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Navigating 4 Analyst Ratings For Hello Gr

Author: Benzinga Insights | June 03, 2024 10:00am

Across the recent three months, 4 analysts have shared their insights on Hello Gr (NASDAQ:MOMO), expressing a variety of opinions spanning from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 0 2 0 0
Last 30D 0 0 1 0 0
1M Ago 1 0 1 0 0
2M Ago 0 0 0 0 0
3M Ago 1 0 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $10.68, a high estimate of $16.00, and a low estimate of $5.70. A 25.57% drop is evident in the current average compared to the previous average price target of $14.35.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

The perception of Hello Gr by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Daniel Chen JP Morgan Lowers Neutral $6.00 $13.00
Fawne Jiang Benchmark Lowers Buy $15.00 $16.00
Hillman Chan Citigroup Lowers Neutral $5.70 $6.40
Fawne Jiang Benchmark Lowers Buy $16.00 $22.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Hello Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Hello Gr compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Hello Gr's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Hello Gr's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Hello Gr analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

About Hello Gr

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.

Financial Milestones: Hello Gr's Journey

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Negative Revenue Trend: Examining Hello Gr's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -9.17% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.

Net Margin: Hello Gr's net margin excels beyond industry benchmarks, reaching 0.2%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Hello Gr's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.05%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Hello Gr's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.03% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Hello Gr's debt-to-equity ratio is below the industry average at 0.33, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Basics of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: MOMO