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.
Industry, Sector and Symbol
Industry Advertising
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone215-862-1162
Debt
Current Ratio1.14
Quick Ratio1.14
Price-To-Earnings
Sales & Book Value
Annual Sales$123.75 million
Price / Sales3.24
Price / Cash Flow11.19
Price / Book2.10
Profitability
Net Income$-64,590,000.00
Net Margins-42.63%
Return on Assets7.03%
Miscellaneous
Employees298
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 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 analyst estimates 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?
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 earnings per share 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 12 month price objectives for Meet Group's shares. Their forecasts range from $6.00 to $8.00. On average, they anticipate Meet Group's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 28.9% 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?
Headlines about MEET stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Meet Group earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news coverage about the information services provider a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the company's share price in the immediate future.
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 40)
- Mr. James E. Bugden, Chief Financial Officer (Age 49)
- Mr. Frederic Beckley, Exec. VP of Bus. Affairs & Gen. Counsel (Age 55)
- Mr. Michael Johnson, Chief Accounting Officer (Age 48)
- Ms. Leslie Arena, VP of Investor Relations
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 $5.43.
How big of a company is Meet Group?
Meet Group has a market capitalization of $400.76 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?
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.
