NASDAQ:MTCH - Match Group Stock Price, Price Target & More

Match Group trades on the NASDAQ under the ticker symbol "MTCH."

Match Group announced that its board has authorized a share 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 reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.

Match Group Inc (NASDAQ:MTCH) posted its quarterly earnings results on Tuesday, May, 8th. The technology company reported $0.26 earnings per share 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 quarterly revenue was up 36.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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 brokers have issued 1 year price targets 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 year. 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 daily volume of 2,222,552 shares, the days-to-cover ratio is presently 11.5 days. Currently, 50.7% of the company's shares 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 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 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 Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Match Group earned a media sentiment score of 0.15 on Accern's scale. They also assigned headlines about the technology company an impact score of 45.62 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Match Group's stock is owned by a variety of of institutional and retail 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 acquired 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 $10.89 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]