Match Group, Inc. (NASDAQ:MTCH), might not be a large cap stock, but it received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$35.11 at one point, and dropping to the lows of US$29.34. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Match Group's current trading price of US$32.02 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Match Group's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
Is Match Group Still Cheap?
Good news, investors! Match Group is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. we find that Match Group's ratio of 13.01x is below its peer average of 24.74x, which indicates the stock is trading at a lower price compared to the Interactive Media and Services industry. What's more interesting is that, Match Group's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.
Can we expect growth from Match Group?
NasdaqGS:MTCH Earnings and Revenue Growth July 16th 2024
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Match Group's earnings over the next few years are expected to increase by 22%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
What This Means For You
Are you a shareholder? Since MTCH is currently below the industry PE ratio, it may be a great time to accumulate more of your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current price multiple.
Are you a potential investor? If you've been keeping an eye on MTCH for a while, now might be the time to make a leap. Its prosperous future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy MTCH. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.
If you want to dive deeper into Match Group, you'd also look into what risks it is currently facing. For example, we've discovered 2 warning signs that you should run your eye over to get a better picture of Match Group.
If you are no longer interested in Match Group, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
Match Group,Inc.(NASDAQ:MTCH)は大型株ではありませんが、過去数ヶ月間NASDAQGSでの価格変動に注目が集まっており、US$35.11に増加し、US$29.34に低下しました。株価の動きによっては、投資家が株に参入する良い機会を与え、低い価格で買うことができる可能性があります。現在の株価が実態に反映されているか、または割安であり私たちに買いの機会を提供しているかどうかの疑問があります。最新の財務データに基づいてMatch Groupの展望と価値を見て、価格変動のカタリストがあるかどうかを確認しましょう。
Match Groupはまだ安いのでしょうか?
投資家にとってうれしいお知らせです! Match Groupは、業界平均に対する会社の株価収益率を比較する当社の価格複数モデルによれば、まだお買い得です。この場合、株価収益率(PE)比率を使用しているため、株式のキャッシュフローを信頼性高く予測するための十分な情報がないためです。Match Groupの13.01倍の比率は、Interactive Media and Services業界の同業種平均値である24.74倍を下回っており、株価が低水準で取引されていることを示しています。さらに興味深いことに、Match Groupの株価は非常に変動が激しく、株価が今後下がる(または上がる)可能性があります。これは、市場全体に対する株価の動きを示すよい指標である高ベータに基づいています。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。