Meet Group Stock Forecast, Price & News

Meet Group's stock was trading at $5.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MEET stock has increased by 5.4% and is now trading at $6.29.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meet Group in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Meet Group.

Meet Group is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Meet Group.

Meet Group Inc (NASDAQ:MEET) announced its quarterly earnings results on Thursday, August, 6th. The information services provider reported $0.26 EPS for the quarter, beating the Zacks' consensus estimate of $0.08 by $0.18. The information services provider had revenue of $90.33 million for the quarter, compared to analyst estimates of $53.20 million. Meet Group had a net margin of 6.20% and a return on equity of 18.39%. The business's revenue for the quarter was up 73.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 earnings per share.
View Meet Group's earnings history.

4 Wall Street analysts have issued twelve-month price targets for Meet Group's stock. Their forecasts range from $6.30 to $7.25. On average, they expect Meet Group's share price to reach $6.54 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
View analysts' price targets for Meet Group.

Some companies that are related to Meet Group include Facebook (FB), Equinix (EQIX), SEA (SE), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Stamps.com (STMP), Envestnet (ENV), LivePerson (LPSN), J2 Global (JCOM) and SPS Commerce (SPSC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Meet Group investors own include Micron Technology (MU), Alibaba Group (BABA), CA (CA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Walt Disney (DIS), Cisco Systems (CSCO), Endologix (ELGX), Gilead Sciences (GILD) and Arch Coal (ARCH).

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

Meet Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.72%), Candriam Luxembourg S.C.A. (3.73%), Man Group plc (2.57%), LSV Asset Management (1.48%), Ramius Advisors LLC (1.36%) and Goldman Sachs Group Inc. (1.10%). Company insiders that own Meet Group stock include Frederic Beckley, Geoffrey Cook, James E Bugden, Jason Whitt, Luxor Capital Group, Lp, Spencer B Grimes and Spencer Garrett Rhodes.
View institutional ownership trends for Meet Group.

MEET stock was sold by a variety of institutional investors in the last quarter, including Water Island Capital LLC, LSV Asset Management, Nuveen Asset Management LLC, Russell Investments Group Ltd., Bank of New York Mellon Corp, Two Sigma Advisers LP, Sei Investments Co., and Ancora Advisors LLC. Company insiders that have sold Meet Group company stock in the last year include Frederic Beckley, James E Bugden, and Luxor Capital Group, Lp.
View insider buying and selling activity for Meet Group.

MEET stock was bought by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Man Group plc, Syquant Capital Sas, WINTON GROUP Ltd, Goldman Sachs Group Inc., GABELLI & Co INVESTMENT ADVISERS INC., Gabelli Funds LLC, and SG Americas Securities LLC. Company insiders that have bought Meet Group stock in the last two years include Luxor Capital Group, Lp, Spencer B Grimes, and Spencer Garrett Rhodes.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of MEET stock can currently be purchased for approximately $6.29.

Meet Group has a market capitalization of $458.26 million and generates $211.70 million in revenue each year. The information services provider earns $11.33 million in net income (profit) each year or $0.36 on an earnings per share basis. Meet Group employs 296 workers across the globe.

The official website for Meet Group is www.themeetgroup.com.

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]