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

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

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

Momo is scheduled to release their next quarterly earnings announcement on Tuesday, May, 29th 2018. View Earnings Estimates for Momo.

11 brokers 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 $42.40 in the next twelve months. View Analyst Ratings for Momo.

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

(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.

Press coverage about MOMO stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Momo earned a coverage optimism score of 0.08 on Accern's scale. They also assigned news stories about the information services provider an impact score of 47.92 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Momo's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Pendal Group Ltd (5.44%), Prime Capital Management Co Ltd (3.24%), BlackRock Inc. (3.24%), Fosun International Ltd (2.06%), Boston Partners (0.81%) and Jericho Capital Asset Management L.P. (0.52%). View Institutional Ownership Trends for Momo.

MOMO stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, The Manufacturers Life Insurance Company , KBC Group NV, Russell Investments Group Ltd., Parametrica Management Ltd, Commerzbank Aktiengesellschaft FI, Sei Investments Co. and GSA Capital Partners LLP. View Insider Buying and Selling for Momo.

MOMO stock was purchased by a variety of institutional investors in the last quarter, including Fosun International Ltd, Pendal Group Ltd, BlackRock Inc., Prime Capital Management Co Ltd, Jericho Capital Asset Management L.P., Bamco Inc. NY, Sylebra HK Co Ltd and Conning Inc.. View Insider Buying and Selling for 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.

One share of MOMO stock can currently be purchased for approximately $39.74.

Momo has a market capitalization of $7.92 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]