The price of MongoDB Inc (NASDAQ: MDB) closed at $358.80 in the last session, up 1.32% from day before closing price of $354.12. On the day, 752784 shares were traded.
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
Ratios:
We take a closer look at MDB’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 12.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 226.16. For the most recent quarter (mrq), Quick Ratio is recorded 4.24 and its Current Ratio is at 4.24. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.13.
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, Redburn Atlantic on March 19, 2024, Downgraded its rating to Sell and sets its target price to $295 from $410 previously.
On March 08, 2024, DA Davidson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $405 to $430.
UBS Downgraded its Buy to Neutral on January 04, 2024, whereas the target price for the stock was revised from $475 to $410.
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 Mar 13 ’24 when BOTHA ROELOF sold 27,000 shares for $372.08 per share. The transaction valued at 10,046,210 led to the insider holds 217,513 shares of the business.
MERRIMAN DWIGHT A sold 6,000 shares of MDB for $2,592,885 on Mar 04 ’24. The Director now owns 1,160,784 shares after completing the transaction at $432.15 per share. On Mar 01 ’24, another insider, Ittycheria Dev, who serves as the President & CEO of the company, sold 33,000 shares for $438.74 each. As a result, the insider received 14,478,288 and left with 198,166 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 26.13B and an Enterprise Value of 25.30B. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.51 while its Price-to-Book (P/B) ratio in mrq is 24.42. Its current Enterprise Value per Revenue stands at 15.03 whereas that against EBITDA is -207.37.
Stock Price History:
The Beta on a monthly basis for MDB is 1.21, which has changed by 63.88% over the last 52 weeks, in comparison to a change of 29.57% 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 $198.72. The 50-Day Moving Average of the stock is 414.80, while the 200-Day Moving Average is calculated to be 388.99.
Shares Statistics:
According to the various share statistics, MDB traded on average about 1.41M shares per day over the past 3-months and 1.19M shares per day over the past 10 days. A total of 72.74M shares are outstanding, with a floating share count of 70.09M. Insiders hold about 3.65% of the company’s shares, while institutions hold 89.47% stake in the company. Shares short for MDB as of Mar 15, 2024 were 3.26M with a Short Ratio of 2.30, compared to 3.31M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.47% and a Short% of Float of 5.20%.
Earnings Estimates
The company has 25 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 $0.83 and a low estimate of $0.34, while EPS last year was $0.56. The consensus estimate for the next quarter is $0.58, with high estimates of $0.78 and low estimates of $0.37.
Analysts are recommending an EPS of between $4.41 and $2.29 for the fiscal current year, implying an average EPS of $2.5. EPS for the following year is $3.5, with 29 analysts recommending between $7.95 and $2.83.
Revenue Estimates
A total of 29 analysts have provided revenue estimates for MDB’s current fiscal year. The highest revenue estimate was $2.07B, while the lowest revenue estimate was $1.91B, resulting in an average revenue estimate of $1.94B. In the same quarter a year ago, actual revenue was $1.68B, up 15.10% from the average estimate. Based on 29 analysts’ estimates, the company’s revenue will be $2.33B in the next fiscal year. The high estimate is $2.58B and the low estimate is $2.19B. The average revenue growth estimate for next year is up 20.50% from the average revenue estimate for this year.
