Match Group (MTCH) Given News Impact Rating of 0.32

News coverage about Match Group (NASDAQ:MTCH) has been trending positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Match Group earned a media sentiment score of 0.32 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 44.8099853323515 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the media headlines that may have effected Accern Sentiment’s rankings:

A number of equities research analysts have commented on the company. BidaskClub cut Match Group from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. Jefferies Group reissued a “buy” rating and set a $28.00 price target on shares of Match Group in a report on Saturday, September 30th. BMO Capital Markets raised their price target on Match Group from $30.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, November 9th. Piper Jaffray Companies reissued an “overweight” rating and set a $33.00 price target (up from $28.00) on shares of Match Group in a report on Wednesday, November 8th. Finally, Evercore ISI assumed coverage on Match Group in a report on Tuesday, December 5th. They set an “outperform” rating and a $34.00 price target on the stock. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $31.09.

Match Group (MTCH) traded up $0.22 on Thursday, reaching $31.91. The company had a trading volume of 1,146,192 shares, compared to its average volume of 1,430,429. The stock has a market capitalization of $8,421.12, a price-to-earnings ratio of 52.25, a P/E/G ratio of 3.99 and a beta of 0.77. Match Group has a 12 month low of $15.42 and a 12 month high of $32.87. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.40.

Match Group (NASDAQ:MTCH) last released its quarterly earnings results on Tuesday, November 7th. The technology company reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.02). The company had revenue of $343.40 million during the quarter, compared to analysts’ expectations of $329.19 million. Match Group had a return on equity of 31.18% and a net margin of 34.06%. The company’s revenue was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.23 EPS. analysts predict that Match Group will post 0.62 earnings per share for the current year.

In related news, Director Ann Mcdaniel sold 11,119 shares of Match Group stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $30.62, for a total value of $340,463.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 18.10% of the company’s stock.

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Match Group Company Profile

Match Group, Inc, incorporated on February 13, 2009, is a provider of dating products. The Company operates in the Dating segment. The Dating segment consists of all of its dating businesses across the globe. As of March 31, 2017, the Company operated a portfolio of over 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet and LoveScout24, each designed to manage its users’ likelihood of finding a romantic connection.

Insider Buying and Selling by Quarter for Match Group (NASDAQ:MTCH)

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