The closing price of MongoDB Inc (NASDAQ: MDB) was $359.07 for the day, up 1.49% from the previous closing price of $353.80. In other words, the price has increased by $+5.27 from its previous closing price. On the day, 957304 shares were traded.
Ratios:
Our analysis of MDB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 226.33. For the most recent quarter (mrq), Quick Ratio is recorded 4.24 and its Current Ratio is at 4.24. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.13.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Redburn Atlantic on March 19, 2024, Downgraded its rating to Sell and sets its target price to $295 from $410 previously.
On March 08, 2024, DA Davidson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $405 to $430.
UBS Downgraded its Buy to Neutral on January 04, 2024, whereas the target price for the stock was revised from $475 to $410.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 13 ’24 when BOTHA ROELOF sold 27,000 shares for $372.08 per share. The transaction valued at 10,046,210 led to the insider holds 217,513 shares of the business.
MERRIMAN DWIGHT A sold 6,000 shares of MDB for $2,592,885 on Mar 04 ’24. The Director now owns 1,160,784 shares after completing the transaction at $432.15 per share. On Mar 01 ’24, another insider, Ittycheria Dev, who serves as the President & CEO of the company, sold 33,000 shares for $438.74 each. As a result, the insider received 14,478,288 and left with 198,166 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDB now has a Market Capitalization of 26.15B and an Enterprise Value of 25.32B. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.52 while its Price-to-Book (P/B) ratio in mrq is 24.43. Its current Enterprise Value per Revenue stands at 15.04 whereas that against EBITDA is -207.53.
Stock Price History:
Over the past 52 weeks, MDB has reached a high of $509.62, while it has fallen to a 52-week low of $198.72. The 50-Day Moving Average of the stock is 418.39, while the 200-Day Moving Average is calculated to be 389.55.
Shares Statistics:
MDB traded an average of 1.41M shares per day over the past three months and 2.27M shares per day over the past ten days. A total of 72.74M shares are outstanding, with a floating share count of 70.06M. Insiders hold about 3.69% of the company’s shares, while institutions hold 89.46% stake in the company. Shares short for MDB as of Feb 29, 2024 were 3.1M with a Short Ratio of 2.19, compared to 3.46M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.26% and a Short% of Float of 4.95%.
Earnings Estimates
The firm’s stock currently is rated by 25 analysts. On average, analysts expect EPS of $0.4 for the current quarter, with a high estimate of $0.83 and a low estimate of $0.34, while EPS last year was $0.56. The consensus estimate for the next quarter is $0.58, with high estimates of $0.78 and low estimates of $0.37.
Analysts are recommending an EPS of between $4.41 and $2.29 for the fiscal current year, implying an average EPS of $2.5. EPS for the following year is $3.5, with 29 analysts recommending between $7.95 and $2.83.
Revenue Estimates
A total of 29 analysts have provided revenue estimates for MDB’s current fiscal year. The highest revenue estimate was $2.07B, while the lowest revenue estimate was $1.91B, resulting in an average revenue estimate of $1.94B. In the same quarter a year ago, actual revenue was $1.68B, up 15.10% from the average estimate. Based on 29 analysts’ estimates, the company’s revenue will be $2.33B in the next fiscal year. The high estimate is $2.58B and the low estimate is $2.19B. The average revenue growth estimate for next year is up 20.50% from the average revenue estimate for this year.
