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

$3.44
+0.04 (+1.18 %)
(As of 08/18/2019 01:08 PM ET)
Today's Range
$3.39
Now: $3.44
$3.46
50-Day Range
$3.3750
MA: $3.49
$3.77
52-Week Range
$3.05
Now: $3.44
$6.27
Volume500,300 shs
Average Volume1.19 million shs
Market Capitalization$262.33 million
P/E Ratio11.33
Dividend YieldN/A
Beta1.47
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$178.61 million
Cash Flow$0.4416 per share
Book Value$2.71 per share

Profitability

Net Income$1.14 million

Miscellaneous

Employees296
Market Cap$262.33 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 earnings results on Wednesday, July, 31st. The information services provider reported $0.08 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.01. The information services provider had revenue of $52 million for the quarter, compared to the consensus estimate of $50.67 million. Meet Group had a return on equity of 11.30% and a net margin of 4.53%. 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, November 6th 2019. View Earnings Estimates for Meet Group.

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

Meet Group updated its third quarter 2019 earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $50.5-51 million, compared to the consensus revenue estimate of $53.53 million.

What price target have analysts set for MEET?

6 Wall Street analysts have issued twelve-month target prices for Meet Group's shares. Their forecasts range from $6.25 to $8.00. On average, they anticipate Meet Group's share price to reach $7.2083 in the next year. This suggests a possible upside of 109.5% from the stock's current price. View Analyst Price Targets for Meet Group.

What is the consensus analysts' recommendation for Meet Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meet Group in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meet Group.

What are Wall Street analysts saying about Meet Group stock?

Here are some recent quotes from research analysts about Meet Group 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. " (7/26/2019)
  • 2. Aegis analysts commented, "We recently held investor meetings with MEET’s CEO Geoffrey Cook, in which he noted that several new near-term engagement and monetization features are on track for launch in the second half. Levels, which encourages both streamers and viewers to increase usage to unlock features by leveling up, is expected to launch on MeetMe and Skout later summer. Levels should increase engagement of the apps. Others such as the Dating Game, which is a nightly speed dating game, is also on track for lunch in 2H19, and should also increase app engagement. MEET also plans to launch special events and thematic Battles, which should drive both monetization and engagement. Lastly, MEET is also expecting to launch a standalone live app for users who want to engage in live streaming but do not want to do so on a dating product." (7/11/2019)

Has Meet Group been receiving favorable news coverage?

Media coverage about MEET stock has trended negative on Sunday, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Meet Group earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned media headlines about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Meet Group.

Who are some of Meet Group's key competitors?

What other stocks do shareholders of Meet Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Meet Group investors own include Micron Technology (MU), CA (CA), Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Endologix (ELGX), Arch Coal (ARCH), BlackRock (BLK), Intel (INTC) and Netflix (NFLX).

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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.85%), Vanguard Group Inc. (5.00%), Acadian Asset Management LLC (2.12%), Putnam Investments LLC (1.01%), Allianz Asset Management GmbH (0.97%) and State of New Jersey Common Pension Fund D (0.73%). 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 major investors are selling Meet Group stock?

MEET stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Russell Investments Group Ltd., Invesco Ltd., ClariVest Asset Management LLC, Alambic Investment Management L.P., Parametric Portfolio Associates LLC, Cubist Systematic Strategies LLC and AXA. 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 purchased by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Acadian Asset Management LLC, AQR Capital Management LLC, SG Americas Securities LLC, Systematic Financial Management LP, Vanguard Group Inc., Prudential Financial Inc. and Chicago Equity Partners 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 $3.44.

How big of a company is Meet Group?

Meet Group has a market capitalization of $262.33 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.View Additional Information About Meet Group.

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:  381 (Vote Outperform)
Underperform Votes:  423 (Vote Underperform)
Total Votes:  804
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 8/18/2019 by MarketBeat.com Staff

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