The company's average rating is Hold from 3 analysts. We provide investment recommendation to complement the last-minute
expert consensus on The Meet Group. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time.
Use Technical Analysis to project Meet expected Price
Meet technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Meet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meet trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...What is driving Meet Investor Appetite?
Meet Group reported the previous year's revenue of 217.25
M. Net Income was 7.67
M with profit before overhead, payroll, taxes, and interest of 211.7
M.
Deferred Revenue Breakdown
Meet Deferred Revenue yearly trend continues to be comparatively stable with very little volatility. Deferred Revenue is likely to outpace its year average in 2020. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Meet Deferred Revenue is comparatively stable at the moment as compared to the past year. Meet reported Deferred Revenue of 3.88 Million in 2019
| 2013 | 275,761 |
| 2014 | 218,484 |
| 2015 | 293,414 |
| 2016 | 434,197 |
| 2017 | 4.43 Million |
| 2018 | 4.62 Million |
| 2019 | 3.88 Million |
| 2020 | 4.19 Million |
Meet technical analysis implies possible relapse
Newest Variance is up to 0.07. Price may drop again. The Meet Group exhibits very low volatility with skewness of 0.17 and kurtosis of -0.32. However, we advise investors to further study The Meet Group technical indicators to make sure all market info is available and is reliable.
Our Final Takeaway
When is the right time to buy or sell The Meet Group? Buying stocks such as Meet isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without
sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. To conclude, as of the 6th of August 2020, we believe Meet is currently
fairly valued. It moves indifferently to market moves and projects
low chance of financial distress in the next two years. Our final 30 days 'Buy-vs-Sell' recommendation on the firm is
Hold.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of The Meet Group. Please refer to our
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