Momo Inc. is a holding company. The Company operates Momo, a mobile-based social networking platform. The Company's Momo platform includes its Momo mobile application and a range of related features, functionalities, tools and services that it provides to users, customers and platform partners. Momo users can maintain their relationships through its private and group communication tools, content creation and sharing functions, as well as the offline social activities promoted on its platform. It also offers live music and entertainment broadcasts on its Momo platform. The Momo mobile application, which is available on android, iPhone operating system (iOS) and Windows platforms, enables users to establish social relationships based on locations and interests. Momo offers a personal way for users to discover people nearby, and the Company facilitates the connecting, communicating, interacting, and content sharing with others.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:MOMO
CUSIPN/A
Phone86-10-5731-0567
Debt
Debt-to-Equity RatioN/A
Current Ratio4.57%
Quick Ratio5.00%
Price-To-Earnings
Trailing P/E Ratio23.36
Forward P/E Ratio18.42
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.32 billion
Price / Sales5.40
Cash Flow$1.6764 per share
Price / Cash21.32
Book Value$5.21 per share
Price / Book6.86
Profitability
EPS (Most Recent Fiscal Year)$1.53
Net Income$318.56 million
Net Margins24.17%
Return on Equity36.58%
Return on Assets29.63%
Miscellaneous
Employees924
Outstanding Shares199,210,000
Momo (NASDAQ:MOMO) Frequently Asked Questions
What is Momo's stock symbol?
Momo trades on the NASDAQ under the ticker symbol "MOMO."
How were Momo's earnings last quarter?
Momo Inc (NASDAQ:MOMO) posted its quarterly earnings data on Wednesday, March, 7th. The information services provider reported $0.53 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.11. The information services provider earned $386.40 million during the quarter, compared to the consensus estimate of $381.17 million. Momo had a return on equity of 36.58% and a net margin of 24.17%. The company's revenue was up 57.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 earnings per share. View Momo's Earnings History.
When is Momo's next earnings date?
What price target have analysts set for MOMO?
12 Wall Street analysts have issued 12-month price targets for Momo's stock. Their forecasts range from $28.00 to $56.00. On average, they anticipate Momo's share price to reach $42.7273 in the next year. View Analyst Ratings for Momo.
What are Wall Street analysts saying about Momo stock?
Here are some recent quotes from research analysts about Momo stock:
- 1. According to Zacks Investment Research, "Momo Inc. provides mobile-based social networking platform primarily in the Peoples Republic of China. Its platform includes mobile applications and related features, functionalities, tools and services. The Company offers two types of mobile game services non-exclusive mobile game services and exclusive mobile game services. It also provides membership subscription and other services which include paid emoticons and mobile marketing services. Momo Inc. is headquartered in Beijing, the Peoples Republic of China. " (3/28/2018)
- 2. Goldman Sachs analysts commented, "Our target P/E multiple of 22X (also in line with average 1-yr forward P/E since MOMO's IPO in 2014) is derived at 1SD lower than the historical trading range (since 2012) of global peers, given that MOMO is still a niche player in social networking unlike big platform peers such as Tencent Holdings Ltd (OTC: TCEHY) and Facebook Inc (NASDAQ: FB) that cater to mass demand." (8/30/2017)
Are investors shorting Momo?
Momo saw a drop in short interest during the month of March. As of March 29th, there was short interest totalling 6,819,712 shares, a drop of 34.5% from the March 15th total of 10,403,938 shares. Based on an average daily trading volume, of 5,604,871 shares, the days-to-cover ratio is currently 1.2 days. Currently, 4.4% of the company's shares are sold short.
Who are some of Momo's key competitors?
Some companies that are related to Momo include Ansys (ANSS), Citrix Systems (CTXS), Synopsys (SNPS), Shopify (SHOP), SS&C Technologies (SSNC), Take-Two Interactive (TTWO), Dropbox (DBX), Cadence Design Systems (CDNS), Ubisoft (UBSFY), Veeva Systems (VEEV), PTC (PTC), Nutanix (NTNX), Tyler Technologies (TYL), Trend Micro (TMICY), The Ultimate Software Group (ULTI), Black Knight (BKI), Tableau Software (DATA) and Sina (SINA).
Who are Momo's key executives?
Momo's management team includes the folowing people:
- Yan Tang, Chairman of the Board, Chief Executive Officer (Age 35)
- Li Wang, Co-President, Chief Operating Officer, Director (Age 32)
- Xiaoliang Lei, Co-President (Age 31)
- Jingping Zhang, Co-President (Age 40)
- Xiaosong Zhang, Chief Financial Officer (Age 51)
- Chunlai Wang, Chief Technology Officer
- Yong Li, Director (Age 40)
- Ho Kee Man, Director (Age 38)
- Neil Nanpeng Shen, Director (Age 47)
- Yongming Wu, Director (Age 42)
When did Momo IPO?
(MOMO) raised $216 million in an initial public offering (IPO) on Thursday, December 11th 2014. The company issued 16,000,000 shares at a price of $12.50-$14.50 per share. Morgan Stanley, Credit Suisse, J.P. Morgan and China Renaissance served as the underwriters for the IPO.
Has Momo been receiving favorable news coverage?
Media stories about MOMO stock have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Momo earned a daily sentiment score of 0.17 on Accern's scale. They also assigned media stories about the information services provider an impact score of 46.42 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
How do I buy shares of Momo?
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.
What is Momo's stock price today?
One share of MOMO stock can currently be purchased for approximately $35.74.
How big of a company is Momo?
Momo has a market capitalization of $7.06 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.
How can I contact Momo?
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]
MarketBeat Community Rating for Momo (MOMO)
MarketBeat's community ratings are surveys of what our community members think about Momo and other stocks. Vote "Outperform" if you believe MOMO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MOMO will underperform the S&P 500 over the long term. You may vote once every thirty days.
Momo (NASDAQ:MOMO) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
12 Wall Street analysts have issued ratings and price targets for Momo in the last 12 months. Their average twelve-month price target is $42.7273, suggesting that the stock has a possible upside of 19.55%. The high price target for MOMO is $56.00 and the low price target for MOMO is $28.00. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.92 | 2.91 | 2.82 | 2.92 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $42.7273 | $42.00 | $40.9091 | $41.1538 |
| Price Target Upside: | 19.55% upside | 12.18% upside | 67.11% upside | 27.49% upside |
Momo (NASDAQ:MOMO) Consensus Price Target History
Momo (NASDAQ:MOMO) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Momo (NASDAQ:MOMO) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Momo (NASDAQ MOMO) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 61.40%
Institutional Ownership Percentage: 38.35%
Momo (NASDAQ MOMO) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 7/25/2013 | Alex Haditaghi | CEO | Buy | 5,000 | $0.45 | $2,250.00 | |  |
(Data available from 1/1/2013 forward)
Momo (NASDAQ MOMO) News Headlines
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Momo (NASDAQ:MOMO) SEC Filings
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Momo (NASDAQ:MOMO) Income Statement, Balance Sheet and Cash Flow Statement
Momo (NASDAQ MOMO) Stock Chart for Thursday, April, 19, 2018
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