Hello Group (MOMO) Expected to Announce Earnings on Wednesday

Hello Group (NASDAQ:MOMO) is expected to be posting its quarterly earnings results 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. Individual interested in participating in the company’s earnings conference call can do so using this link.

Hello Group Stock Performance

Shares of MOMO opened at $7.31 on Tuesday. The company’s fifty day moving average is $7.39 and its 200 day moving average is $7.10. Hello Group has a fifty-two week low of $4.79 and a fifty-two week high of $8.38. The stock has a market capitalization of $1.06 billion, a PE ratio of 7.54, a P/E/G ratio of 2.07 and a beta of 0.44.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. StockNews.com upgraded 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 company a “neutral” rating in a research note on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average 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.