Market Recap Check: Monday.Com Ltd (MNDY)’s Negative Finish at 259.36, Up/Down -1.08

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The price of Monday.Com Ltd (NASDAQ: MNDY) closed at $259.36 in the last session, down -1.08% from day before closing price of $262.18. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 0.83 million shares were traded. MNDY stock price reached its highest trading level at $264.0 during the session, while it also had its lowest trading level at $256.14.

Ratios:

We take a closer look at MNDY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.82. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.63. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.

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 this company, Robert W. Baird on July 23, 2024, initiated with a Neutral rating and assigned the stock a target price of $250.

On July 09, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $300.

On June 26, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $275.Barclays initiated its Overweight rating on June 26, 2024, with a $275 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 01 ’24 when Mann Roy bought 60,000 shares for $229.81 per share.

Nawi Shiran bought 2,000 shares of MNDY for $459,620 on Aug 01 ’24. On Aug 01 ’24, another insider, Lereya Daniel, who serves as the Officer of the company, bought 13,500 shares for $229.81 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNDY now has a Market Capitalization of 12931377152 and an Enterprise Value of 11697978368. As of this moment, Monday.Com’s Price-to-Earnings (P/E) ratio for their current fiscal year is 326.32, and their Forward P/E ratio for the next fiscal year is 77.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.28 while its Price-to-Book (P/B) ratio in mrq is 13.94. Its current Enterprise Value per Revenue stands at 13.847 whereas that against EBITDA is 13173.399.

Stock Price History:

Over the past 52 weeks, MNDY has reached a high of $265.97, while it has fallen to a 52-week low of $122.13. The 50-Day Moving Average of the stock is 13.23%, while the 200-Day Moving Average is calculated to be 26.71%.

Shares Statistics:

According to the various share statistics, MNDY traded on average about 786.26K shares per day over the past 3-months and 1003730 shares per day over the past 10 days. A total of 48.92M shares are outstanding, with a floating share count of 37.17M. Insiders hold about 25.33% of the company’s shares, while institutions hold 70.13% stake in the company. Shares short for MNDY as of 1722384000 were 2293216 with a Short Ratio of 2.92, compared to 1719532800 on 2475527. Therefore, it implies a Short% of Shares Outstanding of 2293216 and a Short% of Float of 5.510000000000001.

Earnings Estimates

A detailed examination of Monday.Com Ltd (MNDY) is currently in progress, with 20.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.63, with high estimates of $0.8 and low estimates of $0.53.

Analysts are recommending an EPS of between $3.11 and $2.46 for the fiscal current year, implying an average EPS of $2.82. EPS for the following year is $3.31, with 21.0 analysts recommending between $4.23 and $2.75.

Revenue Estimates

According to 20 analysts, the current quarter’s revenue is expected to be $245.96M. It ranges from a high estimate of $249.5M to a low estimate of $242.54M. As of the current estimate, Monday.Com Ltd’s year-ago sales were $189.19MFor the next quarter, 20 analysts are estimating revenue of $260.65M. There is a high estimate of $265.93M for the next quarter, whereas the lowest estimate is $257.54M.

A total of 21 analysts have provided revenue estimates for MNDY’s current fiscal year. The highest revenue estimate was $968.45M, while the lowest revenue estimate was $945M, resulting in an average revenue estimate of $959.51M. In the same quarter a year ago, actual revenue was $729.7MBased on 21 analysts’ estimates, the company’s revenue will be $1.22B in the next fiscal year. The high estimate is $1.28B and the low estimate is $1.18B.

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