Match Group Inc (NASDAQ: MTCH): To Buy Or Not To Buy, That Is The Question

Match Group Inc (MTCH) concluded trading on Thursday at a closing price of $35.21, with 3.87 million shares of worth about $136.34 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.51% during that period and on January 30, 2025 the price saw a gain of about 0.09%. Currently the company’s common shares owned by public are about 253.96M shares, out of which, 249.47M shares are available for trading.

Stock saw a price change of 5.86% in past 5 days and over the past one month there was a price change of 6.15%. Year-to-date (YTD), MTCH shares are showing a performance of 7.64% which decreased to -8.26% 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 $39.91 during that period. The average intraday trading volume for Match Group Inc shares is 4.65 million. The stock is currently trading 6.65% above its 20-day simple moving average (SMA20), while that difference is up 8.27% for SMA50 and it goes to 4.99% higher than SMA200.

Match Group Inc (NASDAQ: MTCH) currently have 253.96M outstanding shares and institutions hold larger chunk of about 108.27% of that.

The stock has a current market capitalization of $8.84B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 15.70, while it has posted earnings per share of $2.24 in the same period. Its PEG reads 3.58 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 3.01% while standing at 2.59% over the month.

Stock’s fiscal year EPS is expected to drop by -13.53% while it is estimated to increase by 10.48% in next year. EPS is likely to shrink at an annualized rate of 4.39% for next 5-years, compared to annual growth of 7.04% made by the stock over the past 5-years.

Coverage by JP Morgan stated Match Group Inc (MTCH) stock as a Neutral in their note to investors on December 18, 2024, suggesting a price target of $33 for the stock. Stock get a Neutral rating from BofA Securities on November 07, 2024.

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