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Hello Group (MOMO) Stock Price, News & Analysis

$6.39
-0.09 (-1.39%)
(As of 09/20/2024 ET)

About Hello Group Stock (NASDAQ:MOMO)

Key Stats

Today's Range
$6.38
$6.54
50-Day Range
$6.20
$7.03
52-Week Range
$4.79
$7.74
Volume
657,855 shs
Average Volume
1.79 million shs
Market Capitalization
$925.90 million
P/E Ratio
5.81
Dividend Yield
N/A
Price Target
$7.93
Consensus Rating
Hold

Company Overview

Hello Group Inc. provides mobile-based social and entertainment services in the People's Republic of China. It operates in three segments: Momo, Tantan, and QOOL. The company offers Momo, a mobile application that connects people and facilitates social interactions based on location, interests, and various online recreational activities, including live talent shows, short videos, social games, as well as other video- and audio-based interactive experiences, such as online parties, mobile karaoke and user participated reality shows; Tantan, a social and dating application; and other applications under the Hertz, Soulchill, Duidui, and Tietie names. The company also provides livestream services for various content and activities comprising talent shows, such as singing, dancing, and talk shows, as well as casual chatting, and other forms of interactions between broadcasters and viewers; value-added services; advertising and marketing services; and mobile games. The company was formerly known as Momo Inc. and changed its name to Hello Group Inc. in August 2021. Hello Group Inc. was incorporated in 2011 and is headquartered in Beijing, the People's Republic of China.

Hello Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 76th Percentile

Hello Group scored higher than 76% of companies evaluated by MarketBeat, and ranked 254th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hello Group has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Hello Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about Hello Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Hello Group are expected to grow by 34.67% in the coming year, from $0.75 to $1.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hello Group is 5.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hello Group is 5.81, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 275.55.

  • Price to Earnings Growth Ratio

    Hello Group has a PEG Ratio of 1.93. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Hello Group has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Hello Group's valuation and earnings.
  • Percentage of Shares Shorted

    3.26% of the float of Hello Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Hello Group has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hello Group has recently increased by 11.87%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Hello Group does not currently pay a dividend.

  • Dividend Growth

    Hello Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.26% of the float of Hello Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Hello Group has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hello Group has recently increased by 11.87%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Hello Group has a news sentiment score of 1.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Hello Group this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for MOMO on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Hello Group to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hello Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    61.40% of the stock of Hello Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    50.96% of the stock of Hello Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Hello Group's insider trading history.
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MOMO Stock News Headlines

Benchmark Co. Sticks to Its Buy Rating for Hello Group (MOMO)
Must-Know for Trading Options
Options are becoming increasingly popular among investors – with demand hitting record highs for 3 years in a row! But – knowing what the options trading landscape looks like, and what you're up against is a must.
Hello Group Inc. (MOMO) Q2 2024 Earnings Call Transcript
Hello Gr (NASDAQ:MOMO) Stock, Short Interest Report
See More Headlines

MOMO Stock Analysis - Frequently Asked Questions

Hello Group's stock was trading at $6.95 at the beginning of the year. Since then, MOMO shares have decreased by 8.1% and is now trading at $6.39.
View the best growth stocks for 2024 here
.

Hello Group Inc. (NASDAQ:MOMO) posted its quarterly earnings data on Tuesday, September, 3rd. The information services provider reported $2.38 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $2.13. The company's revenue for the quarter was down 14.2% compared to the same quarter last year.

Hello Group (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.

Top institutional investors of Hello Group include Renaissance Technologies LLC (5.98%), Acadian Asset Management LLC (4.97%), Dimensional Fund Advisors LP (2.57%) and BRIGHT VALLEY CAPITAL Ltd (2.54%).
View institutional ownership trends
.

Shares of MOMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hello Group investors own include Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Intel (INTC) and Block (SQ).

Company Calendar

Last Earnings
9/03/2024
Today
9/20/2024
Next Earnings (Estimated)
12/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:MOMO
Fax
N/A
Employees
1,382
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.93
High Stock Price Target
$13.00
Low Stock Price Target
$5.70
Potential Upside/Downside
+24.0%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$275.72 million
Pretax Margin
21.50%

Debt

Sales & Book Value

Annual Sales
$11.30 billion
Cash Flow
$1.49 per share
Book Value
$8.89 per share

Miscellaneous

Free Float
55,931,000
Market Cap
$925.90 million
Optionable
Optionable
Beta
0.53
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This page (NASDAQ:MOMO) was last updated on 9/20/2024 by MarketBeat.com Staff
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