Momo Inc. (MOMO) EPS Estimated At $0.44 on May, 22

May 16, 2018 - By Charla Downs

On May, 22 WallStreet awaited Momo Inc. (NASDAQ:MOMO)’s earnings report, Faxor reports. Analysts have anticipation on stock’s EPS of $0.44. That’s up 10.00 % from last year’s $0.4 EPS. If $0.44 is reported, MOMO’s profit will hit $88.47M for 21.29 P/E. After $0.47 EPS report previous quarter, Wall Street now forecasts -6.38 % negative EPS growth of Momo Inc.. Ticker’s shares touched $37.47 during the last trading session after 0.29% change.Currently Momo Inc. is uptrending after 5.20% change in last May 16, 2017. MOMO has 712,291 shares volume. MOMO underperformed by 6.35% the S&P500.

Momo Inc. (NASDAQ:MOMO) Ratings Coverage

Total analysts of 8 have positions in Momo Inc (NASDAQ:MOMO) as follows: 7 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 88%. Since January 2, 2018 according to StockzIntelligence Inc Momo Inc has 8 analyst reports. On Tuesday, January 23 Jefferies maintained Momo Inc. (NASDAQ:MOMO) rating. Jefferies has “Buy” rating and $45.0 target. On Wednesday, March 28 Morgan Stanley initiated Momo Inc. (NASDAQ:MOMO) rating. Morgan Stanley has “Buy” rating and $5100 target. On Friday, January 26 the rating was upgraded by J.P. Morgan to “Buy”. On Monday, March 19 the stock has “Buy” rating by Bank of America. In Tuesday, February 20 report Citigroup initiated it with “Buy” rating and $40.0 target. On Tuesday, January 2 UBS initiated Momo Inc. (NASDAQ:MOMO) rating. UBS has “Hold” rating and $27.5 target. In Monday, January 29 report JP Morgan upgraded the stock to “Overweight” rating.

Momo Inc. operates as a mobile-based social networking platform in the People's Republic of China.The firm is worth $7.53 billion. The company's platform includes its Momo mobile application and various related features, functionalities, tools, and services that are provided to users, customers, and platform partners.The P/E ratio is 24.33. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations and interests; and Hani, a live video application.

Another two news for Momo Inc. (NASDAQ:MOMO) were briefly published by: on May 15, 2018 with title “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …”. The other‘s article was titled “Momo to Report First Quarter 2018 Results on May 29, 2018” and published on May 14, 2018.

Momo Inc. (NASDAQ:MOMO) Analyst Ratings Chart

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