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

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

Momo Inc (NASDAQ:MOMO) released its quarterly earnings data on Tuesday, May, 29th. The information services provider reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.19. The information services provider had revenue of $435.10 million for the quarter, compared to analyst estimates of $398.28 million. Momo had a net margin of 24.68% and a return on equity of 37.07%. The business's quarterly revenue was up 64.1% compared to the same quarter last year. During the same period last year, the firm earned $0.44 earnings per share. View Momo's Earnings History.

Momo is scheduled to release their next quarterly earnings announcement on Tuesday, August, 28th 2018. View Earnings Estimates for Momo.

12 Wall Street analysts have issued 1 year price targets for Momo's stock. Their forecasts range from $30.00 to $60.00. On average, they expect Momo's share price to reach $51.0909 in the next year. View Analyst Ratings for Momo.

Momo saw a drop in short interest in May. As of May 15th, there was short interest totalling 4,589,075 shares, a drop of 32.3% from the April 30th total of 6,777,905 shares. Based on an average trading volume of 2,880,987 shares, the days-to-cover ratio is currently 1.6 days. Currently, 3.0% of the shares of the company are short sold. View Momo's Current Options Chain.

Some companies that are related to Momo include Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Shopify (SHOP), Splunk (SPLK), Check Point Software Technologies (CHKP), ANSYS (ANSS), CA Technologies (CA), Citrix Systems (CTXS), Mobileye (MBBYF), Dropbox (DBX), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Synopsys (SNPS) and SS&C Technologies (SSNC).

(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.

News stories about MOMO stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 0.12 on Accern's scale. They also gave news coverage about the information services provider an impact score of 46.00 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Momo's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 acquired 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 $50.78.

Momo has a market capitalization of $10.14 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]