Match Group Inc (MTCH): Street Finally Waking Up

Currently, there are 248.61M common shares owned by the public and among those 243.44M shares have been available to trade.

The company’s stock has a 5-day price change of -3.87% and -15.12% over the past three months. MTCH shares are trading -11.95% year to date (YTD), with the 12-month market performance down to -5.82% lower. It has a 12-month low price of $26.39 and touched a high of $38.84 over the same period. MTCH has an average intraday trading volume of 5.36 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.14%, -4.31%, and -13.94% respectively.

Institutional ownership of Match Group Inc (NASDAQ: MTCH) shares accounts for 108.00% of the company’s 248.61M shares outstanding.

It has a market capitalization of $7.06B and a beta (3y monthly) value of 1.34. The stock’s trailing 12-month PE ratio is 14.21, while the earnings-per-share (ttm) stands at $2.03. The company has a PEG of 0.92 and a Quick Ratio of 1.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.50% over the week and 3.19% over the month.

Earnings per share for the fiscal year are expected to increase by 6.19%, and 18.48% over the next financial year. EPS should grow at an annualized rate of 15.48% over the next five years, compared to 2.25% over the past 5-year period.

Evercore ISI coverage for the Match Group Inc (MTCH) stock in a research note released on February 06, 2025 offered a In-line rating with a price target of $35. BTIG Research was of a view on January 14, 2025 that the stock is Neutral, while JP Morgan gave the stock Neutral rating on December 18, 2024, issuing a price target of $40- $33. Jefferies on their part issued Hold rating on December 17, 2024.

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