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 videos, short videos, social games, and other video- and audio-based interactive experiences. 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:MOMO
CUSIPN/A
Phone86-10-5731-0567
Debt
Debt-to-Equity RatioN/A
Current Ratio4.67
Quick Ratio4.67
Price-To-Earnings
Trailing P/E Ratio23.07
Forward P/E Ratio15.66
P/E Growth0.83
Sales & Book Value
Annual Sales$1.32 billion
Price / Sales5.47
Cash Flow$1.4216 per share
Price / Cash25.45
Book Value$5.21 per share
Price / Book6.94
Profitability
EPS (Most Recent Fiscal Year)$1.53
Net Income$318.56 million
Net Margins24.68%
Return on Equity37.07%
Return on Assets30.16%
Miscellaneous
Employees924
Outstanding Shares199,210,000
Market Cap$8.42 billion
Momo (NASDAQ:MOMO) Frequently Asked Questions
What is Momo's stock symbol?
Momo trades on the NASDAQ under the ticker symbol "MOMO."
How were Momo's earnings last quarter?
Momo Inc (NASDAQ:MOMO) announced its earnings results on Tuesday, May, 29th. The information services provider reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.19. The information services provider earned $435.10 million during the quarter, compared to analyst estimates of $398.28 million. Momo had a net margin of 24.68% and a return on equity of 37.07%. Momo's revenue was up 64.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.44 EPS. View Momo's Earnings History.
When is Momo's next earnings date?
What price target have analysts set for MOMO?
12 analysts have issued 1 year price objectives for Momo's shares. Their forecasts range from $30.00 to $60.00. On average, they expect Momo's stock price to reach $51.0909 in the next year. This suggests a possible upside of 41.2% from the stock's current price. View Analyst Price Targets for Momo.
What is the consensus analysts' recommendation for Momo?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Momo.
Who are some of Momo's key competitors?
Some companies that are related to Momo include ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), ANSYS (ANSS), Mobileye (MBBYF), Synopsys (SNPS), SS&C Technologies (SSNC), Cadence Design Systems (CDNS) and Dropbox (DBX).
Who are Momo's key executives?
Momo's management team includes the folowing people:
- Mr. Yan Tang, Chairman & CEO (Age 39)
- Mr. Li Wang, COO, Pres & Director (Age 35)
- Mr. Xiaoliang Lei, Co-Founder & Pres of Game Operations (Age 35)
- Mr. Xiaosong Zhang, Chief Financial Officer (Age 55)
- Mr. Chunlai Wang, Chief Technology Officer (Age 31)
When did Momo IPO?
(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 acted as the underwriters for the IPO.
Has Momo been receiving favorable news coverage?
News headlines about MOMO stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Momo earned a news and rumor sentiment score of 0.22 on Accern's scale. They also gave media headlines about the information services provider an impact score of 47.87 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Momo.
Who are Momo's major shareholders?
Momo's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Pendal Group Ltd (4.32%), BlackRock Inc. (3.35%), Renaissance Technologies LLC (2.26%), Acadian Asset Management LLC (1.93%), Morgan Stanley (1.03%) and FMR LLC (0.86%). 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 Fosun International Ltd, Pendal Group Ltd, FMR LLC, Greenwoods Asset Management Ltd, Krane Funds Advisors LLC, Canada Pension Plan Investment Board, Bank of America Corp DE and Millennium Management LLC. View Insider Buying and Selling for Momo.
Which major investors are buying Momo stock?
MOMO stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Renaissance Technologies LLC, Sylebra HK Co Ltd, KEYWISE CAPITAL MANAGEMENT Ltd, Elephas Investment Management Ltd, Caisse DE Depot ET Placement DU Quebec, Russell Investments Group Ltd. and DSAM Partners London Ltd. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Momo's stock price today?
One share of MOMO stock can currently be purchased for approximately $36.18.
How big of a company is Momo?
Momo has a market capitalization of $8.42 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.
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]
MarketBeat Community Rating for Momo (NASDAQ MOMO)
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.
