Is Momo an undervalued growth stock?
MOMO is a leading social media company in China with high growth and reasonable valuation with 25% upside based on 17x 2019 P/E. The merger of MOMO and Tantan can increase the dominance of MOMO in social networking and make it the irreplaceable number one player in a large TAM. Short sellers misunderstood the company.
What does target price mean in stocks?
What Is A Target Price In Stocks?
- A target price is an estimate of the future price of a stock. …
- Target prices can be used to evaluate stocks and may be even more useful than an equity analyst’s rating.
- While opinion-based ratings have limited value, target prices can help investors evaluate the potential risk/reward profile of the stock.
What is the price of target stock?
The price target of a stock is the price at which the stock is fairly valued with respect to its historical and projected earnings. When stocks are trading below and above their price targets, investors can maximize their rates of return by buying and selling. Stock price targets are often published by research analysts.
What is target stock price?
The stock has a market cap of $20.58 billion, a price-to-earnings ratio of 875.81, a PEG ratio of 2.71 and a beta of 1.25. ZoomInfo Technologies has a fifty-two week low of $37.86 and a fifty-two week high of $79.17.
Is Momo a buy?
Hello Group Inc (NASDAQ:MOMO) The 14 analysts offering 12-month price forecasts for Hello Group Inc have a median target of 7.42, with a high estimate of 19.78 and a low estimate of 4.47. The median estimate represents a +66.15% increase from the last price of 4.47.
What does Momo company do?
Hello Group Inc (NASDAQ:MOMO) operates as a mobile-based social networking platform.
Does Momo pay a dividend?
Hello Group (NASDAQ: MOMO) does not pay a dividend.
Who is the owner of Momo?
Gianpiero MorettiMomo (company)TypePrivateFounderGianpiero MorettiHeadquartersMilan , ItalyProductsAlloy wheels, steering wheels, car seats, gear sticks, tiresWebsitemomo.com3 more rows
What apps does Momo own?
Image source: Momo.The Chinese government. Momo owns two main apps: its eponymous app, which lets users find friends and watch live streaming videos, and Tantan, a Tinder clone it acquired in early 2018. ... Tencent's WeChat and dating apps. ... Gen Z-oriented video apps.
Is MOMO stock a buy right now?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hello Group in the last twelve months. There are currently 3 hold ratings...
Will Hello Group's stock price go up in 2022?
4 analysts have issued 1 year price objectives for Hello Group's stock. Their forecasts range from $7.00 to $20.00. On average, they predict Hello...
How has Hello Group's stock price performed in 2022?
Hello Group's stock was trading at $8.98 at the start of the year. Since then, MOMO stock has decreased by 30.7% and is now trading at $6.22. View...
When is Hello Group's next earnings date?
Hello Group is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022. View our earnings forecast for Hello G...
How were Hello Group's earnings last quarter?
Hello Group Inc. (NASDAQ:MOMO) issued its quarterly earnings data on Tuesday, June, 7th. The information services provider reported $1.94 EPS for t...
How often does Hello Group pay dividends? What is the dividend yield for Hello Group?
Hello Group announced a -- dividend on Wednesday, March 30th. Investors of record on Wednesday, April 13th will be given a dividend of $0.62 per sh...
What guidance has Hello Group issued on next quarter's earnings?
Hello Group updated its second quarter 2022 earnings guidance on Tuesday, June, 7th. The company provided EPS guidance of for the period. The compa...
Who are Hello Group's key executives?
Hello Group's management team includes the following people: Mr. Yan Tang , Exec. Chairman (Age 43) Mr. Li Wang , CEO & Director (Age 39) Mr....
Who are some of Hello Group's key competitors?
Some companies that are related to Hello Group include SPS Commerce (SPSC) , Alteryx (AYX) , Workiva (WK) , Duolingo (DUOL) , BOX (BOX) , Var...
How much does Momo make?
Is Momo a hold stock?
Momo has a market capitalization of $1.88 billion and generates $2.30 billion in revenue each year. The information services provider earns $322.37 million in net income (profit) each year or $1.48 on an earnings per share basis.
How much did Momo stock fall in 2021?
Wall Street analysts have given Momo a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Momo wasn't one of them.
Does Momo stock have a sell signal?
The Momo Inc. stock price fell by -1.18% on the last day (Friday, 2nd Jul 2021) from $15.29 to $15.11. and has now fallen 5 days in a row. During the day the stock fluctuated 1.73% from a day low at $14.97 to a day high of $15.23. The price has fallen in 6 of the last 10 days, but is still up by 2.09% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -428 thousand shares and in total, 1 million shares were bought and sold for approximately $16.81 million.
Key Earnings Data
Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Hello Group Inc. Sponsored ADR (MOMO) Q2 Earnings and Revenues Top Estimates
Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
