InvestorsObserver is giving Hello Group Inc (MOMO) an Analyst Rating Rank of 44, meaning MOMO is ranked higher by analysts than 44% of stocks. The average price target for MOMO is $16.9 and analyst’s rate the stock as a Strong Buy.
Wall Street analysts are rating MOMO a Strong Buy today. Find out what this means to you and get the rest of the rankings on MOMO!
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Hello Group Inc Stock Today?
Hello Group Inc (MOMO) stock has risen 3.53% while the S&P 500 has fallen -0.06% as of 3:34 PM on Friday, Jan 14. MOMO is higher by $0.32 from the previous closing price of $9.20 on volume of 1,141,136 shares. Over the past year the S&P 500 is up 22.68% while MOMO has fallen -37.14%. MOMO earned $1.39 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.83.
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