Match Group (MTCH) to Release Quarterly Earnings on Wednesday

Match Group (NASDAQ:MTCH) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect Match Group to post earnings of $0.46 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Match Group Trading Down 0.9 %

NASDAQ MTCH opened at $35.69 on Monday. The business has a fifty day simple moving average of $36.96 and a 200 day simple moving average of $33.90. Match Group has a 12 month low of $27.66 and a 12 month high of $42.42. The firm has a market capitalization of $9.20 billion, a P/E ratio of 15.52, a PEG ratio of 0.75 and a beta of 1.51.

Analysts Set New Price Targets

Several analysts have recently commented on MTCH shares. StockNews.com downgraded shares of Match Group from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. Truist Financial lifted their target price on shares of Match Group from $33.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Royal Bank of Canada upped their target price on Match Group from $33.00 to $47.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Citigroup lifted their price target on Match Group from $33.00 to $39.00 and gave the stock a “neutral” rating in a report on Thursday, August 1st. Finally, Morgan Stanley reduced their price objective on Match Group from $34.00 to $33.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 10th. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Match Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.58.

Match Group Company Profile

Match Group, Inc engages in the provision of dating products. Its portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and Hakuna, as well as a various other brands, each built to increase users' likelihood of connecting with others. Its services are available in over 40 languages to users worldwide.