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

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

Momo Inc (NASDAQ:MOMO) posted its earnings results on Tuesday, May, 29th. The information services provider reported $0.69 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.19. The information services provider earned $435.10 million during the quarter, compared to the consensus estimate of $398.28 million. Momo had a return on equity of 37.07% and a net margin of 24.68%. The business's quarterly revenue was up 64.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.44 EPS. 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 twelve-month price objectives for Momo's shares. Their predictions range from $30.00 to $60.00. On average, they expect Momo's stock price to reach $51.0909 in the next twelve months. 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 short-interest ratio is presently 1.6 days. Currently, 3.0% of the company's shares are sold short. 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), Dropbox (DBX), CA Technologies (CA), ANSYS (ANSS), Citrix Systems (CTXS), Mobileye (MBBYF), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Synopsys (SNPS) and Symantec (SYMC).

(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 served as the underwriters for the IPO.

News headlines about MOMO stock have trended somewhat positive recently, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Momo earned a media sentiment score of 0.24 on Accern's scale. They also assigned news stories about the information services provider an impact score of 47.95 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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 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 $50.88.

Momo has a market capitalization of $10.18 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]