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 initiated a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback 6,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Match Group (NASDAQ:MTCH) released its quarterly earnings results on Tuesday, February, 6th. The technology company reported $0.18 earnings per share for the quarter, missing the 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 net margin of 26.31% and a return on equity of 31.33%. Match Group's revenue for the quarter was up 28.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 EPS. View Match Group's Earnings History.

Match Group is scheduled to release their next quarterly earnings announcement on Tuesday, May, 8th 2018. View Earnings Estimates for Match Group.

17 Wall Street analysts have issued 12-month price targets for Match Group's shares. 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 decline in short interest in April. As of April 13th, there was short interest totalling 27,850,168 shares, a decline of 4.5% from the March 30th total of 29,160,331 shares. Based on an average daily volume of 1,652,706 shares, the short-interest ratio is currently 16.9 days. Approximately 56.8% of the company's shares are short sold.

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 served as the underwriters for the IPO and Cowen and Company, Oppenheimer, PNC Capital Markets, SOCIETE GENERALE and Fifth Third Securities were co-managers.

Headlines about MTCH stock have trended somewhat positive on Wednesday, Accern reports. The research firm scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Match Group earned a daily sentiment score of 0.12 on Accern's scale. They also gave news articles about the technology company an impact score of 47.61 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact 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 $45.26.

Match Group has a market capitalization of $12.73 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]