NASDAQ:MTCHMatch Group Stock Price, Forecast & News

$94.01

-0.35 (-0.37 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$91.82

Now: $94.01▼

$95.57

50-Day Range

$68.48

MA: $81.06▼

$94.36

52-Week Range

$44.74

Now: $94.01▼

$95.57

Volume1.96 million shs

Average Volume2.48 million shs

Market Capitalization$26.71 billion

P/E Ratio48.46

Dividend YieldN/A

Beta0.56

Match Group, Inc. provides dating products worldwide. It operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as other brands. Match Group, Inc. offers its dating products through its applications and Websites in approximately 40 languages. The company was incorporated in 2009 and is headquartered in Dallas, Texas. Match Group, Inc. operates as a subsidiary of IAC/InterActiveCorp.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Match Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 12 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $93.00, Match Group has a potential downside of 1.1% from its current price of $94.01.
Amount of Analyst Coverage
Match Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Match Group has received 498 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Match Group has received 374 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Match Group has received 57.11% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Match Group and other stocks. Vote “Outperform” if you believe MTCH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MTCH will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Match Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,853,507.00 in company stock.
Percentage Held by Insiders
Only 3.00% of the stock of Match Group is held by insiders.
Percentage Held by Institutions
Only 30.69% of the stock of Match Group is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Match Group are expected to grow by 9.39% in the coming year, from $2.13 to $2.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Match Group is 48.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Match Group is 48.46, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.34.
Price to Earnings Growth Ratio
Match Group has a PEG Ratio of 3.21. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Match Group has a P/B Ratio of 82.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.17 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer programming, data processing, & other computer related

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:MTCH

Previous Symbol

CUSIPN/A

CIK1575189

Webwww.mtch.com

Phone214-576-9352

Debt

Debt-to-Equity Ratio7.09

Current Ratio2.65

Quick Ratio2.65

Price-To-Earnings

Trailing P/E Ratio48.46

Forward P/E Ratio44.14

P/E Growth3.21

Sales & Book Value

Annual Sales$2.05 billion

Price / Sales13.02

Cash Flow$2.10 per share

Price / Cash Flow44.78

Book Value$1.14 per share

Price / Book82.46

Profitability

EPS (Most Recent Fiscal Year)$1.81

Net Income$534.73 million

Net Margins26.84%

Return on Equity199.73%

Return on Assets21.22%

Miscellaneous

Employees1,800

Outstanding Shares284,142,000

Market Cap$26.71 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Match Group (NASDAQ:MTCH) Frequently Asked Questions

How has Match Group's stock been impacted by COVID-19 (Coronavirus)?

Match Group's stock was trading at $63.02 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MTCH stock has increased by 49.2% and is now trading at $94.01. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Match Group?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Match Group in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Match Group.

When is Match Group's next earnings date?

Match Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Match Group.

How were Match Group's earnings last quarter?

Match Group Inc (NASDAQ:MTCH) issued its earnings results on Tuesday, May, 5th. The technology company reported $0.55 EPS for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.19. The technology company earned $544.60 million during the quarter, compared to the consensus estimate of $545.02 million. Match Group had a net margin of 26.84% and a return on equity of 199.73%. Match Group's revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.42 earnings per share. View Match Group's earnings history.

What price target have analysts set for MTCH?

18 analysts have issued 1 year target prices for Match Group's stock. Their forecasts range from $68.00 to $104.00. On average, they anticipate Match Group's share price to reach $93.00 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View analysts' price targets for Match Group.

What are Wall Street analysts saying about Match Group stock?

Here are some recent quotes from research analysts about Match Group stock:

1. According to Zacks Investment Research, "Match Group boasts of a robust portfolio of online dating services and enjoys a first mover’s advantage in the space. The company's increase in its average subscriber base, driven primarily by solid contribution from Tinder is a key catalyst. Sturdy synergies from Meetic, Match and PlentyOfFish bode well for the company. Increasing adoption of Tinder Gold subscription package is enabling Match Group to bolster subscriber growth. Notably, shares of the company have outperformed the industry in the past year. However, higher investments in Tinder amid competition from Facebook Dating are likely to limit margin expansion. Notably, the company is noticing a decline in new users above the age of 30 owing to the coronavirus pandemic, which is a headwind. Nonetheless, growing usage of video dating among younger users bodes well." (4/15/2020)
2. SunTrust Banks, Inc. analysts commented, "We expect Tinder to once again print one of its best quarterly net adds ever, with further headroom to grow. Non-Tinder subs seem to have stabilized with legacy brands — Match and OkCupid, turning the corner given a bigger mktg push, while newer brands namely Harmonica are showing early promise. ST catalysts include pending divestiture from IAC and a buyback reload. MTCH’s 3Q19. For the last two quarters, Tinder has been the driving force behind the earnings beat by adding 503k and 384k net subscribers in 2Q19 and 1Q19, respectively. We believe 3Q19 is setting up to be another quarter with strong net adds (+450K) to build on the 5.2M aggregate Tinder subscribers reported last quarter." (9/5/2019)
3. Aegis analysts commented, "We had called for a MTCH spin from IAC in our predictions for the year (link) and IAC’s management essentially laid out the case, in our opinion, that MTCH, rather than ANGI, is likely to be the next spin (although we would not rule out a dual-spin). MTCH as a standalone company should see increased investor interest, particularly from investors with longer-term horizons, and MTCH could support the stock with increased share buybacks. We tweaked our 3Q19 and 4Q19 revenue estimates but left the full-year revenue unchanged. on page 2.2 AEGIS CAPITAL CORP. Our price target is $105 Valuation Methodology Our price target is based on a sum-of-the parts valuation on Ex-Match Adj." (9/4/2019)

Has Match Group been receiving favorable news coverage?

Media coverage about MTCH stock has trended negative this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Match Group earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutMatch Group.

Are investors shorting Match Group?

Match Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 38,270,000 shares, an increase of 5.2% from the April 30th total of 36,370,000 shares. Based on an average trading volume of 2,740,000 shares, the days-to-cover ratio is presently 14.0 days. Approximately 70.0% of the company's shares are sold short. View Match Group's Current Options Chain.

Who are some of Match Group's key competitors?

Some companies that are related to Match Group include Zoom Video Communications (ZM), Baidu (BIDU), IHS Markit (INFO), Snap (SNAP), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Line (LN), Pinterest (PINS), FactSet Research Systems (FDS), Wix.Com (WIX), Stars Group (TSG), 58.com (WUBA), GDS (GDS) and Weibo (WB). View all competitors.

What other stocks do shareholders of Match Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Match Group investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Shopify (SHOP), Square (SQ), Paypal (PYPL), Walt Disney (DIS), Twilio (TWLO), Trade Desk (TTD) and Tesla (TSLA).

Who are Match Group's key executives?

Match Group's management team includes the following people:

Ms. Amanda W. Ginsberg, CEO & Director (Age 50)
Mr. Gary Swidler, Chief Financial Officer (Age 49)
Mr. Jared F. Sine, Chief Legal Officer & Sec. (Age 40)
Mr. Amarnath Thombre, Chief Exec. Officer of Match Group Americas (Age 46)
Ms. Sharmistha Dubey, Pres (Age 48)

When did Match Group IPO?

(MTCH) raised $433 million in an initial public offering (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.

What is Match Group's stock symbol?

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

Who are Match Group's major shareholders?

Match Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sands Capital Management LLC (4.41%), Lone Pine Capital LLC (2.41%), Wellington Management Group LLP (1.59%), BlackRock Inc. (1.03%), Janus Henderson Group PLC (0.97%) and Sustainable Growth Advisers LP (0.60%). Company insiders that own Match Group stock include Amanda Ginsberg, Ann Mcdaniel, Gary Swidler, Jared F Sine, Philip D Eigenmann and Sharmistha Dubey. View institutional ownership trends for Match Group.

Which institutional investors are selling Match Group stock?

MTCH stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Wells Fargo & Company MN, First Trust Advisors LP, Franklin Resources Inc., Invesco Ltd., Korea Investment CORP, and Hancock Whitney Corp. Company insiders that have sold Match Group company stock in the last year include Ann Mcdaniel, Gary Swidler, Jared F Sine, Philip D Eigenmann, and Sharmistha Dubey. View insider buying and selling activity for Match Group.

Which institutional investors are buying Match Group stock?

MTCH stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Lone Pine Capital LLC, Janus Henderson Group PLC, Sustainable Growth Advisers LP, Nuveen Asset Management LLC, Portsea Asset Management LLP, BNP Paribas Arbitrage SA, and Sands Capital Management LLC. View insider buying and selling activity for Match Group.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Match Group's stock price today?

One share of MTCH stock can currently be purchased for approximately $94.01.

How big of a company is Match Group?

Match Group has a market capitalization of $26.71 billion and generates $2.05 billion in revenue each year. The technology company earns $534.73 million in net income (profit) each year or $1.81 on an earnings per share basis. Match Group employs 1,800 workers across the globe.

What is Match Group's official website?

The official website for Match Group is www.mtch.com.

How can I contact Match Group?

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]

This page was last updated on 6/4/2020 by MarketBeat.com Staff