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:
- Sector: Computer and Technology
- Industry: Mobile Application Software
- Sub-Industry: N/A
- Symbol: NASDAQ:MOMO
- CUSIP: N/A
- Web: www.immomo.com
Capitalization:- Market Cap: $7.4 billion
- Outstanding Shares: 194,917,000
Average Prices:- 50 Day Moving Avg: $39.11
- 200 Day Moving Avg: $30.35
- 52 Week Range: $8.88 - $45.95
P/E:- Trailing P/E Ratio: 33.54
- Foreward P/E Ratio: 17.33
- P/E Growth: 0.47
Sales & Book Value:- Annual Revenue: $767.41 million
- Price / Sales: 9.64
- Book Value: $3.73 per share
- Price / Book: 10.18
Profitability:- EBIDTA: $239.07 million
- Net Margins: 28.59%
- Return on Equity: 36.36%
- Return on Assets: 30.24%
Debt:- Current Ratio: 5.65%
- Quick Ratio: 5.65%
Misc:- Average Volume: 6.66 million shs.
- Beta: 1.86
- Short Ratio: 0.29
Frequently Asked Questions for Momo (NASDAQ:MOMO)
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) issued its quarterly earnings results on Tuesday, May, 23rd. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.12. The business earned $265.20 million during the quarter, compared to analysts' expectations of $245.48 million. Momo had a return on equity of 36.36% and a net margin of 28.59%. The firm's revenue for the quarter was up 421.0% on a year-over-year basis. View Momo's Earnings History.
Where is Momo's stock going? Where will Momo's stock price be in 2017?
13 analysts have issued twelve-month price objectives for Momo's shares. Their forecasts range from $28.00 to $52.00. On average, they anticipate Momo's share price to reach $39.38 in the next twelve months. View Analyst Ratings for Momo.
Are investors shorting Momo?
Momo saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 4,836,888 shares, an increase of 92.1% from the May 31st total of 2,517,436 shares. Based on an average daily trading volume, of 7,915,748 shares, the days-to-cover ratio is currently 0.6 days. Currently, 3.2% of the shares of the company are short sold.
Who are some of Momo's key competitors?
Some companies that are related to Momo include GrubHub (GRUB), Cheetah Mobile (CMCM), Telenav (TNAV), Mitek Systems (MITK), Bango plc (BGO), SITO Mobile (SITO), Artilium plc (ARTA), Nektan PLC (NKTN), China Mobile Games & Entnmnt Grp Ltd (CMGE), GLOBO Plc (GBO), iDreamSky Technology Ltd (DSKY) and Motive Television Plc (MTV).
Who are Momo's key executives?
Momo's management team includes the folowing people:
- Yan Tang, Chairman of the Board, Chief Executive Officer
- Xiaoliang Lei, Co-President
- Jingping Zhang, Co-President
- Xiaosong Zhang, Chief Financial Officer
- Sichuan Zhang, Director, President of U.S. operations
- Li Wang, Chief Operating Officer
- Zhiwei Li, Chief Technology Officer
- Yong Li, Director
- Ho Kee Man, Director
- Neil Nanpeng Shen, Director
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 $12.50-$14.50 per share. Morgan Stanley, Credit Suisse, J.P. Morgan and China Renaissance served as the underwriters for the IPO.
Who owns Momo stock?
Momo's stock is owned by a number of of retail and institutional investors. Top institutional investors include Morgan Stanley (6.09%), Laurion Capital Management LP (2.00%), Tairen Capital Ltd (1.86%), OZ Management LP (1.54%), Jericho Capital Asset Management L.P. (1.12%) and JPMorgan Chase & Co. (1.06%). View Institutional Ownership Trends for Momo.
Who sold Momo stock? Who is selling Momo stock?
