The Meet Group (NASDAQ:MEET) shares traded -3.61% down during most recent session to reach at the closing price of $5.07. The stock exchanged hands 1.26 Million shares versus average trading capacity of 1.42 Million shares, yielding a market cap of $359.16 Million. Wall Street analysts covering the stock are projecting that the stock will reach $9.06 within the next 52-weeks. The mean target projections are based on 4 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have The Meet Group (NASDAQ:MEET) high price target of $10 and with a conservative view have low price target of $8.

Canaccord Genuity “Initiates Coverage On” The Meet Group (NASDAQ:MEET) in a research note issued to investors on 3/20/17 to Buy with price target of $10.

Additionally on 8/25/16 Loop Capital “Initiates Coverage on” The Meet Group (NASDAQ:MEET) to Buy setting price target at $9 and on 1/26/16 Topeka “Initiates Coverage on” the stock to Buy at $6. Furthermore on 12/11/15 Northland Securities “Maintained” the stock to Outperform at $5.

On the other hand the company has Relative Strength Index (RSI 14) of 46.83 along with Average True Range (ATR 14) of 0.15, Consequently The Meet Group (NASDAQ:MEET)’s weekly and monthly volatility is 3.14%, 3.22% respectively. The company’s beta value is at 0.91.

In terms of Buy, Sell or Hold recommendations, The Meet Group (NASDAQ:MEET) has analysts’ mean recommendation of 1.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts The Meet Group (NASDAQ:MEET)’s minimum EPS for the current quarter is at $0.04 and can go high up to $0.09. The consensus mean EPS for the current quarter is at $0.07 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.09 earnings per share for the same quarter during last year.

The Meet Group (NASDAQ:MEET)’s revenue estimates for the current quarter are $30.7 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $30.9 Million in contradiction of low revenue estimates of $30.4 Million. For the current year the company’s revenue estimates are $129.87 Million compared to low analyst estimates of $128.26 Million and high estimates of $130.7 Million according to 4 number of analysts.

Currently The Meet Group (NASDAQ:MEET)’s shares owned by insiders are 2.9%, whereas shares owned by institutional owners are 54.3%. However the six-month change in the insider ownership was recorded -0.84%, as well as three-month change in the institutional ownership was recorded 1.44%.

The Meet Group (NASDAQ:MEET) 52-week high price stands at $8.11 and low price stands at $4.50, its price distance from 52-week high is -37.48% while its distance from 52-week low price is 12.67%. The stock hit its 52-week high on 08/11/16, and 52-week low on 06/15/17.

The Meet Group (NASDAQ:MEET)’s trailing twelve month revenues are $82.9 Million, whereas its price to sales ratio for the same period is 4.33. Its book value per share for the most recent quarter is $3.94 while its price to book ratio for the same period is 1.29, as for as the company’s cash per share for the most recent quarter is $1.05, however its price to cash per share ratio for the same period is 4.82. The stock has 5 year expected PEG ratio of 0.32 whereas its trailing twelve month P/E ratio is 6.48.