The Meet Group, Inc. (MEET) Forms $2.78 Double Bottom; Boston Family Office Boosted Golar Lng LTD (GLNG) Holding By $523,490

January 23, 2018 - By John Hoffman

The Meet Group, Inc. (MEET) formed double bottom with $2.64 target or 5.00% below today’s $2.78 share price. The Meet Group, Inc. (MEET) has $199.62M valuation. The stock decreased 4.14% or $0.12 during the last trading session, reaching $2.78. About 427,948 shares traded. The Meet Group, Inc. (NASDAQ:MEET) has risen 40.79% since January 23, 2017 and is uptrending. It has outperformed by 24.09% the S&P500.

Boston Family Office Llc increased Golar Lng Ltd (GLNG) stake by 12.67% reported in 2017Q3 SEC filing. Boston Family Office Llc acquired 23,795 shares as Golar Lng Ltd (GLNG)’s stock rose 4.44%. The Boston Family Office Llc holds 211,644 shares with $4.79M value, up from 187,849 last quarter. Golar Lng Ltd now has $3.04 billion valuation. The stock decreased 1.05% or $0.32 during the last trading session, reaching $30.09. About 497,429 shares traded. Golar LNG Limited (NASDAQ:GLNG) has risen 61.34% since January 23, 2017 and is uptrending. It has outperformed by 44.64% the S&P500.

Analysts await The Meet Group, Inc. (NASDAQ:MEET) to report earnings on March, 5. They expect $0.06 earnings per share, down 64.71% or $0.11 from last year’s $0.17 per share. MEET’s profit will be $4.31M for 11.58 P/E if the $0.06 EPS becomes a reality. After $0.09 actual earnings per share reported by The Meet Group, Inc. for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

Among 7 analysts covering MeetMe Inc (NASDAQ:MEET), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. MeetMe Inc has $10 highest and $4.0 lowest target. $5.88’s average target is 111.51% above currents $2.78 stock price. MeetMe Inc had 22 analyst reports since October 28, 2015 according to SRatingsIntel. The company was maintained on Thursday, June 22 by Roth Capital. The company was downgraded on Thursday, November 9 by JMP Securities. The stock has “Buy” rating by Roth Capital on Wednesday, October 25. The stock of The Meet Group, Inc. (NASDAQ:MEET) has “Buy” rating given on Friday, August 26 by Loop Capital. The company was maintained on Thursday, November 9 by Northland Capital. TH Capital maintained The Meet Group, Inc. (NASDAQ:MEET) rating on Wednesday, January 6. TH Capital has “Buy” rating and $5.25 target. The rating was maintained by JMP Securities with “Market Outperform” on Monday, August 7. The stock of The Meet Group, Inc. (NASDAQ:MEET) has “Buy” rating given on Tuesday, May 30 by Roth Capital. Roth Capital maintained the stock with “Buy” rating in Thursday, November 9 report. The stock of The Meet Group, Inc. (NASDAQ:MEET) earned “Buy” rating by Topeka Capital Markets on Tuesday, January 26.

Among 11 analysts covering Golar LNG Limited (NASDAQ:GLNG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Golar LNG Limited had 27 analyst reports since August 18, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Thursday, October 20 by Cowen & Co. Jefferies initiated Golar LNG Limited (NASDAQ:GLNG) on Monday, December 18 with “Buy” rating. ABN Amro upgraded the stock to “Hold” rating in Monday, October 3 report. Credit Suisse upgraded Golar LNG Limited (NASDAQ:GLNG) rating on Monday, May 9. Credit Suisse has “Outperform” rating and $30 target. The firm has “Buy” rating by Seaport Global given on Wednesday, November 23. The firm has “Buy” rating given on Friday, July 1 by DNB Markets. The rating was upgraded by Nordea on Wednesday, June 1 to “Buy”. Credit Suisse initiated the stock with “Neutral” rating in Friday, September 18 report. The rating was downgraded by Nordea to “Hold” on Friday, January 27. Stifel Nicolaus maintained the shares of GLNG in report on Monday, August 21 with “Buy” rating.