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NASDAQ:MOMO

Hello Group (MOMO) Stock Price, News & Analysis

Hello Group logo
$7.35 +0.05 (+0.68%)
(As of 12/20/2024 05:31 PM ET)

About Hello Group Stock (NASDAQ:MOMO)

Key Stats

Today's Range
$7.22
$7.45
50-Day Range
$6.32
$7.84
52-Week Range
$4.79
$8.19
Volume
1.24 million shs
Average Volume
1.12 million shs
Market Capitalization
$1.07 billion
P/E Ratio
7.58
Dividend Yield
N/A
Price Target
$8.25
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
71st Percentile Overall Score

MOMO MarketRank™: 

Hello Group scored higher than 71% of companies evaluated by MarketBeat, and ranked 258th out of 653 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 2.00, and is based on 2 buy ratings, 2 hold ratings, and 2 sell ratings.

  • 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 19.18% in the coming year, from $0.73 to $0.87 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hello Group is 7.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hello Group is 7.58, 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 237.69.

  • Price to Earnings Growth Ratio

    Hello Group has a PEG Ratio of 2.40. 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 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.39% 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 3.6, 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 3.47%, indicating that investor sentiment is decreasing.
  • 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

    3.39% 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 3.6, 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 3.47%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Hello Group has a news sentiment score of 1.08. 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 0.64 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Hello Group this week, compared to 3 articles on an average week.
  • Search Interest

    6 people have searched for MOMO on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 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

Brokerages Set Hello Group Inc. (NASDAQ:MOMO) Target Price at $8.25
Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
Hello Group (MOMO) Gets a Buy from Benchmark Co.
Hello Group Reports Q3 Revenue Decline Amid User Drop
See More Headlines

MOMO Stock Analysis - Frequently Asked Questions

Hello Group's stock was trading at $6.95 at the beginning of 2024. Since then, MOMO stock has increased by 5.8% and is now trading at $7.35.
View the best growth stocks for 2024 here
.

Hello Group Inc. (NASDAQ:MOMO) announced its quarterly earnings data on Tuesday, September, 3rd. The information services provider reported $2.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $2.13. Hello Group's revenue for the quarter was down 14.2% on a year-over-year basis.

Hello Group (MOMO) raised $216 million in an IPO on Thursday, December 11th 2014. The company issued 16,000,000 shares at $12.50-$14.50 per share. Morgan Stanley, Credit Suisse, J.P. Morgan and China Renaissance served as the underwriters for the IPO.

Hello Group's top institutional investors include First Beijing Investment Ltd (2.79%), State Street Corp (1.88%), Polunin Capital Partners Ltd (0.50%) and Jane Street Group LLC.
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 NVIDIA (NVDA), Meta Platforms (META), Alibaba Group (BABA), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA) and Intel (INTC).

Company Calendar

Last Earnings
9/03/2024
Today
12/21/2024
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
$8.25
High Stock Price Target
$13.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+12.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$275.72 million
Pretax Margin
20.50%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$1.41 per share
Book Value
$8.89 per share

Miscellaneous

Free Float
55,931,000
Market Cap
$1.07 billion
Optionable
Optionable
Beta
0.51
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This page (NASDAQ:MOMO) was last updated on 12/22/2024 by MarketBeat.com Staff
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