61.52 -0.13 (-0.21%)
After hours: 4:25PM EDT
|Bid||61.62 x 4000|
|Ask||63.00 x 800|
|Day's Range||61.53 - 63.12|
|52 Week Range||33.30 - 63.12|
|Beta (3Y Monthly)||0.40|
|PE Ratio (TTM)||38.32|
|Earnings Date||May 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||58.24|
Dr. Ruth would swipe left on today’s dating scene. “I would not want to be young again to date in 2019,” sex therapist Ruth Westheimer, better known as “Dr. Ruth,” told Page Six (which shares the same parent company as MarketWatch) at the Playboy Club this week.
In some ways, Groupon (NASDAQ:GRPN) looks like an attractive stock. Groupon stock is reasonably cheap based on both EBITDA and free cash flow.Source: Shutterstock There's some potential for GRPN to be acquired at some point. If Groupon could just consistently grow, GRPN stock likely would climb above $3.50. * 10 High-Yielding Dividend Stocks That Won't Wilt It's that "if" that's the big problem, however. Since Groupon stock crashed soon after its 2011 IPO amid accounting concerns, the potential has always been there.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIndeed, in 2017, as I wrote last year, GRPN made some progress. In 2018, it hit its original guidance for the year. And yet GRPN stock hit another multi-year low in December, and stumbled again after it reported its Q4 results and provided 2019 guidance back in February.At these levels, Groupon stock looks somewhat intriguing, even to a longtime skeptic like myself. There are scenarios under which GRPN stock can rally. But that path has been open for years now, and GRPN simply can't seem to get there. Why Groupon Stock Looks IntriguingWhat is different about Groupon stock now versus a few years ago is that the stock now looks reasonably cheap. Cost-cutting in 2017 raised GRPN's margins. Its profit rose last year, as its adjusted EBITDA increased 8%, and its adjusted EPS climbed from $0.11 to $0.18, albeit with some help from corporate tax reform.As a result, the valuation of Groupon stock looks fairly reasonable. It trades at about 19 times its 2018 EPS, and its guidance indicates that its profits will be roughly similar this year. Free cash flow last year, excluding a settlement payment to IBM (NYSE:IBM), was $163 million. According to GRPN, that figure should be roughly similar in 2019. At that level, the price-free cash flow ratio of GRPN stock will be about 12.It's true that the company's 2019 guidance was disappointing, and that's a key reason why Groupon stock fell 11% after the company released its Q4 results. But management cited a target of $300 million of EBITDA in 2020, which would entail an increase of 10%+. If GRPN attains that goal, its enterprise value-EBITDA ratio would be below seven.Those multiples are cheap in general, and they're enormously cheap, considering the valuations of other, similar internet-platform stocks. ANGI Homeservices (NASDAQ:ANGI) trades at something like 25 times its 2019 EBITDA. Match Group (NASDAQ:MTCH) is trading at about 30 times its 2019 free cash flow and something like 20 times its EBITDA. GrubHub (NYSE:GRUB) and Yelp (NASDAQ:YELP) trade at elevated levels as well.Groupon stock doesn't deserve those multiples. But at least, renewed investor confidence in GRPN could cause the current multiples of Groupon stock to expand. Higher multiples and higher growth can combine to sharply raise the price of GRPN stock.But that's been the case for years now. Even when the company's profits were lower, bulls asked, "what if GRPN just traded at one times its sales?"Acquisition rumors have swirled constantly over that stretch as well. They continue to do so. GRPN Stock's CatchAnd yet…it's 2019 and GRPN is back trading in the mid-$3s. It hasn't been able to grow, as its revenue has declined for 12 straight quarters. Some of the pressure on Groupon's revenue in past years has came from the company pulling back in certain international markets and de-emphasizing Groupon Goods. But even