After finishing at $221.00 in the prior trading day, Monday.Com Ltd (NASDAQ: MNDY) closed at $214.90, down -2.76%. In other words, the price has decreased by -$6.10 from its previous closing price. On the day, 600538 shares were traded.
Ratios:
Our goal is to gain a better understanding of MNDY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.16. 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 this company, KeyBanc Capital Markets on March 21, 2024, initiated with a Overweight rating and assigned the stock a target price of $275.
On February 26, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $280.
Jefferies Upgraded its Hold to Buy on January 05, 2024, whereas the target price for the stock was revised from $180 to $230.
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 10.51B and an Enterprise Value of 9.46B. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.41 while its Price-to-Book (P/B) ratio in mrq is 12.92. Its current Enterprise Value per Revenue stands at 12.96 whereas that against EBITDA is 765.95.
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 219.17, while the 200-Day Moving Average is calculated to be 180.03.
Shares Statistics:
The stock has traded on average 828.92K shares per day over the past 3-months and 539.29k shares per day over the last 10 days, according to various share statistics. 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 61.45% stake in the company. Shares short for MNDY as of Mar 15, 2024 were 2.25M with a Short Ratio of 2.71, 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
Its stock is currently analyzed by 15 different market analysts. 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 $0.47, with high estimates of $0.59 and low estimates of $0.37.
Analysts are recommending an EPS of between $2.25 and $1.65 for the fiscal current year, implying an average EPS of $1.99. EPS for the following year is $2.61, with 13 analysts recommending between $3.34 and $2.02.
Revenue Estimates
16 analysts predict $210.58M in revenue for the current quarter. 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 29.80% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $225.35M, an increase of 28.30% less than the figure of $29.80% 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 16 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 $935.07M. In the same quarter a year ago, actual revenue was $729.7M, up 28.10% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $1.18B in the next fiscal year. The high estimate is $1.22B and the low estimate is $1.16B. The average revenue growth estimate for next year is up 26.60% from the average revenue estimate for this year.
