Meet Group Company Profile (NASDAQ:MEET)

About Meet Group (NASDAQ:MEET)

Meet Group 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: Internet Information Providers
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:MEET
  • CUSIP: 58514110
  • Web: www.meetmecorp.com
Capitalization:
  • Market Cap: $326.72 million
  • Outstanding Shares: 69,515,000
Average Prices:
  • 50 Day Moving Avg: $5.49
  • 200 Day Moving Avg: $5.18
  • 52 Week Range: $3.33 - $8.11
P/E:
  • Trailing P/E Ratio: 6.40
  • Foreward P/E Ratio: 7.34
  • P/E Growth: 0.47
Sales & Book Value:
  • Annual Revenue: $82.86 million
  • Price / Sales: 3.94
  • Book Value: $3.49 per share
  • Price / Book: 1.35
Profitability:
  • EBIDTA: $26.44 million
  • Net Margins: 63.55%
  • Return on Equity: 15.13%
  • Return on Assets: 14.26%
Debt:
  • Current Ratio: 10.32%
  • Quick Ratio: 10.33%
Misc:
  • Average Volume: 2.34 million shs.
  • Beta: 1.08
  • Short Ratio: 2.55
 

Frequently Asked Questions for Meet Group (NASDAQ:MEET)

What is Meet Group's stock symbol?

Meet Group trades on the NASDAQ under the ticker symbol "MEET."

How were Meet Group's earnings last quarter?

Meet Group Inc (NASDAQ:MEET) announced its quarterly earnings data on Monday, May, 8th. The company reported $0.05 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.05. The business had revenue of $20.10 million for the quarter, compared to the consensus estimate of $20.05 million. Meet Group had a return on equity of 15.13% and a net margin of 63.55%. The business's revenue was up 51.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.04 earnings per share. View Meet Group's Earnings History.

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

4 equities research analysts have issued 1 year price targets for Meet Group's stock. Their forecasts range from $9.00 to $10.00. On average, they anticipate Meet Group's share price to reach $9.25 in the next year. View Analyst Ratings for Meet Group.

What are analysts saying about Meet Group stock?

Here are some recent quotes from research analysts about Meet Group 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. " (5/13/2017)
  • 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)

Who are some of Meet Group's key competitors?

Who owns Meet Group stock?

Meet Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.08%), HARVEST CAPITAL STRATEGIES LLC (6.00%), Vanguard Group Inc. (4.22%), Geode Capital Management LLC (1.83%), Pacific Ridge Capital Partners LLC (1.71%) and Lyon Street Capital LLC (1.41%). Company insiders that own Meet Group 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 Meet Group.

Who sold Meet Group stock? Who is selling Meet Group stock?

Meet Group's stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Morgan Stanley, Trexquant Investment LP, Wells Fargo & Company MN, Acrospire Investment Management LLC, Tudor Investment Corp ET AL, KCG Holdings Inc. and Bank of America Corp DE. Company insiders that have sold Meet Group stock in the last year include David D Clark, Ernesto Cruz, Frederic Beckley, Geoffrey Cook, Jason Whitt, John Abbott, Jonah H Harris, Spencer Garrett Rhodes and William Alena. View Insider Buying and Selling for Meet Group.

Who bought Meet Group stock? Who is buying Meet Group stock?

Meet Group's stock was bought by a variety of institutional investors in the last quarter, including Pacific Ridge Capital Partners LLC, Dimensional Fund Advisors LP, Foundry Partners LLC, Vanguard Group Inc., MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Herald Investment Management Ltd and Geode Capital Management LLC. View Insider Buying and Selling for Meet Group.

How do I buy Meet Group stock?

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

How much does a share of Meet Group stock cost?

One share of Meet Group stock can currently be purchased for approximately $4.70.

Analyst Ratings

Consensus Ratings for Meet Group (NASDAQ:MEET) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $9.25 (96.81% upside)

Analysts' Ratings History for Meet Group (NASDAQ:MEET)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/10/2017Loop CapitalReiterated RatingBuy$9.00MediumView Rating Details
3/21/2017Roth CapitalSet Price TargetBuy$9.00LowView Rating Details
3/20/2017Canaccord GenuityInitiated CoverageBuy -> Buy$10.00HighView Rating Details
3/8/2017JMP SecuritiesReiterated RatingOutperform$9.00MediumView Rating Details
5/8/2016Northland SecuritiesReiterated RatingBuyN/AView Rating Details
1/26/2016Topeka Capital MarketsInitiated CoverageBuy$6.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Meet Group (NASDAQ:MEET)
Earnings by Quarter for Meet Group (NASDAQ:MEET)
Earnings History by Quarter for Meet Group (NASDAQ:MEET)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)