management after Q4 admitted that the company's performance in the second half of 2018 was disappointing.An acquisition of GRPN could make some sense, but where are the buyers? Why, exactly, would anyone pull the trigger in 2019 or 2020 when the opportunity has been present for some time?The same issue is true of the company's 2020 guidance. Management is arguing that investments made this year will drive growth next year. Yet, except for the progress that the company made in 2017, GRPN feels like it's been a "next year" story for about six years now. What's different now? And how, exactly, are the company's profits supposed to rise by double-digit percentage levels when its billings and revenue are falling?Groupon lost some 2 million active users in North America in 2018 alone, according to its Q4 results. (I believe I'm one of the 2.1 million.) Its products simply aren't relevant enough to consumers. GRPN's ProblemAt the end of the day, the company's problem is relatively simple, and it's the same as it's been for some time. Specifically, it's not clear that Groupon's business model really works. Consumers like discounts,, but the quality of merchants on Groupon simply isn't good enough to keep driving growth.Meanwhile, the company's model isn't really a "tech" model. GRPN still has well over 2,000 salespeople. Business runs through the company's website and, increasingly, its app. But, at its core, GRPN has a labor-intensive model that doesn't grow well. And it's a model that relies on outside help: Groupon's own 10-K cites headwinds from Google's changes to its search algorithm and its development of the "promotions" tab in Gmail, which has hurt the response to Groupon's emails.Groupon stock does seem to have some value, given its profitability and positive free cash flow. That's why GRPN stock is tempting, particularly at its low price.But the qualitative concerns about GRPN have been going on for so long that it's difficult to ignore them. It's in a really, really tough business. And unless Groupon can either drive consistent growth or find a "white knight" acquirer, it's hard to see how the next few years will look much different from the last few.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post Why Groupon Stock Can't Quite Deliver appeared first on InvestorPlace.
Blackstone Group and United Rentals surged Thursday, as stocks opened higher, then quickly turned mixed ahad of the holiday weekend.
DALLAS , April 17, 2019 /PRNewswire/ -- Match Group (NASDAQ: MTCH) will audiocast a conference call to review its first quarter 2019 financial results on Wednesday, May 8, 2019 at 8:30 a.m. Eastern Time ...
FT subscribers can click here to receive Tech Scroll Asia by email. A reality check on 5G telecoms, after some excitement last week, forms our biggest theme with Huawei and SoftBank sounding ponderous. Don’t miss Tik Tok, the runaway Chinese video-sharing app that has been brought to heel in India.
Stock indexes bounced modestly after a first-hour slide, but there was still enough institutional interest to send a pair of top stocks above buy points.
The Latest Updates on Uber, Disney, Amazon, and Snapchat(Continued from Prior Part)Consumer spending on Tinder reached $213.6 million in the first quarterNetflix (NFLX) has been the top-grossing nongame mobile app in the United States for a while.
Specifically, the companyhas appointed three new general managers in Asia to focus on areas like Japan,Taiwan, India, South Korea and other parts of Southeast Asia
DALLAS, April 15, 2019 /PRNewswire/ -- Match Group (MTCH) - owner of Tinder, Match, Meetic, OkCupid, Hinge and other leading dating brands - today announced that it is reorganizing its leadership team to double down on the significant market opportunity for dating products in Asia. Junya Ishibashi, who has been the CEO of Match Group's Eureka business in Japan, will become the General Manager of Match Group for Japan and Taiwan and is based in Tokyo.
