At the time of writing, Match Group Inc [MTCH] stock is trading at $35.70, up 1.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MTCH shares have gain 4.82% over the last week, with a monthly amount glided 8.84%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Match Group Inc [NASDAQ: MTCH] stock has seen the most recent analyst activity on January 14, 2025, when BTIG Research downgraded its rating to a Neutral. Previously, JP Morgan downgraded its rating to Neutral on December 18, 2024, and dropped its price target to $33. On December 17, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $32 on the stock. New Street downgraded its rating to a Neutral. BofA Securities downgraded its rating to a Neutral. HSBC Securities upgraded its rating to Buy for this stock on August 05, 2024, but kept the price target unchanged to $43.20. In a note dated July 16, 2024, Wolfe Research initiated an Outperform rating and provided a target price of $36 on this stock.
For the past year, the stock price of Match Group Inc fluctuated between $27.66 and $39.91. Currently, Wall Street analysts expect the stock to reach $46.4 within the next 12 months. Match Group Inc [NASDAQ: MTCH] shares were valued at $35.70 at the most recent close of the market. An investor can expect a potential return of 29.97% based on the average MTCH price forecast.
Analyzing the MTCH fundamentals
According to Match Group Inc [NASDAQ:MTCH], the company’s sales were 3.49B for trailing twelve months, which represents an 1.57% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -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 35.18 points at the first support level, and at 34.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.15, and for the 2nd resistance point, it is at 36.60.
Ratios To Look Out For
It is important to note that Match Group Inc [NASDAQ:MTCH] has a current ratio of 2.49. Also, the Quick Ratio is 2.49, while the Cash Ratio stands at 1.61. Considering the valuation of this stock, the price to sales ratio is 2.57 and price to earnings (TTM) ratio is 15.92.
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.
