Here’s The Case for and Against The Meet Group, Inc. (MEET)

On Wednesday, shares of The Meet Group, Inc. (NASDAQ:MEET) marked $5.45 per share versus a previous $5.45 closing price. With having a -0.09% loss, an insight into the fundamental values of The Meet Group, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. MEET showed a rise of 8.68% within its YTD performance, with highs and lows between $3.05 – $6.27 during the period of 52 weeks, compared to the simple moving average of 28.16% in the period of the last 200 days.

Canaccord Genuity equity researchers changed the status of The Meet Group, Inc. (NASDAQ: MEET) shares from “Buy” to a “Hold” rating in the report published on November 6th, 2019. Other analysts, including Oppenheimer, also published their reports on MEET shares. Oppenheimer repeated the rating from the previous report, marking MEET under “Outperform” rating, in the report published on June 21st, 2019. Additionally, MEET shares got another “Buy” rating from Aegis Capital, setting a target price of $6.25 on the company’s shares, according to the report published in May 15th, 2019. On March 8th, 2018, ROTH Capital Reiterated an Buy rating and increased its price target from $4 to $3.25. On the other hand, JMP Securities Downgrade the “Mkt Perform” rating for MEET shares, as published in the report on November 9th, 2017. JMP Securities seems to be going bullish on the price of MEET shares, based on the price prediction for MEET, indicating that the shares will jump from $8 to $6, giving the shares “Mkt Outperform” rating based on their report from August 7th, 2017. Another “Buy” rating came from Canaccord Genuity, providing a prediction for $6 price target according to the report published in March 20th, 2017.

The Meet Group, Inc. (MEET) Analysis

The present dividend yield for MEET owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with The Meet Group, Inc., the company needs to provide a healthy cash flow, currently at the value of 11.62. In addition, the growth of sales from quarter to quarter is recording 15.10%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of The Meet Group, Inc. (MEET) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 5.30% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.60 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while MEET is currently recording an average of 999.84K in volumes. The volatility of the stock on monthly basis is set at 3.85%, while the weekly volatility levels are marked at 3.36%with 6.14% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $6.35, indicating growth from the present price of $5.45, which can represent yet another valuable research and analysis points that can help you decide whether to invest in MEET or pass.

What to Look for When Analyzing The Meet Group, Inc. Shares?

The Meet Group, Inc. (MEET) is based in the USA and it represents one of the well-known company operating with Technology sector. If you wish to compare MEET shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 38.35 for The Meet Group, Inc., while the value 8.84 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.14 is supported by the yearly ESP growth of 101.80%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.40%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 71.60% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in MEET Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in MEET in the recent period. That is how Luxor Capital Group LP now has an increase position in MEET by 0.00% in the first quarter, owning 12.03 million shares of MEET stocks, with the value of $60.28 million after the purchase of an additional 0 shares during the last quarter. In the meanwhile, Dimensional Fund Advisors LP also increased their stake in MEET shares changed 1.20% in the first quarter, which means that the company now owns 5.86 million shares of company, all valued at $29.38 million after the acquisition of additional 69,466 shares during the last quarter.

BlackRock Fund Advisors acquired a new position in The Meet Group, Inc. during the first quarter, with the value of $24.14 million, and The Vanguard Group, Inc. increased their stake in the company’s shares by 4.11% in the first quarter, now owning 151,607 shares valued at $19.26 million after the acquisition of the additional 3.84 million shares during the last quarter. In the end, Acadian Asset Management LLC increased their position by 0.00% during the first quarter, now owning 1.85 million MEET shares, now holding the value of $9.26 million in MEET with the purchase of the additional 230,491 shares during the period of the last quarter. At the present, 71.60% of MEET shares are in the ownership of institutional investors.