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

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

Momo Inc (NASDAQ:MOMO) posted its quarterly earnings data 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 had revenue of $435.10 million for the quarter, compared to analysts' expectations of $398.28 million. Momo had a net margin of 24.68% and a return on equity of 37.07%. The business's quarterly revenue was up 64.1% on a year-over-year basis. During the same quarter last year, the company posted $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 brokers have issued twelve-month price objectives for Momo's stock. Their forecasts range from $30.00 to $60.00. On average, they anticipate 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 during the month of 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 daily trading volume, of 2,880,987 shares, the short-interest ratio is presently 1.6 days. Currently, 3.0% of the company's stock are short sold.

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), CA Technologies (CA), Dropbox (DBX), 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 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 acted as the underwriters for the IPO.

Media stories about MOMO stock have trended somewhat positive on Monday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Momo earned a news sentiment score of 0.03 on Accern's scale. They also gave news headlines about the information services provider an impact score of 46.10 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Momo's stock is owned by many different of retail and institutional 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 $53.13.

Momo has a market capitalization of $10.68 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]