Match Group Inc (NASDAQ:MTCH) currently has a daily average trading volume of 5.45M but it saw 5097644 shares traded in last market. With a market cap of 7.19B USD, the company’s current market price of $29.34 came falling about -0.27 while comparing to the previous closing price of $29.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.84 and as low as $26.39.
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 -0.24% down while it is -1.25% when we observe its performance for the past one month. Year-to-date it is -10.30% down and over the past year, the stock is showing a downside performance of -5.99%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.76 while estimate for next year EPS is 3.34. In next quarter, company is expected to be making quarterly sales of $889.53M as analysts are expecting the sales for current fiscal year at $3.45B and seeing the company making $3.59B in sales next year. Moreover, analysts are in estimates of $854.19M for current-quarter revenue.
Currently, Match Group Inc’s total number of outstanding shares is 248.61M with 0.56% of that held by the insiders while 108.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 16.82%. It has a price to earnings ratio (P/E ratio) of 14.47 while having a 11.54 of forward P/E ratio. Stock’s beta reads 1.35. Stock has a price to sale or P/S ratio amounts to 2.08. Its return on asset (ROA) is 13.16% on average.
