37.70 +0.18 (0.48%)
After hours: 7:52PM EDT
|Bid||37.53 x 1400|
|Ask||37.60 x 3000|
|Day's Range||35.82 - 37.60|
|52 Week Range||22.85 - 54.24|
|Beta (3Y Monthly)||2.08|
|PE Ratio (TTM)||18.39|
|Earnings Date||May 27, 2019 - May 31, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||41.92|
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The fourth quarter of 2018 is one of those periods, as the Russell […]
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There are two ways to view Huya's (NYSE:HUYA) recent stock performance. On the one hand, if you bought HUYA stock last summer, things are still looking rather sour (Huya's stock is down near-50% from its 2018 high).Source: Shutterstock On the other hand, if you bought at the beginning of the year when the market was at peak pessimism, you are already up a cool 74% year-to-date.What explains Huya's incredible volatility? And can the stock's exhilarating gains continue? Let's take a closer look at the business and what makes HUYA stock stand out compared to its Chinese streaming video peers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Huya's Mission: Connecting GamersA lot of people like to trade Chinese stocks based on momentum, social media gossip, and other such transitory factors. But it can be helpful to take a closer look at the underlying business associated with the ticker symbol. What makes Huya's business unique? Earlier this month, Huya CEO Rongjie Dong participated in the company's first U.S. media event since last year's IPO. Dong described how Huya found its core business:"When League of Legends was all the rage back in 2013 and 2014, users wanted to know why some users excelled and some did not. We spotted the rise in demand by then and developed a business model with which users can watch game streamers play and communicate with them."When asked about the company's sustainable competitive advantage, Dong replied that:"The two important indicators for the competitiveness of content companies are firstly, consistently outputting good contents and secondly, constantly producing more and more good content. The point is how to attract and retain the creators who produce high-quality content to stay on our platform instead of other platforms."As we've seen with Youtube (NASDAQ:GOOG, NASDAQ:GOOGL) and other streaming platforms, the owners can lose a ton of goodwill if they don't treat their content creators well. * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Considering the hugely competitive landscape in China, much more so than the U.S., it's important the Huya is focused here. Additionally, Huya has spent heavily on infrastructure so its live streams of gaming matches arrive faster than the competitions'. Huya's Remarkable GrowthAmerican investors have taken a liking to Chinese streaming video plays. Momo (NASDAQ:MOMO), IQIYI (NASDAQ:IQ), Huya and others have all been hot stocks over the past year.Of those three, however, Huya has been leading the way. Over the past six months, HUYA stock has posted a 14% gain, compared to 15% and 18% losses for Momo and IQIYI, respectively. Year to date, HUYA stock is leading the way, up 74%. MOMO stock is up 58% and IQ stock is up 53%. All have been fine performers, but Huya has been the winner.To understand why, look at revenue growth. Huya managed an absurdly good 103% revenue growth rate last quarter. Momo and IQIYI were no slouches, either, with 50% and 45% revenue growth for their quarters. But Huya is operating on a different level entirely. It's also worth considering that Huya is delivering huge ARPU growth, as its user base was up around 40% yet it managed to more than double revenues.A big part of that came because Huya has been able to convert free users to premium paying members. Huya's premium base grew more than 70% to almost 5 million users. As we've seen with Spotify (NYSE:SPOT), it's pivotal for these sorts of services to be able to up-sell free ad-driven users to subscription recurring revenues if you want to deliver consistent profits. Huya's Economics: Pretty GoodStreaming audio and video companies have notoriously struggled to make money. Even the undisputed global champion, Netflix (NASDAQ:NFLX), took many years to become consistently profitable and still trades at a sky-high P/E ratio. Investors in this space are willing to grant companies a lot of time to build out their user base before turning on the profit spigot.That's what makes HUYA stock even more impressive. Huya is still in its early years. Just look at that 103% revenue growth rate if you need further evidence of the untapped potential still in play in here. Despite that, Huya