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.
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Industry, Sector and Symbol
Industry Advertising
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone215-862-1162
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$178.61 million
Profitability
Miscellaneous
Employees296
Next Earnings Date3/4/2020 (Estimated)
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) posted its earnings results on Wednesday, May, 2nd. The information services provider reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. The information services provider earned $37.64 million during the quarter, compared to analysts' expectations of $34.15 million. Meet Group had a net margin of 5.20% and a return on equity of 12.28%. 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 issued an update on its fourth quarter 2019
Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) 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.
What price target have analysts set for MEET?
6 brokerages have issued 12 month price targets for Meet Group's shares. Their forecasts range from $6.00 to $8.00. On average, they anticipate Meet Group's share price to reach $6.96 in the next year. This suggests a possible upside of 2.2% 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 1 hold rating and 5 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. " (1/15/2020)
- 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?
News articles about MEET stock have trended somewhat negative this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news 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 -1.9 on InfoTrie's scale. They also gave press coverage 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?
Some companies that are related to Meet Group include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), Verisign (VRSN), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), Envestnet (ENV), LogMeIn (LOGM), ANGI Homeservices (ANGI), Cornerstone OnDemand (CSOD), Cimpress (CMPR) and Yelp (YELP).
What other stocks do shareholders of Meet Group own?
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 many different of institutional and retail investors. Top institutional shareholders include LSV Asset Management (3.59%), Acadian Asset Management LLC (3.27%), State Street Corp (2.19%), Jacobs Levy Equity Management Inc. (1.79%), Geode Capital Management LLC (1.54%) and Maverick Capital Ltd. (1.32%). 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.
Which institutional investors are selling Meet Group stock?
MEET stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Oxford Asset Management LLP, Geode Capital Management LLC, AQR Capital Management LLC, Connor Clark & Lunn Investment Management Ltd., Bank of America Corp DE, Chicago Equity Partners LLC and Barclays PLC. Company insiders that have sold Meet Group company stock in the last year include James E Bugden and Jason Whitt. View Insider Buying and Selling for Meet Group.
Which institutional investors are buying Meet Group stock?
MEET stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Maverick Capital Ltd., Acadian Asset Management LLC, Jacobs Levy Equity Management Inc., Russell Investments Group Ltd., Globeflex Capital L P, PEAK6 Investments LLC and Bank of New York Mellon Corp. 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.
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, Robinhood, Fidelity and Charles Schwab.
What is Meet Group's stock price today?
One share of MEET stock can currently be purchased for approximately $6.81.
How big of a company is Meet Group?
Meet Group has a market capitalization of $488.34 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?
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.
