On Friday, Match Group Inc (NASDAQ: MTCH) opened higher 0.06% from the last session, before settling in for the closing price of $32.72. Price fluctuations for MTCH have ranged from $27.66 to $39.91 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 13.43% annually for the last half of the decade. Company’s average yearly earnings per share was noted -13.50% at the time writing. With a float of $249.47 million, this company’s outstanding shares have now reached $253.96 million.
In an organization with 2620 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 69.61%, operating margin of 24.68%, and the pretax margin is 20.98%.
Match Group Inc (MTCH) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Match Group Inc is 0.65%, while institutional ownership is 107.08%. The most recent insider transaction that took place on Nov 22 ’24, was worth 25,320. In this transaction Director of this company sold 801 shares at a rate of $31.61, taking the stock ownership to the 12,398 shares. Before that another transaction happened on Mar 01 ’24, when Company’s Chief Bus. Affairs & Leg. Off. sold 500 for $36.05, making the entire transaction worth $18,025. This insider now owns 54,009 shares in total.
Match Group Inc (MTCH) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 7.04% growth over the previous five years of trading.
Match Group Inc (NASDAQ: MTCH) Trading Performance Indicators
Check out the current performance indicators for Match Group Inc (MTCH). In the past quarter, the stock posted a quick ratio of 2.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.36. Likewise, its price to free cash flow for the trailing twelve months is 9.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.24, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 2.16 in one year’s time.
Technical Analysis of Match Group Inc (MTCH)
Let’s dig in a bit further. During the last 5-days, its volume was 4.04 million. That was better than the volume of 3.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.59%. Additionally, its Average True Range was 0.98.
During the past 100 days, Match Group Inc’s (MTCH) raw stochastic average was set at 31.63%, which indicates a significant decrease from 65.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.39% in the past 14 days, which was lower than the 41.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.28, while its 200-day Moving Average is $33.53. However, in the short run, Match Group Inc’s stock first resistance to watch stands at $33.13. Second resistance stands at $33.52. The third major resistance level sits at $33.86. If the price goes on to break the first support level at $32.40, it is likely to go to the next support level at $32.06. The third support level lies at $31.67 if the price breaches the second support level.
Match Group Inc (NASDAQ: MTCH) Key Stats
There are currently 251,091K shares outstanding in the company with a market cap of 8.22 billion. Presently, the company’s annual sales total 3,365 M according to its annual income of 651,540 K. Last quarter, the company’s sales amounted to 895,480 K and its income totaled 136,470 K.
