With 3.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.43 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $32.15 whereas the lowest price it dropped to was $31.61. The 52-week range on MTCH shows that it touched its highest point at $42.42 and its lowest point at $27.66 during that stretch. It currently has a 1-year price target of $36.88. With its current market cap of 8.00 billion, MTCH has annualized dividend of $0.19 while the current yield stands at 0.60%. Beta for the stock currently stands at 1.26.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MTCH was down-trending over the past week, with a drop of -2.60%, but this was down by -3.25% over a month. Three-month performance dropped to -15.54% while six-month performance rose 3.27%. The stock lost -15.91% in the past year, while it has lost -2.60% so far this year. A look at the trailing 12-month EPS for MTCH yields 2.24 with Next year EPS estimates of 2.20. For the next quarter, that number is 0.56. This implies an EPS growth rate of -13.43% for this year and 12.20% for next year. EPS is expected to grow by 15.95% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.04%.
Float and Shares Shorts:
At present, 253.96 million MTCH shares are outstanding with a float of 249.47 million shares on hand for trading. On 2024-12-13, short shares totaled 15.34 million, which was 611.00002 higher than short shares on 1731628800. In addition to Mr. Bernard J. Kim as the firm’s CEO & Director, Mr. Gary Swidler J.D. serves as its President & CFO.
Institutional Ownership:
Through their ownership of 1.07776 of MTCH’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MTCH reported revenue of $895484000.0 and operating income of $252750000.0. The EBITDA in the recently reported quarter was $285152000.0 and diluted EPS was $0.51.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MTCH since 18 analysts follow the stock currently. There are 16 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MTCH analysts setting a high price target of 53.0 and a low target of 30.0, the average target price over the next 12 months is 36.6852. Based on these targets, MTCH could surge 66.35% to reach the target high and fall by -5.84% to reach the target low. Reaching the average price target will result in a growth of 15.15% from current levels.
Analysts have provided yearly estimates in a range of $2.00701 being high and $1.88598 being low. For MTCH, this leads to a yearly average estimate of $1.95658.
