Market Resilience: MongoDB Inc (MDB) Finishes Weak at 250.51, Down -3.69

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

MongoDB Inc (NASDAQ: MDB) closed the day trading at $250.51 down -3.69% from the previous closing price of $260.10. In other words, the price has decreased by -$3.69 from its previous closing price. On the day, 2.01 million shares were traded. MDB stock price reached its highest trading level at $259.9 during the session, while it also had its lowest trading level at $246.51.

Ratios:

For a better understanding of MDB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 146.57. For the most recent quarter (mrq), Quick Ratio is recorded 4.76 and its Current Ratio is at 4.76. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.95.

On April 23, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $415.

Redburn Atlantic Downgraded its Neutral to Sell on March 19, 2024, whereas the target price for the stock was revised from $410 to $295.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 02 ’24 when MERRIMAN DWIGHT A sold 4,000 shares for $265.29 per share. The transaction valued at 1,061,160 led to the insider holds 1,142,006 shares of the business.

Ittycheria Dev sold 3,025 shares of MDB for $802,502 on Jul 02 ’24. The President & CEO now owns 223,048 shares after completing the transaction at $265.29 per share. On Jul 02 ’24, another insider, Gordon Michael Lawrence, who serves as the COO and CFO of the company, sold 1,569 shares for $265.29 each. As a result, the insider received 416,240 and left with 81,942 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 19078516736 and an Enterprise Value of 17525106688. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.41 while its Price-to-Book (P/B) ratio in mrq is 14.48. Its current Enterprise Value per Revenue stands at 9.928 whereas that against EBITDA is -73.02.

Stock Price History:

The Beta on a monthly basis for MDB is 1.13, which has changed by -0.3594405 over the last 52 weeks, in comparison to a change of 0.24704397 over the same period for the S&P500. Over the past 52 weeks, MDB has reached a high of $509.62, while it has fallen to a 52-week low of $214.74. The 50-Day Moving Average of the stock is -15.94%, while the 200-Day Moving Average is calculated to be -31.12%.

Shares Statistics:

Over the past 3-months, MDB traded about 1.67M shares per day on average, while over the past 10 days, MDB traded about 1848520 shares per day. A total of 72.74M shares are outstanding, with a floating share count of 70.77M. Insiders hold about 3.51% of the company’s shares, while institutions hold 90.10% stake in the company. Shares short for MDB as of 1718323200 were 4669651 with a Short Ratio of 2.80, compared to 1715731200 on 4235242. Therefore, it implies a Short% of Shares Outstanding of 4669651 and a Short% of Float of 6.5799996.

Earnings Estimates

The current market rating for MongoDB Inc (MDB) reflects the collective analysis of 25.0 analysts closely monitoring its performance.On average, analysts expect EPS of $0.49 for the current quarter, with a high estimate of $0.74 and a low estimate of $0.46, while EPS last year was $0.93. The consensus estimate for the next quarter is $0.59, with high estimates of $0.85 and low estimates of $0.48.

Analysts are recommending an EPS of between $2.41 and $2.19 for the fiscal current year, implying an average EPS of $2.26. EPS for the following year is $3.06, with 27.0 analysts recommending between $5.85 and $2.46.

Revenue Estimates

For the next quarter, 25 analysts are estimating revenue of $479.27M. There is a high estimate of $513.65M for the next quarter, whereas the lowest estimate is $471.4M.

A total of 28 analysts have provided revenue estimates for MDB’s current fiscal year. The highest revenue estimate was $1.99B, while the lowest revenue estimate was $1.89B, resulting in an average revenue estimate of $1.9B. In the same quarter a year ago, actual revenue was $1.68BBased on 28 analysts’ estimates, the company’s revenue will be $2.23B in the next fiscal year. The high estimate is $2.44B and the low estimate is $2.12B.

Most Popular