The price of Monday.Com Ltd (NASDAQ: MNDY) closed at $199.91 in the last session, down -7.34% from day before closing price of $215.75. In other words, the price has decreased by -$15.84 from its previous closing price. On the day, 1859482 shares were traded.
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 8.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.45. For the most recent quarter (mrq), Quick Ratio is recorded 2.82 and its Current Ratio is at 2.82. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, Citigroup on Apr-11-24, Downgraded its rating to Neutral and sets its target price to $250 from $277 previously.
On April 09, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $260.
On March 21, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $275.KeyBanc Capital Markets initiated its Overweight rating on March 21, 2024, with a $275 target price.
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 10.56B and an Enterprise Value of 9.50B. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.40 while its Price-to-Book (P/B) ratio in mrq is 12.02. Its current Enterprise Value per Revenue stands at 13.02 whereas that against EBITDA is 769.32.
Stock Price History:
Over the past 52 weeks, MNDY has reached a high of $239.22, while it has fallen to a 52-week low of $108.35. The 50-Day Moving Average of the stock is 219.82, while the 200-Day Moving Average is calculated to be 180.99.
Shares Statistics:
According to the various share statistics, MNDY traded on average about 807.89K shares per day over the past 3-months and 509.13k shares per day over the past 10 days. A total of 48.92M shares are outstanding, with a floating share count of 32.75M. Insiders hold about 33.06% of the company’s shares, while institutions hold 61.50% stake in the company. Shares short for MNDY as of Mar 15, 2024 were 2.25M with a Short Ratio of 3.02, compared to 1.59M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.60% and a Short% of Float of 5.53%.
Earnings Estimates
The company has 16 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.4 for the current quarter, with a high estimate of $0.48 and a low estimate of $0.27, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.48, with high estimates of $0.59 and low estimates of $0.37.
Analysts are recommending an EPS of between $2.26 and $1.65 for the fiscal current year, implying an average EPS of $2.01. EPS for the following year is $2.67, with 15 analysts recommending between $3.41 and $2.02.
Revenue Estimates
According to 17 analysts, the current quarter’s revenue is expected to be $210.51M. It ranges from a high estimate of $216.02M to a low estimate of $207.69M. As of the current estimate, Monday.Com Ltd’s year-ago sales were $162.26M, an estimated increase of 29.70% from the year-ago figure. For the next quarter, 17 analysts are estimating revenue of $225.2M, an increase of 28.20% less than the figure of $29.70% in the same quarter last year. There is a high estimate of $229.65M for the next quarter, whereas the lowest estimate is $222.23M.
A total of 18 analysts have provided revenue estimates for MNDY’s current fiscal year. The highest revenue estimate was $958.54M, while the lowest revenue estimate was $926.58M, resulting in an average revenue estimate of $935.77M. In the same quarter a year ago, actual revenue was $729.7M, up 28.20% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $1.19B in the next fiscal year. The high estimate is $1.27B and the low estimate is $1.16B. The average revenue growth estimate for next year is up 27.10% from the average revenue estimate for this year.
