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.
Many analysts weighed in on price targets for MTCH. 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -12.66 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of MTCH to grow at a rate of -2.25 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MTCH is -12.18.
In the trailing 52-weeks, MTCH hit 20.75 at the highest peak, while it's lowest trading point was 14.32. Today's price is 30.73 percent above the 52-week low, and below the high by 9.78 percent. 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 market cap of MTCH is $4.88 billion. MTCH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.