Match Group (MTCH) Set to Announce Quarterly Earnings on Tuesday

Match Group (NASDAQ:MTCH) will issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Match Group Stock Performance

MTCH opened at $31.93 on Monday. The company has a market capitalization of $8.56 billion, a PE ratio of 14.00, a P/E/G ratio of 0.51 and a beta of 1.43. The stock’s fifty day moving average is $33.97 and its 200-day moving average is $34.39. Match Group has a one year low of $27.85 and a one year high of $49.24.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Match Group from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Thursday, February 1st. StockNews.com upgraded shares of Match Group from a “hold” rating to a “buy” rating in a research report on Thursday. UBS Group increased their price objective on Match Group from $35.00 to $38.00 and gave the company a “neutral” rating in a research report on Friday, January 26th. Piper Sandler restated an “overweight” rating and issued a $45.00 target price on shares of Match Group in a report on Wednesday, March 27th. Finally, Raymond James initiated coverage on Match Group in a report on Thursday, April 4th. They issued a “market perform” rating on the stock. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $43.07.

About Match Group

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.