MeetMe Company Profile (NASDAQ:MEET)

About MeetMe (NASDAQ:MEET)

MeetMe logoThe Meet Group, Inc., formerly MeetMe, Inc., offers a portfolio of mobile applications. The Company operates location-based social networks for meeting new people on mobile platforms, including on iPhone, Android, iPad and other tablets, and on the Web that facilitate interactions among users, and helps users to connect and chat with each other. The Company offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations. The Company holds interest in Skout, Inc. (Skout), which serves as a global mobile network for meeting new people. The Company's social networking products include Chat, Profile and Friends. Its social discovery products facilitate interactions among members. The Company's social discovery products include Meet, Discuss and Buzz, and Interested. The Company's products also include Social Theater.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Social Media & Networking
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:MEET
  • CUSIP: 58514110
  • Web: www.meetmecorp.com
Capitalization:
  • Market Cap: $259.19 million
  • Outstanding Shares: 71,798,000
Average Prices:
  • 50 Day Moving Avg: $3.75
  • 200 Day Moving Avg: $4.67
  • 52 Week Range: $3.41 - $6.45
P/E:
  • Trailing P/E Ratio: 14.44
  • Foreward P/E Ratio: 9.58
  • P/E Growth: 0.43
Sales & Book Value:
  • Annual Revenue: $97.8 million
  • Price / Sales: 2.53
  • Book Value: $3.45 per share
  • Price / Book: 1.00
Profitability:
  • EBITDA: $26.4 million
  • Net Margins: 15.95%
  • Return on Equity: 11.47%
  • Return on Assets: 10.67%
Debt:
  • Debt-to-Equity Ratio: 0.02%
  • Current Ratio: 2.33%
  • Quick Ratio: 2.33%
Misc:
  • Average Volume: 1.09 million shs.
  • Beta: 0.74
  • Short Ratio: 11.26
 

Frequently Asked Questions for MeetMe (NASDAQ:MEET)

What is MeetMe's stock symbol?

MeetMe trades on the NASDAQ under the ticker symbol "MEET."

How were MeetMe's earnings last quarter?

MeetMe, Inc. (NASDAQ:MEET) released its quarterly earnings data on Thursday, August, 3rd. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The company earned $31.33 million during the quarter, compared to the consensus estimate of $30.70 million. MeetMe had a net margin of 15.95% and a return on equity of 11.47%. The firm's revenue for the quarter was up 91.2% compared to the same quarter last year. During the same period last year, the firm earned $0.09 EPS. View MeetMe's Earnings History.

Where is MeetMe's stock going? Where will MeetMe's stock price be in 2017?

3 equities research analysts have issued 1 year target prices for MeetMe's stock. Their forecasts range from $6.00 to $10.00. On average, they anticipate MeetMe's stock price to reach $8.25 in the next twelve months. View Analyst Ratings for MeetMe.

What are analysts saying about MeetMe stock?

Here are some recent quotes from research analysts about MeetMe 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. " (8/30/2017)
  • 2. Canaccord Genuity analysts commented, "We believe MeetMe occupies a promising spot on the social networking landscape. While the platform is lesser-known than other dating and social networking services, user trends within its target young demographic are solid, and we see incremental monetization opportunities. We also believe the recent acquisitions of Skout and If(we) are promising and see potential for more." (3/20/2017)

Who are some of MeetMe's key competitors?

Who are MeetMe's key executives?

MeetMe's management team includes the folowing people:

  • Geoffrey Cook, Chief Executive Officer, Director
  • David D. Clark, Chief Financial Officer
  • Frederic Beckley, Executive Vice President - Business Affairs, General Counsel
  • Niklas Lindstrom, Chief Technology Officer
  • William Alena, Chief Revenue Officer
  • Spencer G. Rhodes, Non-Executive Independent Chairman of the Board
  • Jean Clifton, Independent Director
  • Christopher D. Fralic, Independent Director
  • Jim Parmelee, Independent Director
  • Bedi Ajay Singh, Independent Director

Who owns MeetMe stock?

MeetMe's stock is owned by many different of institutional and retail investors. Top institutional investors include HARVEST CAPITAL STRATEGIES LLC (4.60%). Company insiders that own MeetMe stock include David D Clark, Ernesto Cruz, Frederic Beckley, Geoffrey Cook, Jason Whitt, Jean B Clifton, John Abbott, Jonah H Harris, Spencer Garrett Rhodes and William Alena. View Institutional Ownership Trends for MeetMe.

