Hello Group (MOMO) Expected to Announce Earnings on Wednesday

Hello Group (NASDAQ:MOMO) is expected to be releasing its earnings data before the market opens on Wednesday, March 12th. Analysts expect Hello Group to post earnings of $0.28 per share and revenue of $2.60 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Hello Group Trading Up 1.3 %

MOMO opened at $7.27 on Wednesday. The company has a fifty day moving average price of $7.38 and a two-hundred day moving average price of $7.08. The company has a market cap of $1.05 billion, a P/E ratio of 7.49, a price-to-earnings-growth ratio of 2.07 and a beta of 0.47. Hello Group has a 1-year low of $4.79 and a 1-year high of $8.38.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on MOMO shares. StockNews.com raised shares of Hello Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. Citigroup boosted their target price on shares of Hello Group from $5.90 to $7.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Finally, Bank of America downgraded shares of Hello Group from a “buy” rating to an “underperform” rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $8.25.

Hello Group Company Profile

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.