MeetMe Company Profile (NASDAQ:MEET)

About MeetMe (NASDAQ:MEET)

MeetMe logoThe Meet Group, Inc., formerly MeetMe, Inc., offers a portfolio of mobile applications. The Company operates location-based social networks for meeting new people on mobile platforms, including on iPhone, Android, iPad and other tablets, and on the Web that facilitate interactions among users, and helps users to connect and chat with each other. The Company offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations. The Company holds interest in Skout, Inc. (Skout), which serves as a global mobile network for meeting new people. The Company's social networking products include Chat, Profile and Friends. Its social discovery products facilitate interactions among members. The Company's social discovery products include Meet, Discuss and Buzz, and Interested. The Company's products also include Social Theater.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Social Media & Networking
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:MEET
  • CUSIP: 58514110
  • Web:
  • Market Cap: $272.83 million
  • Outstanding Shares: 71,798,000
Average Prices:
  • 50 Day Moving Avg: $3.86
  • 200 Day Moving Avg: $4.88
  • 52 Week Range: $3.41 - $6.45
  • Trailing P/E Ratio: 15.90
  • Foreward P/E Ratio: 10.56
  • P/E Growth: 0.44
Sales & Book Value:
  • Annual Revenue: $97.8 million
  • Price / Sales: 2.79
  • Book Value: $3.45 per share
  • Price / Book: 1.10
  • EBIDTA: $26.4 million
  • Net Margins: 15.95%
  • Return on Equity: 11.47%
  • Return on Assets: 10.67%
  • Debt-to-Equity Ratio: 0.02%
  • Current Ratio: 2.33%
  • Quick Ratio: 2.33%
  • Average Volume: 1.19 million shs.
  • Beta: 0.8
  • Short Ratio: 11.26

Frequently Asked Questions for MeetMe (NASDAQ:MEET)

What is MeetMe's stock symbol?

MeetMe trades on the NASDAQ under the ticker symbol "MEET."

How were MeetMe's earnings last quarter?

MeetMe, Inc. (NASDAQ:MEET) issued its earnings results on Thursday, August, 3rd. The company reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.02. The firm had revenue of $31.33 million for the quarter, compared to analysts' expectations of $30.70 million. MeetMe had a return on equity of 11.47% and a net margin of 15.95%. The business's revenue was up 91.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.09 earnings per share. View MeetMe's Earnings History.

Where is MeetMe's stock going? Where will MeetMe's stock price be in 2017?

3 brokerages have issued 1-year price targets for MeetMe's stock. Their predictions range from $6.00 to $10.00. On average, they expect MeetMe's share price to reach $8.25 in the next twelve months. View Analyst Ratings for MeetMe.

What are analysts saying about MeetMe stock?

Here are some recent quotes from research analysts about MeetMe stock:

  • 1. According to Zacks Investment Research, "The Meet Group, Inc. is a social media technology company. It offers information sharing, social interaction and mobile application development services. The company's app consists of currently MeetMe (R), Skout(R), Tagged(R) and Hi5(R). The Meet Group Inc., formerly known as MeetMe Inc., is headquartered in New Hope, Pennsylvania. " (8/30/2017)
  • 2. Canaccord Genuity analysts commented, "We believe MeetMe occupies a promising spot on the social networking landscape. While the platform is lesser-known than other dating and social networking services, user trends within its target young demographic are solid, and we see incremental monetization opportunities. We also believe the recent acquisitions of Skout and If(we) are promising and see potential for more." (3/20/2017)

Are investors shorting MeetMe?

MeetMe saw a decline in short interest in August. As of August 31st, there was short interest totalling 8,500,064 shares, a decline of 10.2% from the August 15th total of 9,466,898 shares. Based on an average trading volume of 1,115,671 shares, the days-to-cover ratio is currently 7.6 days. Currently, 12.2% of the shares of the company are sold short.

Who are some of MeetMe's key competitors?

Who are MeetMe's key executives?

MeetMe's management team includes the folowing people:

  • Geoffrey Cook, Chief Executive Officer, Director
  • David D. Clark, Chief Financial Officer
  • Frederic Beckley, Executive Vice President - Business Affairs, General Counsel
  • Niklas Lindstrom, Chief Technology Officer
  • William Alena, Chief Revenue Officer
  • Spencer G. Rhodes, Non-Executive Independent Chairman of the Board
  • Jean Clifton, Independent Director
  • Christopher D. Fralic, Independent Director
  • Jim Parmelee, Independent Director
  • Bedi Ajay Singh, Independent Director

Who owns MeetMe stock?

