Analysts’ Recent Ratings Updates for Match Group (MTCH)

Match Group (NASDAQ: MTCH) recently received a number of ratings updates from brokerages and research firms:

• 2/6/2025 – Match Group had its price target lowered by analysts at Barclays PLC from $53.00 to $52.00. They now have an “overweight” rating on the stock.
• 2/6/2025 – Match Group was downgraded by analysts at Evercore ISI from an “outperform” rating to an “inline” rating. They now have a $35.00 price target on the stock.
• 2/6/2025 – Match Group was downgraded by analysts at Hsbc Global Res from a “strong-buy” rating to a “hold” rating.
• 2/6/2025 – Match Group was downgraded by analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating.
• 2/6/2025 – Match Group had its price target lowered by analysts at Stifel Nicolaus from $36.00 to $35.00. They now have a “hold” rating on the stock.
• 2/6/2025 – Match Group had its price target raised by analysts at Morgan Stanley from $32.00 to $33.00. They now have an “equal weight” rating on the stock.
• 1/14/2025 – Match Group was downgraded by analysts at BTIG Research from a “buy” rating to a “neutral” rating.
• 1/13/2025 – Match Group had its price target raised by analysts at Morgan Stanley from $31.00 to $32.00. They now have an “equal weight” rating on the stock.

Match Group Trading Down 2.4 %

MTCH stock traded down $0.85 during mid-day trading on Wednesday, reaching $34.38. 1,202,735 shares of the stock traded hands, compared to its average volume of 4,371,818. The stock’s fifty day moving average is $33.20 and its 200-day moving average is $34.63. The company has a market cap of $8.63 billion, a P/E ratio of 17.02, a P/E/G ratio of 0.84 and a beta of 1.45. Match Group, Inc. has a 52-week low of $27.66 and a 52-week high of $38.84.

Match Group (NASDAQ:MTCH) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.22). Match Group had a negative return on equity of 574.22% and a net margin of 15.84%. Equities research analysts expect that Match Group, Inc. will post 2.44 earnings per share for the current year.

Match Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 3rd will be issued a $0.19 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.76 dividend on an annualized basis and a yield of 2.21%. Match Group’s dividend payout ratio is currently 37.62%.

Insider Buying and Selling

In related news, Director Stephen Bailey sold 801 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $31.61, for a total value of $25,319.61. Following the transaction, the director now owns 12,398 shares in the company, valued at approximately $391,900.78. This represents a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.77% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Match Group

Hedge funds have recently added to or reduced their stakes in the company. Venturi Wealth Management LLC grew its holdings in Match Group by 617.3% during the third quarter. Venturi Wealth Management LLC now owns 703 shares of the technology company’s stock valued at $27,000 after purchasing an additional 605 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new position in Match Group during the third quarter valued at approximately $31,000. Canada Post Corp Registered Pension Plan acquired a new position in Match Group during the fourth quarter valued at approximately $43,000. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Match Group by 30,240.0% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,517 shares of the technology company’s stock valued at $50,000 after purchasing an additional 1,512 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. acquired a new position in Match Group during the third quarter valued at approximately $57,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

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.