How do I buy MeetMe stock?

Shares of MeetMe can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MeetMe's stock price today?

One share of MeetMe stock can currently be purchased for approximately $3.45.


MarketBeat Community Rating for MeetMe (NASDAQ MEET)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  96 (Vote Underperform)
Total Votes:  296
MarketBeat's community ratings are surveys of what our community members think about MeetMe and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MeetMe (NASDAQ:MEET) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $8.25 (139.13% upside)
Consensus Price Target History for MeetMe (NASDAQ:MEET)
Price Target History for MeetMe (NASDAQ:MEET)
Analysts' Ratings History for MeetMe (NASDAQ:MEET)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/22/2017Roth CapitalSet Price TargetBuy$8.00LowView Rating Details
8/7/2017JMP SecuritiesLower Price TargetMkt Outperform -> Mkt Outperform$8.00 -> $6.00HighView Rating Details
5/10/2017Loop CapitalReiterated RatingBuy$9.00MediumView Rating Details
3/20/2017Canaccord GenuityInitiated CoverageBuy -> Buy$10.00HighView Rating Details
5/8/2016Northland SecuritiesReiterated RatingBuyN/AView Rating Details
1/26/2016Topeka Capital MarketsInitiated CoverageBuy$6.00N/AView Rating Details
(Data available from 10/17/2015 forward)

Earnings

Earnings History for MeetMe (NASDAQ:MEET)
Earnings by Quarter for MeetMe (NASDAQ:MEET)
Earnings History by Quarter for MeetMe (NASDAQ MEET)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017Q2 2017$0.07$0.09$30.70 million$31.33 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.05$0.05$20.05 million$20.10 millionViewListenView Earnings Details
3/6/2017Q4 2016$0.17$0.19$28.75 million$29.20 millionViewListenView Earnings Details
11/7/2016Q316$0.10$0.10$17.24 million$17.20 millionViewListenView Earnings Details
8/1/2016Q216$0.05$0.09$15.27 million$16.40 millionViewN/AView Earnings Details
5/5/2016Q116$0.02$0.04$12.80 million$13.30 millionViewN/AView Earnings Details
2/29/2016Q415$0.12$0.12$19.48 million$19.90 millionViewListenView Earnings Details
11/3/2015Q315$0.04$0.09$13.50 million$14.30 millionViewN/AView Earnings Details
7/30/2015Q215($0.01)$0.02$10.60 million$11.09 millionViewListenView Earnings Details
5/7/2015Q115($0.02)$0.01$11.33 million$11.60 millionViewN/AView Earnings Details
2/27/2015Q414$0.02$13.00 million$13.00 millionViewN/AView Earnings Details
8/4/2014Q214($0.06)($0.04)$10.40 million$10.70 millionViewN/AView Earnings Details
5/8/2014Q114($0.03)($0.09)$9.38 million$9.50 millionViewN/AView Earnings Details
11/6/2013Q313($0.05)($0.04)$10.10 million$10.10 millionViewN/AView Earnings Details
8/8/2013Q2 2013($0.09)($0.05)$8.90 million$9.50 millionViewN/AView Earnings Details
5/8/2013Q113($0.10)($0.04)$7.30 million$7.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MeetMe (NASDAQ:MEET)
2017 EPS Consensus Estimate: $0.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.06$0.06$0.06
Q2 20171$0.09$0.09$0.09
Q3 20171$0.11$0.11$0.11
Q4 20171$0.19$0.19$0.19
(Data provided by Zacks Investment Research)

