Analyst Ratings for Match Group Inc. (MTCH)Updated: 2017-07-26
Match Group Inc. (NASDAQ:MTCH) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for MTCH last month.
Of the 17 analysts covering the stock, 12 gave it a buy rating, 0 gave an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for MTCH by the analysts covering the stock. The most optimistic price target was 23, which equates to a potential upside of 22.86 percent. The lowest price target was 15, implying a possible loss of -19.87 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -12.66 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -9.31 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
MTCH has an estimated earnings growth rate of -2.25 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. MTCH has a PEG ratio of -12.18.
MTCH has a 52-week high of 20.75 and a 52-week low of 14.32. The current market price is above the trailing year's low by 30.73 percent, and 9.78 percent below the high. MTCH has a price/earnings ratio of 27.4. Investors typically compare the P/E ratio to a company's peers in the industry. The MTCH value stock report compares MTCH to some of its peers using value stock charts. The stock has a market capitalization of $4.88 billion. MTCH will post this quarters earnings in days, on 0000-00-00.