Match Group, Inc. (MTCH) Reaches $71.91 After 8.00% Up Move; Fossil Group Has 1.11 Sentiment | #blackpeoplemeet

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 1.95 million 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. Some Historical MTCH News: 08/05/2018 – Match Group: IAC’s Economic Ownership Interest 80.9% at March 31; 08/05/2018 – Match Group 1Q EPS 33c; 15/05/2018 – Match Group Presenting at JPMorgan Conference Tomorrow; 12/05/2018 – Match Group says Facebook’s new dating feature will have “no negative impact on Tinder.” “[People don’t] want to mix Facebook with their dating lives,” says Match CEO Mandy Ginsberg; 29/03/2018 – Dating app Bumble sues rival Match Group; 08/05/2018 – Match Group says Facebook’s new dating feature will have ‘no negative impact on Tinder’ “[People don’t] want to mix Facebook with their dating lives,” says Match CEO Mandy Ginsberg; 16/03/2018 – Tinder’s parent company Match Group is suing dating app Bumble for patent infringement; 10/05/2018 – MATCH GROUP INC MTCH.O : BARCLAYS RAISES TARGET PRICE TO $39 FROM $37; 09/05/2018 – IAC quarterly profit surges on Match, ANGI Homeservices strength; 08/05/2018 – MATCH GROUP – RAISES FY REV OUTLOOK BY $100 MLN, PRIMARILY DUE TO TINDER EXCEEDING CO’S EXPECTATIONSThe move comes after 8 months positive chart setup for the $20.00B company. It was reported on Dec, 14 by Barchart.com. We have $77.66 PT which if reached, will make NASDAQ:MTCH worth $1.60B more.

Fossil Group Inc (FOSL) investors sentiment decreased to 1.11 in 2019 Q3. It’s down -0.16, from 1.27 in 2019Q2. The ratio dived, as 71 active investment managers increased and opened new positions, while 64 cut down and sold their stakes in Fossil Group Inc. The active investment managers in our database now have: 48.69 million shares, down from 51.44 million shares in 2019Q2. Also, the number of active investment managers holding Fossil Group Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 19 Reduced: 45 Increased: 44 New Position: 27.

Match Group, Inc. provides dating products. The company has market cap of $20.00 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.

More notable recent Match Group, Inc. (NASDAQ:MTCH) news were published by: Nasdaq.com which released: “Better Buy: iQiyi vs. Match – Nasdaq” on December 14, 2019, also Nasdaq.com with their article: “Why Is Match Group (MTCH) Up 1.4% Since Last Earnings Report? – Nasdaq” published on December 05, 2019, Nasdaq.com published: “Bumble’s Change in Ownership Might Spell Trouble for Match Group – Nasdaq” on November 15, 2019. More interesting news about Match Group, Inc. (NASDAQ:MTCH) were released by: Nasdaq.com and their article: “MTCH Makes Notable Cross Below Critical Moving Average – Nasdaq” published on December 02, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hedge Funds Have Never Been This Bullish On Match Group (MTCH) – Yahoo Finance” with publication date: November 28, 2019.

Analysts await Match Group, Inc. (NASDAQ:MTCH) to report earnings on February, 5. They expect $0.46 EPS, up 17.95% or $0.07 from last year’s $0.39 per share. MTCH’s profit will be $127.94 million for 39.08 P/E if the $0.46 EPS becomes a reality. After $0.51 actual EPS reported by Match Group, Inc. for the previous quarter, Wall Street now forecasts -9.80% negative EPS growth.

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 firm has “Buy” rating given on Thursday, September 5 by SunTrust. The stock has “Buy” rating by Nomura on Thursday, November 7. The rating was maintained by JP Morgan with “Neutral” on Friday, November 8. The company was upgraded on Monday, October 7 by Deutsche Bank. The rating was maintained by Nomura on Thursday, August 8 with “Neutral”. On Thursday, August 8 the stock rating was maintained by BMO Capital Markets with “Market Perform”. UBS downgraded it to “Neutral” rating and $9500 target in Thursday, August 8 report. As per Thursday, November 7, the company rating was upgraded by UBS. The rating was upgraded by Nomura on Monday, October 7 to “Buy”. As per Thursday, November 7, the company rating was maintained by Barclays Capital.

