The Meet Group, Inc. operates a portfolio of mobile social entertainment applications to meet the need for human connection worldwide. The company leverages a live-streaming video platform, empowering community to forge meaningful connections. The company's primary applications include, MeetMe, LOVOO, Skout, Tagged, and Growlr, which keeps mobile daily active users, entertained and engaged, and originate numbers of casual chats, friendships, dates, and marriages. Its applications available on iPhone, Android, iPad, and other tablets in various languages that facilitate interactions among users and encourage users to connect, communicate, and engage with each other. The company also owns and operates meetme.com, skout.com, tagged.com, hi5.com, lovoo.com, and growlrapp.com Websites; and provides online marketing capabilities, which enable marketers to display their advertisements in various formats and in various placements. 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
Industry Advertising
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone215-862-1162
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$178.61 million
Profitability
Miscellaneous
Employees296
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable
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) released its quarterly earnings results on Wednesday, May, 8th. The information services provider reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01. The information services provider earned $49.51 million during the quarter, compared to the consensus estimate of $47.70 million. Meet Group had a net margin of 3.47% and a return on equity of 10.76%. View Meet Group's Earnings History.
When is Meet Group's next earnings date?
What guidance has Meet Group issued on next quarter's earnings?
Meet Group issued an update on its FY 2019 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $210-215 million, compared to the consensus revenue estimate of $211.33 million.Meet Group also updated its Q2 2019 guidance to EPS.
What price target have analysts set for MEET?
3 brokerages have issued 12 month price objectives for Meet Group's stock. Their predictions range from $6.00 to $8.00. On average, they expect Meet Group's share price to reach $6.8125 in the next year. This suggests a possible upside of 63.4% from the stock's current price. View Analyst Price Targets 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meet Group.
Has Meet Group been receiving favorable news coverage?
Media stories about MEET stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Meet Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of Meet Group's key competitors?
What other stocks do shareholders of Meet Group own?
Who are Meet Group's key executives?
Meet Group's management team includes the folowing people:
- Mr. Geoffrey Cook, CEO & Director (Age 40)
- Mr. James E. Bugden, Chief Financial Officer (Age 49)
- Mr. Michael Johnson, Chief Accounting Officer (Age 48)
- Mr. Frederic Beckley, Gen. Counsel & Exec. VP of Bus. Affairs (Age 55)
- Ms. Leslie Arena, VP of Investor Relations
Who are Meet Group's major shareholders?
Meet Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Luxor Capital Group LP (15.74%), Dimensional Fund Advisors LP (7.98%), BlackRock Inc. (6.68%), Geode Capital Management LLC (1.66%), LSV Asset Management (1.26%) and Acadian Asset Management LLC (1.19%). Company insiders that own Meet Group stock include Bedi Ajay Singh, Geoffrey Cook, Jason Whitt, Luxor Capital Group, Lp, Spencer B Grimes, Spencer Garrett Rhodes and William Alena. View Institutional Ownership Trends for Meet Group.
Which institutional investors are selling Meet Group stock?
MEET stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, JPMorgan Chase & Co., Algert Global LLC, Rice Hall James & Associates LLC, Alambic Investment Management L.P., Dimensional Fund Advisors LP and Bailard Inc.. Company insiders that have sold Meet Group company stock in the last year include Bedi Ajay Singh, Geoffrey Cook and Jason Whitt. View Insider Buying and Selling for Meet Group.
Which institutional investors are buying Meet Group stock?
MEET stock was purchased by a variety of institutional investors in the last quarter, including Luxor Capital Group LP, Acadian Asset Management LLC, 361 Capital LLC, State of New Jersey Common Pension Fund D, ClariVest Asset Management LLC, Oxford Asset Management LLP, Geode Capital Management LLC and EAM Global Investors LLC. Company insiders that have bought Meet Group stock in the last two years include Luxor Capital Group, Lp, Spencer B Grimes, Spencer Garrett Rhodes and William Alena. View Insider Buying and Selling for Meet Group.
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 $4.17.
How big of a company is Meet Group?
Meet Group has a market capitalization of $314.08 million and generates $178.61 million in revenue each year. The information services provider earns $1.14 million in net income (profit) each year or $0.24 on an earnings per share basis. Meet Group employs 296 workers across the globe.
What is Meet Group's official website?
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.
