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
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone86-10-5731-0567
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.95 billion
Profitability
Miscellaneous
Employees1,244
Next Earnings Date6/4/2019 (Estimated)
OptionableOptionable
Momo (NASDAQ:MOMO) Frequently Asked Questions
What is Momo's stock symbol?
Momo trades on the NASDAQ under the ticker symbol "MOMO."
How often does Momo pay dividends? What is the dividend yield for Momo?
Momo announced a special dividend on Wednesday, March 13th. Investors of record on Friday, April 5th will be paid a dividend of $0.62 per share on Tuesday, April 30th. The ex-dividend date of this dividend is Thursday, April 4th. View Momo's Dividend History.
How were Momo's earnings last quarter?
Momo Inc (NASDAQ:MOMO) issued its quarterly earnings results on Tuesday, March, 12th. The information services provider reported $0.59 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.17. The information services provider earned $559.10 million during the quarter, compared to the consensus estimate of $536.45 million. Momo had a net margin of 21.19% and a return on equity of 30.62%. The business's revenue was up 44.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.53 EPS. View Momo's Earnings History.
When is Momo's next earnings date?
What guidance has Momo issued on next quarter's earnings?
Momo issued an update on its first quarter 2019 earnings guidance on Tuesday, March, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $516.326-530.87 million, compared to the consensus revenue estimate of $511.7 million.
What price target have analysts set for MOMO?
10 equities research analysts have issued 12 month target prices for Momo's shares. Their predictions range from $35.00 to $60.00. On average, they anticipate Momo's stock price to reach $48.00 in the next year. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for Momo.
What is the consensus analysts' recommendation for Momo?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Momo.
Has Momo been receiving favorable news coverage?
Headlines about MOMO stock have trended very negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Momo earned a news sentiment score of -3.6 on InfoTrie's scale. They also gave news stories about the information services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Momo's key competitors?
Some companies that are related to Momo include Electronic Arts (EA), Shopify (SHOP), Check Point Software Technologies (CHKP), Splunk (SPLK), CA (CA), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Twilio (TWLO), Synopsys (SNPS), SS&C Technologies (SSNC), ANSYS (ANSS), Symantec (SYMC), Citrix Systems (CTXS), Atlassian (TEAM) and Tableau Software (DATA).
What other stocks do shareholders of Momo own?
Who are Momo's key executives?
Momo's management team includes the folowing 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 (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.
Who are Momo's major shareholders?
Momo's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (4.47%), Pendal Group Ltd (4.29%), BlackRock Inc. (3.77%), MERIAN GLOBAL INVESTORS UK Ltd (1.91%), Prime Capital Management Co Ltd (1.65%) and Acadian Asset Management LLC (1.13%). 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 Prime Capital Management Co Ltd, Acadian Asset Management LLC, Millennium Management LLC, Prudential Financial Inc., KBC Group NV, Bank of Montreal Can, Penserra Capital Management LLC and Nomura Holdings Inc.. 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 FMR LLC, Broad Peak Investment Management LTD., Norges Bank, BlackRock Inc., Pendal Group Ltd, First Manhattan Co., Yiheng Capital LLC and Handelsbanken Fonder AB. 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 $38.50.
How big of a company is Momo?
Momo has a market capitalization of $7.67 billion and generates $1.95 billion in revenue each year. The information services provider earns $409.54 million in net income (profit) each year or $1.96 on an earnings per share basis. Momo employs 1,244 workers across the globe.
What is Momo's official website?
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.
