Match Stock Gains After Letter From Activist Investor
Match Stock Gains After Letter From Activist Investor
Match Group, Inc. (NASDAQ:MTCH) shares are trading higher Tuesday after activist-investment fund Starboard Value sent a letter to the company outlining initiatives for improving growth, profitability and capital allocation.
Match Group，Inc.（纳斯达克：MTCH）股票在本周二交易所上涨，此前，激进投资基金Starboard Value向公司发出一封信，列出了提高增长、盈利能力和资本配置的计划。
The Details:
细节：
Starboard Value sent a letter to Match Group's CEO, CFO, president and board of directors regarding actionable opportunities for enhancing shareholder value. Starboard Value holds a 6.6% stake in the company, making it the third-largest shareholder.
Starboard Value向Match Group的首席执行官、首席财务官、总裁和董事会发送了一封信，阐述了增强股东价值的可行机会。Starboard Value拥有该公司6.6%的股份，是第三大股东。
Starboard said in the letter that Match Group should concentrate on enhancing Tinder, which contributes more than half of the company's total revenue, through product innovation and cost reductions. Starboard also sees potential in the Hinge business and Match Group's other emerging apps.
Starboard在信中表示，Match Group应集中精力通过产品创新和成本降低提高Tinder业务的贡献，该业务贡献了公司总收入的一半以上。Starboard还看好Hinge业务和Match Group的其他新兴应用程序的潜力。
Additionally, Starboard advocated for more aggressive share buybacks by Match Group. If these changes are not implemented successfully, Starboard suggested that Match Group should consider going private.
此外，Starboard提倡Match Group进行更积极的股票回购。如果这些变革不能成功实施，Starboard建议Match Group考虑私有化。
Match Group shares have declined by approximately 12% year-to-date. The company reported its first quarter results in May with revenue of$787.12 million, missing the consensus of $793.87 million and representing a 2% decline from the same period last year.
Match Group股票今年以来已经下跌了约12%。该公司在5月份公布了其第一季度业绩，营业收入为7.8712亿美元，未能达到79.387亿美元的共识，并比去年同期下降了2%。
According to data from Benzinga Pro, Match Group shares are moving on heavy volume Tuesday and trading above the stock's 50-day moving average of $30.79.
根据Benzinga Pro的数据，Match Group股票在周二的交易量较大，并且交易价格高于该股票的50日移动平均价30.79美元。
Will MTCH Stock Go Up?
MTCH股票会上涨吗？
When trying to assess whether or not Match Group will trade higher from current levels, it's a good idea to take a look at analyst forecasts.
在试图判断Match Group是否会从当前水平上涨时，查看分析师预测是一个好主意。
Wall Street analysts have an average 12-month price target of $37.92 on Match Group. The Street high target is currently at $46 and the Street low target is $30. Of all the analysts covering Match Group, 8 have positive ratings, 4 have neutral ratings and no one has negative ratings.
华尔街分析师对Match Group有一个平均的12个月目标价格为37.92美元的预测。最高目标现在是46美元，最低目标是30美元。所有研究Match Group的分析师中，有8个为正面评级，4个为中性评级，没有人为负面评级。
In the last month, 3 analysts have adjusted price targets. Here's a look at recent price target changes [Analyst Ratings]. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Match Group have performed in recent history.
在过去的一个月中，有3名分析师调整了价格目标。这里可以看到最近的价格目标变化[分析师评级]。Benzinga还跟踪华尔街最准确的分析师。查看最近历史中研究Match Group的分析师的表现。
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Match Group is 28.53% down year-to-date. The average analyst price target suggests the stock could have further upside ahead.
股票并不一定沿直线运动。平均股票市场回报约为每年10%。Match Group今年已下跌28.53%。平均分析师价格预测表明该股票有进一步上涨的可能。
For a broad overview of everything you need to know about Match Group, visit here. If you want to go above and beyond, there's no better tool to help you do just that than Benzinga Pro. Start your free trial today.
想要了解有关Match Group的所有内容，请访问此处。如果你想超越，并了解更多信息，那么没有比Benzinga Pro更好的工具来帮助你做到这一点了。立即开始免费试用。
MTCH Price Action: According to Benzinga Pro, Match Group shares are up 8.65% at $34.79 at the time of publication Tuesday.
MTCH股票行情：据Benzinga Pro称，Match Group股票截至周二发布时上涨8.65%，交易价格为34.79美元。
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Image: Pixabay
图片：Pixabay