Match Group Inc (NASDAQ: MTCH) is 3.55% higher on its value in year-to-date trading and has touched a low of $27.66 and a high of $38.84 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MTCH stock was last observed hovering at around $34.47 in the last trading session, with the day’s loss setting it -0.6%.
Currently trading at $33.87, the stock is -2.04% and 1.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.68 million and changing -1.74% at the moment leaves the stock 0.41% off its SMA200. MTCH registered -9.90% loss for a year compared to 6-month loss of -7.41%.
The stock witnessed a 3.45% gain in the last 1 month and extending the period to 3 months gives it a 10.29%, and is -0.38% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.91% over the month.
Match Group Inc (MTCH) has around 2620 employees, a market worth around $8.50B and $3.48B in sales. Current P/E ratio is 16.75 and Fwd P/E is 13.53. Profit margin for the company is 15.84%. Distance from 52-week low is 22.47% and -12.80% from its 52-week high. The company has generated returns on investments over the last 12 months (14.56%).
with sales reaching $826.35M over the same period.The EPS is expected to grow by 2.67% this year, but quarterly earnings will post -0.93% year-over-year. Quarterly sales are estimated to shrink -3.87% in year-over-year returns.
The shares outstanding are 251.09M, and float is at 249.16M with Short Float at 5.35%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.93 million shares valued at $970.08 million. The investor’s holdings represent 11.9084 of the MTCH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.97 million shares valued at $606.72 million to account for 7.4479 of the shares outstanding. The other top investors are STATE STREET CORP which holds 17.28 million shares representing 6.4446 and valued at over $524.99 million, while UBS GROUP AG holds 5.0765 of the shares totaling 13.61 million with a market value of $413.54 million.
Match Group Inc (MTCH) Insider Activity
The most recent transaction is an insider purchase by Schiffman Glenn, the company’s Director. SEC filings show that Schiffman Glenn bought 3,000 shares of the company’s common stock on Feb 06 ’25 at a price of $34.47 per share for a total of $0.1 million. Following the purchase, the insider now owns 33827.0 shares.
Match Group Inc disclosed in a document filed with the SEC on Feb 06 ’25 that Rascoff Spencer M (Chief Executive Officer) bought a total of 59,560 shares of the company’s common stock. The trade occurred on Feb 06 ’25 and was made at $34.41 per share for $2.05 million. Following the transaction, the insider now directly holds 59560.0 shares of the MTCH stock.
Still, SEC filings show that on Nov 22 ’24, Bailey Stephen (Director) disposed off 801 shares at an average price of $31.61 for $25320.0. The insider now directly holds 12,398 shares of Match Group Inc (MTCH).
