Match Group Inc (NASDAQ: MTCH): Retirees Don’t Worry About Volatility

Match Group Inc (NASDAQ:MTCH) currently has a daily average trading volume of 4.76M but it saw 2958933 shares traded in last market. With a market cap of 7.82B USD, the company’s current market price of $31.21 came falling about -0.73 while comparing to the previous closing price of $31.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.84 and as low as $27.66. In the recent trading on the day, stock has struck highest price mark of $31.005 while lowest mark touched by it was $31.72.

Taking a look at 20-day trading activity of Match Group Inc (MTCH) gives us an average price of $31.54, while its current price level is -19.64% below from 52-week high level whereas it is 12.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $32.86 while that of 200 days or SMA-200 reads an average of $33.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.53% during that period while stretching the period over a month that increases to 3.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.86 which implies that the stock is in neutral territory.

Evercore ISI downgraded its recommendation for the stock as a “In-line” from “Outperform” on February 06, 2025 while assigning a price target range of $35-$35.

Over the week, MTCH’s stock price is moving 3.76% up while it is -9.46% when we observe its performance for the past one month. Year-to-date it is -4.59% down and over the past year, the stock is showing a downside performance of -11.16%.

The company is expected to be releasing its next quarterly report on 2025-Feb-03, for which analysts forecasted an EPS of 0.65 while estimate for next year EPS is 3.3. In next quarter, company is expected to be making quarterly sales of $847.1M as analysts are expecting the sales for current fiscal year at $3.45B and seeing the company making $3.61B in sales next year. Moreover, analysts are in estimates of $826.35M for current-quarter revenue.

Currently, Match Group Inc’s total number of outstanding shares is 251.46M with 0.60% of that held by the insiders while 113.72% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 14.25%. It has a price to earnings ratio (P/E ratio) of 15.42 while having a 12.49 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to sale or P/S ratio amounts to 2.25. Its return on asset (ROA) is 12.29% on average.