Match Group (MTCH) Receives Daily Media Sentiment Score of 0.30

News stories about Match Group (NASDAQ:MTCH) have trended positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Match Group earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.0559410587661 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:

Match Group (NASDAQ:MTCH) traded up $0.34 during trading on Friday, reaching $32.64. The company’s stock had a trading volume of 876,807 shares, compared to its average volume of 1,115,469. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.40. The firm has a market capitalization of $8,915.52, a price-to-earnings ratio of 21.91, a P/E/G ratio of 3.02 and a beta of 0.76. Match Group has a one year low of $15.42 and a one year high of $33.08.

Match Group (NASDAQ:MTCH) last posted its quarterly earnings data on Tuesday, November 7th. The technology company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The business had revenue of $343.40 million during the quarter, compared to analyst estimates of $329.19 million. Match Group had a return on equity of 31.18% and a net margin of 34.06%. Match Group’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 EPS. equities analysts forecast that Match Group will post 0.62 EPS for the current year.

MTCH has been the topic of a number of research reports. Guggenheim upgraded Match Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 19th. Bank of America upped their price target on Match Group from $21.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, October 10th. Deutsche Bank reiterated a “buy” rating and issued a $33.00 price target on shares of Match Group in a research report on Wednesday, November 15th. Wells Fargo & Co reiterated a “buy” rating and issued a $29.00 price target (up from $21.00) on shares of Match Group in a research report on Thursday, October 19th. Finally, Cowen reiterated an “outperform” rating and issued a $28.00 price target (up from $22.00) on shares of Match Group in a research report on Friday, October 13th. Six research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Match Group presently has a consensus rating of “Buy” and a consensus price target of $32.77.

In other Match Group news, Director Ann Mcdaniel sold 11,119 shares of the business’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $30.62, for a total value of $340,463.78. The transaction was disclosed in a document filed with the SEC, which is available at this link. 18.10% of the stock is currently 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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