With 0.97 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.07 million shares. The 52-week range on MOMO shows that it touched its highest point at $8.38 and its lowest point at $4.79 during that stretch. It currently has a 1-year price target of $8.80. With its current market cap of 1.01 billion, MOMO has annualized dividend of $0.00 while the current yield stands at 0.00%. Beta for the stock currently stands at 0.26.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MOMO was down-trending over the past week, with a drop of -0.52%, but this was up by 4.95% over a month. Three-month performance surged to 12.54% while six-month performance rose 19.41%. The stock gained 26.30% in the past year, while it has lost -1.04% so far this year. A look at the trailing 12-month EPS for MOMO yields 0.96 with Next year EPS estimates of 0.95. For the next quarter, that number is 0.20. This implies an EPS growth rate of -37.10% for this year and 11.67% for next year. EPS is expected to decline by -8.82% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -8.04%.
Float and Shares Shorts:
At present, 131.93 million MOMO shares are outstanding with a float of 131.83 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MOMO since 10 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.77544 being high and $5.65785 being low. For MOMO, this leads to a yearly average estimate of $6.21664. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
