The 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: www.meetmecorp.com
Capitalization:- Market Cap: $258.47 million
- Outstanding Shares: 71,798,000
Average Prices:- 50 Day Moving Avg: $4.72
- 200 Day Moving Avg: $5.04
- 52 Week Range: $3.41 - $6.47
P/E:- Trailing P/E Ratio: 15.06
- Foreward P/E Ratio: 9.47
- P/E Growth: 0.41
Sales & Book Value:- Annual Revenue: $97.8 million
- Price / Sales: 2.64
- Book Value: $3.45 per share
- Price / Book: 1.04
Profitability:- EBIDTA: $26.4 million
- Net Margins: 15.95%
- Return on Equity: 11.47%
- Return on Assets: 10.67%
Debt:- Debt-to-Equity Ratio: 0.02%
- Current Ratio: 2.33%
- Quick Ratio: 2.33%
Misc:- Average Volume: 1.26 million shs.
- Beta: 0.86
- Short Ratio: 8.13
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) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $0.09 earnings per share for the quarter, beating the Zacks' 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 quarterly revenue was up 91.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.09 EPS. View MeetMe's Earnings History.
Where is MeetMe's stock going? Where will MeetMe's stock price be in 2017?
3 brokerages have issued 12 month price objectives for MeetMe's shares. Their forecasts range from $6.00 to $10.00. On average, they anticipate MeetMe's stock price to reach $8.25 in the next year. 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. " (8/10/2017)
- 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 MeetMe's key competitors?
Some companies that are related to MeetMe include Xcerra Corporation (XCRA), Ichor Holdings (ICHR), ShoreTel (SHOR), Castlight Health, inc. (CSLT), Kimball Electronics (KE), Cohu (COHU), VASCO Data Security International (VDSI), Ballard Power Systems (BLDP), Mistras Group (MG), PDF Solutions (PDFS), Upland Software (UPLD), QAD (QADB), Cutera (CUTR), XO Group (XOXO), Intelsat S.A. (I), Stoneridge (SRI), Comtech Telecommunications Corp. (CMTL) and A10 Networks (ATEN).
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
- Jason Whitt, Independent Director
Who owns MeetMe stock?
MeetMe's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.47%),
HARVEST CAPITAL STRATEGIES LLC
(6.40%), Vanguard Group Inc. (4.20%), State Street Corp (2.11%), Pacific Ridge Capital Partners LLC (1.90%) and Lyon Street Capital LLC (1.46%). 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 $3.60.
MarketBeat Community Rating for MeetMe (NASDAQ MEET)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.
Earnings History for MeetMe (NASDAQ:MEET)Earnings History by Quarter for MeetMe (NASDAQ MEET)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/3/2017 | Q2 2017 | $0.07 | $0.09 | $30.70 million | $31.33 million | View | Listen |  |
| 5/8/2017 | Q1 2017 | $0.05 | $0.05 | $20.05 million | $20.10 million | View | Listen | |
| 3/6/2017 | Q4 2016 | $0.17 | $0.19 | $28.75 million | $29.20 million | View | Listen | |
| 11/7/2016 | Q316 | $0.10 | $0.10 | $17.24 million | $17.20 million | View | Listen | |
| 8/1/2016 | Q216 | $0.05 | $0.09 | $15.27 million | $16.40 million | View | N/A | |
| 5/5/2016 | Q116 | $0.02 | $0.04 | $12.80 million | $13.30 million | View | N/A | |
| 2/29/2016 | Q415 | $0.12 | $0.12 | $19.48 million | $19.90 million | View | Listen | |
| 11/3/2015 | Q315 | $0.04 | $0.09 | $13.50 million | $14.30 million | View | N/A | |
| 7/30/2015 | Q215 | ($0.01) | $0.02 | $10.60 million | $11.09 million | View | Listen | |
