Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Match Group Inc (NASDAQ: MTCH) closed at $33.58 down -7.92% from its previous closing price of $36.47. In other words, the price has decreased by -$7.92 from its previous closing price. On the day, 10.69 million shares were traded. MTCH stock price reached its highest trading level at $34.9 during the session, while it also had its lowest trading level at $33.12.
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 8.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.56. For the most recent quarter (mrq), Quick Ratio is recorded 2.49 and its Current Ratio is at 2.54.
On December 18, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $40 to $33.
Jefferies Downgraded its Buy to Hold on December 17, 2024, whereas the target price for the stock was revised from $40 to $32.
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 Nov 22 ’24 when Bailey Stephen sold 801 shares for $31.61 per share. The transaction valued at 25,320 led to the insider holds 12,398 shares of the business.
Sine Jared F. sold 500 shares of MTCH for $18,025 on Mar 01 ’24. The Chief Bus. Affairs & Leg. Off. now owns 54,009 shares after completing the transaction at $36.05 per share.
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 8431636480 and an Enterprise Value of 12143727616. As of this moment, Match’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.61, and their Forward P/E ratio for the next fiscal year is 13.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42. Its current Enterprise Value per Revenue stands at 3.484 whereas that against EBITDA is 12.228.
Stock Price History:
The Beta on a monthly basis for MTCH is 1.23, which has changed by 0.041107655 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, MTCH has reached a high of $38.84, while it has fallen to a 52-week low of $27.66. The 50-Day Moving Average of the stock is 2.05%, while the 200-Day Moving Average is calculated to be -0.06%.
Shares Statistics:
For the past three months, MTCH has traded an average of 4.76M shares per day and 4240790 over the past ten days. A total of 251.09M shares are outstanding, with a floating share count of 249.47M. Insiders hold about 0.65% of the company’s shares, while institutions hold 108.55% stake in the company. Shares short for MTCH as of 1736899200 were 13728538 with a Short Ratio of 2.89, compared to 1734048000 on 15339358. Therefore, it implies a Short% of Shares Outstanding of 13728538 and a Short% of Float of 6.3100000000000005.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.52. The current Payout Ratio is 9.41% for MTCH, which recently paid a dividend on 2025-01-06 with an ex-dividend date of 1736121600. Stock splits for the company last occurred on 2020-07-01 when the company split stock in a 3502:1000 ratio.
