Part 2: Deep dive on Match Group ($MTCH)
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Company: Match Group
Ticker: (MTCH)
Website: Match.com [click here] and Mtch.com [click here]
IPO date: November 19, 2015
IPO price: $12.00
Current stock price on March 27th: $40.50
Outstanding shares: 279.3 million shares
52 week high: $114.36 on April 05, 2022
52 week low: $34.62 on March 13, 2023
All time high (ATH): $175.53 on October 21, 2021
Market cap: $11.31 billion
Net cash/debt: -$3.37 billion
Enterprise value: $14.68 billion
Headquarters: Dallas, Texas, United States
Number of employees: ~2,700
Average price target from analysts: $63.00 — 55.5% above current price
Next earnings report/call for 2023 Q1: TBA
Investor Relations [click here]
2022 Q4 Shareholder Letter [click here]
2022 Q4 Earnings Call Transcript [click here]
Business Overview 2023 [click here]
Outline
Introduction [part 1]
Company Background [part 1]
Opportunity [part 1]
Portfolio [part 1]
Business Model [part 1]
Customers [part 1]
Competitive Advantages [part 2]
Financials [part 2]
Key Metrics [part 2]
Risks [part 2]
Ownership [part 2]
Valuation [part 2]
Investment Model [part 2]
Analysts [part 2]
Technicals [part 2]
Conclusion [part 2]