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 maximum price target given was 23, implying a possible profit of 22.86 percent. The most pessimistic price target was 15, which equates to a potential downside of -19.87 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -9.31 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of MTCH to grow at a rate of -2.25 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of MTCH is -12.18.
MTCH has a 52-week high of 20.75 and a 52-week low of 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 stock has a market capitalization of $4.88 billion. MTCH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.