For its second fiscal quarter (ending June 30), Match Group Inc (NASDAQ: MTCH) has reported E.P.S. of $0.50 compared to $0.49 a year ago. E.P.S. were $2.40 for the latest four quarters through June 30 versus $1.70 for the same period a year ago.
Recent Price Action
On 7/30/24, Match Group Inc (NASDAQ: MTCH) stock increased 1.5%, closing at $33.69. However, this advance was accompanied by below average trading volume at 79% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.1% during the last week.
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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