is already turning out decent positive EPS. Last quarter alone, it earned 11 cents per share.That was way ahead of the Street's 5 cent estimate. Momo, it's worth noting, is also quite profitable. However, it's much larger and more mature overall. Huya, by contrast, seemingly has a higher growth ceiling. IQIYI, for what it's worth, has higher content costs and, as a result, is not expected to become profitable anytime soon. HUYA Stock VerdictHUYA stock got dumped during the rush out of any and all Chinese equities late last year. Even businesses such as the streaming video players, which have nothing to do with international trade, got dragged down by the tariff wars. Investors have woken up to the growth in these names, however, and powered the sector right back up to start 2019.This makes it tough to offer a straight buy or sell call. I hate chasing momentum trades after they've already made huge moves. That said, Huya's business is absolutely booming.All signs point to HUYA stock trading higher by the end of the year. However, the stock is up 74% in three months. HUYA stock looks great on fundamentals, but wait for some sort of dip or correction to get in. * 7 Dividend Stocks With Double-Digit Increases Or, alternatively, consider selling puts on HUYA stock to either earn income or get a long position established at a better price.At the time of this writing, Ian Bezek held no positions in any of the aforementioned securities. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 4 Pot Stocks That Could Be Fizzling Out * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Compare Brokers The post Red-Hot Huya Stock Is a Buy … on Every Dip appeared first on InvestorPlace.
A pair of popular Chinese live-streaming platforms are among this year's biggest winners, but one offers more compelling risk and valuation advantages over the other.
Attractive stocks have exceptional fundamentals. In the case of Momo Inc. (NASDAQ:MOMO), there's is a financially-robust company with a strong history and an optimistic growth outlook. In the following section,Read More...
Momo (NASDAQ:MOMO) stock popped on Tuesday, after the Chinese social-networking giant reported fourth-quarter numbers which easily topped expectations.Source: Shutterstock MOMO also delivered far-above-consensus first-quarter revenue guidance. Investors celebrated the strong numbers, and MOMO stock jumped more than 10% in response to the news. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% In the big picture, there were a lot of positives in Momo's Q4 numbers beyond the headline beats. Revenue growth, user growth, and paying-user-growth trends all remain healthy. Margin trends are improving. MOMO is increasingly shifting away from volatile, virtual-gift revenue, and towards much more predictable subscription revenue. The company's profits continue to soar.InvestorPlace - Stock Market News, Stock Advice & Trading TipsDespite all those positive developments, MOMO stock remains dirt cheap. Following the company's Q4 results, next year's consensus earnings-per-share estimate will likely rise to around $3. Thus, even at $36, MOMO stock still trades at just 12 times its forward earnings. A forward multiple of 12 is just too cheap for a company whose revenues are growing at a 50%-plus rate, with a top-line outlook that is becoming clearer, and margins that are turning the corner.As a result, this rally of MOMO stock isn't over yet. MOMO's fundamentals indicate that MOMO stock could reach $50 in 2019. The stock's technicals support a similar rally, meaning that no matter which way you look at it, it's worth buying MOMO stock in the midst of its rally. All of MOMO's Trends Are GoodIn the big picture, all the trends that affect MOMO stock are healthy. Consider the following: * In Q4, MOMO's revenue growth again exceeded o50%. * Monthly active user growth slowed to 14%, but, with over 100 million MAUs, Momo is one of the most used social-networking apps in China, and its user base is still growing at a double-digit percentage rate. * Paying user growth remained huge in Q4, and Momo has a tremendous opportunity to monetize more of its users, as only 11% of its MAUs are paying users. * Average revenue per paying user is going up, and the company's subscription-based live video revenues, which rose 36% YoY, now comprise over 75% of its total revenues. Virtual gift-related revenue represented just 19% of its revenue in Q4. * Its margins dropped, but by less than last quarter. Management is also implying that its margins will reach a positive turning point next year as certain one-time investments phase out. * The macroeconomic fundamentals