Dividends

Dividend History for MeetMe (NASDAQ:MEET)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for MeetMe (NASDAQ:MEET)
Insider Ownership Percentage: 4.70%
Institutional Ownership Percentage: 56.31%
Insider Trades by Quarter for MeetMe (NASDAQ:MEET)
Institutional Ownership by Quarter for MeetMe (NASDAQ:MEET)
Insider Trades by Quarter for MeetMe (NASDAQ:MEET)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/27/2017Jason WhittDirectorSell4,329$5.97$25,844.13View SEC Filing  
1/19/2017Geoffrey CookCEOSell250,000$5.02$1,255,000.00View SEC Filing  
12/8/2016David D ClarkCFOSell94,291$5.30$499,742.30View SEC Filing  
11/29/2016Jonah H HarrisInsiderSell4,000$4.88$19,520.00View SEC Filing  
8/16/2016Ernesto CruzDirectorSell137,500$4.80$660,000.00View SEC Filing  
8/3/2016Frederic BeckleyGeneral CounselSell265,401$7.13$1,892,309.13View SEC Filing  
8/3/2016Spencer Garrett RhodesDirectorSell70,182$7.35$515,837.70View SEC Filing  
8/3/2016William AlenaCROSell458,626$7.07$3,242,485.82View SEC Filing  
6/20/2016John AbbottDirectorSell75,000$4.85$363,750.00View SEC Filing  
6/14/2016John AbbottDirectorSell85,000$4.64$394,400.00View SEC Filing  
6/7/2016Geoffrey CookCEOSell100,000$4.13$413,000.00View SEC Filing  
6/1/2016Geoffrey CookCEOSell50,000$3.73$186,500.00View SEC Filing  
5/23/2016Geoffrey CookCEOSell50,000$3.24$162,000.00View SEC Filing  
5/23/2016Jonah H HarrisCTOSell5,500$3.23$17,765.00View SEC Filing  
5/16/2016Frederic BeckleyGeneral CounselSell9,360$3.41$31,917.60View SEC Filing  
5/16/2016Jonah H HarrisCROSell20,833$3.41$71,040.53View SEC Filing  
5/9/2016David D ClarkCFOSell5,285$3.24$17,123.40View SEC Filing  
5/9/2016Frederic BeckleyGeneral CounselSell3,867$3.24$12,529.08View SEC Filing  
5/9/2016Geoffrey CookCEOSell11,424$3.24$37,013.76View SEC Filing  
5/9/2016Jonah H HarrisCROSell2,737$3.24$8,867.88View SEC Filing  
4/20/2016Jean B CliftonDirectorSell2,783$3.31$9,211.73View SEC Filing  
4/18/2016David D ClarkCFOSell8,465$3.29$27,849.85View SEC Filing  
4/18/2016Frederic BeckleyGeneral CounselSell6,207$3.29$20,421.03View SEC Filing  
4/18/2016Geoffrey CookCEOSell18,469$3.29$60,763.01View SEC Filing  
4/18/2016John AbbottDirectorSell2,818$3.29$9,271.22View SEC Filing  
4/18/2016William AlenaCROSell5,669$3.29$18,651.01View SEC Filing  
4/13/2016Geoffrey CookCEOSell40,000$3.17$126,800.00View SEC Filing  
4/1/2016Geoffrey CookCEOSell30,000$2.82$84,600.00View SEC Filing  
2/24/2016Geoffrey CookCEOSell50,000$3.46$173,000.00View SEC Filing  
1/19/2016Geoffrey CookCEOSell50,000$3.18$159,000.00View SEC Filing  
1/8/2016John AbbottDirectorSell210,000$4.01$842,100.00View SEC Filing  
12/16/2015Spencer Garrett RhodesDirectorSell95,917$3.18$305,016.06View SEC Filing  
10/28/2015Geoffrey CookCEOSell180,000$2.47$444,600.00View SEC Filing  
10/27/2015Geoffrey CookCEOSell3,700$2.47$9,139.00View SEC Filing  
10/26/2015Geoffrey CookCEOSell122,352$2.46$300,985.92View SEC Filing  
10/2/2015Geoffrey CookCEOSell30,000$1.55$46,500.00View SEC Filing  
9/15/2015Geoffrey CookCEOSell30,000$1.55$46,500.00View SEC Filing  
8/12/2015Geoffrey CookCEOSell30,000$1.62$48,600.00View SEC Filing  
7/6/2015Geoffrey CookCEOSell30,000$1.56$46,800.00View SEC Filing  
6/22/2015Geoffrey CookCEOSell30,000$1.34$40,200.00View SEC Filing  
5/19/2015Frederic BeckleyGeneral CounselSell8,638$1.64$14,166.32View SEC Filing  
5/19/2015William AlenaCROSell8,883$1.64$14,568.12View SEC Filing  
5/18/2015Frederic BeckleyGeneral CounselSell8,364$1.64$13,716.96View SEC Filing  
5/18/2015Geoffrey CookCEOSell30,000$1.64$49,200.00View SEC Filing  
5/18/2015William AlenaCROSell8,601$1.64$14,105.64View SEC Filing  
4/23/2015& Americans Trading T MexicansMajor ShareholderBuy336,927$1,450,000.00$488,544,150,000.00View SEC Filing  
