While Match Group Inc has underperformed by -2.94%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MTCH fell by -11.67%, with highs and lows ranging from $42.42 to $27.66, whereas the simple moving average fell by -3.76% in the last 200 days.
On December 18, 2024, JP Morgan Downgraded Match Group Inc (NASDAQ: MTCH) to Neutral. A report published by Jefferies on December 17, 2024, Downgraded its rating to ‘Hold’ for MTCH. HSBC Securities August 05, 2024d its ‘Hold’ rating to ‘Buy’ for MTCH, as published in its report on August 05, 2024. Wolfe Research’s report from July 16, 2024 suggests a price prediction of $36 for MTCH shares, giving the stock a ‘Outperform’ rating. Citigroup also rated the stock as ‘Neutral’.
Analysis of Match Group Inc (MTCH)
Investors in Match Group Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.19 per share. Further, the quarter-over-quarter increase in sales is 1.57%, showing a positive trend in the upcoming months.
One of the most important indicators of Match Group Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 2.49, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and MTCH is recording 4.43M average volume. On a monthly basis, the volatility of the stock is set at 3.59%, whereas on a weekly basis, it is put at 2.54%, with a loss of -1.22% over the past seven days. Furthermore, long-term investors anticipate a median target price of $36.88, showing growth from the present price of $32.40, which can serve as yet another indication of whether MTCH is worth investing in or should be passed over.
How Do You Analyze Match Group Inc Shares?
The Internet Content & Information market is dominated by Match Group Inc (MTCH) based in the USA. When comparing Match Group Inc shares with other companies under Communication Services, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 14.45, there is a growth in quarterly earnings of -10.99%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.65%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 107.22% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MTCH shares are owned by institutional investors to the tune of 107.22% at present.