of China are improving, and its internet penetration rates are significantly below-average.Overall, all the trends are moving in the right direction for Momo. This is a hyper-growth company with a huge user base, increasing revenue visibility, and margin improvement potential in a digital economy that is still rapidly expanding. Those fundamentals imply that MOMO will grow rapidly for a long time , making MOMO stock look way too cheap at its current levels. Upside To $50 Looks LikelyFrom multiple vantage points, MOMO stock has a good chance to reach $50 in 2019.When it comes to fundamentals, the company's long-term earnings growth potential indicates that MOMO can reach $50 in 2019. Momo has clearly established itself as a social-networking site with staying power and increasing relevance in China's still-expanding digital economy. As that digital economy expands over the next several years, and as MOMO converts more MAUs into paying users, its revenue will continue to trend significantly higher, likely at a 15%-20% annualized rate.Meanwhile, its operating margins will likely stabilize this year, and slightly improve thereafter as the company expands. As a result, Momo's EPS could trend towards $5 by fiscal 2025. Based on a forward price-earnings multiple of 16, which is average for the market, that equates to a fiscal 2024 price target for MOMO stock of $80. Discounted back by 10% per year, that equates to a fiscal 2019 price target of just under $50.On the technical side, MOMO stock has established a well-defined level of support in the lower $20's, and a well-defined level of resistance in the mid-to-upper $40's. Put simply, the stock has bounced between those two levels multiple times over the past two-plus years. MOMO stock is currently bouncing off its lower-$20's support level. If history repeats itself, this rally could reach the mid-to-upper $40's, or even the lower $50's. The Bottom Line on MOMO StockLargely due to the lack of certainty of its top-line outlook, declining margins, and macroeconomic headwinds, MOMO stock sank to deeply undervalued levels in late 2018. Now, the stock is bouncing back. Revenue visibility is improving. Margins are showing signs of improving. Macroeconomic headwinds are easing.As long as these trends remain favorable (and they should do so for the remainder of 2019), then MOMO stock will continue to rally strongly. It's simply too cheap, considering the company's long-term growth potential.As of this writing, Luke Lango was long MOMO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post Strong Q4 Numbers Put Momo Stock on a Path to $50 appeared first on InvestorPlace.
Momo (MOMO) fourth-quarter 2018 results benefit from expanding user base and stellar performance of Tantan Limited but increasing expenses hurt.
China's social video speedster surpassed its earlier guidance, but called for sharply decelerating revenue growth in the current quarter.
Stocks continued their recent momentum from Monday, again rallying higher on Tuesday. Companies like Boeing (NYSE:BA) remain on shaky ground, while plenty of other big movers drew our attention. Let's look at some top stock trades for Wednesday. Top Stock Trades for Tomorrow 1: Stitch FixShares of Stitch Fix (NASDAQ:SFIX) are ripping on Tuesday, up more than 25% after better-than-expected earnings. It's hard to be disappointed with a move like that, but given how far off its highs this one finished and it does cause some concern.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dark Horse Stocks That Deserve Your Attention in 2019 There's a big short interest in this one, so it's totally possible it starts to scream higher on Wednesday. If it loses Tuesday's lows though, a drop down to $32 is likely. Over this $34.50-ish area -- which has been notable but is also the 50% retracement mark for the 52-week range -- and SFIX could retest Tuesday's high.Above it and a short-squeeze could fuel it higher to fill that gap up near $44. Top Stock Trades for Tomorrow 2: MomoUp more than 12% on Tuesday post-earnings and Momo (NASDAQ:MOMO) is no slouch either. However, like SFIX we could have seen a stronger finish to the day.MOMO couldn't stay above its 200-day moving average, but on the plus side, it's over the $34 to $35 range, a key area over the past year. Plus, it hurdled its 38.2% Fibonacci retracement level near $34.25. If it can continue higher, look for Momo to clear the 200-day and perhaps challenge $40.On the downside, look to see that $34 to $35 holds as support. Top Stock Trades for Tomorrow 3: Coupa SoftwareThis one has had some strange moves lately, with Coupa Software (NASDAQ:COUP) closing