MTCH
Brought Some MTCH At $31.98 here today. here is what I like.
1) Given Guidance I expect about $3.35 in earnings this year. Analysts are about at $3.80 in the following year if anything I think that might be low. I do see this at returning to be a mid single digit revenue grower as well so that is a plus. With earnings growing at a much faster rate than that.
2) MTCH also initiated a dividend of .19 a quarter recently, granted it is not a lot at about 2.4% where I brought. But initiating a dividend policy is always a plus in my opinion.
3) MTCH is actively buying back Shares and expects to reduce the share count by 5-7% this year.
4) MTCH, I Like the new CEO Choice, plus the CEO recently brought about 2 million in shares at over $34. So if he thinks it is cheap there I should be happy buying under $32.
5) MTCH perhaps the most exciting part of this story is they will be growing margins over the next couple of years where we can see about a 300 BP improvement in Adjusted Operating Income Margins over the next several years, that combined with actively reducing share count, and decent top line growth, is gonna feed into some significant adjusted earnings growth over the next couple of years.
Conclusion: I like MTCH A lot here and think it was a very attractive buy sub $32. Time will tell. All is just my opinion, and I could always be wrong though.
AI