Match.com (NASDAQ:MTCH) stock has been on a good run since merging with rival dating app Tinder in 2017. From $18 then, it's been flirting with a breakout above $59 for much of the year.While Wall Street had fallen out of love with the company heading into its fourth-quarter earnings report back in February, that spark was quickly rekindled after MTCH reported results that beat the Street view on the top and bottom lines.Earnings surged to $116 million, or $0.39 per share, up from a loss of $9 million, or a $0.03 per share loss, in the same quarter a year ago. Adjusted earnings per share doubled to $0.39, up from $0.18 per share, and topped analysts' estimates for $0.38 per share by 2.6%. Fourth-quarter revenue came in at $457 million, also beating estimates for $448.43 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe stock hit a new 52-week high of $60.91 following the report, and while it's been stuck trading just below $60 since mid-February, I expect its upcoming first-quarter earnings report (due out in early May) to get the shares firing on all cylinders and breakout to new records again.There are a couple of reasons why I expect this. First, we have this past Valentine's Day - and Match.com did stoke those flames with a 25% off promotion. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? There's also the first Sunday in January to consider. These apps tend to enjoy strong traffic on Sundays. And that particular one comes just after the holidays…right when folks begin working on their New Year's Resolutions…and with enough time to find a potential Valentine.But that surge really begins just before Christmas -- during the fourth quarter. So, looking back at those figures can be instructive now.Last quarter, Match Group reported that Tinder results drove better-than-expected fourth-quarter results. The company's Tinder app added 233,000 new paying members during the quarter, which brings Tinder's total subscriber base to 4.3 million. And as I mentioned, it turned a profit during the fourth quarter, too.Looking ahead, Match Group expects first-quarter revenue between $455 million and $465 million. That represents 11.7% to 14.1% annual revenue growth. The forecast is slightly lower than the current consensus estimate, which calls for revenue of $469.6 million.All of this sets the company up nicely for another positive surprise.But earnings surprises are only a part of the story. To determine if Match Group is a stock to buy right now, we need to assess several other factors. And my Portfolio Grader lays that all out nicely for us -- so let's take a look now.Portfolio Grader gives MTCH stock a middling grade of "C" on its Fundamentals, as you can see below:While Match Group had decent earnings growth, momentum and surprises, and strong sales growth, its score was dragged down by cash flow that Portfolio Grader found to be subpar.And yet, it receives a "B" rating, which makes it a buy. This is because of its strong Quantitative Score, where earns a "B."The Quantitative Score I've built into Portfolio Grader reflects my strong conviction that money flow is the best indicator of a successful investment. As goes the "smart money" on Wall Street, so goes the stock. And what Portfolio Grader is indicating to us here is that MTCH stock is enjoying positive momentum.Now, I do want to note that this does come with some volatility. For instance, after Match Group's last earnings report, shares fell 4% on the day after news that Deutsche Bank (NYSE:DB) dropped its analyst rating on MTCH stock. And then shares promptly ramped higher as everyone realized that the results themselves were better than expected, thanks to Tinder, as we just talked about.But with strong institutional buying pressure and decent fundamentals to boot, MTCH stock earned a place on my Breakthrough Stocks Buy List.To find out how to buy MTCH stock and see what else is on our Buy List, click here to learn more and sign up.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post Match Group (MTCH) Stock Is About to Turn a Corner appeared first on InvestorPlace.
It sounds like an enviable position, but according to a recent Reddit thread, it can actually pose some challenges in the dating world. A writer on Reddit by the name of “minimalistmillennial,” who described herself as a 24-year-old woman with a $50,000 net worth, said she has concerns about dating while she pursues financial independence and early retirement.
Stock futures: With software again leading the stock market, Palo Alto Networks, Workday, Match, Paylocity and HubSpot are 5 top stocks near buy points.
