Hello Group Q4 2024 Earnings Preview
Seeking Alpha News (Tue, 11-Mar 12:45 PM ET)
Hello Group to Report Fourth Quarter and Fiscal Year 2024 Results on March 12, 2025
PRNewswire (Tue, 18-Feb 6:00 AM ET)
Hello Group Inc provides mobile-based social networking services. It enables users to establish and expand social relationships based on location and interests. Its platform includes the Momo mobile application and a variety of related features, functionalities, tools, and services that it provides to users, customers, and platform partners. The company derives its revenue from live video services, value-added services, mobile marketing services, mobile games, and other services. It operates in three segments: Momo's service lines, Tantan's service lines, and QOOL's service lines out of which Momo's service lines segment derives the majority of revenue.
Hello Group - American Depositary Shares trades on the NASDAQ stock market under the symbol MOMO.
As of March 11, 2025, MOMO stock price climbed to $7.35 with 630,937 million shares trading.
MOMO has a beta of 0.50, meaning it tends to be less sensitive to market movements. MOMO has a correlation of 0.02 to the broad based SPY ETF.
MOMO has a market cap of $1.27 billion. This is considered a Small Cap stock.
Last quarter Hello Group - American Depositary Shares reported $381 million in Revenue and $.38 earnings per share. This beat revenue expectation by $15 million and exceeded earnings estimates by $.11.
In the last 3 years, MOMO traded as high as $11.54 and as low as $4.10.
The top ETF exchange traded funds that MOMO belongs to (by Net Assets): VXUS, VWO, IEMG, AVEM, KOMP.
MOMO has outperformed the market in the last year with a price return of +15.5% while the SPY ETF gained +10.8%. MOMO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning -2.9% and -6.0%, respectively, while the SPY returned -6.8% and -6.2%, respectively.
MOMO support price is $7.11 and resistance is $7.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MOMO shares will trade within this expected range on the day.