NASDAQ:MEET - The Meet Group Stock Price, Price Target & More

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$4.35 +0.04 (+0.93 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$4.35
Today's Range$4.20 - $4.40
52-Week Range$1.84 - $5.45
Volume2.24 million shs
Average Volume1.28 million shs
Market Capitalization$311.68 million
P/E Ratio14.03
Dividend YieldN/A
Beta1.53
The Meet Group logoThe Meet Group, Inc. owns and operates a social network for meeting new people primarily on mobile platforms in the United States. The company owns and operates the MeetMe, Skout, Tagged, Hi5, and LOVOO mobile applications; and Websites, including meetme.com, skout.com, tagged.com, hi5.com, and lovoo.com, as well as Social Theater, a viral advertising platform. It also provides 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.

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Industry, Sector and Symbol

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 Ratio14.03
Forward P/E Ratio31.07
P/E Growth1.6

Sales & Book Value

Annual Sales$123.75 million
Price / Sales2.54
Cash Flow$0.4888 per share
Price / Cash8.90
Book Value$2.58 per share
Price / Book1.69

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

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The Meet Group (NASDAQ:MEET) Frequently Asked Questions

What is The Meet Group's stock symbol?

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

How were The Meet Group's earnings last quarter?

The Meet Group Inc. (NASDAQ:MEET) announced its earnings results on Wednesday, May, 2nd. The information services provider reported $0.05 EPS for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.03. The information services provider had revenue of $37.64 million for the quarter, compared to analysts' expectations of $34.15 million. The Meet Group had a positive return on equity of 9.49% and a negative net margin of 48.73%. View The Meet Group's Earnings History.

What price target have analysts set for MEET?

3 Wall Street analysts have issued 1-year target prices for The Meet Group's shares. Their predictions range from $3.00 to $6.00. On average, they anticipate The Meet Group's share price to reach $4.0833 in the next year. View Analyst Ratings for The Meet Group.

Who are some of The Meet Group's key competitors?

Who are The Meet Group's key executives?

The Meet Group's management team includes the folowing people:
  • Mr. Geoffrey Cook, CEO & Director (Age 39)
  • Mr. Frederic Beckley, Exec. VP of Bus. Affairs and Gen. Counsel (Age 54)
  • Mr. William Alena, Chief Revenue Officer (Age 46)
  • Mr. Jonah Harris, Exec. Officer (Age 36)
  • Mr. James E. Bugden, Chief Financial Officer (Age 48)

Has The Meet Group been receiving favorable news coverage?

Media coverage about MEET stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. The Meet Group earned a news impact score of 0.06 on Accern's scale. They also gave press coverage about the information services provider an impact score of 45.40 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are The Meet Group's major shareholders?

The Meet Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.27%), LSV Asset Management (1.82%), Allianz Asset Management GmbH (1.15%), Allianz Asset Management GmbH (1.15%), Millennium Management LLC (1.06%) and Northern Trust Corp (1.03%). Company insiders that own The Meet Group stock include David D Clark, Ernesto Cruz, Frederic Beckley, Geoffrey Cook, Jason Whitt, Jonah H Harris, Spencer Garrett Rhodes and William Alena. View Institutional Ownership Trends for The Meet Group.

Which major investors are selling The Meet Group stock?

MEET stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Alambic Investment Management L.P. and Russell Investments Group Ltd.. Company insiders that have sold The Meet Group company stock in the last year include Geoffrey Cook and Jason Whitt. View Insider Buying and Selling for The Meet Group.

Which major investors are buying The Meet Group stock?

MEET stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Intrinsic Edge Capital Management LLC, Dimensional Fund Advisors LP, GSA Capital Partners LLP, Spark Investment Management LLC, Mackay Shields LLC, Symons Capital Management Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for The Meet Group.

How do I buy shares of The 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 The Meet Group's stock price today?

One share of MEET stock can currently be purchased for approximately $4.35.

How big of a company is The Meet Group?

The Meet Group has a market capitalization of $311.68 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. The Meet Group employs 298 workers across the globe.

How can I contact The Meet Group?

The 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 The Meet Group (MEET)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  517
MarketBeat's community ratings are surveys of what our community members think about The 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.
This page was last updated on 6/23/2018 by MarketBeat.com Staff

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