Match Group Inc. (IAC) saw an uptrend of 0.87% in the recent, registering $118.96 being its most recent bid. The distance of current price level is -13.78% lower than the highest price of $137.97 marked by the stock while trading over the past 52-weeks, whereas it is 234.36% higher than the lowest price of $35.58 the company dropped to over past 52-weeks. The latest news story on IAC appeared in Bloomberg under the title “Google Tries to Find an App Store Fix After Fortnite Rift” on Sep-28-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -13.78% below one month high and is +6.21% above of the lowest during that time. Looking into the simple moving average, Match Group Inc. (IAC)’s stock is currently standing at a SMA-50 of $126.35 while that of 5-day is reading $116.08.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Match Group Inc. (IAC) releasing its most recent results for the quarter ended 6/29/2020 posted a surprise factor of -153.30% for net revenue.
Looking into the perspective of Match Group Inc. (NASDAQ:IAC)’s current quarter earnings identifies that analysts are in consensus over the estimate of 2.12 for stock’s EPS in the current quarter. 17 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -1.13.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 85.13 million of IAC’s outstanding shares. That indicates a holding of about 85.20% or $88387.28 of worth by institutional holders in the company.
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, IAC declared 2,000 shares have been sold in 1 insider transactions over the past three months.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the Match Group Inc. And review of current evaluations agreed by the analysts discloses a Buy rating for IAC. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.70 for the stock. Lower value of between 1 and 2 implies a Buy recommendation whereas the value in the range of above 4 suggests Hold while below 1 recommends the investors to Sell the stock. Currently, the stock has been recommended as Strong Buy by 21 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Match Group Inc. has a debt to equity ratio of 0.05.
Company attained a return on equity (ROE) of -5.40% in past 12 months against the same posted by peer companies of the relevant industry. The rising figure indicates that IAC came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Internet Content & Information industry and with the broader scale at the Communication Services sector level shows that industry’s average ROE is 3.57.