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

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

Momo Inc (NASDAQ:MOMO) announced its quarterly earnings data on Wednesday, March, 7th. The information services provider reported $0.53 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.11. The information services provider earned $386.40 million during the quarter, compared to analysts' expectations of $381.17 million. Momo had a return on equity of 36.58% and a net margin of 24.17%. The company's quarterly revenue was up 57.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.44 EPS. 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 1-year price targets for Momo's stock. Their forecasts range from $28.00 to $56.00. On average, they expect Momo's stock price to reach $42.7273 in the next twelve months. View Analyst Ratings for Momo.

Momo saw a drop in short interest in 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 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.

Some companies that are related to Momo include CA (CA), Mobileye (MBBYF), Ansys (ANSS), Citrix Systems (CTXS), Shopify (SHOP), Synopsys (SNPS), SS&C Technologies (SSNC), Dropbox (DBX), Take-Two Interactive (TTWO), Ubisoft (UBSFY), Cadence Design Systems (CDNS), Veeva Systems (VEEV), PTC (PTC), Nutanix (NTNX), Tyler Technologies (TYL), Trend Micro (TMICY), The Ultimate Software Group (ULTI) and Black Knight (BKI).

(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 served as the underwriters for the IPO.

News coverage about MOMO stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Momo earned a media sentiment score of 0.16 on Accern's scale. They also assigned media stories about the information services provider an impact score of 44.54 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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 $36.53.

Momo has a market capitalization of $7.24 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]