Match Group Inc (NASDAQ: MTCH) has reported E.P.S. of $0.46 for its first fiscal quarter (ending March 31) versus $0.43 for the same period a year ago — an increase of 7%. Relative to the consensus estimate of $0.75, this was a shortfall of $-0.29. For the latest four quarters through March 31, E.P.S. were $2.39 compared to $1.09 a year ago — an increase of 119%.
Recent Price Action
Match Group Inc (NASDAQ: MTCH) stock closed at $31.51 on 5/7/24 after a decline of -2.3%. Moreover, trading volume in this decline was unusually high at 168% of normal. The stock is unchanged during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MTCH is expected to be an important Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Match Group is currently unrated.
Rating Review
The stock is currently unrated.
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