Hello Group Inc. [MOMO] Revenue clocked in at $2.13 billion, down -43.51% YTD: What’s Next?


Hello Group Inc. [NASDAQ: MOMO] price plunged by -4.87 percent to reach at -$0.23. The company report on June 22, 2022 that Hello Group Inc. Announces Repurchase of Convertible Notes.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now. .


Hello Group Inc. (NASDAQ: MOMO) (“Hello Group” or the “Company”), a leading mobile social and entertainment platform in China, today announced that it has conducted separate, privately negotiated transactions with certain holders of its existing 1.25% convertible senior notes due 2025 (the “2025 Notes”) to repurchase US$161.8 million aggregate principal amount of the 2025 Notes for an aggregate repurchase price of (i) approximately US$151.6 million plus (ii) accrued and unpaid interest. Following these repurchases, US$544.0 million aggregate principal amount of the Company’s 2025 Notes remains outstanding.

This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction,.

A sum of 2614351 shares traded at recent session while its average daily volume was at 3.48M shares. Hello Group Inc. shares reached a high of $4.71 and dropped to a low of $4.43 until finishing in the latest session at $4.49.

The one-year MOMO stock forecast points to a potential upside of 58.15. The average equity rating for MOMO stock is currently 2.30, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Hello Group Inc. [MOMO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MOMO shares is $10.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MOMO stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Hello Group Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 14, 2022. While these analysts kept the previous recommendation, Citigroup dropped their target price from $18 to $13.60. The new note on the price target was released on December 01, 2021, representing the official price target for Hello Group Inc. stock. Previously, the target price had yet another raise to $13, while Morgan Stanley analysts kept a Equal-Weight rating on MOMO stock.

The Average True Range (ATR) for Hello Group Inc. is set at 0.34, with the Price to Sales ratio for MOMO stock in the period of the last 12 months amounting to 0.42. The Price to Book ratio for the last quarter was 0.58, with the Price to Cash per share for the same quarter was set at 5.78. Price to Free Cash Flow for MOMO in the course of the last twelve months was 5.98 with Quick ratio for the last quarter at 2.90.

MOMO Stock Performance Analysis:

Hello Group Inc. [MOMO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.48. With this latest performance, MOMO shares dropped by -11.09% in over the last four-week period, additionally sinking by -46.66% over the last 6 months – not to mention a drop of -62.70% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MOMO stock in for the last two-week period is set at 36.82, with the RSI for the last a single of trading hit 30.56, and the three-weeks RSI is set at 40.12 for Hello Group Inc. [MOMO]. The present Moving Average for the last 50 days of trading for this stock 5.23, while it was recorded at 4.76 for the last single week of trading, and 8.36 for the last 200 days.

Insight into Hello Group Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Hello Group Inc. [MOMO] shares currently have an operating margin of +12.57 and a Gross Margin at +41.80. Hello Group Inc.’s Net Margin is presently recorded at -19.99.

Return on Equity for this stock declined to -23.30, with Return on Assets sitting at -14.14.

Hello Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.90 and a Current Ratio set at 2.90.


The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MOMO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hello Group Inc. go to -0.20%.

Hello Group Inc. [MOMO] Insider Position Details

There are presently around $487 million, or 74.00% of MOMO stock, in the hands of institutional investors. The top three institutional holders of MOMO stocks are: BLACKROCK INC. with ownership of 10,989,045, which is approximately 25.677% of the company’s market cap and around 3.16% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 10,199,498 shares of the stock with an approximate value of $48.14 million in MOMO stocks shares; and INVESCO LTD., currently with $47.23 million in MOMO stock with ownership of nearly 0.028% of the company’s market capitalization.

Positions in Hello Group Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 91 institutional holders increased their position in Hello Group Inc. [NASDAQ:MOMO] by around 16,636,382 shares. Additionally, 96 investors decreased positions by around 14,070,447 shares, while 28 investors held positions by with 72,551,038 shares. The mentioned changes placed institutional holdings at 103,257,867 shares, according to the latest SEC report filing. MOMO stock had 28 new institutional investments in for a total of 1,125,954 shares, while 44 institutional investors sold positions of 5,286,032 shares during the same period.