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NASDAQ:MOMO

Momo Stock Forecast, Price & News

$15.00
-0.48 (-3.10 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$14.66
Now: $15.00
$15.38
50-Day Range
$13.67
MA: $14.62
$15.86
52-Week Range
$13.33
Now: $15.00
$40.87
Volume1.98 million shs
Average Volume4.17 million shs
Market Capitalization$3.11 billion
P/E Ratio7.94
Dividend YieldN/A
Beta1.7
Momo Inc. operates a mobile-based social and entertainment platform in the People's Republic of China. The company operates Momo platform that includes its Momo mobile application and various related features, functionalities, tools, and services to users, customers, and platform partners. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations; interests; and recreational activities, including live talent shows, short videos, social games, and other video- and audio-based interactive experiences. The company also operates Tantan, a social and dating app to help its users to find and establish romantic connections, as well as to meet interesting people primarily for young mobile Internet users. The company was formerly known as Momo Technology Company Limited and changed its name to Momo Inc. in July 2014. Momo Inc. was founded in 2011 and is headquartered in Beijing, the People's Republic of China.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.18 out of 5 stars

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:MOMO
CUSIPN/A
Phone86-10-5731-0567
Employees2,350

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.44 billion
Cash Flow$2.44 per share
Book Value$9.49 per share

Profitability

Net Income$426.74 million

Miscellaneous

Market Cap$3.11 billion
Next Earnings Date11/24/2020 (Estimated)
OptionableOptionable
$15.00
-0.48 (-3.10 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Momo (NASDAQ:MOMO) Frequently Asked Questions

How has Momo's stock price been impacted by COVID-19 (Coronavirus)?

Momo's stock was trading at $25.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MOMO stock has decreased by 42.1% and is now trading at $15.00.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Momo?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Momo
.

When is Momo's next earnings date?

Momo is scheduled to release its next quarterly earnings announcement on Tuesday, November 24th 2020.
View our earnings forecast for Momo
.

How were Momo's earnings last quarter?

Momo Inc (NASDAQ:MOMO) posted its quarterly earnings results on Thursday, September, 3rd. The information services provider reported $3.05 EPS for the quarter, beating the consensus estimate of $0.33 by $2.72. The information services provider had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.84 billion. Momo had a return on equity of 22.04% and a net margin of 17.75%. The firm's revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.82 EPS.
View Momo's earnings history
.

How often does Momo pay dividends? What is the dividend yield for Momo?

Momo declared a -- dividend on Friday, March 20th. Investors of record on Wednesday, April 8th will be given a dividend of $0.76 per share on Thursday, April 30th. This represents a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, April 7th.
View Momo's dividend history
.

What guidance has Momo issued on next quarter's earnings?

Momo issued an update on its third quarter 2020 Pre-Market earnings guidance on Thursday, September, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $522.07-536.18 million, compared to the consensus revenue estimate of $634.22 million.

What price target have analysts set for MOMO?

11 equities research analysts have issued 1-year target prices for Momo's shares. Their forecasts range from $16.00 to $35.00. On average, they anticipate Momo's share price to reach $25.15 in the next twelve months. This suggests a possible upside of 67.7% from the stock's current price.
View analysts' price targets for Momo
.

Are investors shorting Momo?

Momo saw a decline in short interest during the month of October. As of October 15th, there was short interest totaling 5,860,000 shares, a decline of 14.7% from the September 30th total of 6,870,000 shares. Based on an average daily trading volume, of 3,470,000 shares, the short-interest ratio is presently 1.7 days.
View Momo's Short Interest
.

Who are some of Momo's key competitors?

What other stocks do shareholders of Momo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Momo investors own include Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Intel (INTC), Square (SQ), Baidu (BIDU), Netflix (NFLX) and Bank of America (BAC).

Who are Momo's key executives?

Momo's management team includes the following people:
  • Mr. Yan Tang, Chairman & CEO (Age 40)
  • Mr. Li Wang, COO, Pres & Director (Age 36)
  • Mr. Xiaoliang Lei, Co-Founder & Pres of Game Operations (Age 36)
  • Mr. Xiaosong Zhang, Chief Financial Officer (Age 56)
  • Mr. Chunlai Wang, Chief Technology Officer (Age 32)

When did Momo IPO?

(MOMO) raised $216 million in an 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.

What is Momo's stock symbol?

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

Who are Momo's major shareholders?

Momo's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Overlook Holdings Ltd (3.66%), BNP Paribas Arbitrage SA (0.24%), KBC Group NV (0.22%), British Airways Pensions Investment Management Ltd (0.20%), Fulcrum Asset Management LLP (0.05%) and Cambridge Investment Research Advisors Inc. (0.04%).
View institutional ownership trends for Momo
.

Which major investors are selling Momo stock?

MOMO stock was sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Deltec Asset Management LLC, Banque Cantonale Vaudoise, Assenagon Asset Management S.A., and Fulcrum Asset Management LLP.
View insider buying and selling activity for Momo
.

Which major investors are buying Momo stock?

MOMO stock was purchased by a variety of institutional investors in the last quarter, including Overlook Holdings Ltd, British Airways Pensions Investment Management Ltd, KBC Group NV, Diversified Trust Co, Cambridge Investment Research Advisors Inc., Standard Life Aberdeen plc, E Fund Management Hong Kong Co. Ltd., and CWM LLC.
View insider buying and selling activity for Momo
.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Momo's stock price today?

One share of MOMO stock can currently be purchased for approximately $15.00.

How big of a company is Momo?

Momo has a market capitalization of $3.11 billion and generates $2.44 billion in revenue each year. The information services provider earns $426.74 million in net income (profit) each year or $1.94 on an earnings per share basis. Momo employs 2,350 workers across the globe.

What is Momo's official website?

The official website for Momo is www.immomo.com.

How can I contact Momo?

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]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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