Added to YB: 2024-04-12
Pitch date: 2024-04-11
MTCH [bullish]
Match Group, Inc.
+17.28%
current return
Author Info
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Company Info
Match Group, Inc. provides digital technologies in the United States and internationally. It operates through four segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia.
Market Cap
$8.8B
Pitch Price
$32.32
Price Target
38.49 (+2%)
Dividend
2.11%
EV/EBITDA
10.65
P/E
14.50
EV/Sales
3.35
Sector
Interactive Media and Services
Category
growth
Show full summary:
The Match Thesis from a Zoomer
MTCH: Hinge poised to dominate dating app space w/ superior UI & algo. Tinder issues overblown, stabilizing w/ UX improvements. Evergreen/Asia less relevant as Hinge grows. Aligned mgmt aggressively buying back stock. 12 P/E for +5-10% grower w/ 11-15% IRR. Peak pessimism setup.
Read full article (12 min)