Contrarius Investment Management Ltd holds 3.56% of its portfolio in Fossil Group, Inc. for 4.81 million shares. Winslow Asset Management Inc owns 384,207 shares or 1.2% of their US portfolio. Moreover, Ancient Art L.P. has 0.78% invested in the company for 375,677 shares. The Connecticut-based Matarin Capital Management Llc has invested 0.74% in the stock. Edgestream Partners L.P., a New Jersey-based fund reported 136,880 shares.

Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories. The company has market cap of $381.00 million. The companyÂ’s principal products include a line of men’s and women’s fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, and soft accessories. It has a 188.75 P/E ratio. It offers its products under its proprietary brands, such as FOSSIL, MICHELE, MISFIT, RELIC, SKAGEN, and ZODIAC, as well as under the licensed brands, including ADIDAS, ARMANI EXCHANGE, BURBERRY, CHAPS, DIESEL, DKNY, EMPORIO ARMANI, KARL LAGERFELD, KATE SPADE NEW YORK, MARC JACOBS, MICHAEL KORS, and TORY BURCH.

More notable recent Fossil Group, Inc. (NASDAQ:FOSL) news were published by: Nasdaq.com which released: “Options Traders Expect Huge Moves in Fossil Group (FOSL) Stock – Nasdaq” on December 13, 2019, also Nasdaq.com with their article: “Bear of the Day: Fossil (FOSL) – Nasdaq” published on November 20, 2019, Finance.Yahoo.com published: “Is Fossil Group Inc (FOSL) Going To Burn These Hedge Funds ? – Yahoo Finance” on December 10, 2019. More interesting news about Fossil Group, Inc. (NASDAQ:FOSL) were released by: Nasdaq.com and their article: “Fossil Group (FOSL) Earnings Expected to Grow: Should You Buy? – Nasdaq” published on October 30, 2019 as well as Nasdaq.com‘s news article titled: “Fossil Group (FOSL) Reports Q3 Loss, Misses Revenue Estimates – Nasdaq” with publication date: November 06, 2019.

The stock decreased 2.71% or $0.21 during the last trading session, reaching $7.55. About 1.56M shares traded or 15.48% up from the average. Fossil Group, Inc. (FOSL) has declined 60.64% since December 14, 2018 and is downtrending. It has underperformed by 60.64% the S&P500. Some Historical FOSL News: 08/05/2018 – Fossil Group 1Q Loss/Shr 99c; 25/04/2018 – Puma Signs Partnership With Fossil Group for Watches; 24/05/2018 – FOSSIL GROUP INC – WITH BELGYA’S ELECTION, CO’S BOARD CONSISTS OF 9 MEMBERS; 14/03/2018 RIATA CAPITAL GROUP NAMES FOSSIL GROUP’S ERIC ANDERSON CEO; 08/05/2018 – Fossil Group Sees 2Q Loss Before Income Taxes of $50M to Loss $30M; 24/05/2018 – Mark R. Belgya Elected to Fossil Group, Inc. Board of Directors; 15/05/2018 – Scge Management Buys New 1.3% Position in Fossil; 25/04/2018 – Fossil Group and PUMA Sprinting into Watches and Wearables; 25/04/2018 – FOSSIL GROUP INC FOSL.O – AGREEMENT FOR DESIGN, DEVELOPMENT AND DISTRIBUTION OF PUMA WATCHES AND SMARTWATCHES THROUGH 2028; 08/05/2018 – Fossil Group Sees 2018 Net Sales in Down 12% to Down 5%

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.


Source link