Match Group Inc (MTCH) concluded trading on Thursday at a closing price of $32.59, with 2.88 million shares of worth about $93.8 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.34% during that period and on December 05, 2024 the price saw a loss of about -0.82%. Currently the company’s common shares owned by public are about 253.96M shares, out of which, 249.51M shares are available for trading.
Stock saw a price change of 0.25% in past 5 days and over the past one month there was a price change of -11.78%. Year-to-date (YTD), MTCH shares are showing a performance of -10.71% which increased to 0.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.66 but also hit the highest price of $42.42 during that period. The average intraday trading volume for Match Group Inc shares is 4.24 million. The stock is currently trading 2.90% above its 20-day simple moving average (SMA20), while that difference is down -7.13% for SMA50 and it goes to -3.96% lower than SMA200.
Match Group Inc (NASDAQ: MTCH) currently have 253.96M outstanding shares and institutions hold larger chunk of about 106.24% of that.
The stock has a current market capitalization of $8.18B and its 3Y-monthly beta is at 1.27. PE ratio of stock for trailing 12 months is 14.54, while it has posted earnings per share of $2.24 in the same period. Its PEG reads 0.61 and has Quick Ratio of 2.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MTCH, volatility over the week remained 2.11% while standing at 3.03% over the month.
Stock’s fiscal year EPS is expected to drop by -12.47% while it is estimated to increase by 16.40% in next year. EPS is likely to grow at an annualized rate of 23.92% for next 5-years, compared to annual growth of 7.04% made by the stock over the past 5-years.
Coverage by HSBC Securities stated Match Group Inc (MTCH) stock as a Buy in their note to investors on August 05, 2024, suggesting a price target of $43.20 for the stock. On July 16, 2024, Wolfe Research Initiated their recommendations, while on July 15, 2024, Citigroup Reiterated their ratings for the stock with a price target of $33. Stock get an Equal-weight rating from Morgan Stanley on April 18, 2024.
