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

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

Momo Inc (NASDAQ:MOMO) issued its quarterly earnings results on Tuesday, May, 29th. The information services provider reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%. Momo's revenue was up 64.1% on a year-over-year basis. During the same period last year, the company 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 brokerages have issued 1-year price targets for Momo's shares. Their predictions range from $30.00 to $60.00. On average, they anticipate Momo's stock price to reach $51.0909 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Ratings for Momo.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Momo saw a decline in short interest during the month of June. As of June 15th, there was short interest totalling 3,773,103 shares, a decline of 21.5% from the May 31st total of 4,803,877 shares. Based on an average trading volume of 5,186,089 shares, the days-to-cover ratio is currently 0.7 days. Approximately 2.5% of the shares of the stock are short sold. View Momo's Current Options Chain.

Some companies that are related to Momo include ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), ANSYS (ANSS), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Mobileye (MBBYF), Synopsys (SNPS), UBISOFT Entmt S/ADR (UBSFY), SS&C Technologies (SSNC) and Symantec (SYMC).

(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.

News headlines about MOMO stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by monitoring more than 20 million blog and news sources. 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 media sentiment score of 0.20 on Accern's scale. They also gave news articles about the information services provider an impact score of 49.55 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Momo's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Pendal Group Ltd (4.32%), Handelsbanken Fonder AB (0.29%), Bank of Montreal Can (0.13%), Essex Investment Management Co. LLC (0.02%), Gulf International Bank UK Ltd (0.01%) and Xact Kapitalforvaltning AB (0.01%). View Institutional Ownership Trends for Momo.

MOMO stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd and World Asset Management Inc. View Insider Buying and Selling for Momo.

MOMO stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Bank of Montreal Can, Essex Investment Management Co. LLC, Gulf International Bank UK Ltd, Daiwa SB Investments Ltd., Meag Munich Ergo Kapitalanlagegesellschaft MBH, V Wealth Management LLC and DAVENPORT & Co LLC. 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 $45.47.

Momo has a market capitalization of $9.06 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]