News headlines about Match Group (NASDAQ:MTCH) have been trending somewhat positive on Friday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Match Group earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.8339993436471 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Match Group (NASDAQ:MTCH) traded down $0.99 during trading on Friday, hitting $28.41. 2,203,327 shares of the company’s stock traded hands, compared to its average volume of 1,430,129. The company has a market cap of $7,760.00 and a PE ratio of 51.69. Match Group has a 52 week low of $15.42 and a 52 week high of $32.87. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.40.

Match Group (NASDAQ:MTCH) last announced its quarterly earnings results on Tuesday, November 7th. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). Match Group had a net margin of 34.06% and a return on equity of 31.18%. The firm had revenue of $343.40 million during the quarter, compared to analyst estimates of $329.19 million. During the same period last year, the firm earned $0.23 EPS. Match Group’s quarterly revenue was up 19.4% on a year-over-year basis. research analysts forecast that Match Group will post 0.63 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on MTCH shares. Jefferies Group reissued a “buy” rating and set a $28.00 target price on shares of Match Group in a research report on Saturday, September 30th. UBS lifted their price objective on Match Group from $22.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, September 20th. BMO Capital Markets reaffirmed a “buy” rating and set a $21.00 price objective on shares of Match Group in a report on Wednesday, September 13th. Bank of America lifted their price objective on Match Group from $21.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, October 10th. Finally, Citigroup lifted their price objective on Match Group from $22.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, October 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company’s stock. Match Group currently has a consensus rating of “Buy” and a consensus target price of $30.89.

In related news, Director Ann Mcdaniel sold 11,119 shares of the company’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $30.62, for a total value of $340,463.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 18.10% of the stock is owned by insiders.

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About Match Group

Match Group, Inc, incorporated on February 13, 2009, is a provider of dating products. The Company operates in the Dating segment. The Dating segment consists of all of its dating businesses across the globe. As of March 31, 2017, the Company operated a portfolio of over 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet and LoveScout24, each designed to manage its users’ likelihood of finding a romantic connection.

Insider Buying and Selling by Quarter for Match Group (NASDAQ:MTCH)

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