| 5/7/2015 | Q115 | ($0.02) | $0.01 | $11.33 million | $11.60 million | View | N/A | |
| 2/27/2015 | Q414 | | $0.02 | $13.00 million | $13.00 million | View | N/A | |
| 8/4/2014 | Q214 | ($0.06) | ($0.04) | $10.40 million | $10.70 million | View | N/A | |
| 5/8/2014 | Q114 | ($0.03) | ($0.09) | $9.38 million | $9.50 million | View | N/A | |
| 11/6/2013 | Q313 | ($0.05) | ($0.04) | $10.10 million | $10.10 million | View | N/A | |
| 8/8/2013 | Q2 2013 | ($0.09) | ($0.05) | $8.90 million | $9.50 million | View | N/A | |
| 5/8/2013 | Q113 | ($0.10) | ($0.04) | $7.30 million | $7.80 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for MeetMe (NASDAQ:MEET)2017 EPS Consensus Estimate: $0.45
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.06 | $0.06 | $0.06 |
| Q2 2017 | 1 | $0.09 | $0.09 | $0.09 |
| Q3 2017 | 1 | $0.11 | $0.11 | $0.11 |
| Q4 2017 | 1 | $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 MarketBeat.com
Insider Trading and Institutional Ownership History for MeetMe (NASDAQ:MEET)Insider Ownership Percentage: 4.70%
Institutional Ownership Percentage: 50.15%
Insider Trades by Quarter for MeetMe (NASDAQ:MEET)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 4/27/2017 | Jason Whitt | Director | Sell | 4,329 | $5.97 | $25,844.13 | |
| 1/19/2017 | Geoffrey Cook | CEO | Sell | 250,000 | $5.02 | $1,255,000.00 | |
| 12/8/2016 | David D Clark | CFO | Sell | 94,291 | $5.30 | $499,742.30 | |
| 11/29/2016 | Jonah H Harris | Insider | Sell | 4,000 | $4.88 | $19,520.00 | |
| 8/16/2016 | Ernesto Cruz | Director | Sell | 137,500 | $4.80 | $660,000.00 | |
| 8/3/2016 | Frederic Beckley | General Counsel | Sell | 265,401 | $7.13 | $1,892,309.13 | |
| 8/3/2016 | Spencer Garrett Rhodes | Director | Sell | 70,182 | $7.35 | $515,837.70 | |
| 8/3/2016 | William Alena | CRO | Sell | 458,626 | $7.07 | $3,242,485.82 | |
| 6/20/2016 | John Abbott | Director | Sell | 75,000 | $4.85 | $363,750.00 | |
| 6/14/2016 | John Abbott | Director | Sell | 85,000 | $4.64 | $394,400.00 | |
| 6/7/2016 | Geoffrey Cook | CEO | Sell | 100,000 | $4.13 | $413,000.00 | |
| 6/1/2016 | Geoffrey Cook | CEO | Sell | 50,000 | $3.73 | $186,500.00 | |
| 5/23/2016 | Geoffrey Cook | CEO | Sell | 50,000 | $3.24 | $162,000.00 | |
| 5/23/2016 | Jonah H Harris | CTO | Sell | 5,500 | $3.23 | $17,765.00 | |
| 5/16/2016 | Frederic Beckley | General Counsel | Sell | 9,360 | $3.41 | $31,917.60 | |
| 5/16/2016 | Jonah H Harris | CRO | Sell | 20,833 | $3.41 | $71,040.53 | |
| 5/9/2016 | David D Clark | CFO | Sell | 5,285 | $3.24 | $17,123.40 | |
| 5/9/2016 | Frederic Beckley | General Counsel | Sell | 3,867 | $3.24 | $12,529.08 | |
| 5/9/2016 | Geoffrey Cook | CEO | Sell | 11,424 | $3.24 | $37,013.76 | |
| 5/9/2016 | Jonah H Harris | CRO | Sell | 2,737 | $3.24 | $8,867.88 | |
| 4/20/2016 | Jean B Clifton | Director | Sell | 2,783 | $3.31 | $9,211.73 | |
| 4/18/2016 | David D Clark | CFO | Sell | 8,465 | $3.29 | $27,849.85 | |
| 4/18/2016 | Frederic Beckley | General Counsel | Sell | 6,207 | $3.29 | $20,421.03 | |
| 4/18/2016 | Geoffrey Cook | CEO | Sell | 18,469 | $3.29 | $60,763.01 | |
| 4/18/2016 | John Abbott | Director | Sell | 2,818 | $3.29 | $9,271.22 | |
| 4/18/2016 | William Alena | CRO | Sell | 5,669 | $3.29 | $18,651.01 | |
| 4/13/2016 | Geoffrey Cook | CEO | Sell | 40,000 | $3.17 | $126,800.00 | |
| 4/1/2016 | Geoffrey Cook | CEO | Sell | 30,000 | $2.82 | $84,600.00 | |
| 2/24/2016 | Geoffrey Cook | CEO | Sell | 50,000 | $3.46 | $173,000.00 | |