Momo's stock was sold by a variety of institutional investors in the last quarter, including Greenwoods Asset Management Ltd, SPQ Asia Capital Ltd, Russell Investments Group Ltd., Credit Suisse AG, Goldman Sachs Group Inc., Prudential Financial Inc., Prudence Asset Management Ltd and FIL Ltd. View Insider Buying and Selling for Momo.
Who bought Momo stock? Who is buying Momo stock?
Momo's stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Laurion Capital Management LP, OZ Management LP, Tairen Capital Ltd, Jericho Capital Asset Management L.P., JPMorgan Chase & Co., FMR LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Momo.
How do I buy Momo stock?
Shares of Momo can be purchased through any online brokerage account. Popular online brokerages 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 $37.96.
MarketBeat Community Rating for Momo (NASDAQ MOMO)MarketBeat's community ratings are surveys of what our community members think about Momo and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Momo (NASDAQ:MOMO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 12 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.92) |
| Consensus Price Target: | $39.38 (3.75% upside) |
Analysts' Ratings History for Momo (NASDAQ:MOMO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/26/2017 | Jefferies Group LLC | Reiterated Rating | Buy | | High |  |
| 5/25/2017 | HSBC Holdings plc | Boost Price Target | Buy | $43.00 -> $50.00 | Medium | |
| 5/24/2017 | Deutsche Bank AG | Upgrade | Hold -> Buy | $30.00 -> $52.00 | High | |
| 5/24/2017 | J P Morgan Chase & Co | Downgrade | Overweight -> Neutral | $44.00 | High | |
| 5/8/2017 | BOCOM International Holdings | Initiated Coverage | Buy | $46.00 | Low | |
| 4/18/2017 | Benchmark Co. | Initiated Coverage | Buy -> Buy | $44.00 | High | |
| 4/12/2017 | Nomura | Reiterated Rating | Buy | $43.00 | Low | |
| 2/27/2017 | Morgan Stanley | Reiterated Rating | Overweight | $34.00 | N/A | |
| 2/13/2017 | Instinet | Initiated Coverage | Buy | $34.00 | N/A | |
| 12/12/2016 | CLSA | Initiated Coverage | Buy | $28.00 | N/A | |
| 11/7/2016 | TH Capital | Initiated Coverage | Buy | $28.00 | N/A | |
| 11/4/2016 | T.H. Capital | Initiated Coverage | Buy | $28.00 | N/A | |
| 9/14/2016 | Credit Suisse Group | Initiated Coverage | Outperform | $29.00 | N/A | |
(Data available from 6/28/2015 forward)
Earnings History for Momo (NASDAQ:MOMO)Earnings History by Quarter for Momo (NASDAQ MOMO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/23/2017 | 3/31/2017 | $0.28 | $0.40 | $245.48 million | $265.20 million | View | N/A | |
| 3/7/2017 | 12/31/2016 | $0.30 | $0.41 | $195.78 million | $246.10 million | View | Listen | |
| 11/8/2016 | Q3 | $0.14 | $0.19 | $130.50 million | $157.00 million | View | Listen | |
| 8/16/2016 | Q2 | $0.08 | $0.12 | $30.70 million | $99.00 million | View | Listen | |
| 5/17/2016 | Q1 | $0.05 | $0.03 | | $50.92 million | View | Listen | |
| 3/15/2016 | Q415 | $0.04 | $0.06 | $53.70 million | $39.50 million | View | Listen | |
| 11/19/2015 | Q3 | $0.02 | $0.02 | | $37.50 million | View | Listen | |
| 8/19/2015 | Q215 | ($0.01) | $0.03 | $32.00 million | $30.70 million | View | Listen | |
| 5/18/2015 | Q1 | ($0.01) | $0.05 | $25.70 million | $26.32 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Momo (NASDAQ:MOMO)2017 EPS Consensus Estimate: $1.31
2018 EPS Consensus Estimate: $1.90
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.31 | $0.31 | $0.31 |
| Q2 2017 | 1 | $0.31 | $0.31 | $0.31 |
| Q3 2017 | 1 | $0.30 | $0.30 | $0.30 |
| Q4 2017 | 1 | $0.39 | $0.39 | $0.39 |
| Q1 2018 | 1 | $0.38 | $0.38 | $0.38 |
| Q2 2018 | 1 | $0.42 | $0.42 | $0.42 |
| Q3 2018 | 1 | $0.49 | $0.49 | $0.49 |
| Q4 2018 | 1 | $0.61 | $0.61 | $0.61 |
(Data provided by Zacks Investment Research)
Dividend History for Momo (NASDAQ:MOMO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Momo (NASDAQ:MOMO)Institutional Ownership Percentage: 40.18%
Insider Trades by Quarter for Momo (NASDAQ:MOMO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/25/2013 | Alex Haditaghi | CEO | Buy | 5,000 | $0.45 | $2,250.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Momo (NASDAQ:MOMO)
Latest Headlines for Momo (NASDAQ:MOMO)
| Source: |
|
| Date | Headline |
|---|
 | Momo Inc. (MOMO) Short Interest Up 92.1% in June
www.americanbankingnews.com - June 28 at 7:16 AM |
| Momo Inc. (MOMO) Receives "Buy" Rating from Jefferies Group LLC
www.americanbankingnews.com - June 26 at 6:28 PM |
| Momo Inc. (MOMO) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - June 23 at 12:58 PM |
 | Momo Inc. (MOMO): An Off-the-Radar Potential Winner - Nasdaq
www.nasdaq.com - June 23 at 8:08 AM |
 | Momo Inc. (MOMO): An Off-the-Radar Potential Winner
finance.yahoo.com - June 23 at 8:07 AM |
| Today's Research Reports on Trending Tickers: Momo and Weibo
finance.yahoo.com - June 23 at 8:07 AM |
| Momo Target of Unusually Large Options Trading (MOMO)
www.americanbankingnews.com - June 22 at 12:32 PM |
| ETFs with exposure to Momo, Inc. : June 19, 2017
finance.yahoo.com - June 19 at 5:40 PM |
| Chinese Social Media Stars Get Their Shot at Global Celebrity
finance.yahoo.com - June 19 at 11:28 AM |
| These 3 Stocks Are Priced for Perfection. Can They Deliver?
www.nasdaq.com - June 13 at 6:46 PM |
| Jefferies Group LLC Reiterates "Buy" Rating for Momo Inc. (MOMO)
www.americanbankingnews.com - June 13 at 10:58 AM |
 | Asia Tech Shares Join U.S. Tumble but Full-Blown Rout Not Expected
www.nytimes.com - June 12 at 3:58 PM |
 | Momo (MOMO): Accelerating MAU Growth in 2Q17 - Jefferies - StreetInsider.com
www.streetinsider.com - June 12 at 9:12 AM |
| Earnings Highlights and Review: Momo's Revenue Soared 421%, Earnings Rocketed 631%
finance.yahoo.com - June 12 at 9:12 AM |
| Comparing Momo (MOMO) & Sito Mobile (SITO)
www.americanbankingnews.com - June 10 at 8:46 AM |
| Contrasting Snap (SNAP) and Momo (MOMO)
www.americanbankingnews.com - June 10 at 7:44 AM |
| ETFs with exposure to Momo, Inc. : June 8, 2017
finance.yahoo.com - June 8 at 7:33 PM |
 | Rolls-Royce, Momo, Sony and Other Hedge Fund Picks at Sohn HK - Bloomberg
www.bloomberg.com - June 8 at 10:15 AM |
| Today's Research Reports on Top Tech Stocks: Momo and VHC
finance.yahoo.com - June 6 at 9:09 AM |
| Momo, Inc. :MOMO-US: Earnings Analysis: Q1, 2017 By the Numbers : June 6, 2017
finance.yahoo.com - June 6 at 9:09 AM |
| Why Momo Inc. (MOMO) Could Shock the Market Soon
finance.yahoo.com - June 2 at 8:01 PM |
 | Momo And YY Rapidly Grow As China's Live Video Streaming Market Expands
seekingalpha.com - May 31 at 6:58 PM |
| Momo Inc (MOMO) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 29 at 10:22 AM |
| Momo Inc (MOMO) Downgraded to "Hold" at Vetr Inc.
