Match Group Intrinsic Value Calculation – Match Group Gaps Up Following Insider Buying Activity

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Match Group ($NASDAQ:MTCH), Inc. saw a jump in premarket trading on Thursday, which was attributed to insider buying activity. Match Group is an online dating conglomerate that owns and operates some of the world’s most popular dating platforms, including Tinder, Match.com, Hinge, OkCupid and Plenty of Fish. The company’s stock price has been on an overall uptrend over the past year, and the Thursday jump comes as a result of recent insider buying activity by members of the company’s executive team. This combined with positive news on the company’s overall performance has investors feeling optimistic about the future of Match Group Inc.

Market Price

On Friday, Match Group Inc. (MATCH) witnessed a surge in its stock prices following buying activity by insiders. The stock opened at $38.3 and closed at $39.0, up by 2.5% from its last closing price of $38.0. The activity was seen as a sign of confidence in the company’s future prospects and created optimism among investors. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Match Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Match Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Match Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Match Group are shown below. More…

Analysis – Match Group Intrinsic Value Calculation

At GoodWhale, we recently conducted an analysis of MATCH GROUP‘s wellbeing. After examining all the relevant data and applying our proprietary Valuation Line, we determined that the fair value of a MATCH GROUP share is around $107.9. This presents an attractive opportunity for investors to acquire MATCH GROUP shares at a discounted price. More…

Peers

– Baltic Classifieds Group PLC ($LSE:BCG)

Baltic Classifieds Group PLC is a leading digital classifieds business in the Baltic and Nordic region. The company operates some of the region’s most popular and successful websites, including Skelbiu, Osta.ee and City24. It has a market capitalization of 670.58M as of 2022. Its Return on Equity (ROE) is 4.84%, which is an indicator of the company’s performance and ability to generate profits from its shareholders’ investments. The company continues to grow through acquisitions and expansion into new markets, as well as developing new products and services for its customers.

– Bylog Group Corp ($OTCPK:BYLG)

Darelle Online Solutions Inc is a software development and technology consulting firm headquartered in California. It has a market cap of 552.81k as of 2022, which reflects its financial performance and potential for further growth. The company’s Return on Equity (ROE) stands at 11.04%, which is an impressive figure that highlights the efficiency of capital management within the firm. Darelle Online Solutions Inc specializes in offering IT solutions to organizations in the fields of e-commerce, automation, analytics, cloud computing, and more. The company has a talented and experienced team of specialists that are dedicated to providing high-quality services and products.

Summary

Match Group Inc. is a provider of online dating services that saw a surge in activity prior to Thursday’s market open, likely due to insider buying activity. Analysts have generally viewed the stock positively, with many viewing its growth potential in the online dating industry as a key indicator of its performance. The company’s recent acquisitions of OkCupid and Hinge have also been viewed favorably, increasing its hold in the market and providing additional revenue streams. With Match Group’s strong fundamentals combined with its relatively low risk profile and attractive valuation, it is a solid investment opportunity for those seeking long term growth.