Match Group Inc (NASDAQ: MTCH) has a higher price-to-earnings ratio of 14.81x compared to its average ratio, The 36-month beta value for MTCH is at 1.29. Analysts have varying views on the stock, with 11 analysts rating it as a “buy,” 5 rating it as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for MTCH is 249.51M, and currently, shorts hold a 6.24% of that float. The average trading volume for MTCH on December 03, 2024 was 4.25M shares.
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MTCH) stock’s latest price update
Match Group Inc (NASDAQ: MTCH)’s stock price has plunge by 1.41relation to previous closing price of 32.74. Nevertheless, the company has seen a 5.31% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-02 that SAN DIEGO, Dec. 02, 2024 (GLOBE NEWSWIRE) — Robbins LLP reminds investors that a class action was filed on behalf of persons and entities who purchased or otherwise acquired Match Group, Inc. (NASDAQ: MTCH) securities between May 2, 2023 and November 6, 2024. Match Group, through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections.
MTCH’s Market Performance
Match Group Inc (MTCH) has seen a 5.31% rise in stock performance for the week, with a -7.85% decline in the past month and a -9.88% plunge in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 3.10% for MTCH. The simple moving average for the past 20 days is 2.76% for MTCH’s stock, with a -2.33% simple moving average for the past 200 days.
Analysts’ Opinion of MTCH
HSBC Securities, on the other hand, stated in their research note that they expect to see MTCH reach a price target of $43.20. The rating they have provided for MTCH stocks is “Buy” according to the report published on August 05th, 2024.
Wolfe Research gave a rating of “Outperform” to MTCH, setting the target price at $36 in the report published on July 16th of the current year.
MTCH Trading at -6.08% from the 50-Day Moving Average
After a stumble in the market that brought MTCH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.74% of loss for the given period.
Volatility was left at 3.10%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares sank -6.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.54% lower at present.
During the last 5 trading sessions, MTCH rose by +5.31%, which changed the moving average for the period of 200-days by -11.82% in comparison to the 20-day moving average, which settled at $32.31. In addition, Match Group Inc saw -9.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MTCH starting from Bailey Stephen, who sale 801 shares at the price of $31.61 back on Nov 22 ’24. After this action, Bailey Stephen now owns 12,398 shares of Match Group Inc, valued at $25,320 using the latest closing price.
Sine Jared F., the Chief Bus. Affairs & Leg. Off. of Match Group Inc, sale 500 shares at $36.05 during a trade that took place back on Mar 01 ’24, which means that Sine Jared F. is holding 54,009 shares at $18,025 based on the most recent closing price.
Stock Fundamentals for MTCH
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.7 for the gross margin
The net margin for Match Group Inc stands at 0.18. The total capital return value is set at 0.22.
Based on Match Group Inc (MTCH), the company’s capital structure generated 1.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at -43.46. The interest coverage ratio of the stock is 5.35.
Currently, EBITDA for the company is 1.05 billion with net debt to EBITDA at 3.24. When we switch over and look at the enterprise to sales, we see a ratio of 3.25. The receivables turnover for the company is 10.25for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.49.
Conclusion
In conclusion, Match Group Inc (MTCH) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
