|Bid||40.00 x 900|
|Ask||44.25 x 900|
|Day's range||42.70 - 44.11|
|52-week range||16.57 - 48.65|
|PE ratio (TTM)||30.44|
|Earnings date||30 Jul 2018 - 3 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||43.00|
Match Group (MTCH) deserves a place in investor's portfolio. Tinder is the primary catalyst behind the companys year-over-year revenue growth.
NEW YORK, June 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Och-Ziff ...
Shares of Match Group Inc. are up 2.4% in premarket trading after Jefferies analyst Brent Thill upgraded the stock back to buy, roughly a month after Facebook Inc.'s announcement of its own dating product prompted Thill to cut his rating on Match shares to hold. "Although we don't anticipate the FB feature to launch until mid-summer, we are upgrading now because our research points to a minimal long-term impact," wrote Thill, who raised his price target to $50 from $40. "We believe that the portfolio approach is a big advantage for Match, enabling them to target different demographics and needs," Thill wrote.
Akamai (AKAM) is expected to benefit from solid cloud security solutions growth driven by solid demand for Kona Site Defender and Prolexic Solutions.
Just last month, at Facebook's annual F8 event, the company announced it would be rolling out a new dating feature. A fairly bold move as the social network tries to win back public trust over how the ...
Market history shows the best stocks often have a 95 or higher Composite Rating in the early stages of a big price move. The stories below show which top stocks have just reached that telltale stock ratings benchmark.
Some investors fled in fear of the social media giant's further encroachment into dating, but Match believes daters will give Facebook a thumbs down.
The online-dating specialist responded to fears of competition with impressive results and provided color about what the future holds.
The global market for online dating services—about 500 million people—is expected to reach 672 million by 2019, according to research by Jefferies. The business has been lucrative for the biggest player, InterActiveCorp and its listed subsidiary, Match Group, which owns Tinder, OkCupid and Match.com. IAC and Match just offered a strong retort, posting first-quarter earnings that beat analysts’ expectations.
Zacks Investment Ideas feature highlights: Match Group, InterActive, Facebook, ANGI and Homeservices
Match Group Inc.'s stock is up 5.4% in Thursday afternoon trading after UBS analyst Eric Sheridan upgraded shares of the online-dating pioneer to buy from neutral. Match reported better-than-expected quarterly results on Tuesday afternoon and its management downplayed the threat posed by Facebook Inc. , which recently announced that it would be entering the dating category. "Despite Facebook's recent product announcement, we see the scaled assets of user momentum, profit dollars for marketing efficiency on a global scale & FCF generation to drive M&A as now being heavily discounted by the market versus just a few months ago," Sheridan wrote.
Strong growth in dating and home services helped media company IAC/InterActiveCorp. IAC (IAC) on Wednesday reported revenue of $995.1 million, up from $760.8 a year earlier, and earnings per share of 71 cents, up from 29 cents a year earlier. The biggest contributors to the company’s revenue were its stakes in Match Group Inc. (MTCH) and Angi Homeservices Inc. (ANGI).
Roku stock is up 73 cents, or 2%, at $36.81, in late trading, after the company reported Q1 revenue rose 37%, year over year, to $136.6 million, yielding a net loss of 7 cents, topping consensus for $128 million and negative 16 cents a share. The outlook for this quarter’s revenue is also higher, and the company raised its outlook for the full year from its prior forecast.