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

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$45.47 +0.89 (+2.00 %)
(As of 07/23/2018 01:38 AM ET)
Previous Close$45.47
Today's Range$44.54 - $46.15
52-Week Range$22.49 - $54.24
Volume3.63 million shs
Average Volume4.84 million shs
Market Capitalization$9.06 billion
P/E Ratio29.72
Dividend YieldN/A
Beta1.67
Momo logoMomo 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.

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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 Ratio29.72
Forward P/E Ratio19.68
P/E Growth0.9

Sales & Book Value

Annual Sales$1.32 billion
Price / Sales6.87
Cash Flow$1.6613 per share
Price / Cash27.37
Book Value$5.21 per share
Price / Book8.73

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$9,058.21

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) issued its quarterly earnings results on Tuesday, May, 29th. The information services provider reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.19. The information services provider earned $435.10 million during the quarter, compared to the consensus estimate of $398.28 million. Momo had a return on equity of 37.07% and a net margin of 24.68%. Momo's revenue was up 64.1% on a year-over-year basis. During the same period last year, the company earned $0.44 earnings per share. View Momo's Earnings History.

When is Momo's next earnings date?

Momo is scheduled to release their next quarterly earnings announcement on Tuesday, August, 28th 2018. View Earnings Estimates for Momo.

What price target have analysts set for MOMO?

12 brokerages have issued 1-year price targets for Momo's shares. Their predictions range from $30.00 to $60.00. On average, they anticipate Momo's stock price to reach $51.0909 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Ratings 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 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Momo stock?

Here are some recent quotes from research analysts about Momo stock:
  • 1. According to Zacks Investment Research, "Momo Inc. provides mobile-based social networking platform primarily in the Peoples Republic of China. Its platform includes mobile applications and related features, functionalities, tools and services. The Company offers two types of mobile game services non-exclusive mobile game services and exclusive mobile game services. It also provides membership subscription and other services which include paid emoticons and mobile marketing services. Momo Inc. is headquartered in Beijing, the Peoples Republic of China. " (5/23/2018)
  • 2. Goldman Sachs Group Inc analysts commented, "Our target P/E multiple of 22X (also in line with average 1-yr forward P/E since MOMO's IPO in 2014) is derived at 1SD lower than the historical trading range (since 2012) of global peers, given that MOMO is still a niche player in social networking unlike big platform peers such as Tencent Holdings Ltd (OTC: TCEHY) and Facebook Inc (NASDAQ: FB) that cater to mass demand." (8/30/2017)

Are investors shorting Momo?

Momo saw a decline in short interest during the month of June. As of June 15th, there was short interest totalling 3,773,103 shares, a decline of 21.5% from the May 31st total of 4,803,877 shares. Based on an average trading volume of 5,186,089 shares, the days-to-cover ratio is currently 0.7 days. Approximately 2.5% of the shares of the stock are short sold. View Momo's Current Options Chain.

Who are some of Momo's key competitors?

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 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.

Has Momo been receiving favorable news coverage?

News headlines about MOMO stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Momo earned a media sentiment score of 0.20 on Accern's scale. They also gave news articles about the information services provider an impact score of 49.55 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Momo's major shareholders?

Momo's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Pendal Group Ltd (4.32%), Handelsbanken Fonder AB (0.29%), Bank of Montreal Can (0.13%), Essex Investment Management Co. LLC (0.02%), Gulf International Bank UK Ltd (0.01%) and Xact Kapitalforvaltning AB (0.01%). 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 Pendal Group Ltd and World Asset Management Inc. View Insider Buying and Selling for Momo.

Which major investors are buying Momo stock?

MOMO stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Bank of Montreal Can, Essex Investment Management Co. LLC, Gulf International Bank UK Ltd, Daiwa SB Investments Ltd., Meag Munich Ergo Kapitalanlagegesellschaft MBH, V Wealth Management LLC and DAVENPORT & Co LLC. 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 $45.47.

How big of a company is Momo?

Momo has a market capitalization of $9.06 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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  329 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  547
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.
This page was last updated on 7/23/2018 by MarketBeat.com Staff

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