News headlines about Meet Group (NASDAQ:MEET) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Meet Group earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the information services provider an impact score of 45.8291836037557 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s analysis:

Meet Group (MEET) traded up $0.66 during midday trading on Tuesday, hitting $2.98. 7,257,811 shares of the company were exchanged, compared to its average volume of 1,503,800. Meet Group has a twelve month low of $2.19 and a twelve month high of $6.45. The company has a market cap of $165.15, a P/E ratio of 6.39, a P/E/G ratio of 0.47 and a beta of 0.91.

Meet Group (NASDAQ:MEET) last released its earnings results on Wednesday, November 8th. The information services provider reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Meet Group had a net margin of 11.90% and a return on equity of 10.85%. The business had revenue of $32.25 million for the quarter, compared to the consensus estimate of $32.33 million. During the same period in the previous year, the firm earned $0.10 EPS. The business’s revenue for the quarter was up 87.6% on a year-over-year basis. sell-side analysts predict that Meet Group will post 0.25 earnings per share for the current fiscal year.

A number of analysts recently commented on MEET shares. Roth Capital reiterated a “buy” rating and issued a $7.25 target price on shares of Meet Group in a report on Wednesday, October 25th. Canaccord Genuity downgraded shares of Meet Group from a “buy” rating to a “hold” rating and set a $10.00 target price on the stock. in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Meet Group from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. Finally, JMP Securities downgraded shares of Meet Group from an “outperform” rating to a “market perform” rating and set a $6.00 target price on the stock. in a report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Meet Group has an average rating of “Hold” and an average target price of $8.06.

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About Meet Group

The 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.

Insider Buying and Selling by Quarter for Meet Group (NASDAQ:MEET)

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