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

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

Momo (NASDAQ:MOMO) posted its quarterly earnings data on Wednesday, March, 7th. The information services provider reported $0.53 earnings per share for the quarter, beating 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 analysts' expectations of $381.17 million. Momo had a return on equity of 36.58% and a net margin of 24.17%. The business's quarterly revenue was up 57.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 EPS. View Momo's Earnings History.

Momo is scheduled to release their next quarterly earnings announcement on Tuesday, May, 29th 2018. View Earnings Estimates for Momo.

11 equities research analysts have issued 12 month price objectives for Momo's shares. Their forecasts range from $28.00 to $56.00. On average, they anticipate Momo's stock price to reach $42.40 in the next year. View Analyst Ratings for Momo.

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

(MOMO) raised $216 million in an IPO 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 served as the underwriters for the IPO.

News headlines about MOMO stock have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Momo earned a news sentiment score of 0.09 on Accern's scale. They also assigned media stories about the information services provider an impact score of 47.37 out of 100, meaning 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 a number of of institutional and retail investors. Top institutional shareholders 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 bought 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 $39.90.

Momo has a market capitalization of $7.92 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]