Few stocks in the market have the growth opportunity that Etsy (NASDAQ:ETSY) does. Etsy's online platform seems perfectly suited for what consumers today want: unique and hand-crafted rather than mass-produced and widely available. The spectacular growth Etsy stock has posted in recent years, then, seems likely to continue for some time to come.Source: Meaghan O'Malley via Flickr (Modified)Meanwhile, the company is taking a higher percentage of volume on its platform, thanks to a fee hike last year. The combination was a key reason why I recommended ETSY stock last year.But I backed off in January, questioning valuation at $50 per share. At $68, even after a blowout fourth quarter report in February, Etsy looks simply too expensive. There's a great growth story here, admittedly. At this point, however, even management targets and an still-hefty out-year multiple look priced in.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Risky Stocks to Watch as Earnings Season Kicks Off Valuation Isn't All That MattersAt the moment, ETSY trades at over 13x revenue and over 60x 2020 EPS estimates. Those multiples are big, but admittedly not terribly out of place in the current market environment.Lyft (NASDAQ:LYFT) (another platform play, even if an obviously different one from Etsy) is unprofitable, yet commands a roughly $20 billion valuation. Match Group (NASDAQ:MTCH) is growing much more slowly - yet still receives a 9x multiple to sales, and trades at 27x 2019 EPS estimates.What we've seen in the tech market of the past few years is that valuation alone doesn't make a bear case and that a seemingly high-priced stock still can move higher. Square (NYSE:SQ) and Shopify (NYSE:SHOP) have looked overvalued for some time. SaaS (software-as-a-service) stocks seem to keep moving higher. Over the past few years, ignoring a stock simply because it's "expensive" has proven to be a good way to miss out on big upside.Still, ETSY is awfully expensive. Revenue growth of 37% in 2018 and an estimated 31% this year certainly seems to merit a hefty valuation. But in both years, Etsy is benefiting from fee increases, which aren't going to happen every year. And the company's own targets suggest that something close to perfection is priced in. Where ETSY Goes If Management DeliversAt its Investor Day last month, Etsy detailed its five-year targets. It's telling that Etsy Inc stock actually was a bit wobbly on the news, selling off by as much as 5% before recovering most of its losses. The outlook is strong to be sure, but the question is whether it is strong enough, especially with ETSY still not far from all-time highs.Etsy is projecting annual GMS (gross merchandise sales) growth of 16-20%. Revenue should grow slightly faster than GMS, as Etsy's "take rate" climbs modestly over that stretch. And Adjusted EBITDA margins are targeted to 30% or higher, up from a 23.1% print in 2018 and guidance for 23-25% this year.Assume then, that revenue grows 19% a year, one point faster than the midpoint of GMS growth guidance. In 2023, Etsy revenue would be $1.43 billion. Adjusted EBITDA margins of 32% suggest EBITDA of $458 million.D&A is likely to remain relatively low: it was $26.7 million in 2018, and might grow to $30 million or so. At an effective tax rate of 21%, then, net income would reach about $338 billion. The share count is going to expand owing to stock-based compensation: diluted shares rose about 4% in 2018, to 127 million. At the same rate, by 2023, the count should be about 154 million.So management's own targets suggest $458 million in EBITDA and about $2.20 in EPS in 2023. If Etsy Inc stock returns 8% a year until then, it would trade at $92 four years from now. Can ETSY Stock Really Outperform?In other words, Etsy can hit its targets, Etsy Inc stock can return a 8% a year and it's still not enough. All that has to happen - and ETSY has to, in 2023, trade at 42x earnings and nearly 30x EBITDA.Those are enormous multiples. And, again, this model assumes targets are met. It assumes the economy doesn't slow down and perhaps depressing demand from some of the higher-dollar (and more profitable) items on Etsy's site. It assumes Etsy keeps driving consistent revenue growth but starting in the second half of this year, Etsy doesn't have the benefit of the fee hike.Simply to get a reasonable return, basically everything has to go right for Etsy. And that, not just the high headline multiples, is the real problem for ETSY stock. It might be why the stock has settled lower since spiking after the blowout Q4 report. At a certain point, valuation prices in all of a company's potential and Etsy Inc stock certainly seems to close to that point.After earnings, Tim Biggam made the case for shorting ETSY and that trade actually has done reasonably well since then. I'm not quite that bearish: valuation is a poor reason to short, as tech has proven in recent years, and I do like both the Etsy business model and Etsy management.But again, valuation matters. And this increasingly looks like a stock priced for perfection. Admittedly I thought something similar at $50, but from here, the high ETSY stock price offsets seemingly all of the optimism toward the Etsy business.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Medical Marijuana Stocks to Cure Your Portfolio * 8 Best Stocks to Buy for an April Rally * Top 20 Stocks to Buy for 20-Somethings! Compare Brokers The post This Outrageous Valuation Is Going to Catch up to Etsy Stock appeared first on InvestorPlace.
