Hello Group Inc ADR (NASDAQ: MOMO) closed the day trading at $5.96 down -22.29% from the previous closing price of $7.67. In other words, the price has decreased by -$1.71 from its previous closing price. On the day, 13961897 shares were traded.
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Ratios:
For a better understanding of MOMO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.71. For the most recent quarter (mrq), Quick Ratio is recorded 3.72 and its Current Ratio is at 3.74. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on April 28, 2023, Upgraded its rating to Buy and sets its target price to $12.50 from $4.80 previously.
On April 14, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $5 to $13.
Morgan Stanley Downgraded its Overweight to Equal-Weight on February 16, 2023, whereas the target price for the stock was revised from $9 to $12.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MOMO now has a Market Capitalization of 1.13B and an Enterprise Value of 453.03M. As of this moment, Hello’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.34, and their Forward P/E ratio for the next fiscal year is 4.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 0.04 whereas that against EBITDA is 0.17.
Stock Price History:
Over the past 52 weeks, MOMO has reached a high of $11.12, while it has fallen to a 52-week low of $5.74. The 50-Day Moving Average of the stock is 6.41, while the 200-Day Moving Average is calculated to be 7.79.
Shares Statistics:
Over the past 3-months, MOMO traded about 1.65M shares per day on average, while over the past 10 days, MOMO traded about 2.87M shares per day. A total of 149.76M shares are outstanding, with a floating share count of 149.69M. Insiders hold about 0.05% of the company’s shares, while institutions hold 76.25% stake in the company. Shares short for MOMO as of Feb 29, 2024 were 3.27M with a Short Ratio of 1.99, compared to 2.94M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.72% and a Short% of Float of 1.78%.
Dividends & Splits
The current Payout Ratio is 0.00% for MOMO, which recently paid a dividend on May 22, 2023 with an ex-dividend date of Apr 27, 2023. Stock splits for the company last occurred on Nov 14, 2011 when the company split stock in a 30:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.31, while EPS last year was $0.35. The consensus estimate for the next quarter is $0.35, with high estimates of $0.35 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.55 and $1.4 for the fiscal current year, implying an average EPS of $1.5. EPS for the following year is $1.48, with 8 analysts recommending between $1.54 and $1.4.
Revenue Estimates
4 analysts predict $405.77M in revenue for the current quarter. It ranges from a high estimate of $407.35M to a low estimate of $404.1M. As of the current estimate, Hello Group Inc ADR’s year-ago sales were $458.37M, an estimated decrease of -11.50% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $420.35M, an increase of 11.00% over than the figure of -$11.50% in the same quarter last year. There is a high estimate of $420.35M for the next quarter, whereas the lowest estimate is $420.35M.
A total of 9 analysts have provided revenue estimates for MOMO’s current fiscal year. The highest revenue estimate was $1.67B, while the lowest revenue estimate was $1.66B, resulting in an average revenue estimate of $1.66B. In the same quarter a year ago, actual revenue was $1.81B, down -8.40% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.62B in the next fiscal year. The high estimate is $1.67B and the low estimate is $1.5B. The average revenue growth estimate for next year is down -2.50% from the average revenue estimate for this year.
