Fintel reports that on May 4, 2023, Loop Capital maintained coverage of Match Group Inc. - (NASDAQ:MTCH) with a Hold recommendation.
Analyst Price Forecast Suggests 83.36% Upside
As of April 24, 2023, the average one-year price target for Match Group Inc. - is 61.55. The forecasts range from a low of 40.40 to a high of $99.75. The average price target represents an increase of 83.36% from its latest reported closing price of 33.57.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Match Group Inc. - is 3,513MM, an increase of 10.56%. The projected annual non-GAAP EPS is 2.10.
What is the Fund Sentiment?
There are 1373 funds or institutions reporting positions in Match Group Inc. -. This is a decrease of 25 owner(s) or 1.79% in the last quarter. Average portfolio weight of all funds dedicated to MTCH is 0.26%, a decrease of 2.70%. Total shares owned by institutions decreased in the last three months by 0.64% to 321,495K shares. 
The put/call ratio of MTCH is 1.03, indicating a bearish outlook.
What are Other Shareholders Doing?
Edgewood Management holds 15,879K shares representing 5.68% ownership of the company. In it's prior filing, the firm reported owning 18,394K shares, representing a decrease of 15.84%. The firm decreased its portfolio allocation in MTCH by 23.51% over the last quarter.
Price T Rowe Associates holds 12,126K shares representing 4.34% ownership of the company. In it's prior filing, the firm reported owning 12,762K shares, representing a decrease of 5.24%. The firm decreased its portfolio allocation in MTCH by 18.94% over the last quarter.
EGFIX - Edgewood Growth Fund Institutional Class Shares holds 8,648K shares representing 3.10% ownership of the company. In it's prior filing, the firm reported owning 10,156K shares, representing a decrease of 17.44%. The firm decreased its portfolio allocation in MTCH by 19.73% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 8,498K shares representing 3.04% ownership of the company. In it's prior filing, the firm reported owning 8,450K shares, representing an increase of 0.57%. The firm decreased its portfolio allocation in MTCH by 19.30% over the last quarter.
Flossbach Von Storch holds 8,110K shares representing 2.90% ownership of the company. In it's prior filing, the firm reported owning 8,094K shares, representing an increase of 0.20%. The firm increased its portfolio allocation in MTCH by 2.14% over the last quarter.
Match Group Background Information
(This description is provided by the company.)
Match Group, through its portfolio companies, is a leading provider of dating products available in over 40 languages to our users all over the world. Its portfolio of brands includes Tinder, Match, PlentyOfFish, Meetic , OkCupid, OurTime, Pairs, and Hinge, as well as a number of other brands, each designed to increase users' likelihood of finding a meaningful connection. Through its portfolio companies and their trusted brands, they provide tailored products to meet the varying preferences of our users.
See all Match Group Inc. - regulatory filings.This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
