NASDAQ:MOMO - Momo Stock Price, Price Target & More

Momo trades on the NASDAQ under the ticker symbol "MOMO."

Momo Inc (NASDAQ:MOMO) posted its quarterly earnings results on Wednesday, March, 7th. The information services provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.42 by $0.11. The information services provider had revenue of $386.40 million for the quarter, compared to the consensus estimate of $381.17 million. Momo had a net margin of 24.17% and a return on equity of 36.58%. The business's revenue was up 57.0% compared to the same quarter last year. During the same period last year, the firm posted $0.44 earnings per share. View Momo's Earnings History.

Momo is scheduled to release their next quarterly earnings announcement on Tuesday, May, 22nd 2018. View Earnings Estimates for Momo.

12 analysts have issued 12-month price objectives for Momo's shares. Their forecasts range from $28.00 to $56.00. On average, they expect Momo's share price to reach $42.7273 in the next twelve months. View Analyst Ratings for Momo.

Momo saw a decrease in short interest in March. As of March 29th, there was short interest totalling 6,819,712 shares, a decrease of 34.5% from the March 15th total of 10,403,938 shares. Based on an average daily volume of 5,604,871 shares, the days-to-cover ratio is presently 1.2 days. Approximately 4.4% of the shares of the company are short sold.

Some companies that are related to Momo include Autodesk (ADSK), Square (SQ), Symantec (SYMC), Check Point Software Technologies (CHKP), CA (CA), Splunk (SPLK), Mobileye (MBBYF), Ansys (ANSS), Citrix Systems (CTXS), Synopsys (SNPS), Shopify (SHOP), SS&C Technologies (SSNC), Cadence Design Systems (CDNS), Dropbox (DBX) and Take-Two Interactive (TTWO).

(MOMO) raised $216 million in an IPO on Thursday, December 11th 2014. The company issued 16,000,000 shares at $12.50-$14.50 per share. Morgan Stanley, Credit Suisse, J.P. Morgan and China Renaissance acted as the underwriters for the IPO.

Media headlines about MOMO stock have been trending somewhat positive recently, Accern reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Momo earned a news sentiment score of 0.25 on Accern's scale. They also assigned media headlines about the information services provider an impact score of 46.26 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Shares of MOMO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MOMO stock can currently be purchased for approximately $35.81.

Momo has a market capitalization of $6.98 billion and generates $1.32 billion in revenue each year. The information services provider earns $318.56 million in net income (profit) each year or $1.53 on an earnings per share basis. Momo employs 924 workers across the globe.

Momo's mailing address is 20/F BLOCK B TOWER 2 WANGJING SOHO NO.1 FUTONGDONG STREET CHAOYANG DISTRICT, BEIJING F4, 100102. The information services provider can be reached via phone at 86-10-5731-0567 or via email at [email protected]