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

Match Group Inc (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 the consensus estimate of $0.23 by $0.03. The technology company had revenue of $407.40 million for 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 revenue for the quarter was up 36.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $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 brokers have issued twelve-month target prices for Match Group's stock. Their forecasts range from $25.00 to $50.00. On average, they expect Match Group's stock price to reach $40.2143 in the next twelve months. This suggests a possible upside of 3.4% 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 during 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 daily 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 short sold. 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 initial public offering 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.

Media coverage about MTCH stock has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Match Group earned a daily sentiment score of 0.09 on Accern's scale. They also assigned press coverage about the technology company an impact score of 45.51 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Match Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include NN Investment Partners Holdings N.V. (0.47%), Empowered Funds LLC (0.01%) and State of Alaska Department of Revenue (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 acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Empowered Funds LLC 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 $38.89.

Match Group has a market capitalization of $10.77 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]