The Meet Group, Inc. operates various mobile social entertainment applications. Its applications are designed to meet the universal need for human connection. The company's applications include MeetMe, LOVOO, Skout, and Tagged that keep mobile daily active users entertained and engaged, and originate untold numbers of casual chats, friendships, dates, and marriages. Its applications available on iPhone, iPad, and Android in various languages use various products and sophisticated data science to let its users stream live video, send gifts, chat, and share photos. The company also owns and operates meetme.com, skout.com, tagged.com, hi5.com, and lovoo.com Websites; and provides online marketing capabilities, which enable marketers to display their advertisements in various formats and in various locations. The company was formerly known as MeetMe, Inc. and changed its name to The Meet Group, Inc. in April 2017. The Meet Group, Inc. was founded in 1997 and is headquartered in New Hope, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Advertising
Sub-IndustryInternet Software & Services
SectorComputer and Technology
SymbolNASDAQ:MEET
CUSIP58514110
Phone215-862-1162
Debt
Debt-to-Equity Ratio0.20
Current Ratio1.10
Quick Ratio1.10
Price-To-Earnings
Trailing P/E Ratio15.50
Forward P/E Ratio29.07
P/E Growth1.49
Sales & Book Value
Annual Sales$123.75 million
Price / Sales2.38
Cash Flow$0.4892 per share
Price / Cash8.32
Book Value$2.58 per share
Price / Book1.58
Profitability
EPS (Most Recent Fiscal Year)$0.31
Net Income$-64,590,000.00
Net Margins-48.73%
Return on Equity9.49%
Return on Assets7.51%
Miscellaneous
Employees298
Outstanding Shares72,320,000
Market Cap$291.43
Meet Group (NASDAQ:MEET) Frequently Asked Questions
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) issued its quarterly earnings results on Wednesday, May, 2nd. The information services provider reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. The information services provider earned $37.64 million during the quarter, compared to analysts' expectations of $34.15 million. Meet Group had a positive return on equity of 9.49% and a negative net margin of 48.73%. View Meet Group's Earnings History.
What price target have analysts set for MEET?
3 brokerages have issued 12-month price objectives for Meet Group's stock. Their forecasts range from $3.00 to $6.00. On average, they expect Meet Group's share price to reach $4.0833 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Ratings for Meet Group.
What is the consensus analysts' recommendation for Meet Group?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meet Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Meet Group's key competitors?
Who are Meet Group's key executives?
Meet Group's management team includes the folowing people:
- Mr. Geoffrey Cook, CEO & Director (Age 39)
- Mr. James E. Bugden, Chief Financial Officer (Age 48)
- Mr. Frederic Beckley, Exec. VP of Bus. Affairs & Gen. Counsel (Age 54)
- Mr. William Alena, Chief Revenue Officer (Age 46)
- Mr. Michael Johnson, Chief Accounting Officer (Age 47)
Has Meet Group been receiving favorable news coverage?
News stories about MEET stock have been trending somewhat positive on Wednesday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Meet Group earned a daily sentiment score of 0.22 on Accern's scale. They also assigned news stories about the information services provider an impact score of 46.10 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
How do I buy shares of Meet Group?
Shares of MEET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Meet Group's stock price today?
One share of MEET stock can currently be purchased for approximately $4.07.
How big of a company is Meet Group?
Meet Group has a market capitalization of $291.43 million and generates $123.75 million in revenue each year. The information services provider earns $-64,590,000.00 in net income (profit) each year or $0.31 on an earnings per share basis. Meet Group employs 298 workers across the globe.
How can I contact Meet Group?
Meet Group's mailing address is 100 UNION SQUARE DRIVE, NEW HOPE PA, 18938. The information services provider can be reached via phone at 215-862-1162 or via email at [email protected]
MarketBeat Community Rating for Meet Group (NASDAQ MEET)
MarketBeat's community ratings are surveys of what our community members think about Meet Group and other stocks. Vote "Outperform" if you believe MEET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEET will underperform the S&P 500 over the long term. You may vote once every thirty days.