off the lows but ultimately lower by 3% on the day. Its earnings weren't able to break it out of the recent range, between $89 to $97. A close outside of this range likely creates a momentum trade in that direction.Meaning, a close below range support sends it lower and a close above could cause a breakout. Let's wait until we have a more definitive direction rather than guess on which way it will go. Top Stock Trades for Tomorrow 4: Dick's Sporting GoodsDick's Sporting Goods (NYSE:DKS) is crumbling on Tuesday, down 11% after disappointing investors with its earnings report.While the 50-week moving average is stepping up as support (not shown on the daily chart above) at $34.58, this one is looking kind of ugly right here. The stock knifed right through all of its major daily moving averages and could have more downside left if the stock doesn't maintain Tuesday's lows. If the 61.8% Fibonacci doesn't supports the stock near $34, this one could sink to $32.50.On a rally, look to see whether DKS can push through its moving averages or if this level acts as resistance. For now, more downside is the risk. Top Stock Trades for Tomorrow 5: VisaMaking new 52-week highs on the day is Visa (NYSE:V). This silent winner was able to push over a key level at $150. Now bulls have to make sure it stays above this mark. A dip and hold to $150 is a great buying opportunity in this sense. * The 10 Best Stocks to Buy for the Bull Market's Anniversary Below this mark and uptrend support and/or the 21-day moving average becomes the next buy-the-dip spot. If it fails, $142 to $144 is likely. Just remember to keep it simple.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long V. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post 5 Top Stock Trades for Wednesday: SFIX, COUP, MOMO, DKS appeared first on InvestorPlace.
Momo stock was on the rise Tuesday following the release of its earnings report for the fourth quarter of 2018.Source: Shutterstock Momo (NASDAQ:MOMO) reported earnings per share of 59 cents for the fourth quarter of the year. This is an increase over the company's earnings per share of 53 cents from the same time last year. It was also good news for MOMO stock by beating out Wall Street's earnings per share estimate of 52 cents for the quarter.Net income reported by Momo during its earnings report for the fourth quarter of 2018 comes in at $94.02 million. This is a slight increase over the company's net income from the fourth quarter of 2017.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Momo earnings report for the fourth quarter of the year also includes operating income of $114.84 million. This represents a roughly 12% increase over the company's operating income in the same period of the year prior.Revenue reported by Momo for the fourth quarter of 2018 was $559.07 million. This is up from the company's revenue of $386.40 million reported in the fourth quarter of the previous year. It was also a boon to MOMO stock by coming in above analysts' revenue estimate of $532.82 million for the period. * The 10 Best Stocks to Buy for the Bull Market's Anniversary Momo also provides its outlook for the first quarter of 2019 in its most recent earnings report. It is expecting revenue for the quarter to range from RMB3.55 billion to RMB3.65 billion. The company says that it isn't providing its outlook in USD terms due to recent volatility and uncertainty in foreign exchange rates.MOMO stock was up 11% as of Tuesday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Momo Stock Surges on Q4 Earnings Beat appeared first on InvestorPlace.
BEIJING , March 12, 2019 /PRNewswire/ -- Momo Inc. (NASDAQ: MOMO) ("Momo" or the "Company"), a leading mobile social networking platform in China , today announced its unaudited financial ...
Momo's (MOMO) fourth-quarter 2018 results are expected to benefit from its expanding user base and robust growth of Tantan Limited. However, decelerating live-video business is a concern.
Coupa Software (COUP) benefits from expanding customer base. Further, rising adoption of the company's platform is driving subscription services revenues and gross margin.
Upland Software's (UPLD) fourth-quarter 2018 results are expected to benefit from solid adoption of the UplandOne operating platform and recurring revenue growth.
Marvell's (MRVL) fiscal Q4 results are likely to benefit from strong performance in the networking segment. However, the storage business is likely to be under pressure due to several headwinds.
Expanding customer base, strengthening end-market performance and well-performing thermal segment are likely to benefit inTest's (INTT) fourth-quarter results.