Match Group Inc. [MTCH] stock is trading at $35.13, up 4.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MTCH shares have gain 3.02% over the last week, with a monthly amount drifted -6.69%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Match Group Inc. [NASDAQ: MTCH] stock has seen the most recent analyst activity on December 07, 2023, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $32. Previously, BofA Securities started tracking the stock with Buy rating on October 19, 2023, and set its price target to $52. HSBC Securities started tracking the stock assigning a Hold rating and suggested a price target of $47.10 on September 26, 2023. BTIG Research upgraded its rating to a Buy but $60 remained the price target by the analyst firm on August 02, 2023. Wolfe Research downgraded its rating to Peer Perform for this stock on June 21, 2023. In a note dated April 11, 2023, Robert W. Baird initiated an Outperform rating and provided a target price of $50 on this stock.
Match Group Inc. [MTCH] stock has fluctuated between $27.85 and $49.24 over the past year. Currently, Wall Street analysts expect the stock to reach $91.14 within the next 12 months. Match Group Inc. [NASDAQ: MTCH] shares were valued at $35.13 at the most recent close of the market. An investor can expect a potential return of 159.44% based on the average MTCH price forecast.
Analyzing the MTCH fundamentals
Match Group Inc. [NASDAQ:MTCH] reported sales of 3.36B for the trailing twelve months, which represents a growth of 10.19%. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is -1.73 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-12.86.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.08 points at the first support level, and at 33.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.67, and for the 2nd resistance point, it is at 36.21.
Ratios To Look Out For
For context, Match Group Inc.’s Current Ratio is 2.39. In addition, the Quick Ratio stands at 2.39 and the Cash Ratio stands at 1.24. Considering the valuation of this stock, the price to sales ratio is 2.80 and price to earnings (TTM) ratio is 15.46.
Transactions by insiders
Recent insider trading involved Sine Jared F., Chief Bus. Affairs & Leg. Off., that happened on Mar 01 ’24 when 500.0 shares were sold. Chief Bus. Affairs & Leg. Off., Sine Jared F. completed a deal on Feb 01 ’24 to sell 500.0 shares. Meanwhile, Chief Bus. Affairs & Leg. Off. Sine Jared F. sold 500.0 shares on Jan 02 ’24.
