Hello Group (NASDAQ:MOMO) Announces Quarterly Earnings Results

Hello Group (NASDAQ:MOMO - Get Free Report) issued its quarterly earnings results on Thursday. The information services provider reported $2.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $2.10, Briefing.com reports. Hello Group had a net margin of 11.98% and a return on equity of 11.41%. The business had revenue of $347.27 million for the quarter, compared to analyst estimates of $2.42 billion. During the same period in the previous year, the business posted $0.31 earnings per share. The business's revenue was down 1.5% compared to the same quarter last year. Hello Group updated its Q2 2025 guidance to EPS.

Hello Group Stock Performance

MOMO traded up $0.50 during midday trading on Friday, hitting $7.56. The company had a trading volume of 2,465,933 shares, compared to its average volume of 1,219,465. The company has a market capitalization of $910.88 million, a PE ratio of 7.79, a P/E/G ratio of 2.07 and a beta of 0.31. Hello Group has a twelve month low of $5.12 and a twelve month high of $8.38. The firm's 50-day simple moving average is $5.92 and its 200-day simple moving average is $6.75.

Hello Group Cuts Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, April 30th. Investors of record on Friday, April 11th were issued a dividend of $0.30 per share. This represents a yield of 4.18%. The ex-dividend date was Friday, April 11th.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MOMO. Benchmark reissued a "buy" rating and issued a $13.00 price objective on shares of Hello Group in a research report on Thursday, March 13th. Wall Street Zen upgraded shares of Hello Group from a "hold" rating to a "buy" rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $9.00.

Hedge Funds Weigh In On Hello Group

A hedge fund recently raised its stake in Hello Group stock. Goldman Sachs Group Inc. boosted its holdings in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 7.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,127,428 shares of the information services provider's stock after purchasing an additional 546,048 shares during the period. Goldman Sachs Group Inc. owned about 6.75% of Hello Group worth $51,284,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 50.96% of the company's stock.

Hello Group Company Profile

Hello Group Inc provides mobile-based social and entertainment services in the People's Republic of China. It operates in three segments: Momo, Tantan, and QOOL. The company offers Momo, a mobile application that connects people and facilitates social interactions based on location, interests, and various online recreational activities, including live talent shows, short videos, social games, as well as other video- and audio-based interactive experiences, such as online parties, mobile karaoke and user participated reality shows; Tantan, a social and dating application; and other applications under the Hertz, Soulchill, Duidui, and Tietie names.