We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Match Group (MTCH) Stock Outpacing Its Computer and Technology Peers This Year?
Read MoreHide Full Article
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Match Group (MTCH - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Match Group is one of 626 companies in the Computer and Technology group. The Computer and Technology group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. MTCH is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for MTCH's full-year earnings has moved 3.42% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, MTCH has returned 54.07% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 10.07% on average. This shows that Match Group is outperforming its peers so far this year.
Looking more specifically, MTCH belongs to the Internet - Services industry, a group that includes 43 individual stocks and currently sits at #174 in the Zacks Industry Rank. Stocks in this group have lost about 5.15% so far this year, so MTCH is performing better this group in terms of year-to-date returns.
Investors with an interest in Computer and Technology stocks should continue to track MTCH. The stock will be looking to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Match Group (MTCH) Stock Outpacing Its Computer and Technology Peers This Year?
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Match Group (MTCH - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Match Group is one of 626 companies in the Computer and Technology group. The Computer and Technology group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. MTCH is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for MTCH's full-year earnings has moved 3.42% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, MTCH has returned 54.07% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 10.07% on average. This shows that Match Group is outperforming its peers so far this year.
Looking more specifically, MTCH belongs to the Internet - Services industry, a group that includes 43 individual stocks and currently sits at #174 in the Zacks Industry Rank. Stocks in this group have lost about 5.15% so far this year, so MTCH is performing better this group in terms of year-to-date returns.
Investors with an interest in Computer and Technology stocks should continue to track MTCH. The stock will be looking to continue its solid performance.