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

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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.


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.

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