Match Group's Dividend Yield Outshines Peers, But User And Revenue Trends Must Improve For Share Price Boost: Analyst
Match Group's Dividend Yield Outshines Peers, But User And Revenue Trends Must Improve For Share Price Boost: Analyst
Despite concerns over Tinder's revenue and user trends, Carpenter is more optimistic about Match Group's free cash flow potential, which could help limit downside.JP Morgan analyst Cory A Carpenter reiterated the Overweight rating on Match Group, Inc. (NASDAQ:MTCH).
摩根大通分析师科里·卡彭特重申了对Match Group, Inc.（纳斯达克股票代码：MTCH）的增持评级。
The analyst notes that while Match Group's fourth quarter outlook and initial 2025 forecast were disappointing, the company's AI-driven roadmap shows potential for reinvigorating user growth, particularly through Tinder's AI features.
分析师指出，尽管Match Group的第四季度展望和2025年的初步预测令人失望，但该公司的人工智能驱动的路线图显示了重振用户增长的潜力，特别是通过Tinder的人工智能功能。
However, the analyst points out that AI progress is still early, with only the Photo Selector feature fully implemented.
但是，分析师指出，人工智能的进展还为时过早，只有照片选择器功能已完全实现。
Despite concerns over Tinder's revenue and user trends, Carpenter is more optimistic about Match Group's free cash flow potential, which could help limit downside.
尽管对Tinder的收入和用户趋势感到担忧，但卡彭特对Match Group的自由现金流潜力更为乐观，这可能有助于限制下行空间。
Still, improvement in user and revenue metrics for Tinder is necessary for any share price increase, which seems unlikely in 2025.
尽管如此，股价的任何上涨都必须改善Tinder的用户和收入指标，这在2025年似乎不太可能。
Also Read: Match Group Faces Investor Scrutiny Over Tinder Woes, Hinge Expansion Plans
另请阅读：Match Group因Tinder困境和Hinge扩张计划而面临投资者的审查
The analyst notes that the company revised its revenue expectations downward due to a $15 million FX headwind and stable but lower new user growth on Tinder's iOS.
该分析师指出，由于1500万美元的外汇不利因素以及TinderiOS新用户增长稳定但较低，该公司下调了收入预期。
Management remains uncertain about the cause of this decline. Additionally, MTCH maintained its 36% AOI margin forecast for 2024 and paused share repurchases following its investor day, the analyst writes.
管理层仍不确定这种下降的原因。此外，该分析师写道，MTCH维持了对2024年36％的AOI利润率预测，并在投资者日之后暂停了股票回购。
Carpenter highlights that Match Group's implied dividend yield of 2.4% is significantly higher than other internet companies like Google (0.4%) and Meta Platforms, Inc. (0.3%), which could appeal to value-focused investors.
卡彭特强调，Match Group的隐含股息收益率为2.4％，明显高于谷歌（0.4％）和Meta Platforms, Inc.（0.3％）等其他互联网公司，这可能会吸引注重价值的投资者。
The analyst anticipates that revenue estimates will be slightly revised downward (to a 6% CAGR, compared to the previous 4-6% guidance), while free cash flow per share estimates for 2027 may be slightly raised ($4.68 vs. the ~$5 guidance).
分析师预计，收入预期将略有下调（复合年增长率为6％，而之前的预期为4-6％），而2027年的每股自由现金流估计可能会略有上调（4.68美元，预期约为5美元）。
Price Action: MTCH shares are trading lower by 4% to $30.22 at last check Thursday.
价格走势：周四最后一次检查时，MTCH股价下跌4％，至30.22美元。
- Trump Talks Stocks, Bitcoin, AI, Economy With Jim Cramer: 'You're Going To See Some Very Good Days Ahead'
- 特朗普与吉姆·克莱默谈股票、比特币、人工智能、经济：“未来你会看到一些非常美好的日子”
Image by Varavin88 via Shutterstock.
图片由 Varavin88 通过 Shutterstock 拍摄。
译文内容由第三方软件翻译。
