56.94 0.00 (0.00%)
After hours: 4:05PM EDT
|Bid||55.66 x 1400|
|Ask||57.45 x 1000|
|Day's Range||56.42 - 58.11|
|52 Week Range||33.30 - 60.95|
|Beta (3Y Monthly)||0.30|
|PE Ratio (TTM)||35.39|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||58.12|
NEW YORK, March 25, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Fortinet stock, in the hot cybersecurity software group, is at the top of the list of four top stocks to watch near buy points as the stock market falters.
Bumble Fund launched in 2018 and invests specifically in women-founded companies and those led by women of color and underrepresented groups. Williams has been investing in women and minority-owned businesses since 2014 through Serena Ventures. Williams will lead the Bumble Pitch Fund competition next month.
The Dow Jones Industrial Average held a stingy loss ahead of a new Federal Reserve announcement. More stocks in the IBD 50 are crafting bases.
Online data service Match Group triggered a sell rule early in March. But now the IBD 50 stock is rising toward more than one buy point.
Match Group (MTCH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
For the last few years, the performance from Yelp (NYSE:YELP) hasn't been quite good enough. Yelp is growing: Adjusted EBITDA rose 16% in 2018, but growth was priced in. The YELP stock price is down 14% over the past year, and still sits below mid-2015 highs.Source: Shutterstock Yelp management clearly believes that will change. Executives laid out aggressive targets in conjunction with Q4 earnings last month. If Yelp hits those targets (or comes close) the stock has tremendous upside. But the initial reaction to those plans suggests that investors are skeptical. Recent history suggests they have good reason. * 7 Chinese Stocks to Buy for the 2019 Rebound Yelp's New TargetsIn the fourth quarter release, Yelp detailed its targets for the next five years. Revenue is expected to rise in the "mid-teens" annually through 2023. Adjusted EBITDA margins are expected to rise 2-3 points in 2019 and at a similar pace for the following four years, ending at 30-35% against 2018's 19%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf Yelp hits those targets, earnings will soar. Assuming 15% annual top-line growth, revenue should double over the five years to $1.9 billion. Margins of 32.5%, the midpoint of the out-year target, suggest Adjusted EBITDA of $617 million.That's more than triple 2018's $183 million. Assuming a 24% tax rate and a modest rise in depreciation and amortization, net income would reach the range of $400 million. That's close to $5 per YELP share.However an analyst runs these numbers, they suggest enormous upside. A 12x EBITDA multiple, plus cash, gets the stock to $100. A 20x P/E multiple - again, plus cash - gets YELP past that point.The current YELP stock price sits below $37. As such, there's a reasonable case that if Yelp management is right, YELP stock could triple. And the company is putting its money where its mouth is: the company doubled its share buyback authorization after Q4, and pledged to buy back $250 million of Yelp shares in the first half of the year alone. The Reaction to Yelp EarningsOf course, it's also reasonably clear that investors don't trust Yelp management. YELP stock actually soared in after-hours trading following the Q4 report. In regular trading the next day, however, the YELP stock price actually dipped modestly. An analyst upgrade gave the stock a boost, but it has weakened in recent sessions, and now trades well below its pre-earnings price.That seems surprising given solid 2019 guidance, the long-term targets, and an impressive Q4. (Adjusted EPS of $0.37 crushed consensus estimates of $0.10.) But investors do have some reason to be skeptical.Indeed, there are concerns with the Yelp business model, dating back to those I detailed on this site back in 2017. Yelp is projecting strong revenue growth but activity on the site isn't increasing all that fast. Figures from the 10-K suggest that the number of reviews on Yelp has risen only 6-7% on average in the past three years.The aggressive long-term targets are somewhat belied by recent performance. Revenue rose just 11% in 2018. Adjusted EBITDA margins were flat. Yelp is projecting quite an acceleration in the business, in terms of both the top line and margins.Most of the operating leverage is supposed to come from sales and marketing, which Yelp believes can be leveraged by ten full points, the majority of the projected margin expansion.That goal depends on one shift; one that Yelp hasn't been able to master so far. Self-Serve and YELP StockFor Yelp to leverage sales and marketing spend, two things have to happen. First, revenue has to continue to grow. Secondly, Yelp has to drive that revenue growth while moderating its spending on sales and marketing.That's obviously easier said than done. That's particularly true given that Yelp's model requires intensive sales and marketing spend, which accounted for over half of 2018 revenue.The way to do this is to drive a "self-serve" model. At the moment, Yelp is selling most of its services - which undercuts the value (and operating leverage) of the platform. It's a model that looks a more like Groupon (NASDAQ:GRPN) than Match Group (NASDAQ:MTCH) or TripAdvisor (NASDAQ:TRIP). That's obviously not a good thing.So the pivot to more self-serve revenue makes some sense. The question is whether it will work. Yelp already is struggling with higher cancellations. And local advertising competition remains intense, with Facebook (NASDAQ:FB) an obvious rival and myriad other smaller and mid-sized offerings (including from newspapers).The concern here is obvious. Yelp is having trouble keeping customers even while it spends 50%+ of sales attracting and maintaining those customers. Can it do better in terms of retention while spending less (on a relative basis)?Investors don't believe it can. Right now, that skepticism makes some sense. But if Yelp can show some progress and regain investor confidence YELP stock is too cheap. That's a big 'if' - but it no doubt would lead to big rewards.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Big Data Stocks That Deserve a Closer Look * 7 Best Energy Funds to Outperform the Market * 5 Blue-Chip Stocks Ready to Rise Compare Brokers The post YELP Stock Needs More Than Big Promises from Management 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 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 | PositiveETF activity is positive. Over the last month, ETFs holding MTCH are favorable, with net inflows of $2.97 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. 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.
College kids headed to warmer climes for spring break can now use Tinder to find people to hang out with when they get there.
Joanna Glasner Contributor More posts by this contributor 2019 US VC funds take a more boutique approachVCs aren’t falling in love with dating startupsSome 17 years ago, when internet dating was popular but still kind of embarrassing to talk about, I interviewed an author who was particularly bullish on the practice.
Money can put a strain on a relationship in more ways than one, but making sure you’re on the same page financially as your partner can help.
SAN FRANCISCO, Feb. 14, 2019 /PRNewswire/ -- Glow, a data-driven women's health and fertility company, today announced a partnership that provides U.S. Match Group employees with benefits for fertility preservation, or egg freezing. Match Group is a leading provider of dating products, and operates a number of brands including Match, Tinder and OkCupid.
After a Facebook post offering to help friends with their dating profile received thousands of comments, Meredith Golden launched her dating consulting business. Now, she charges clients up to $2,000 for help.
IAC/InterActive Corp (NASDAQ: IAC ) has a path to a $2-3-billion valuation, according to Guggenheim. The Analyst Guggenheim analyst Jake Fuller maintains a Neutral rating on IAC/Interactive . The Thesis ...
Match Group's (MTCH) increase in its average subscriber base, driven primarily by solid contribution from Tinder is a key catalyst.
IAC/InterActiveCorp (NASDAQ: IAC ) shares are moving higher after the company posted a fourth-quarter earnings beat last week driven by strong results from Match Group Inc (NASDAQ: MTCH ). The Analyst ...
Yahoo Finance's Zack Guzman and Kristin Myers are joined by Brandon Copeland, NFL player, entrepreneur, and professor, to discuss a new dating survey with Brandon Wade, WhatsYourPrice.com founder and CEO.