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

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

Meet Group Inc (NASDAQ:MEET) announced its quarterly earnings data on Thursday, November, 7th. The information services provider reported $0.09 EPS for the quarter, meeting the consensus estimate of $0.09. The information services provider earned $52.62 million during the quarter, compared to analysts' expectations of $51.57 million. Meet Group had a net margin of 5.20% and a return on equity of 12.28%. View Meet Group's Earnings History.

Meet Group is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Meet Group.

Meet Group updated its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$56.9-58.4 million, compared to the consensus revenue estimate of $$57.02 million.

6 analysts have issued twelve-month price targets for Meet Group's stock. Their forecasts range from $6.00 to $8.00. On average, they expect Meet Group's stock price to reach $6.83 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for Meet Group.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meet Group in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meet Group.

News headlines about MEET stock have trended extremely negative on Friday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. 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 -5.0 on InfoTrie's scale. They also gave news coverage about the information services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Meet Group.

Meet Group saw a increase in short interest in December. As of December 31st, there was short interest totalling 13,290,000 shares, an increase of 6.9% from the December 15th total of 12,430,000 shares. Based on an average trading volume of 1,010,000 shares, the short-interest ratio is currently 13.2 days. Currently, 20.3% of the company's shares are short sold. View Meet Group's Current Options Chain.

Some companies that are related to Meet Group include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), Verisign (VRSN), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Cornerstone OnDemand (CSOD), Envestnet (ENV), Cimpress (CMPR) and LivePerson (LPSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Meet Group investors own include Micron Technology (MU), Advanced Micro Devices (AMD), CA (CA), Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Walt Disney (DIS), Broadcom (AVGO), Cisco Systems (CSCO) and Paypal (PYPL).

Meet Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Clear Street Markets LLC (0.02%). Company insiders that own Meet Group stock include Bedi Ajay Singh, 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 bought by a variety of institutional investors in the last quarter, including Clear Street Markets 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 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 $5.89.

Meet Group has a market capitalization of $422.01 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.

The official website for Meet Group is http://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]