NASDAQ:MTCH

Match Group - MTCH Stock Forecast, Price & News

$67.78

+1.25 (+1.88%)

(As of 08/5/2022 08:49 PM ET)

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Today's Range: $64.71
▼
$67.92
50-Day Range: $63.24
▼
$84.64
52-Week Range: $59.15
▼
$182.00

Volume: 3.53 million shs
Average Volume: 3.17 million shs
Market Capitalization: $19.36 billion

P/E Ratio: 211.82
Dividend Yield: N/A
Price Target: $98.86

Match Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 45.9% Upside
$98.86 Price Target
Short Interest: Healthy
2.97% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.15
Upright™ Environmental Score
News Sentiment: -0.11
Based on 72 Articles This Week
Insider Trading: Acquiring Shares
$1.02 M Bought Last Quarter
Proj. Earnings Growth: 11.41%
From $2.63 to $2.93 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.32 out of 5 stars

Retail/Wholesale Sector

1st out of 262 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

1st out of 85 stocks

4.4

Analyst's Opinion

Consensus Rating
Match Group has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 16 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $98.86, Match Group has a forecasted upside of 45.9% from its current price of $67.78.
Amount of Analyst Coverage
Match Group has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.97% of the outstanding shares of Match Group have been sold short.
Short Interest Ratio / Days to Cover
Match Group has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Match Group has recently decreased by 14.16%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Match Group does not currently pay a dividend.
Dividend Growth
Match Group does not have a long track record of dividend growth.

4.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Match Group has received a 68.63% net impact score from Upright. The largest positive contribution comes from its "Relationships" impact, which is false driven by its "Online dating platforms" product. See details.
Environmental Sustainability
The Environmental Impact score for Match Group is -0.15.

2.2

News and Social Media Coverage

News Sentiment
Match Group has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.26 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 72 news articles for Match Group this week, compared to 7 articles on an average week.
Search Interest
20 people have searched for MTCH on MarketBeat in the last 30 days. This is an increase of 82% compared to the previous 30 days.
MarketBeat Follows
10 people have added Match Group to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Match Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,017,280.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Match Group is held by insiders.
Percentage Held by Institutions
96.11% of the stock of Match Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Match Group are expected to grow by 11.41% in the coming year, from $2.63 to $2.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Match Group is 211.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 138.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Match Group is 211.82, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 35.09.
Price to Earnings Growth Ratio
Match Group has a PEG Ratio of 0.62. PEG Ratios below 1 indicate that a company could be undervalued.

See Top Rated MarketRank™ Stocks Here

About Match Group (NASDAQ:MTCH) Stock

Match Group, Inc. provides dating products worldwide. The company's portfolio of brands includes Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and OurTime, as well as a various other brands. The company was incorporated in 1986 and is based in Dallas, Texas.

Match Group Trading Up 1.9 %

Match Group stock traded up $1.25 during mid-day trading on Friday, hitting $67.78. 3,531,111 shares of the company's stock were exchanged, compared to its average volume of 3,509,997. The stock has a market cap of $19.36 billion, a P/E ratio of 211.82, a P/E/G ratio of 0.62 and a beta of 1.15. Match Group has a 1-year low of $59.15 and a 1-year high of $182.00. The stock has a 50 day moving average of $73.31 and a two-hundred day moving average of $88.58.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MTCH shares. Royal Bank of Canada decreased their price target on Match Group from $150.00 to $115.00 in a research note on Thursday, May 5th. Wedbush decreased their price target on Match Group from $130.00 to $98.00 in a research note on Thursday, May 5th. Morgan Stanley decreased their price target on Match Group from $150.00 to $100.00 and set an "overweight" rating for the company in a research note on Thursday. Barclays decreased their price target on Match Group from $81.00 to $65.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 19th. Finally, Piper Sandler cut their price objective on Match Group from $125.00 to $80.00 and set an "overweight" rating for the company in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $98.86.

Insiders Place Their Bets

In other Match Group news, CEO Bernard Jin Kim bought 16,000 shares of the stock in a transaction on Thursday, August 4th. The shares were purchased at an average cost of $63.58 per share, with a total value of $1,017,280.00. Following the completion of the transaction, the chief executive officer now directly owns 16,000 shares of the company's stock, valued at approximately $1,017,280. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.30% of the company's stock.

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