4MGN trade ideas
Good Entry for MatchI see this as a low risk entry. Match has a history of checking up at support after the green 9s.
MTCH possible head and shoulders, high short interestMATCH possible head and shoulders on daily chart, high short interest at 45%. Below $69.9 would enter short with puts. The lawsuit is over fake accounts duping customers into buying subscription. This was similar to $meet stock couple years ago, where they had fake accounts or rumour of using site for sex workers. My stocktwits @hockeysniper
Possible 20%+ Return on MTCHMTCH has been on a strong upward trend for the past several month. Online dating is a service that has been growing and Match.com is one of the best competitors in this industry. Good long term hold, but also easy 20% return over the next couple weeks.
MTCH - trade setupFB just came out with a dating app, so MTCH is getting hit hard today. I would not touch this stock (either way) unless we break or bounce off this support here. Still to early to see what investors think about this competition. Just set your alert and see if it comes in
Lots of gains to be lost hereFacebook is coming out with a dating service, and this stock has been one of the best gainers this year.
One more pump til it goes to sleepThis is one scenario but it's a short it scenario.
Trying to time the top can be dangerous so can also sit out, let it prove itself and die, and then buy the blood.
Going long at green box :::)
"MTCH" testing the resistanceMTCH looking to test 75.13 res level.
Double bottom pattern is about to be completed that leads to break out
if breaks above add another 6% for the target price.
TP = 75*(1+0.06)
Match Group, Inc. (MTCH)Day's Range 67.19 - 68.77
52 Week Range 33.30 - 75.28
Volume 1,206,949
Avg. Volume 1,744,784
Market Cap 18.911B
Beta (3Y Monthly) 0.18
PE Ratio (TTM) 39.71
EPS (TTM) 1.69
Earnings Date Aug 5, 2019 - Aug 9, 2019
Forward Dividend & Yield N/A (N/A)
Ex-Dividend Date 2018-12-04
1y Target Est 68.59
Index - P/E 39.25 EPS (ttm) 1.71 Insider Own 23.40% Shs Outstand 285.14M Perf Week 0.72%
Market Cap 19.18B Forward P/E 33.77 EPS next Y 1.99 Insider Trans -0.70% Shs Float 53.39M Perf Month -3.44%
Income 498.30M PEG 2.41 EPS next Q 0.40 Inst Own 90.60% Short Float 38.51% Perf Quarter 18.83%
Sales 1.79B P/S 10.73 EPS this Y 5.70% Inst Trans 1.52% Short Ratio 11.87 Perf Half Y 57.84%
Book/sh 0.52 P/B 129.37 EPS next Y 16.63% ROA 22.80% Target Price 68.59 Perf Year 80.49%
Cash/sh 0.79 P/C 85.29 EPS next 5Y 16.27% ROE 136.20% 52W Range 31.69 - 75.28 Perf YTD 57.28%
Dividend - P/FCF 35.66 EPS past 5Y 25.50% ROI 32.60% 52W High -10.64% Beta 0.28
Dividend % - Quick Ratio 1.10 Sales past 5Y 16.60% Gross Margin 75.60% 52W Low 112.25% ATR 2.71
Employees 1400 Current Ratio 1.10 Sales Q/Q 14.00% Oper. Margin 31.30% RSI (14) 47.41 Volatility 4.93% 3.96%
Optionable Yes Debt/Eq 11.11 EPS Q/Q 24.20% Profit Margin 28.00% Rel Volume 1.01 Prev Close 68.23
Shortable Yes LT Debt/Eq 11.11 Earnings Aug 06 AMC Payout 0.00% Avg Volume 1.73M Price 67.27
Recom 2.50 SMA20 -3.69% SMA50 -0.19% SMA200 24.08% Volume 1,750,006 Change -1.41%
When it comes to online dating, Match Group (NASDAQ: MTCH) has no equal. The company owns a growing collection of dating apps that span the globe, including Match, Tinder, OkCupid, PlentyOfFish, and Hinge, as well as dozens of others.
But make no mistake: Tinder is the biggest contributor to the company's growth and financial success. Tinder subscribers increased by 384,000 during the first quarter, growing its rolls to a whopping 4.7 million, up more than 1.3 million and 36% year over year. However, as Tinder's soaring subscriber growth has begun to diminish in the U.S., Match is looking to Asia to spur the next stage of its growth.
(Holding) hands across the water
Match recently announced that the company had realigned its management team to focus on opportunities in the Asia Pacific region. In fact, Asia was mentioned 31 times during the company's first-quarter conference call.
In recent months, Match has seen success in India, not only by promoting Tinder but also by billing OKCupid as a complementary alternative. That strategy is paying off, as downloads of OKCupid grew 600% year over year in the first quarter, becoming one of the top dating apps in the country with minimal investment.
Lather. Rinse. Repeat.
Match CEO Mandy Ginsberg said the company will leverage that successful template in its approach to other Asian markets. Tinder is still the breadwinner, however, as it's one of the top 10 grossing apps across six countries in Southeast Asia.
Another strategy the company is employing is to address the issue of mobile data usage, which still comes at a premium in some countries. Match developed an alternate version of its most popular product, dubbed Tinder Lite, which is smaller, easier to download, and less data-intensive than the full-fledged version.
Then there's price elasticity
Investors may recall that it took some time before Match attempted to monetize Tinder. One of the first big steps the company took on that journey was the introduction of Tinder Gold, the dating app's premium subscription tier that lets users see who has liked them -- without all the swiping. The company continues to roll out new premium features that it believes will give users more reasons to use Tinder and to use it more often. These upgrades were big moneymakers -- Tinder's revenue topped $800 million last year.
Match also recently embarked on a comprehensive evaluation of the company's global pricing strategy. Match plans to begin testing price elasticity on a market-by-market basis as Ginsberg believes there's an opportunity to increase the prices, particularly in areas with the highest per-capita income.
A large and growing opportunity
That's not to say there aren't challenges ahead. Online dating has been growing in popularity in the U.S., and the market is expected to be worth as much as $3.2 billion by 2020, according to MarketResearch.com. That's not necessarily the case in many other countries where online dating still carries a negative stigma.
The headway Match has made thus far has been encouraging, and management believes that overall revenue from Asia, which accounted for less than 12% of the total in 2018, can grow to as much as 25% over the coming five years.
MATCH GROUP (Buy opportunity for existing shareholders)The stock rebounded from its 50-day moving average in heavy volume. That offers a follow-on buy opportunity for existing shareholders or a new entry for aggressive buyers.
Mtch ready to jump.If match can breakthrough could be start of a run with a solid base. IV in the 40s. It lagged versus peers in an up day.
Almost hit my target todayTrimmed some at $75.00 ..no need to be greedy, especially when price is overbought.
ON THE MOVEI think the $75 target is very possible now. Making ATH's with some power, thanks to that PEG!