Estimates

Earnings Estimates for Meet Group (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)

Dividends

Dividend History for Meet Group (NASDAQ:MEET)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Meet Group (NASDAQ:MEET)
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 53.81%
Insider Trades by Quarter for Meet Group (NASDAQ:MEET)
Institutional Ownership by Quarter for Meet Group (NASDAQ:MEET)
Insider Trades by Quarter for Meet Group (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)

Headlines

Headline Trends for Meet Group (NASDAQ:MEET)
Latest Headlines for Meet Group (NASDAQ:MEET)
Source:
DateHeadline
wsj.com logoBlackstone’s $100 Billion Bridge-and-Tunnel Man
www.wsj.com - May 24 at 6:34 PM
businesswire.com logoThe Meet Group to Participate at 18th Annual B. Riley Investor Conference on May 25, 2017 - Business Wire (press release)
www.businesswire.com - May 24 at 10:51 AM
finance.yahoo.com logoThe Meet Group to Participate at 18th Annual B. Riley Investor Conference on May 25, 2017
finance.yahoo.com - May 23 at 10:32 AM
businesswire.com logoVPG Announces Annual Meeting Location and Webcast
www.businesswire.com - May 18 at 8:39 AM
finance.yahoo.com logoMeet Group, Analyst Target Price, Recent Developments and Q1 Review
finance.yahoo.com - May 18 at 8:39 AM
nasdaq.com logoThe Glimpse Group to Present at the 7th Annual LD Micro Invitational
www.nasdaq.com - May 17 at 11:26 PM
globenewswire.com logoCORRECTING and REPLACING – Next Group Holdings Signs Letter of Intent to Wholly Acquire Leading Global Telecommunication Company Limecom Inc.
globenewswire.com - May 16 at 10:34 AM
americanbankingnews.com logoMeet Group Inc (MEET) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 13 at 9:40 AM
finance.yahoo.com logoImplied Volatility Surging for Meet Group (MEET) Stock Options
finance.yahoo.com - May 12 at 7:06 PM
theglobeandmail.com logoU.S. airlines meet with Homeland Security to discuss expanding laptop ban
www.theglobeandmail.com - May 11 at 11:59 PM
finance.yahoo.com logoThe Meet Group, Inc. – Value Analysis (NASDAQ:MEET) : May 11, 2017
finance.yahoo.com - May 11 at 11:59 PM
streetinsider.com logoForm 4 Meet Group, Inc. For: May 07 Filed by: Alena William - StreetInsider.com
www.streetinsider.com - May 10 at 11:34 PM
seekingalpha.com logoMeet Group -6.8% as net income dips - Seeking Alpha
seekingalpha.com - May 10 at 11:33 PM
streetinsider.com logoForm 4 Meet Group, Inc. For: May 07 Filed by: Alena William
www.streetinsider.com - May 10 at 12:30 PM
finance.yahoo.com logoThe Meet Group, Inc. breached its 50 day moving average in a Bearish Manner : MEET-US : May 10, 2017
finance.yahoo.com - May 10 at 12:30 PM
americanbankingnews.com logoMeet Group Inc (MEET) Stock Rating Reaffirmed by Loop Capital
www.americanbankingnews.com - May 10 at 11:06 AM
finance.yahoo.com logoEdited Transcript of MEET earnings conference call or presentation 8-May-17 8:30pm GMT
finance.yahoo.com - May 9 at 11:50 AM
feeds.benzinga.com logoWhat To Make Of Meet Group's 'Conservative' Guidance
feeds.benzinga.com - May 9 at 11:49 AM
americanbankingnews.com logoMeet Group Inc (MEET) Releases Quarterly Earnings Results, Hits Expectations
www.americanbankingnews.com - May 9 at 12:17 AM
americanbankingnews.com logoMeet Group Inc (MEET) Announces Quarterly Earnings Results, Meets Estimates
www.americanbankingnews.com - May 8 at 10:49 PM
cnbc.com logoMeet Group posts 1Q profit
www.cnbc.com - May 8 at 6:04 PM
seekingalpha.com logoThe Meet Group, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 8 at 6:04 PM
finance.yahoo.com logoThe Meet Group Reports First Quarter Financial Results
finance.yahoo.com - May 8 at 6:04 PM
bizjournals.com logoOutsourced Franchise Sales Organization Franchise Dynamics Sold by iFranchise Group
www.bizjournals.com - May 8 at 12:21 PM