Match Group Inc NASDAQ/NGS:MTCHView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for MTCH with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.13 billion over the last one-month into ETFs that hold MTCH are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Match Group is the IBD Stock of the Day as the Tinder dating app operator crafts a shallow cup-with-handle chart pattern after a failed breakout. Match stock has gained 33% from a year ago.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Today we are going to look at Match Group, Inc. (NASDAQ:MTCH) to see whether it might be an attractive investment prospect. T...
"October lived up to its scary reputation—the S&P 500 falling in the month by the largest amount in the last 40 years, the only worse Octobers being '08 and the Crash of '87\. For perspective, there have been only 5 occasions in those 40 years when the S&P 500 declined by greater than 20% from […]
The dating app, owned by Match Group announced that Ravi Mehta has joined the company as chief product officer.
Match Group (NASDAQ:MTCH) stock is an interesting company for a couple reasons. First, it's one of the leading online dating site managers in the country, running Match, Tinder, PlentyofFish, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet and LoveScout24.Source: Bixentro via FlickrIts products are available in 42 languages in more than 190 countries. And MTCH has been at it for more than two decades at this point.The second point of interest is it's owned by another publicly traded company, IAC/InterActive (NASDAQ:IAC) that has even more online service companies under its umbrella. Its market cap is around $18 billion, and MTCH's market cap is around $15 billion, so you can assume that MTCH is the division that steers the revenue ship at IAC.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd that's why it's interesting to look at on its own. MTCH stock is more focused and when you're dealing with online service companies, that is very helpful. How to View MTCH StockWhile online dating certainly began as a generational thing with GenXers, it has gained substantial popularity with older generations as well. And it has also spawned more focused dating services for more discriminating or targeted users.Like everything else in online shopping, volume is crucial. The more there is to choose from, the better your odds at finding what you want. And there are few things more important than volume when it comes to looking for a partner. * The Elite 8 Stocks to Buy for Massive Outperformance Again, MTCH has the upper hand, since it is one of the leaders in the space and has been around much longer than most of its competition.It also has broad-based products like Match and Tinder, as well as other products that are focused on specific demographics. But having those two massive feeders -- Match has around 8 million users, Tinder has around 50 million users -- it has a great audience to market its other more focused products to.The analogy would be like fishing with one rod or fishing with more than one to increase your odds of catching a fish. And with MTCH, you don't have to don't have to start from scratch if you don't want to.A couple interesting stats on Tinder, as compiled by muchneeded.com: * Tinder gets 1.6 billion swipes a day * It logs about 1 million dates a week * Mondays and Tuesdays are the best days and 9 p.m. is the optimal time to get on.Obviously, the U.S. is its most popular country, although it is a global phenomenon at this point.But underlying all this is the fact that all these names and all this profile data makes these sites great advertising targets for other businesses. The fact that MTCH hasn't had a significant data breech is very impressive, since privacy is absolutely crucial for its platforms.But MTCH is able to draw revenue from members by using subscriptions and also make products and lists available to advertisers and marketers. It's a great revenue model and continues to serve the company well.My Portfolio Grader rates MTCH a B right now, given the volatility of the broader tech market. But online dating services aren't going away anytime soon and it's a great choice for a targeted investment in younger generations.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post Is It Time to Swipe Right on Match Group Stock? appeared first on InvestorPlace.
Is lying about yourself on a dating app ever acceptable? Yahoo Finance's Zack Guzman and Kristin Myers are joined by Michelle McKinnon, Payne Capital Management Senior Wealth Advisor, to discuss.