| 1/19/2016 | Geoffrey Cook | CEO | Sell | 50,000 | $3.18 | $159,000.00 | |
| 1/8/2016 | John Abbott | Director | Sell | 210,000 | $4.01 | $842,100.00 | |
| 12/16/2015 | Spencer Garrett Rhodes | Director | Sell | 95,917 | $3.18 | $305,016.06 | |
| 10/28/2015 | Geoffrey Cook | CEO | Sell | 180,000 | $2.47 | $444,600.00 | |
| 10/27/2015 | Geoffrey Cook | CEO | Sell | 3,700 | $2.47 | $9,139.00 | |
| 10/26/2015 | Geoffrey Cook | CEO | Sell | 122,352 | $2.46 | $300,985.92 | |
| 10/2/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.55 | $46,500.00 | |
| 9/15/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.55 | $46,500.00 | |
| 8/12/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.62 | $48,600.00 | |
| 7/6/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.56 | $46,800.00 | |
| 6/22/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.34 | $40,200.00 | |
| 5/19/2015 | Frederic Beckley | General Counsel | Sell | 8,638 | $1.64 | $14,166.32 | |
| 5/19/2015 | William Alena | CRO | Sell | 8,883 | $1.64 | $14,568.12 | |
| 5/18/2015 | Frederic Beckley | General Counsel | Sell | 8,364 | $1.64 | $13,716.96 | |
| 5/18/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.64 | $49,200.00 | |
| 5/18/2015 | William Alena | CRO | Sell | 8,601 | $1.64 | $14,105.64 | |
| 4/23/2015 | & Americans Trading T Mexicans | Major Shareholder | Buy | 336,927 | $1,450,000.00 | $488,544,150,000.00 | |
| 4/6/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.82 | $54,600.00 | |
| 3/25/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.92 | $57,600.00 | |
| 2/17/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.72 | $51,600.00 | |
| 1/26/2015 | Geoffrey Cook | CEO | Sell | 30,000 | $1.81 | $54,300.00 | |
| 12/5/2014 | David D Clark | CFO | Buy | 6,000 | $1.65 | $9,900.00 | |
| 11/25/2014 | Richard Friedman | CTO | Sell | 10,000 | $1.76 | $17,600.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for MeetMe (NASDAQ:MEET)
Latest Headlines for MeetMe (NASDAQ:MEET)
| Source: |
|
| Date | Headline |
|---|
 | Tagged Launches Tagged Live
finance.yahoo.com - August 16 at 6:07 AM |
 | Brokerages Anticipate MeetMe, Inc. (NASDAQ:MEET) Will Announce Quarterly Sales of $32.80 Million
www.americanbankingnews.com - August 11 at 7:00 PM |
| MeetMe, Inc. (NASDAQ:MEET) Given a $8.00 Price Target at Roth Capital
www.americanbankingnews.com - August 10 at 3:20 PM |
| ETFs with exposure to The Meet Group, Inc. : August 8, 2017
finance.yahoo.com - August 8 at 11:31 PM |
| The Meet Group, Inc. breached its 50 day moving average in a Bearish Manner : MEET-US : August 7, 2017
finance.yahoo.com - August 7 at 7:57 PM |
| Head to Head Analysis: MeetMe (MEET) and Jiayuan.com International (DATE)
www.americanbankingnews.com - August 7 at 2:38 PM |
| MeetMe, Inc. (NASDAQ:MEET) Price Target Lowered to $6.00 at JMP Securities
www.americanbankingnews.com - August 7 at 10:58 AM |
| Comparing LINE Corporation (LN) & MeetMe (MEET)
www.americanbankingnews.com - August 7 at 8:26 AM |
| MeetMe, Inc. (MEET) Issues Earnings Results
www.americanbankingnews.com - August 5 at 8:22 PM |
| MeetMe, Inc. (MEET) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 5 at 7:06 AM |
 | The Meet Group: Classic Overreaction
seekingalpha.com - August 5 at 2:45 AM |
| The Meet Group to Present at the Canaccord Genuity Growth Conference in Boston
finance.yahoo.com - August 5 at 2:45 AM |
| Is the Meet Group's 12% Sell-Off Overdone?
