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The closing price of Match Group Inc. (NASDAQ: MTCH) was $34.56 for the day, up 2.34% from the previous closing price of $33.77. In other words, the price has increased by $2.34 from its previous closing price. On the day, 4.8 million shares were traded. MTCH stock price reached its highest trading level at $34.625 during the session, while it also had its lowest trading level at $33.37.
Ratios:
Our analysis of MTCH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.69. For the most recent quarter (mrq), Quick Ratio is recorded 2.51 and its Current Ratio is at 2.51.
On July 16, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $36.
Citigroup reiterated its Neutral rating for the stock on July 15, 2024, while the target price for the stock was revised from $34 to $33.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 8912851968 and an Enterprise Value of 12011909120. As of this moment, Match’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.00, and their Forward P/E ratio for the next fiscal year is 14.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57. Its current Enterprise Value per Revenue stands at 3.46 whereas that against EBITDA is 11.811.
Stock Price History:
Over the past 52 weeks, MTCH has reached a high of $47.81, while it has fallen to a 52-week low of $27.66. The 50-Day Moving Average of the stock is 6.43%, while the 200-Day Moving Average is calculated to be 3.18%.
Shares Statistics:
MTCH traded an average of 5.63M shares per day over the past three months and 6927590 shares per day over the past ten days. A total of 268.89M shares are outstanding, with a floating share count of 256.32M. Insiders hold about 0.61% of the company’s shares, while institutions hold 110.35% stake in the company. Shares short for MTCH as of 1722384000 were 14938288 with a Short Ratio of 2.65, compared to 1719532800 on 14382262. Therefore, it implies a Short% of Shares Outstanding of 14938288 and a Short% of Float of 6.65.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.52.
