NASDAQ:MOMO Momo Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Momo Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $14.82 -0.20 (-1.33 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$14.64Now: $14.82▼$15.0050-Day Range$13.90MA: $18.59▼$21.4152-Week Range$13.87Now: $14.82▼$40.87Volume2.15 million shsAverage Volume4.31 million shsMarket Capitalization$3.08 billionP/E Ratio7.84Dividend YieldN/ABeta1.54 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.2 Analyst's Opinion Consensus RatingMomo has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.15, Momo has a forecasted upside of 69.7% from its current price of $14.82.Amount of Analyst CoverageMomo has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesMomo has received 500 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMomo has received 404 “underperform” votes. (Add your “underperform” vote.)Community SentimentMomo has received 55.31% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Momo and other stocks. Vote “Outperform” if you believe MOMO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MOMO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldMomo does not currently pay a dividend.Dividend GrowthMomo does not have a long track record of dividend growth. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Momo insiders have not sold or bought any company stock.Percentage Held by Insiders61.40% of the stock of Momo is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions55.48% of the stock of Momo is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Momo are expected to grow by 13.33% in the coming year, from $1.20 to $1.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Momo is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Momo is 7.84, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 62.31.Price to Book Value per Share RatioMomo has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MOMO Previous Symbol CUSIPN/A CIK1610601 Webwww.immomo.com Phone86-10-5731-0567Debt Debt-to-Equity Ratio0.36 Current Ratio5.51 Quick Ratio5.51Price-To-Earnings Trailing P/E Ratio7.84 Forward P/E Ratio12.35 P/E GrowthN/A Sales & Book Value Annual Sales$2.44 billion Price / Sales1.26 Cash Flow$2.41 per share Price / Cash Flow6.16 Book Value$9.49 per share Price / Book1.56Profitability EPS (Most Recent Fiscal Year)$1.94 Net Income$426.74 million Net Margins17.75% Return on Equity22.04% Return on Assets13.19%Miscellaneous Employees2,350 Outstanding Shares207,630,000Market Cap$3.08 billion Next Earnings Date11/24/2020 (Estimated) OptionableOptionable $14.82 -0.20 (-1.33 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MOMO News and Ratings via Email Sign-up to receive the latest news and ratings for MOMO and its competitors with MarketBeat's FREE daily newsletter. Momo (NASDAQ:MOMO) Frequently Asked Questions How has Momo's stock price been impacted by Coronavirus (COVID-19)? Momo's stock was trading at $25.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MOMO shares have decreased by 42.8% and is now trading at $14.82. 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) announced its earnings results on Thursday, September, 3rd. The information services provider reported $3.05 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $2.72. The information services provider earned $3.87 billion during the quarter, compared to analyst estimates of $3.84 billion. Momo had a net margin of 17.75% and a return on equity of 22.04%. The company's revenue was down 6.8% on a year-over-year basis. During the same quarter last year, the business earned $0.82 earnings per share. View Momo's earnings history. How often does Momo pay dividends? What is the dividend yield for Momo? Momo announced a -- dividend on Friday, March 20th. Investors of record on Wednesday, April 8th will be paid a dividend of $0.76 per share on Thursday, April 30th. This represents a dividend yield of 2.7%. The ex-dividend date 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 (EPS) 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 analysts have issued twelve-month target prices for Momo's shares. Their forecasts range from $16.00 to $35.00. On average, they expect Momo's stock price to reach $25.15 in the next year. This suggests a possible upside of 69.7% from the stock's current price. View analysts' price targets for Momo. Who are some of Momo's key competitors? Some companies that are related to Momo include Cloudflare (NET), Dynatrace (DT), Temenos (TMNSF), Ceridian HCM (CDAY), UBISOFT ENTMT S/ADR (UBSFY), PTC (PTC), Avalara (AVLR), Nuance Communications (NUAN), Elastic (ESTC), Trend Micro (TMICY), Guidewire Software (GWRE), Anaplan (PLAN), Dropbox (DBX), Paylocity (PCTY) and Fastly (FSLY). View all 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), Bank of America (BAC) and Netflix (NFLX). 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 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. 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 Vanguard Group Inc. (2.54%), Platinum Investment Management Ltd. (2.17%), Neuberger Berman Group LLC (1.08%), Kylin Management LLC (0.88%), FIL Ltd (0.79%) and Krane Funds Advisors LLC (0.77%). 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 Krane Funds Advisors LLC, Handelsbanken Fonder AB, FMR LLC, SG Americas Securities LLC, Zurcher Kantonalbank Zurich Cantonalbank, Neuberger Berman Group LLC, NorthCoast Asset Management LLC, and Skandinaviska Enskilda Banken AB publ. View insider buying and selling activity for Momo. Which major investors are buying Momo stock? MOMO stock was bought by a variety of institutional investors in the last quarter, including FIL Ltd, Vanguard Group Inc., Broad Peak Investment Holdings Ltd., Kylin Management LLC, Unigestion Holding SA, Platinum Investment Management Ltd., Bank of America Corp DE, and Man Group plc. 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 $14.82. How big of a company is Momo? Momo has a market capitalization of $3.08 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 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
