NASDAQ:MEET - Meet Group Stock Price, News, & Analysis

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$3.95 -0.06 (-1.50 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$3.95
Today's Range$3.95 - $4.12
52-Week Range$1.84 - $5.63
Volume574,375 shs
Average Volume761,048 shs
Market Capitalization$292.07 million
P/E Ratio12.74
Dividend YieldN/A
Beta1.6
The Meet Group, Inc. operates various mobile social entertainment applications. Its applications are designed to meet the universal need for human connection. The company leverages a powerful live-streaming video platform, empowering global community to forge meaningful connections. The company's primary applications include, MeetMe, LOVOO, Skout, and Tagged, which keeps mobile daily active users, entertained and engaged, and originate numbers of casual chats, friendships, dates, and marriages. Its applications available on iPhone, iPad, and Android 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, 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Advertising
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:MEET
Previous SymbolNASDAQ:QPSA
CUSIP58514110
Phone215-862-1162

Debt

Debt-to-Equity Ratio0.13
Current Ratio1.14
Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio12.74
Forward P/E Ratio18.81
P/E Growth0.94

Sales & Book Value

Annual Sales$123.75 million
Price / Sales2.36
Cash Flow$0.4841 per share
Price / Cash Flow8.16
Book Value$2.58 per share
Price / Book1.53

Profitability

EPS (Most Recent Fiscal Year)$0.31
Net Income$-64,590,000.00
Net Margins-42.63%
Return on Equity10.15%
Return on Assets7.03%

Miscellaneous

Employees298
Outstanding Shares73,940,000
Market Cap$292.07 million
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) announced its quarterly earnings data on Wednesday, November, 7th. The information services provider reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.02. The information services provider earned $45.72 million during the quarter, compared to analysts' expectations of $43.85 million. Meet Group had a negative net margin of 42.63% and a positive return on equity of 10.15%. View Meet Group's Earnings History.

When is Meet Group's next earnings date?

Meet Group is scheduled to release their next quarterly earnings announcement on Wednesday, March 6th 2019. View Earnings Estimates for Meet Group.

What guidance has Meet Group issued on next quarter's earnings?

Meet Group updated its FY 2018 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $174-175 million, compared to the consensus revenue estimate of $170.33 million.Meet Group also updated its Q4 2018 guidance to EPS.

What price target have analysts set for MEET?

2 brokers have issued twelve-month target prices for Meet Group's shares. Their forecasts range from $3.25 to $6.00. On average, they anticipate Meet Group's share price to reach $4.6250 in the next twelve months. This suggests a possible upside of 17.1% from the stock's current price. View Analyst Price Targets for Meet Group.

What is the consensus analysts' recommendation for Meet Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meet Group in the last year. There are currently 2 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 coverage about MEET stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Meet Group earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

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. Michael Johnson, Chief Accounting Officer (Age 47)
  • 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 Dimensional Fund Advisors LP (8.30%), BlackRock Inc. (6.80%), Vanguard Group Inc. (4.72%), Wilks Brothers LLC (1.74%), LSV Asset Management (1.35%) and JPMorgan Chase & Co. (0.67%). Company insiders that own Meet Group stock include Bedi Ajay Singh, Geoffrey Cook, Jason Whitt, Luxor Capital Group, Lp, Spencer Garrett Rhodes and William Alena. View Institutional Ownership Trends for Meet Group.

Which major investors are selling Meet Group stock?

MEET stock was sold by a variety of institutional investors in the last quarter, including Wilks Brothers LLC, LSV Asset Management, Allianz Asset Management GmbH, GSA Capital Partners LLP, Alambic Investment Management L.P., AQR Capital Management LLC and Symons Capital Management 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 major investors are buying Meet Group stock?

MEET stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Acadian Asset Management LLC, Putnam Investments LLC, Ativo Capital Management LLC, BlackRock Inc., Dimensional Fund Advisors LP and Russell Investments Group Ltd.. Company insiders that have bought Meet Group stock in the last two years include Luxor Capital Group, Lp, 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 $3.95.

How big of a company is Meet Group?

Meet Group has a market capitalization of $292.07 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.

What is Meet Group's official website?

The official website for Meet Group is http://www.themeetgroup.com.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  338 (Vote Outperform)
Underperform Votes:  358 (Vote Underperform)
Total Votes:  696
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.
This page was last updated on 12/9/2018 by MarketBeat.com Staff

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