MeetMe's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.47%), HARVEST CAPITAL STRATEGIES LLC (6.40%), HARVEST CAPITAL STRATEGIES LLC (4.60%), Vanguard Group Inc. (4.20%), State Street Corp (2.11%) and Pacific Ridge Capital Partners LLC (1.90%). Company insiders that own MeetMe stock include David D Clark, Ernesto Cruz, Frederic Beckley, Geoffrey Cook, Jason Whitt, Jean B Clifton, John Abbott, Jonah H Harris, Spencer Garrett Rhodes and William Alena. View Institutional Ownership Trends for MeetMe.

Who sold MeetMe stock? Who is selling MeetMe stock?

MeetMe's stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Goldman Sachs Group Inc., OxFORD Asset Management LLP, Bank of New York Mellon Corp, Globeflex Capital L P, Principal Financial Group Inc., Russell Investments Group Ltd. and Brandywine Global Investment Management LLC. Company insiders that have sold MeetMe stock in the last year include David D Clark, Geoffrey Cook, Jason Whitt and Jonah H Harris. View Insider Buying and Selling for MeetMe.

Who bought MeetMe stock? Who is buying MeetMe stock?

MeetMe's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Vanguard Group Inc., Pacific Ridge Capital Partners LLC, Northern Trust Corp, State Street Corp, Cornerstone Capital Management Holdings LLC., American Century Companies Inc. and LSV Asset Management. View Insider Buying and Selling for MeetMe.

How do I buy MeetMe stock?

Shares of MeetMe can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MeetMe's stock price today?

One share of MeetMe stock can currently be purchased for approximately $3.80.

MarketBeat Community Rating for MeetMe (NASDAQ MEET)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  92 (Vote Underperform)
Total Votes:  283
MarketBeat's community ratings are surveys of what our community members think about MeetMe and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MeetMe (NASDAQ:MEET) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $8.25 (117.11% upside)

Analysts' Ratings History for MeetMe (NASDAQ:MEET)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/22/2017Roth CapitalSet Price TargetBuy$8.00LowView Rating Details
8/7/2017JMP SecuritiesLower Price TargetMkt Outperform -> Mkt Outperform$8.00 -> $6.00HighView Rating Details
5/10/2017Loop CapitalReiterated RatingBuy$9.00MediumView Rating Details
3/20/2017Canaccord GenuityInitiated CoverageBuy -> Buy$10.00HighView Rating Details
5/8/2016Northland SecuritiesReiterated RatingBuyN/AView Rating Details
1/26/2016Topeka Capital MarketsInitiated CoverageBuy$6.00N/AView Rating Details
(Data available from 9/25/2015 forward)


Earnings History for MeetMe (NASDAQ:MEET)
Earnings by Quarter for MeetMe (NASDAQ:MEET)
Earnings History by Quarter for MeetMe (NASDAQ MEET)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017Q2 2017$0.07$0.09$30.70 million$31.33 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.05$0.05$20.05 million$20.10 millionViewListenView Earnings Details
3/6/2017Q4 2016$0.17$0.19$28.75 million$29.20 millionViewListenView Earnings Details
11/7/2016Q316$0.10$0.10$17.24 million$17.20 millionViewListenView Earnings Details
8/1/2016Q216$0.05$0.09$15.27 million$16.40 millionViewN/AView Earnings Details
5/5/2016Q116$0.02$0.04$12.80 million$13.30 millionViewN/AView Earnings Details
2/29/2016Q415$0.12$0.12$19.48 million$19.90 millionViewListenView Earnings Details
11/3/2015Q315$0.04$0.09$13.50 million$14.30 millionViewN/AView Earnings Details
7/30/2015Q215($0.01)$0.02$10.60 million$11.09 millionViewListenView Earnings Details
5/7/2015Q115($0.02)$0.01$11.33 million$11.60 millionViewN/AView Earnings Details
2/27/2015Q414$0.02$13.00 million$13.00 millionViewN/AView Earnings Details
8/4/2014Q214($0.06)($0.04)$10.40 million$10.70 millionViewN/AView Earnings Details
5/8/2014Q114($0.03)($0.09)$9.38 million$9.50 millionViewN/AView Earnings Details
11/6/2013Q313($0.05)($0.04)$10.10 million$10.10 millionViewN/AView Earnings Details
8/8/2013Q2 2013($0.09)($0.05)$8.90 million$9.50 millionViewN/AView Earnings Details
5/8/2013Q113($0.10)($0.04)$7.30 million$7.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for MeetMe (NASDAQ:MEET)
2017 EPS Consensus Estimate: $0.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.06$0.06$0.06
Q2 20171$0.09$0.09$0.09
Q3 20171$0.11$0.11$0.11
Q4 20171$0.19$0.19$0.19
(Data provided by Zacks Investment Research)


