Analyst Ratings for Momo Inc. ADR (MOMO)

Updated: 2017-07-28

An average rating of Buy has been given to Momo Inc. ADR (NASDAQ:MOMO) by analysts covering the stock. Last month, MOMO received an average rating of Buy.

Of the 12 analysts covering the stock, 10 gave it a buy rating, 1 issued an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for MOMO by the analysts covering the stock. The highest price target was 54, implying a possible profit of 22.56 percent. The most pessimistic analyst gave a price target of 44, which equates to a potential downside of -0.14 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 7.79 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.85 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.41 percent. If we look at the last 90 days instead, we find a net average change of 15.27 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

MOMO has an estimated earnings growth rate of 38.68 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MOMO is 1.08.

In the trailing 52-weeks, MOMO hit 45.95 at the highest peak, while it's lowest trading point was 13.00. Today's price is 238.92 percent above the 52-week low, and 4.11 percent below the high. MOMO has a P/E ratio of 41.88. Investors typically compare the P/E ratio to a company's peers in the industry. The MOMO value stock report compares MOMO to some of its peers using value stock charts. The stock has a market capitalization of $8.52 billion. MOMO will post this quarters earnings in days, on 0000-00-00.