Guggenheim's Jake Fuller wrote that while Tinder Gold, a paid feature launched late last year, brought in a big wave of new paying members, he believes Match will see a "lull" until it introduces its next big paid Tinder feature.
"In our experience, multiples for sub-based models can come under pressure in periods of slowing growth," Fuller wrote.
to 0 from 0, arguing that its stock trades at a discount to the company's ownership stakes in both Match and Angi. It operates through the following segments: Dating and Non-Dating. The Non-Dating segment offers a variety of education services including test preparation, academic tutoring, and college counseling services.
Zuckerberg was in the EU this week to answer legislators' questions, the first GDPR cases were filed against Facebook and the company launched a labeling system for political ads and news in the U. The company was founded on February 12, 2009 and is headquartered in Dallas, TX.
shares to from late Tuesday, writing that he believes new investors haven't missed Match's rally entirely, despite the stock's 156% rise over the past 12 months. Thill wrote that Match Group shares still trade at a discount to shares of other subscription internet names, including Netflix Inc. , based on earnings before interest, taxes, depreciation and amortization (Ebitda).announced it would add dating and relationship features, but consensus analyst estimates of first-quarter earnings per share have moved steadily higher.Short interest is the number of shares sold short, or have been bet that prices will decline, while the float is shares available for public trading."We obviously think their lawsuit has no substance and look forward to proving that in court," the company added.Match shares climbed 3% in Thursday trading and are up 173% over the past 12 months, compared with an 11% gain for the S&P 500. are down 1.2% in premarket trading Wednesday after an analyst at Guggenheim downgraded the stock to neutral.