Dividend History for MeetMe (NASDAQ:MEET)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for MeetMe (NASDAQ:MEET)
Insider Ownership Percentage: 4.70%
Institutional Ownership Percentage: 56.31%
Insider Trades by Quarter for MeetMe (NASDAQ:MEET)
Institutional Ownership by Quarter for MeetMe (NASDAQ:MEET)
Insider Trades by Quarter for MeetMe (NASDAQ:MEET)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/27/2017Jason WhittDirectorSell4,329$5.97$25,844.13View SEC Filing  
1/19/2017Geoffrey CookCEOSell250,000$5.02$1,255,000.00View SEC Filing  
12/8/2016David D ClarkCFOSell94,291$5.30$499,742.30View SEC Filing  
11/29/2016Jonah H HarrisInsiderSell4,000$4.88$19,520.00View SEC Filing  
8/16/2016Ernesto CruzDirectorSell137,500$4.80$660,000.00View SEC Filing  
8/3/2016Frederic BeckleyGeneral CounselSell265,401$7.13$1,892,309.13View SEC Filing  
8/3/2016Spencer Garrett RhodesDirectorSell70,182$7.35$515,837.70View SEC Filing  
8/3/2016William AlenaCROSell458,626$7.07$3,242,485.82View SEC Filing  
6/20/2016John AbbottDirectorSell75,000$4.85$363,750.00View SEC Filing  
6/14/2016John AbbottDirectorSell85,000$4.64$394,400.00View SEC Filing  
6/7/2016Geoffrey CookCEOSell100,000$4.13$413,000.00View SEC Filing  
6/1/2016Geoffrey CookCEOSell50,000$3.73$186,500.00View SEC Filing  
5/23/2016Geoffrey CookCEOSell50,000$3.24$162,000.00View SEC Filing  
5/23/2016Jonah H HarrisCTOSell5,500$3.23$17,765.00View SEC Filing  
5/16/2016Frederic BeckleyGeneral CounselSell9,360$3.41$31,917.60View SEC Filing  
5/16/2016Jonah H HarrisCROSell20,833$3.41$71,040.53View SEC Filing  
5/9/2016David D ClarkCFOSell5,285$3.24$17,123.40View SEC Filing  
5/9/2016Frederic BeckleyGeneral CounselSell3,867$3.24$12,529.08View SEC Filing  
5/9/2016Geoffrey CookCEOSell11,424$3.24$37,013.76View SEC Filing  
5/9/2016Jonah H HarrisCROSell2,737$3.24$8,867.88View SEC Filing  
4/20/2016Jean B CliftonDirectorSell2,783$3.31$9,211.73View SEC Filing  
4/18/2016David D ClarkCFOSell8,465$3.29$27,849.85View SEC Filing  
4/18/2016Frederic BeckleyGeneral CounselSell6,207$3.29$20,421.03View SEC Filing  
4/18/2016Geoffrey CookCEOSell18,469$3.29$60,763.01View SEC Filing  
4/18/2016John AbbottDirectorSell2,818$3.29$9,271.22View SEC Filing  
4/18/2016William AlenaCROSell5,669$3.29$18,651.01View SEC Filing  
4/13/2016Geoffrey CookCEOSell40,000$3.17$126,800.00View SEC Filing  
4/1/2016Geoffrey CookCEOSell30,000$2.82$84,600.00View SEC Filing  
2/24/2016Geoffrey CookCEOSell50,000$3.46$173,000.00View SEC Filing  
1/19/2016Geoffrey CookCEOSell50,000$3.18$159,000.00View SEC Filing  
1/8/2016John AbbottDirectorSell210,000$4.01$842,100.00View SEC Filing  
12/16/2015Spencer Garrett RhodesDirectorSell95,917$3.18$305,016.06View SEC Filing  
10/28/2015Geoffrey CookCEOSell180,000$2.47$444,600.00View SEC Filing  
10/27/2015Geoffrey CookCEOSell3,700$2.47$9,139.00View SEC Filing  
10/26/2015Geoffrey CookCEOSell122,352$2.46$300,985.92View SEC Filing  
10/2/2015Geoffrey CookCEOSell30,000$1.55$46,500.00View SEC Filing  
