Match Group, Inc. (MTCH) Just Recorded A Sigfniciant Increase | #blackpeoplemeet


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The stock of Match Group, Inc. (NASDAQ:MTCH) is a huge mover today! The stock increased 4.08% or $2.82 during the last trading session, reaching $71.91. About 1.95M shares traded. Match Group, Inc. (NASDAQ:MTCH) has risen 64.85% since December 14, 2018 and is uptrending. It has outperformed by 64.85% the S&P500.
The move comes after 6 months positive chart setup for the $20.13B company. It was reported on Dec, 14 by Barchart.com. We have $76.94 PT which if reached, will make NASDAQ:MTCH worth $1.41 billion more.

Analysts await Match Group, Inc. (NASDAQ:MTCH) to report earnings on February, 5. They expect $0.46 earnings per share, up 17.95 % or $0.07 from last year’s $0.39 per share. MTCH’s profit will be $128.79M for 39.08 P/E if the $0.46 EPS becomes a reality. After $0.51 actual earnings per share reported by Match Group, Inc. for the previous quarter, Wall Street now forecasts -9.80 % negative EPS growth.

Match Group, Inc. (NASDAQ:MTCH) Ratings Coverage

Among 8 analysts covering Match Group (NASDAQ:MTCH), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Match Group has $10600 highest and $7000 lowest target. $86.38’s average target is 20.12% above currents $71.91 stock price. Match Group had 15 analyst reports since July 26, 2019 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Thursday, August 8 with “Market Perform”. The rating was maintained by Nomura on Thursday, November 7 with “Buy”. Deutsche Bank upgraded Match Group, Inc. (NASDAQ:MTCH) rating on Monday, October 7. Deutsche Bank has “Buy” rating and $9100 target. As per Thursday, September 5, the company rating was upgraded by SunTrust. The stock of Match Group, Inc. (NASDAQ:MTCH) has “Buy” rating given on Thursday, November 7 by UBS. The stock of Match Group, Inc. (NASDAQ:MTCH) has “Neutral” rating given on Friday, November 8 by JP Morgan. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, November 7. On Thursday, August 8 the stock rating was downgraded by UBS to “Neutral”. Nomura upgraded the shares of MTCH in report on Monday, October 7 to “Buy” rating. Nomura maintained Match Group, Inc. (NASDAQ:MTCH) on Thursday, August 8 with “Neutral” rating.

More notable recent Match Group, Inc. (NASDAQ:MTCH) news were published by: Nasdaq.com which released: “Match Group (MTCH) Q3 Earnings & Revenues Beat, Improve Y/Y – Nasdaq” on November 06, 2019, also Nasdaq.com with their article: “Match Group (MTCH) Stock Is About to Turn a Corner – Nasdaq” published on April 12, 2019, Nasdaq.com published: “MTCH Makes Notable Cross Below Critical Moving Average – Nasdaq” on December 02, 2019. More interesting news about Match Group, Inc. (NASDAQ:MTCH) were released by: Finance.Yahoo.com and their article: “Should You Be Adding Match Group (NASDAQ:MTCH) To Your Watchlist Today? – Yahoo Finance” published on November 13, 2019 as well as Nasdaq.com‘s news article titled: “Is Match Group (MTCH) Stock Outpacing Its Computer and Technology Peers This Year? – Nasdaq” with publication date: November 06, 2019.

Match Group, Inc. provides dating products. The company has market cap of $20.13 billion. The firm operates in two divisions, Dating and Non-dating. It has a 41.11 P/E ratio. It operates a portfolio of approximately 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24.

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