4/6/2015Geoffrey CookCEOSell30,000$1.82$54,600.00View SEC Filing  
3/25/2015Geoffrey CookCEOSell30,000$1.92$57,600.00View SEC Filing  
2/17/2015Geoffrey CookCEOSell30,000$1.72$51,600.00View SEC Filing  
1/26/2015Geoffrey CookCEOSell30,000$1.81$54,300.00View SEC Filing  
12/5/2014David D ClarkCFOBuy6,000$1.65$9,900.00View SEC Filing  
11/25/2014Richard FriedmanCTOSell10,000$1.76$17,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MeetMe (NASDAQ:MEET)
Latest Headlines for MeetMe (NASDAQ:MEET)
Source:
DateHeadline
finance.yahoo.com logoCompany Profile for The Meet Group
finance.yahoo.com - October 14 at 2:56 AM
finance.yahoo.com logoETFs with exposure to The Meet Group, Inc. : October 9, 2017
finance.yahoo.com - October 9 at 4:03 PM
americanbankingnews.com logoMeetMe (MEET) & Twitter (TWTR) Financial Analysis
www.americanbankingnews.com - October 6 at 12:12 PM
finance.yahoo.com logoThe Meet Group Wins a Spot on the Soaring 76 – Greater Philadelphia's List of Fastest Growing Public Companies
finance.yahoo.com - October 2 at 11:56 AM
finance.yahoo.com logoThe Meet Group's Latest Acquisition Brings International Exposure, Diversified Revenue
finance.yahoo.com - October 2 at 11:56 AM
americanbankingnews.com logo Analysts Expect MeetMe, Inc. (MEET) Will Announce Quarterly Sales of $32.00 Million
www.americanbankingnews.com - October 2 at 1:54 AM
nasdaq.com logoMeetMe Set to Buy LOOVO, Expand International Customer Base - Nasdaq
www.nasdaq.com - September 27 at 3:49 PM
zacks.com logoMeetMe Set to Buy LOOVO, Expand International Customer Base
www.zacks.com - September 27 at 9:53 AM
finance.yahoo.com logoThe Meet Group’s Jim Bugden Presents at GDI London Dating Conference
finance.yahoo.com - September 27 at 9:53 AM
finance.yahoo.com logoETFs with exposure to The Meet Group, Inc. : September 26, 2017
finance.yahoo.com - September 26 at 6:04 PM
finance.yahoo.com logoPhilly New Technology Meetup Welcomes The Meet Group's Catherine Cook Connelly as Guest Speaker
finance.yahoo.com - September 26 at 6:04 PM
finance.yahoo.com logoThe Meet Group, Inc. :MEET-US: Earnings Analysis: Q2, 2017 By the Numbers : September 25, 2017
finance.yahoo.com - September 25 at 7:21 PM
americanbankingnews.com logoMeetMe, Inc. (MEET) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 24 at 2:38 AM
finance.yahoo.com logoThe Meet Group to Acquire LOVOO
finance.yahoo.com - September 22 at 5:05 AM
finance.yahoo.com logoNew Hope tech company to acquire German dating app for $70M
finance.yahoo.com - September 22 at 5:05 AM
finance.yahoo.com logoPhiladelphia and San Francisco Timmy Awards Selects The Meet Group as a Best Tech Workplace for Diversity Finalist
finance.yahoo.com - September 22 at 5:05 AM
americanbankingnews.com logoAnalyzing Renren (RENN) & MeetMe (MEET)
www.americanbankingnews.com - September 22 at 2:20 AM
americanbankingnews.com logoMeetMe, Inc. (MEET) Short Interest Down 10.2% in August
www.americanbankingnews.com - September 16 at 1:20 AM
americanbankingnews.com logo$32.80 Million in Sales Expected for MeetMe, Inc. (MEET) This Quarter
www.americanbankingnews.com - September 14 at 12:40 PM
finance.yahoo.com logoCatherine Cook Connelly To Speak at App Valley 2017 Conference
finance.yahoo.com - September 8 at 3:44 AM
americanbankingnews.com logoMeetMe (MEET) vs. Renren (RENN) Head-To-Head Survey
www.americanbankingnews.com - September 7 at 8:30 PM
streetinsider.com logoMeetMe (MEET) Names Bedi Singh to Board
www.streetinsider.com - September 5 at 10:06 PM
finance.yahoo.com logoThe Meet Group Appoints Mr. Bedi A. Singh to its Board of Directors
finance.yahoo.com - September 5 at 5:05 PM
americanbankingnews.com logo Analysts Expect MeetMe, Inc. (MEET) Will Announce Earnings of $0.11 Per Share
