Is It Worthwhile For Investors To Follow These Insider Trades On Hello Group Inc. (MOMO)?

Hello Group Inc. (NASDAQ:MOMO) finished Wednesday with an addition of $0.21 to close at $12.35, an upside of 1.73 percent. An average of 3,007,540 shares of common stock have been traded in the last five days. There was a gain of $1.89 in the past week. The last 20 days have seen an average of 2,700,030 shares traded, while the 50-day average volume stands at 2,542,302.

MOMO stock has increased by 2.92% in the last month. The company shares reached their 1-month lowest point of $10.05 on 10/06/21. With the stock rallying to its 52-week high on 02/16/21, shares of the company touched a low of $10.05 and a high of $20.14 in 52 weeks. In spite of this, the price is down -38.68% from the 52-week high.


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Valuation Metrics

Hello Group Inc. (MOMO) has a trailing price-to-earnings (P/E) ratio of 8.80, which compares with the 30.20 for the broader industry and 30.41 for the sector. In the last five years, Hello Group Inc.’s PE ratio has ranged between 73.91 and 7.186. The stock’s beta is 1.60. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.09, the price-to-book (PB) ratio at 1.09, and the price-to-cash flow ratio at 8.09.

The company’s most recent quarterly dividend payment was $0.62 a share, representing a down of -22.58 from $0.76 last year.

The quick ratio of Hello Group Inc. for the three months ended June 29 was 4.50, and the current ratio was 4.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.31 and a total debt to equity ratio of 0.31 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 45.10% against a 5-year average of 50.1%. Hello Group Inc.’s EBITDA margin for the year ending June 29 is 17.76%, while its operating margin for the same period stands at 15.60%. Its gross profit as reported stood at $1.08 billion compared to revenue of $2.3 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Hello Group Inc.’s return on assets was 8.80%, compared to 19.4% over the last five years. In the past year, the return on investment has been 9.10%, and the 5-year average is 21.1%. Meanwhile, the return on equity (ROE) for the past 12 months has been 13.90% and the 5-year average holds at 27.1%. For the broader industry, ROE averaged 7.41 over the past year.

Earnings Surprise

The analyst consensus anticipated Hello Group Inc.’s latest quarter earnings to come in at $0.34 per share, but it turned out to be $0.39, a 14.70% surprise. For the quarter, EBITDA amounted to $118.28 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Hello Group Inc. (MOMO) price momentum. RSI 9-day as of the close on 13 October was 71.36%, suggesting the stock is Overbought, with historical volatility in this time frame at 45.55%.

As of today, MOMO’s price is $11.75 +18.07% or $1.89 from its 5-day moving average. MOMO is currently trading +4.22% higher than its 20-day SMA and -11.09% lower than its 100-day SMA. However, the stock’s current price level is -2.60% below the SMA50 and -5.00% below the SMA200.

The stochastic %K and %D were 97.40% and 91.72%, respectively, and the average true range (ATR) was 0.49. With the 14-day stochastic at 97.87% and the average true range at 0.49, the RSI (14) stands at 61.65%. The stock has reached 1.02 on the 9-day MACD Oscillator while the 14-day reading was at 1.18.

Analyst Ratings

Morgan Stanley upgraded Hello Group Inc. (NASDAQ: MOMO) to a an Equal-weight rating in its most recent analyst report. Previously, the stock was rated as a an Underweight.The consensus rating for Hello Group Inc. (MOMO) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell MOMO, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 12 others rate it as a “buy”.

What is MOMO’s price target for the next 12 months?

Analysts predict a range of price targets between $83.98 and $188.04, with a median target of $102.74. Taking a look at these predictions, the average price target given by analysts for Hello Group Inc. (MOMO) stock is $108.71.

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