Analysts See $0.44 EPS for Momo Inc. (MOMO)

November 10, 2018 - By Alfred Lee

Analysts expect Momo Inc. (NASDAQ:MOMO) to report $0.44 EPS on November, 27.They anticipate $0.06 EPS change or 15.79 % from last quarter’s $0.38 EPS. MOMO’s profit would be $89.98 million giving it 18.55 P/E if the $0.44 EPS is correct. After having $0.56 EPS previously, Momo Inc.’s analysts see -21.43 % EPS growth. The stock decreased 6.71% or $2.35 during the last trading session, reaching $32.65. About 5.60M shares traded or 21.92% up from the average. Momo Inc. (NASDAQ:MOMO) has risen 15.70% since November 11, 2017 and is uptrending. It has outperformed by 0.08% the S&P500.

Momo Inc. (NASDAQ:MOMO) Ratings Coverage

Among 5 analysts covering Momo Inc (NASDAQ:MOMO), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Momo Inc had 6 analyst reports since May 30, 2018 according to SRatingsIntel. The company was upgraded on Friday, November 9 by 86 Research. UBS upgraded the stock to “Buy” rating in Thursday, May 31 report. The firm has “Buy” rating by Standpoint Research given on Tuesday, July 31. On Monday, June 18 the stock rating was downgraded by Standpoint Research to “Hold”.

Momo Inc. operates as a mobile-based social networking platform in the People's Republic of China. The company has market cap of $6.68 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. It has a 16 P/E ratio. 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.

More important recent Momo Inc. (NASDAQ:MOMO) news were published by: Benzinga.com which released: “68 Stocks Moving In Friday’s Mid-Day Session” on November 09, 2018, also Benzinga.com published article titled: “34 Stocks Moving In Friday’s Pre-Market Session”, Finance.Yahoo.com published: “Tech Stocks for the Trade War: 2 to Buy, 2 to Short” on November 07, 2018. More interesting news about Momo Inc. (NASDAQ:MOMO) was released by: Nasdaq.com and their article: “Why Momo Inc. Stock Fell 23.4% in October” with publication date: November 08, 2018.

Momo Inc. (NASDAQ:MOMO) Ratings Chart

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