What Current Valuations Tell Us About Match Group, Inc. (MTCH), The New York Times Company (NYT)?

Match Group, Inc. (NASDAQ:MTCH) is offering a bear trap with a P/S ratio at 7.16. The broad Internet Information Providers industry has an average P/S ratio of 6.25, which represents discount over the sector’s 256.24. In the past 6-year record, this ratio went down as low as 2.26 and as high as 10.62. Also, it is down from 0.85 of the total 354 rivals across the globe.

MTCH traded at an unexpectedly high level on 11/08/2018 when the stock experienced a 2.22% gain to a closing price of $43.67. The company saw 4.5 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 2.77 million shares a day, this signifies a pretty significant change over the norm.

Match Group, Inc. (MTCH) Analyst Gushes

Analysts are speculating a 60.29% move, based on the high target price ($70) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $55.57 price target, but the stock is already up 58.28% from its recent lows. However, the stock is trading at -28.35% versus recent highs ($60.95). Analysts believe that we could see stock price minimum in the $45 range (lowest target price), allowing for another 3.05% jump from its current position. Leading up to this report, we have seen a -13.39% fall in the stock price over the last 30 days and a -14.07% decline over the past 3 months. Overall, the share price is up 39.48% so far this year. Additionally, MTCH had a day price range of $42.76 to $45.1017.

Match Group, Inc. (MTCH) Price Potential

Heading into the stock price potential, Match Group, Inc. needs to grow just 25.94% to cross its median price target of $55. In order to determine directional movement, the 50-day and 200-day moving averages for Match Group, Inc. (NASDAQ:MTCH) are $53.86 and $46.05. Given that liquidity is king in short-term, MTCH is a stock with 282.63 million shares outstanding that normally trades 48.14% of its float. The stock price recently experienced a 5-day loss of -17.96% with 3.41 average true range (ATR). MTCH has a beta of 0 and RSI is 33.88.

Investors also need to beware of the The New York Times Company (NYSE:NYT) valuations. The stock trades on a P/S of 1.98, which suggests that the shares are attractive compared with peers. The broad Publishing – Newspapers industry has an average P/S ratio of 2.53, which is significantly worse than the sector’s 1.95. In the past 13-year record, this ratio went down as low as 0.2 and as high as 2.69. Also, it is down from 0.78 of the total 193 rivals across the globe.

The New York Times Company (NYT)’s Lead Over its Technicals

The New York Times Company by far traveled 62.77% versus a 1-year low price of $16.95. The share price was last seen -0.25% lower, reaching at $27.59 on Nov. 08, 2018. At recent session, the prices were hovering between $27.2 and $27.745. This company shares are -3.59% up from its target price of $26.6 and the current market capitalization stands at $4.63B. The recent change has given its price a 13.08% lead over SMA 50 and -3.93% deficit over its 52-week high. The stock witnessed 11.25% gains, 21.81% gains and 21.81% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NYT’s volatility during a week at 3.73% and during a month it has been found around 3.48%.

The New York Times Company (NYSE:NYT) Intraday Metrics

The New York Times Company (NYT) exchanged hands at an unexpectedly low level of 2.2 million shares over the course of the day. Noting its average daily volume at 2.27 million shares each day over the month, this signifies a pretty significant change over the norm.

The New York Times Company Target Levels

The market experts are predicting a 15.98% rally, based on the high target price ($32) for The New York Times Company shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $18 range (lowest target price). If faced, it would be a -34.76% drop from its current position. Overall, the share price is up 49.14% year to date.