www.americanbankingnews.com - May 28 at 4:34 PM |
| Momo Inc (MOMO) PT Raised to $50.00 at HSBC Holdings plc
www.americanbankingnews.com - May 27 at 1:24 PM |
| Deutsche Bank Upgrades Momo Inc. (MOMO) to Buy - StreetInsider.com
www.streetinsider.com - May 24 at 11:46 PM |
 | Live Video Continues to Push Momo Inc to New Heights - Motley Fool
www.fool.com - May 24 at 11:46 PM |
| Stock investors are stuck in a Trump reality check
finance.yahoo.com - May 24 at 6:42 PM |
| Momo Inc (MOMO) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - May 24 at 3:56 PM |
| Momo Inc (MOMO) Downgraded by JPMorgan Chase & Co.
www.americanbankingnews.com - May 24 at 10:59 AM |
| Edited Transcript of MOMO earnings conference call or presentation 23-May-17 12:00pm GMT
finance.yahoo.com - May 24 at 10:41 AM |
| Live Video Continues to Push Momo Inc to New Heights
finance.yahoo.com - May 24 at 10:41 AM |
| Momo Inc (MOMO) Upgraded at Deutsche Bank AG
www.americanbankingnews.com - May 24 at 9:04 AM |
| Stock Traders Purchase High Volume of Put Options on Momo (MOMO)
www.americanbankingnews.com - May 24 at 7:08 AM |
 | Momo Lower Despite Q1 Beat
www.benzinga.com - May 23 at 6:08 PM |
| Momo's (MOMO) CEO Tang Yan on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 23 at 6:08 PM |
 | BRIEF-Momo reports Q1 diluted net income per ads $0.40
www.reuters.com - May 23 at 10:25 AM |
| Momo Announces Unaudited Financial Results for the First Quarter 2017
finance.yahoo.com - May 23 at 10:25 AM |
| Investor Network: Momo Inc Sponsored ADR Class A to Host Earnings Call
finance.yahoo.com - May 23 at 10:25 AM |
| Momo Inc (MOMO) Issues Earnings Results, Beats Expectations By $0.09 EPS
www.americanbankingnews.com - May 23 at 8:58 AM |
| Vetr Inc. Upgrades Momo Inc (MOMO) to "Buy"
www.americanbankingnews.com - May 23 at 12:38 AM |
| ETFs with exposure to Momo, Inc. : May 22, 2017
finance.yahoo.com - May 22 at 5:57 PM |
| How to Play Momo Ahead of Earnings
finance.yahoo.com - May 22 at 5:57 PM |
| What You Need to Know Ahead of Momo Inc's First Quarter Report
finance.yahoo.com - May 21 at 5:52 PM |
| What You Need to Know Ahead of Momo Inc's First Quarter Report
www.fool.com - May 21 at 10:43 AM |
| BRIEF-momo.com says 2016 dividend payment date is June 27
www.reuters.com - May 19 at 11:14 AM |
 | BRIEF-Momo CEO Tang slightly cuts stake in co to 22.9 pct from previous 24.2 pct
www.businessinsider.com - May 19 at 11:14 AM |
| Momo Reaches Analyst Target Price - Nasdaq
www.nasdaq.com - May 18 at 8:29 AM |
| Momo Inc. (MOMO) Worth a Look: Stock Adds 9.2% in Session - Nasdaq
www.nasdaq.com - May 18 at 8:29 AM |
| Stock Traders Buy High Volume of Momo Call Options (MOMO)
www.americanbankingnews.com - May 17 at 7:20 AM |
Momo (MOMO) Chart for Wednesday, June, 28, 2017
