Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Hello Group Inc ADR (NASDAQ: MOMO) was $7.67 for the day, down -2.17% from the previous closing price of $7.84. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 0.83 million shares were traded.
Ratios:
Our analysis of MOMO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.99. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 03, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $13 to $6.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 26 ’24 when LI WANG bought 226,013 shares for $7.14 per share.
LI WANG bought 130,827 shares of MOMO for $919,243 on Sep 25 ’24. On Sep 13 ’24, another insider, Wang Li, who serves as the Director of the company, bought 343,160 shares for $6.29 each.
Valuation Measures:
As of this moment, Hello’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.01, and their Forward P/E ratio for the next fiscal year is 8.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 0.82.
Stock Price History:
Over the past 52 weeks, MOMO has reached a high of $8.38, while it has fallen to a 52-week low of $4.79. The 50-Day Moving Average of the stock is 3.75%, while the 200-Day Moving Average is calculated to be 13.15%.
Shares Statistics:
A total of 131.93M shares are outstanding, with a floating share count of 131.83M. Insiders hold about 0.08% of the company’s shares, while institutions hold 74.20% stake in the company.
Earnings Estimates
The stock of Hello Group Inc ADR (MOMO) is currently being evaluated by 3.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $7.02 and $6.81 for the fiscal current year, implying an average EPS of $6.92. EPS for the following year is $7.55, with 7.0 analysts recommending between $8.76 and $5.74.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $2.62B to a low estimate of $2.59B. As of the current estimate, Hello Group Inc ADR’s year-ago sales were $3B
A total of 8 analysts have provided revenue estimates for MOMO’s current fiscal year. The highest revenue estimate was $10.54B, while the lowest revenue estimate was $10.42B, resulting in an average revenue estimate of $10.51B. In the same quarter a year ago, actual revenue was $12BBased on 9 analysts’ estimates, the company’s revenue will be $10.03B in the next fiscal year. The high estimate is $10.71B and the low estimate is $9.84B.
