Match (MTCH, $113.51) disappoints in Q4 results
Match Group reported its fourth-quarter earnings, that fell short of analysts' expectations.
The dating app company incurred a loss of -$0.47 per share, compared to the Street expectations of earnings of $0.60 a share.
Revenue came in at $806 million in the quarter, below analysts’ expectation of $821 million. Total revenue per payer (RPP) rose +8% year over year to $16.16 million. RPP from the Americas, Europe, and APAC and Other increased 10%, 6% and 7%, respectively.
The company’s flagship brand, Tinder, had a +23% growth in revenues year-over-year. The app registered +22% growth over the year 2021.
Match Group projects first-quarter 2022 revenues to be in the range of $790-$800 million, indicating 18-20% growth from the prior-year quarter. This is below Zacks Consensus Estimate of $818.82 million.
The company expects adjusted operating income for the first quarter to be $260-$265 million.
For full year 2022, Match Group projects revenues to grow in the range of 15% to 20% from the year-earlier quarter.
MTCH in upward trend: 10-day moving average broke above 50-day moving average on January 06, 2025
The 10-day moving average for MTCH crossed bullishly above the 50-day moving average on January 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MTCH advanced for three days, in of 281 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 55 cases where MTCH's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MTCH as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
MTCH moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.
The 50-day moving average for MTCH moved below the 200-day moving average on December 26, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MTCH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: MTCH's P/B Ratio (103.093) is slightly higher than the industry average of (11.194). P/E Ratio (15.894) is within average values for comparable stocks, (48.888). Projected Growth (PEG Ratio) (0.455) is also within normal values, averaging (3.441). Dividend Yield (0.000) settles around the average of (0.026) among similar stocks. P/S Ratio (3.131) is also within normal values, averaging (19.660).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. MTCH’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MTCH’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 91, placing this stock better than average.
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General Information
a provider of dating products
Industry InternetSoftwareServices