9/15/2015Geoffrey CookCEOSell30,000$1.55$46,500.00View SEC Filing  
8/12/2015Geoffrey CookCEOSell30,000$1.62$48,600.00View SEC Filing  
7/6/2015Geoffrey CookCEOSell30,000$1.56$46,800.00View SEC Filing  
6/22/2015Geoffrey CookCEOSell30,000$1.34$40,200.00View SEC Filing  
5/19/2015Frederic BeckleyGeneral CounselSell8,638$1.64$14,166.32View SEC Filing  
5/19/2015William AlenaCROSell8,883$1.64$14,568.12View SEC Filing  
5/18/2015Frederic BeckleyGeneral CounselSell8,364$1.64$13,716.96View SEC Filing  
5/18/2015Geoffrey CookCEOSell30,000$1.64$49,200.00View SEC Filing  
5/18/2015William AlenaCROSell8,601$1.64$14,105.64View SEC Filing  
4/23/2015& Americans Trading T MexicansMajor ShareholderBuy336,927$1,450,000.00$488,544,150,000.00View SEC Filing  
4/6/2015Geoffrey CookCEOSell30,000$1.82$54,600.00View SEC Filing  
3/25/2015Geoffrey CookCEOSell30,000$1.92$57,600.00View SEC Filing  
2/17/2015Geoffrey CookCEOSell30,000$1.72$51,600.00View SEC Filing  
1/26/2015Geoffrey CookCEOSell30,000$1.81$54,300.00View SEC Filing  
12/5/2014David D ClarkCFOBuy6,000$1.65$9,900.00View SEC Filing  
11/25/2014Richard FriedmanCTOSell10,000$1.76$17,600.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for MeetMe (NASDAQ:MEET)
Latest Headlines for MeetMe (NASDAQ:MEET)
DateHeadline logoMeetMe, Inc. (MEET) Given Average Recommendation of "Hold" by Analysts - September 24 at 2:38 AM logoThe Meet Group to Acquire LOVOO - September 22 at 5:05 AM logoNew Hope tech company to acquire German dating app for $70M - September 22 at 5:05 AM logoPhiladelphia and San Francisco Timmy Awards Selects The Meet Group as a Best Tech Workplace for Diversity Finalist - September 22 at 5:05 AM logoAnalyzing Renren (RENN) & MeetMe (MEET) - September 22 at 2:20 AM logoMeetMe, Inc. (MEET) Short Interest Down 10.2% in August - September 16 at 1:20 AM logo$32.80 Million in Sales Expected for MeetMe, Inc. (MEET) This Quarter - September 14 at 12:40 PM logoCatherine Cook Connelly To Speak at App Valley 2017 Conference - September 8 at 3:44 AM logoMeetMe (MEET) vs. Renren (RENN) Head-To-Head Survey - September 7 at 8:30 PM logoMeetMe (MEET) Names Bedi Singh to Board - September 5 at 10:06 PM logoThe Meet Group Appoints Mr. Bedi A. Singh to its Board of Directors - September 5 at 5:05 PM logo Analysts Expect MeetMe, Inc. (MEET) Will Announce Earnings of $0.11 Per Share - August 28 at 9:54 AM logoTagged Launches Tagged Live - August 16 at 6:07 AM logo Brokerages Anticipate MeetMe, Inc. (NASDAQ:MEET) Will Announce Quarterly Sales of $32.80 Million - August 11 at 7:00 PM logoMeetMe, Inc. (NASDAQ:MEET) Given a $8.00 Price Target at Roth Capital - August 10 at 3:20 PM logoETFs with exposure to The Meet Group, Inc. : August 8, 2017 - August 8 at 11:31 PM logoThe Meet Group, Inc. breached its 50 day moving average in a Bearish Manner : MEET-US : August 7, 2017 - August 7 at 7:57 PM logoHead to Head Analysis: MeetMe (MEET) and International (DATE) - August 7 at 2:38 PM logoMeetMe, Inc. (NASDAQ:MEET) Price Target Lowered to $6.00 at JMP Securities - August 7 at 10:58 AM logoComparing LINE Corporation (LN) & MeetMe (MEET) - August 7 at 8:26 AM logoMeetMe, Inc. (MEET) Issues Earnings Results - August 5 at 8:22 PM logoMeetMe, Inc. (MEET) Given Consensus Recommendation of "Buy" by Analysts - August 5 at 7:06 AM logoThe Meet Group: Classic Overreaction - August 5 at 2:45 AM logoThe Meet Group to Present at the Canaccord Genuity Growth Conference in Boston - August 5 at 2:45 AM logoIs the Meet Group's 12% Sell-Off Overdone? - August 5 at 2:45 AM logoEdited Transcript of MEET earnings conference call or presentation 3-Aug-17 8:30pm GMT - August 5 at 2:45 AM logoThe Meet Group Reports Second Quarter Financial Results - August 4 at 1:39 AM logoMeet Group posts 2Q profit - August 4 at 1:39 AM logoThe Meet Group Announces Second Quarter 2017 Conference Call for August 3 at 4:30 p.m. Eastern Time - July 28 at 3:58 AM logoRoth Capital Analysts Give MeetMe, Inc. (MEET) a $9.00 Price Target - July 23 at 4:21 PM logoZacks: Analysts Expect MeetMe, Inc. (NASDAQ:MEET) Will Announce Quarterly Sales of $30.60 Million - July 22 at 8:54 AM logoMeetMe, Inc. (MEET) Expected to Post Earnings of $0.04 Per Share - July 20 at 6:24 PM logoZacks Investment Research Upgrades MeetMe, Inc. (MEET) to "Hold" - July 12 at 7:56 AM logoMeetMe, Inc. (MEET) Receives Consensus Rating of "Buy" from Analysts - July 11 at 10:07 AM logoThe Meet Group, Inc. – Value Analysis (NASDAQ:MEET) : July 3, 2017 - July 3 at 8:09 PM logoThe Meet Group, Inc. breached its 50 day moving average in a Bullish Manner : MEET-US : June 30, 2017 - July 1 at 1:02 AM logo$30.60 Million in Sales Expected for MeetMe, Inc. (MEET) This Quarter - June 28 at 11:12 AM logoMeetMe (MEET), Harvest Capital Entered into Cooperation Agreement - June 28 at 9:31 AM logoThe Meet Group Reaches Agreement with Harvest Capital - June 27 at 6:39 PM logo Analysts Anticipate MeetMe, Inc. (MEET) Will Post Earnings of $0.04 Per Share - June 26 at 2:22 PM logoETFs with exposure to The Meet Group, Inc. : June 23, 2017 - June 23 at 6:57 PM logoThis Social Media Stock Is Up 100% Over the Past 3 Years -- But You've Probably Never Heard of It - June 21 at 7:38 PM logoMeetMe, Inc. (MEET) Given a $9.00 Price Target by Roth Capital Analysts - June 19 at 12:38 AM logoMeet Group Inc (MEET) Downgraded to "Hold" at ValuEngine - June 15 at 8:50 PM logoMeet Group Inc (MEET) Given Consensus Recommendation of "Buy" by Brokerages - June 15 at 4:36 PM logoETFs with exposure to The Meet Group, Inc. : June 13, 2017 - June 13 at 6:40 PM logoETFs with exposure to The Meet Group, Inc. : June 2, 2017 - June 2 at 7:53 PM logo Analysts Anticipate Meet Group Inc (MEET) Will Announce Quarterly Sales of $30.60 Million - June 2 at 1:50 PM logoThe Meet Group, Inc. :MEET-US: Earnings Analysis: Q1, 2017 By the Numbers : June 1, 2017 - June 1 at 7:18 PM logoMeet Group Inc (MEET) PT Set at $9.00 by Roth Capital - June 1 at 4:14 PM



MeetMe (MEET) Chart for Monday, September, 25, 2017

This page was last updated on 9/25/2017 by Staff