Match Group Inc (MTCH) stock: 12-month forecast projects 30.01% potential return%

Match Group Inc [MTCH] stock prices are up 6.70% to $33.76 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MTCH shares have gain 7.34% over the last week, with a monthly amount glided 11.02%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Match Group Inc [NASDAQ: MTCH] stock has seen the most recent analyst activity on December 18, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $33 from $40. Previously, Jefferies downgraded its rating to Hold on December 17, 2024, and dropped its price target to $32. On December 16, 2024, downgrade downgraded it’s rating to Neutral. BofA Securities downgraded its rating to a Neutral. HSBC Securities upgraded its rating to a Buy but $43.20 remained the price target by the analyst firm on August 05, 2024. Wolfe Research started tracking with a Outperform rating for this stock on July 16, 2024, and assigned it a price target of $36. In a note dated July 15, 2024, Citigroup reiterated an Neutral rating on this stock and revised its target price from $34 to $33.

The stock price of Match Group Inc [MTCH] has been fluctuating between $27.66 and $42.42 over the past year. Currently, Wall Street analysts expect the stock to reach $43.89 within the next 12 months. Match Group Inc [NASDAQ: MTCH] shares were valued at $33.76 at the most recent close of the market. An investor can expect a potential return of 30.01% based on the average MTCH price forecast.

Analyzing the MTCH fundamentals

The Match Group Inc [NASDAQ:MTCH] reported sales of 3.49B for trailing twelve months, representing a surge of 1.57%. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is -7.2 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-43.46.

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 32.25 points at the first support level, and at 30.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.58, and for the 2nd resistance point, it is at 35.40.

Ratios To Look Out For

It’s worth pointing out that Match Group Inc [NASDAQ:MTCH]’s Current Ratio is 2.49. Further, the Quick Ratio stands at 2.49, while the Cash Ratio is 1.61. Considering the valuation of this stock, the price to sales ratio is 2.60 and price to earnings (TTM) ratio is 15.06.

Transactions by insiders

Recent insider trading involved Bailey Stephen, Director, that happened on Nov 22 ’24 when 801.0 shares were sold. Chief Bus. Affairs & Leg. Off., Sine Jared F. completed a deal on Mar 01 ’24 to sell 500.0 shares. Meanwhile, Chief Bus. Affairs & Leg. Off. Sine Jared F. sold 500.0 shares on Feb 01 ’24.

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