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.14. The technology company had revenue of $379 million for the quarter, compared to analyst estimates of $362.86 million. Match Group had a return on equity of 31.33% and a net margin of 26.31%. The firm's quarterly revenue was up 28.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.29 EPS. View Match Group's Earnings History.

Match Group is scheduled to release their next quarterly earnings announcement on Wednesday, May, 9th 2018. View Earnings Estimates for Match Group.

17 analysts have issued 1-year price objectives for Match Group's stock. Their forecasts range from $25.00 to $50.00. On average, they anticipate Match Group's share price to reach $38.7143 in the next twelve months. View Analyst Ratings for Match Group.

Match Group saw a increase in short interest in March. As of March 29th, there was short interest totalling 29,160,331 shares, an increase of 2.5% from the March 15th total of 28,454,568 shares. Based on an average daily trading volume, of 1,890,129 shares, the days-to-cover ratio is presently 15.4 days. Currently, 59.5% of the shares of the company are sold short.

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

(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 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 coverage about MTCH stock has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than twenty 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 news impact score of 0.08 on Accern's scale. They also assigned media headlines about the technology company an impact score of 45.75 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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 $46.41.

Match Group has a market capitalization of $12.81 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]