reuters.com logoUPDATE 1-Buffett assails Wells Fargo, defends 3G at wide-ranging meeting
www.reuters.com - May 6 at 6:26 PM
News IconUPDATE 1-Insurance dampens Berkshire results before annual meeting
www.businessinsider.com - May 6 at 9:07 AM
americanbankingnews.com logoMeet Group Inc (MEET) Expected to Announce Earnings of $0.05 Per Share
www.americanbankingnews.com - May 5 at 11:18 AM
finance.yahoo.com logoThe Meet Group to Present at SunTrust Robinson Humphrey Internet and Digital Media Conference in San Francisco - Yahoo Finance
finance.yahoo.com - May 4 at 6:35 PM
finance.yahoo.com logoThe Meet Group to Present at SunTrust Robinson Humphrey Internet and Digital Media Conference in San Francisco
finance.yahoo.com - May 4 at 11:43 AM
americanbankingnews.com logoMeet Group (MEET) Receives Daily Media Sentiment Rating of 0.53
www.americanbankingnews.com - May 2 at 4:22 PM
americanbankingnews.com logoJason Whitt Sells 4,329 Shares of Meet Group Inc (MEET) Stock
www.americanbankingnews.com - May 1 at 11:34 PM
businesswire.com logoThe Meet Group Sets First Quarter 2017 Conference Call for May 8 at 4:30 p.m. Eastern Time - Business Wire (press release)
www.businesswire.com - May 1 at 5:31 PM
finance.yahoo.com logoThe Meet Group Sets First Quarter 2017 Conference Call for May 8 at 4:30 p.m. Eastern Time
finance.yahoo.com - May 1 at 5:31 PM
seekingalpha.com logoCowen Group's (COWN) CEO Peter Cohen on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 28 at 12:04 AM
prnewswire.com logoThe Hanover Insurance Group, Inc. To Hold Annual Meeting of Shareholders on ...
www.prnewswire.com - April 28 at 12:04 AM
americanbankingnews.com logoMeet Group (MEET) Receives Daily Media Impact Score of 0.50
www.americanbankingnews.com - April 27 at 10:06 AM
businesswire.com logoThe Meet Group To Ring The Nasdaq Stock Market Opening Bell - Business Wire (press release)
www.businesswire.com - April 27 at 9:35 AM
streetinsider.com logoJanus Capital (JNS) Shareholders Approve Merger with Henderson Group
www.streetinsider.com - April 25 at 5:49 PM
americanbankingnews.com logoMeet Group (MEET) Receiving Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 23 at 10:44 PM
bloomberg.com logoMeet the Latest Amazon Victim
www.bloomberg.com - April 20 at 11:35 PM
americanbankingnews.com logoMeet Group (MEET) Earns Daily Coverage Optimism Rating of 0.43
www.americanbankingnews.com - April 20 at 8:11 PM
marketwatch.com logoOneRoof Energy Group, Inc. Announces Voting Results of Special Shareholders' Meeting
www.marketwatch.com - April 20 at 6:34 PM
prnewswire.com logoCIAO Group Expects to Add Over $1 Million in Annualized Revenue Within 60 Days
www.prnewswire.com - April 20 at 10:05 AM
americanbankingnews.com logoMeet Group (MEET) Earning Favorable News Coverage, Report Finds
www.americanbankingnews.com - April 17 at 1:10 PM
americanbankingnews.com logo$19.9 Million in Sales Expected for Meet Group Inc (MEET) This Quarter
www.americanbankingnews.com - April 16 at 9:02 AM
americanbankingnews.com logoMeet Group Inc (MEET) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 14 at 12:12 PM
americanbankingnews.com logo Brokerages Expect Meet Group Inc (MEET) to Post $0.05 EPS
www.americanbankingnews.com - April 14 at 11:31 AM
bizjournals.com logoKLR Energy Acquisition Corp. Announces Meeting Date for Special Meeting of Stockholders to Approve Business Combination with Tema Oil and Gas Company
www.bizjournals.com - April 13 at 6:11 PM
finance.yahoo.com logoDanbel Ventures Inc. Announces Shareholder Approval of All Matters at Its Annual and Special Meeting
finance.yahoo.com - April 13 at 6:11 PM
americanbankingnews.com logoMeet Group (MEET) Receives Media Sentiment Score of 0.31
www.americanbankingnews.com - April 13 at 5:27 PM

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Meet Group (MEET) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff