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

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

Momo (NASDAQ:MOMO) announced its quarterly earnings results on Wednesday, March, 7th. The information services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.42 by $0.11. The information services provider had revenue of $386.40 million for the quarter, compared to analyst estimates of $381.17 million. Momo had a net margin of 24.17% and a return on equity of 36.58%. Momo's revenue was up 57.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 earnings per share. 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 equities research analysts have issued 1 year price targets for Momo's shares. Their forecasts range from $28.00 to $56.00. On average, they anticipate Momo's stock price to reach $42.40 in the next year. 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 initial public offering (IPO) 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.

News articles about MOMO stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive 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 positive one, with scores closest to one being the most favorable. Momo earned a daily sentiment score of 0.13 on Accern's scale. They also assigned news coverage about the information services provider an impact score of 46.41 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Momo's stock is owned by a number 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 $39.89.

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]