www.americanbankingnews.com - August 28 at 9:54 AM
finance.yahoo.com logoTagged Launches Tagged Live
finance.yahoo.com - August 16 at 6:07 AM
americanbankingnews.com logo Brokerages Anticipate MeetMe, Inc. (NASDAQ:MEET) Will Announce Quarterly Sales of $32.80 Million
www.americanbankingnews.com - August 11 at 7:00 PM
americanbankingnews.com logoMeetMe, Inc. (NASDAQ:MEET) Given a $8.00 Price Target at Roth Capital
www.americanbankingnews.com - August 10 at 3:20 PM
finance.yahoo.com logoETFs with exposure to The Meet Group, Inc. : August 8, 2017
finance.yahoo.com - August 8 at 11:31 PM
finance.yahoo.com logoThe Meet Group, Inc. breached its 50 day moving average in a Bearish Manner : MEET-US : August 7, 2017
finance.yahoo.com - August 7 at 7:57 PM
americanbankingnews.com logoHead to Head Analysis: MeetMe (MEET) and Jiayuan.com International (DATE)
www.americanbankingnews.com - August 7 at 2:38 PM
americanbankingnews.com logoMeetMe, Inc. (NASDAQ:MEET) Price Target Lowered to $6.00 at JMP Securities
www.americanbankingnews.com - August 7 at 10:58 AM
americanbankingnews.com logoComparing LINE Corporation (LN) & MeetMe (MEET)
www.americanbankingnews.com - August 7 at 8:26 AM
americanbankingnews.com logoMeetMe, Inc. (MEET) Issues Earnings Results
www.americanbankingnews.com - August 5 at 8:22 PM
americanbankingnews.com logoMeetMe, Inc. (MEET) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 5 at 7:06 AM
seekingalpha.com logoThe Meet Group: Classic Overreaction
seekingalpha.com - August 5 at 2:45 AM
finance.yahoo.com logoThe Meet Group to Present at the Canaccord Genuity Growth Conference in Boston
finance.yahoo.com - August 5 at 2:45 AM
finance.yahoo.com logoIs the Meet Group's 12% Sell-Off Overdone?
finance.yahoo.com - August 5 at 2:45 AM
finance.yahoo.com logoEdited Transcript of MEET earnings conference call or presentation 3-Aug-17 8:30pm GMT
finance.yahoo.com - August 5 at 2:45 AM
finance.yahoo.com logoThe Meet Group Reports Second Quarter Financial Results
finance.yahoo.com - August 4 at 1:39 AM
finance.yahoo.com logoMeet Group posts 2Q profit
finance.yahoo.com - August 4 at 1:39 AM
finance.yahoo.com logoThe Meet Group Announces Second Quarter 2017 Conference Call for August 3 at 4:30 p.m. Eastern Time
finance.yahoo.com - July 28 at 3:58 AM
americanbankingnews.com logoRoth Capital Analysts Give MeetMe, Inc. (MEET) a $9.00 Price Target
www.americanbankingnews.com - July 23 at 4:21 PM
americanbankingnews.com logoMeetMe, Inc. (MEET) Expected to Post Earnings of $0.04 Per Share
www.americanbankingnews.com - July 20 at 6:24 PM
americanbankingnews.com logoMeetMe, Inc. (MEET) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 11 at 10:07 AM
finance.yahoo.com logoThe Meet Group, Inc. – Value Analysis (NASDAQ:MEET) : July 3, 2017
finance.yahoo.com - July 3 at 8:09 PM
finance.yahoo.com logoThe Meet Group, Inc. breached its 50 day moving average in a Bullish Manner : MEET-US : June 30, 2017
finance.yahoo.com - July 1 at 1:02 AM
streetinsider.com logoMeetMe (MEET), Harvest Capital Entered into Cooperation Agreement
www.streetinsider.com - June 28 at 9:31 AM
bizjournals.com logoJCP Comments On Glass Lewis Recommendation Regarding Upcoming Fiesta Restaurant Group Annual Meeting
www.bizjournals.com - June 1 at 9:27 AM
bizjournals.com logoAnatomage Inc. presents latest virtual dissection technology and features at Users Group Meeting 2017
www.bizjournals.com - May 30 at 6:12 PM
wsj.com logoBlackstone’s $100 Billion Bridge-and-Tunnel Man
www.wsj.com - May 24 at 6:34 PM

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Chart

MeetMe (MEET) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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