Hello Group Inc.’s third-quarter FY22 net revenue fell -14% year-on-year to $454.5 million,but surpassed the consensus of $445.8 million (according to Benzinga report).
Revenues from the Live video service plunged -23.5% year-over-year to $233.0 million. Total value-added service was up +0.3% y/y to $216.2 million, while Mobile marketing revenue decreased -34.8% Y/Y to $4.0 million. Mobile games segment revenue, at $1.1 million, was lower by -4.1% y/y.
Non-GAAP net income per ADS came in at $0.37 beat the consensus of $0.30.
Monthly Active Users (MAU) on the Momo application were 108.8 million in September 2022, down from 115.5 million in September 2021. Total paying users of its Momo app was 8.4 million in Q3 FY22, vs. 9.3 million in Q3 FY21.
For Q4, Hello is expecting a revenue decrease of -11.5% to -14.3% Y/Y (i.e. implying $460.5 million - $475.1 million of revenue-- above analysts’ expectations of $454.3 million, according to a Benzinga report).
MOMO moved below its 50-day moving average on November 11, 2024 date and that indicates a change from an upward trend to a downward trend. In of 47 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on November 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MOMO as a result. In of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for MOMO turned negative on November 08, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MOMO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The 10-day moving average for MOMO crossed bullishly above the 50-day moving average on October 29, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MOMO advanced for three days, in of 262 cases, the price rose further within the following month. The odds of a continued upward trend are .
MOMO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 166 cases where MOMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.726) is normal, around the industry mean (10.901). P/E Ratio (4.702) is within average values for comparable stocks, (50.708). Projected Growth (PEG Ratio) (0.920) is also within normal values, averaging (3.441). Dividend Yield (0.000) settles around the average of (0.026) among similar stocks. P/S Ratio (0.743) is also within normal values, averaging (19.253).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MOMO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MOMO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a holding company, which through its subsidiaries operates a mobile-based social networking platform
Industry InternetSoftwareServices