Vetr downgraded shares of Match Group (NASDAQ:MTCH) from a buy rating to a hold rating in a research report released on Thursday. Vetr currently has $37.10 price target on the technology company’s stock.

A number of other equities analysts also recently weighed in on MTCH. Bank of America boosted their target price on shares of Match Group from $35.00 to $40.00 and gave the stock a buy rating in a report on Friday, February 2nd. BMO Capital Markets reaffirmed a buy rating and set a $35.00 price objective on shares of Match Group in a research report on Friday, February 2nd. Zacks Investment Research cut shares of Match Group from a hold rating to a sell rating in a research report on Tuesday. Piper Jaffray Companies lifted their price objective on shares of Match Group to $40.00 and gave the stock an overweight rating in a research report on Monday. Finally, Jefferies Group lifted their price objective on shares of Match Group from $30.00 to $35.00 and gave the stock a buy rating in a research report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $36.32.

Shares of Match Group (NASDAQ:MTCH) traded up $0.26 on Thursday, reaching $33.86. 1,684,058 shares of the company were exchanged, compared to its average volume of 1,613,434. The firm has a market capitalization of $9,841.49, a P/E ratio of 29.29, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. Match Group has a fifty-two week low of $15.42 and a fifty-two week high of $36.84. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.92 and a current ratio of 0.92.

Match Group (NASDAQ:MTCH) last issued its earnings results on Tuesday, February 6th. The technology company reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.14). The firm had revenue of $379.00 million for the quarter, compared to analyst estimates of $362.86 million. Match Group had a return on equity of 25.34% and a net margin of 26.31%. Match Group’s quarterly revenue was up 28.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.29 earnings per share. analysts predict that Match Group will post 0.86 earnings per share for the current year.

In other Match Group news, Director Ann Mcdaniel sold 11,119 shares of the business’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $30.62, for a total transaction of $340,463.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 18.10% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in MTCH. Cubist Systematic Strategies LLC increased its stake in shares of Match Group by 499.8% in the second quarter. Cubist Systematic Strategies LLC now owns 6,400 shares of the technology company’s stock valued at $111,000 after buying an additional 5,333 shares during the period. Public Employees Retirement Association of Colorado boosted its holdings in Match Group by 211.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 3,584 shares of the technology company’s stock valued at $112,000 after acquiring an additional 2,434 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in Match Group by 2,627.7% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 3,737 shares of the technology company’s stock valued at $117,000 after acquiring an additional 3,600 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Match Group by 7.4% in the second quarter. The Manufacturers Life Insurance Company now owns 7,525 shares of the technology company’s stock valued at $131,000 after acquiring an additional 519 shares during the last quarter. Finally, Turner Investments LLC bought a new stake in Match Group in the third quarter valued at approximately $162,000. 20.33% of the stock is owned by institutional investors.

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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.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for Match Group (NASDAQ:MTCH)

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