About Momo (NASDAQ:MOMO)
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
- Market Cap: $4.92 billion
- Outstanding Shares: 154,213,000
- 50 Day Moving Avg: $34.40
- 200 Day Moving Avg: $38.36
- 52 Week Range: $16.73 - $46.69
Sales & Book Value:
- Trailing P/E Ratio: 25.01
- Foreward P/E Ratio: 13.93
- P/E Growth: 0.41
- Annual Revenue: $980.63 million
- Price / Sales: 5.01
- Book Value: $4.09 per share
- Price / Book: 7.80
- EBITDA: $299.4 million
- Net Margins: 27.00%
- Return on Equity: 38.94%
- Return on Assets: 32.00%
- Current Ratio: 4.96%
- Quick Ratio: 4.96%
- Average Volume: 6.12 million shs.
- Beta: 1.82
- Short Ratio: 0.95
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) announced its quarterly earnings data on Tuesday, August, 22nd. The company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The business had revenue of $312.20 million for the quarter, compared to analyst estimates of $287.84 million. Momo had a return on equity of 38.94% and a net margin of 27.00%. Momo's quarterly revenue was up 31120.0% compared to the same quarter last year. View Momo's Earnings History.
When will Momo make its next earnings announcement?
Where is Momo's stock going? Where will Momo's stock price be in 2017?
14 analysts have issued 12 month price objectives for Momo's stock. Their forecasts range from $28.00 to $56.00. On average, they expect Momo's stock price to reach $41.79 in the next year. View Analyst Ratings for Momo.
What are analysts saying about Momo stock?
Here are some recent quotes from research analysts about Momo stock:
- 1. Goldman Sachs Group, Inc. (The) 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)
- 2. 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. " (8/9/2017)
Are investors shorting Momo?
Momo saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 8,438,940 shares, an increase of 20.3% from the September 15th total of 7,017,186 shares. Based on an average daily volume of 5,447,167 shares, the short-interest ratio is presently 1.5 days. Currently, 5.6% of the company's shares are short sold.
Who are some of Momo's key competitors?
Some companies that are related to Momo include GrubHub (GRUB), Cheetah Mobile (CMCM), Mitek Systems (MITK), Telenav (TNAV), SITO Mobile (SITO), Bango plc (BGO), 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
- Chunlai Wang, 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 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 acted as the underwriters for the IPO.
Who owns Momo stock?
Momo's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.31%), Guild Investment Management Inc. (0.01%), Eqis Capital Management Inc. (0.00%) and Exane Derivatives (0.00%). View Institutional Ownership Trends for Momo.
Who bought Momo stock? Who is buying Momo stock?
Momo's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Guild Investment Management Inc., Eqis Capital Management Inc. and Exane Derivatives. 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?
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.
One share of Momo stock can currently be purchased for approximately $31.89.
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, 13 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.93)|
|Consensus Price Target: ||$41.79 (31.03% upside)|Consensus Price Target History for Momo (NASDAQ:MOMO)
Analysts' Ratings History for Momo (NASDAQ:MOMO)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/3/2017||Jefferies Group LLC||Reiterated Rating||Buy||$54.00||Low|
|8/30/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Buy -> Buy||$56.00||High|
|8/30/2017||Standpoint Research||Initiated Coverage||Buy -> Buy||$44.00||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|
|2/27/2017||Morgan Stanley||Reiterated Rating||Overweight||$34.00||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|
Earnings History for Momo (NASDAQ:MOMO)Earnings History by Quarter for Momo (NASDAQ MOMO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/14/2017|| || || || || || || || |
|8/22/2017||6/30/2017||$0.28||$0.29||$287.84 million||$312.20 million||View||N/A|
|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|
|3/15/2016||Q415||$0.04||$0.06||$53.70 million||$39.50 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|
Earnings Estimates for Momo (NASDAQ:MOMO)
2017 EPS Consensus Estimate: $1.34
2018 EPS Consensus Estimate: $1.90
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
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)
Insider Ownership Percentage: 61.40%Insider Trades by Quarter for Momo (NASDAQ:MOMO)
Institutional Ownership Percentage: 39.15%
(Data available from 1/1/2013 forward)
|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|| |
Headline Trends for Momo (NASDAQ:MOMO)
Latest Headlines for Momo (NASDAQ:MOMO)
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Momo (MOMO) Chart for Sunday, October, 22, 2017