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 Wednesday, March, 7th. The information services provider reported $0.53 earnings per share for the quarter, topping the Zacks' 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%. The company's revenue for the quarter was up 57.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.44 EPS. View Momo's Earnings History.

Momo is scheduled to release their next quarterly earnings announcement on Tuesday, May, 22nd 2018. View Earnings Estimates for Momo.

12 analysts have issued 12 month price objectives for Momo's stock. Their forecasts range from $28.00 to $56.00. On average, they anticipate Momo's stock price to reach $42.7273 in the next twelve months. View Analyst Ratings for Momo.

Momo saw a decline in short interest in March. As of March 29th, there was short interest totalling 6,819,712 shares, a decline of 34.5% from the March 15th total of 10,403,938 shares. Based on an average daily volume of 5,604,871 shares, the days-to-cover ratio is currently 1.2 days. Approximately 4.4% of the shares of the stock are short sold.

Some companies that are related to Momo include Autodesk (ADSK), Square (SQ), Symantec (SYMC), Check Point Software Technologies (CHKP), Splunk (SPLK), CA (CA), Mobileye (MBBYF), Ansys (ANSS), Citrix Systems (CTXS), Shopify (SHOP), Synopsys (SNPS), SS&C Technologies (SSNC), Dropbox (DBX), Take-Two Interactive (TTWO) and Ubisoft (UBSFY).

(MOMO) raised $216 million in an initial public offering 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.

Media headlines about MOMO stock have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Momo earned a news impact score of 0.16 on Accern's scale. They also assigned news articles about the information services provider an impact score of 46.54 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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 $36.58.

Momo has a market capitalization of $7.24 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]