finance.yahoo.com - August 5 at 2:45 AM |
| Edited Transcript of MEET earnings conference call or presentation 3-Aug-17 8:30pm GMT
finance.yahoo.com - August 5 at 2:45 AM |
| The Meet Group Reports Second Quarter Financial Results
finance.yahoo.com - August 4 at 1:39 AM |
| Meet Group posts 2Q profit
finance.yahoo.com - August 4 at 1:39 AM |
| The Meet Group Announces Second Quarter 2017 Conference Call for August 3 at 4:30 p.m. Eastern Time
finance.yahoo.com - July 28 at 3:58 AM |
| Roth Capital Analysts Give MeetMe, Inc. (MEET) a $9.00 Price Target
www.americanbankingnews.com - July 23 at 4:21 PM |
| Zacks: Analysts Expect MeetMe, Inc. (NASDAQ:MEET) Will Announce Quarterly Sales of $30.60 Million
www.americanbankingnews.com - July 22 at 8:54 AM |
| MeetMe, Inc. (MEET) Expected to Post Earnings of $0.04 Per Share
www.americanbankingnews.com - July 20 at 6:24 PM |
| Zacks Investment Research Upgrades MeetMe, Inc. (MEET) to "Hold"
www.americanbankingnews.com - July 12 at 7:56 AM |
| MeetMe, Inc. (MEET) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 11 at 10:07 AM |
| The Meet Group, Inc. – Value Analysis (NASDAQ:MEET) : July 3, 2017
finance.yahoo.com - July 3 at 8:09 PM |
| The Meet Group, Inc. breached its 50 day moving average in a Bullish Manner : MEET-US : June 30, 2017
finance.yahoo.com - July 1 at 1:02 AM |
| $30.60 Million in Sales Expected for MeetMe, Inc. (MEET) This Quarter
www.americanbankingnews.com - June 28 at 11:12 AM |
 | MeetMe (MEET), Harvest Capital Entered into Cooperation Agreement
www.streetinsider.com - June 28 at 9:31 AM |
| The Meet Group Reaches Agreement with Harvest Capital
finance.yahoo.com - June 27 at 6:39 PM |
| Analysts Anticipate MeetMe, Inc. (MEET) Will Post Earnings of $0.04 Per Share
www.americanbankingnews.com - June 26 at 2:22 PM |
| ETFs with exposure to The Meet Group, Inc. : June 23, 2017
finance.yahoo.com - June 23 at 6:57 PM |
| This Social Media Stock Is Up 100% Over the Past 3 Years -- But You've Probably Never Heard of It
finance.yahoo.com - June 21 at 7:38 PM |
| MeetMe, Inc. (MEET) Given a $9.00 Price Target by Roth Capital Analysts
www.americanbankingnews.com - June 19 at 12:38 AM |
| Meet Group Inc (MEET) Downgraded to "Hold" at ValuEngine
www.americanbankingnews.com - June 15 at 8:50 PM |
| Meet Group Inc (MEET) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 15 at 4:36 PM |
| ETFs with exposure to The Meet Group, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 6:40 PM |
| ETFs with exposure to The Meet Group, Inc. : June 2, 2017
finance.yahoo.com - June 2 at 7:53 PM |
| Analysts Anticipate Meet Group Inc (MEET) Will Announce Quarterly Sales of $30.60 Million
www.americanbankingnews.com - June 2 at 1:50 PM |
| The Meet Group, Inc. :MEET-US: Earnings Analysis: Q1, 2017 By the Numbers : June 1, 2017
finance.yahoo.com - June 1 at 7:18 PM |
| Meet Group Inc (MEET) PT Set at $9.00 by Roth Capital
www.americanbankingnews.com - June 1 at 4:14 PM |
 | JCP Comments On Glass Lewis Recommendation Regarding Upcoming Fiesta Restaurant Group Annual Meeting
www.bizjournals.com - June 1 at 9:27 AM |
| $0.04 Earnings Per Share Expected for Meet Group Inc (MEET) This Quarter
www.americanbankingnews.com - May 31 at 10:28 AM |
| Anatomage Inc. presents latest virtual dissection technology and features at Users Group Meeting 2017
www.bizjournals.com - May 30 at 6:12 PM |
| Meet Group Inc (MEET) Short Interest Up 21.9% in May
www.americanbankingnews.com - May 25 at 11:28 AM |
 | Blackstone’s $100 Billion Bridge-and-Tunnel Man
www.wsj.com - May 24 at 6:34 PM |
 | The 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 |
| The Meet Group to Participate at 18th Annual B. Riley Investor Conference on May 25, 2017
finance.yahoo.com - May 23 at 10:32 AM |
| VPG Announces Annual Meeting Location and Webcast
www.businesswire.com - May 18 at 8:39 AM |
| Meet Group, Analyst Target Price, Recent Developments and Q1 Review
finance.yahoo.com - May 18 at 8:39 AM |
 | The Glimpse Group to Present at the 7th Annual LD Micro Invitational
www.nasdaq.com - May 17 at 11:26 PM |
 | CORRECTING 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 |
| Meet Group Inc (MEET) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 13 at 9:40 AM |
MeetMe (MEET) Chart for Sunday, August, 20, 2017
