In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
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
In the latest session, Match Group Inc. (NASDAQ: MTCH) closed at $30.20 up 2.65% from its previous closing price of $29.42. In other words, the price has increased by $2.65 from its previous closing price. On the day, 4.98 million shares were traded. MTCH stock price reached its highest trading level at $30.21 during the session, while it also had its lowest trading level at $29.44.
Ratios:
For a deeper understanding of Match Group Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.06. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.41.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on April 18, 2024, Downgraded its rating to Equal-Weight and sets its target price to $37 from $53 previously.
On December 07, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $32.Wells Fargo initiated its Equal Weight rating on December 07, 2023, with a $32 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when Sine Jared F. sold 500 shares for $36.05 per share. The transaction valued at 18,025 led to the insider holds 54,009 shares of the business.
Sine Jared F. sold 500 shares of MTCH for $19,380 on Feb 01 ’24. The Chief Bus. Affairs & Leg. Off. now owns 29,352 shares after completing the transaction at $38.76 per share. On Jan 02 ’24, another insider, Sine Jared F., who serves as the Chief Bus. Affairs & Leg. Off. of the company, sold 500 shares for $35.98 each. As a result, the insider received 17,990 and left with 29,852 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTCH now has a Market Capitalization of 8023173632 and an Enterprise Value of 11047953408. As of this moment, Match’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.15, and their Forward P/E ratio for the next fiscal year is 12.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33. Its current Enterprise Value per Revenue stands at 3.214 whereas that against EBITDA is 10.82.
Stock Price History:
The Beta on a monthly basis for MTCH is 1.28, which has changed by -0.32679445 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, MTCH has reached a high of $49.24, while it has fallen to a 52-week low of $27.66. The 50-Day Moving Average of the stock is -1.98%, while the 200-Day Moving Average is calculated to be -11.29%.
Shares Statistics:
For the past three months, MTCH has traded an average of 4.94M shares per day and 5295610 over the past ten days. A total of 268.89M shares are outstanding, with a floating share count of 264.05M. Insiders hold about 0.61% of the company’s shares, while institutions hold 100.20% stake in the company. Shares short for MTCH as of 1718323200 were 15783723 with a Short Ratio of 3.20, compared to 1715731200 on 14797780. Therefore, it implies a Short% of Shares Outstanding of 15783723 and a Short% of Float of 6.79.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.52. The current Payout Ratio is 0.00% for MTCH, which recently paid a dividend on 2018-12-04 with an ex-dividend date of 1447113600. Stock splits for the company last occurred on 2020-07-01 when the company split stock in a 3502:1000 ratio.
