MongoDB Inc (NASDAQ: MDB) closed the day trading at $436.84 down -2.40% from the previous closing price of $447.58. In other words, the price has decreased by -$10.74 from its previous closing price. On the day, 1441713 shares were traded. MDB stock price reached its highest trading level at $449.12 during the session, while it also had its lowest trading level at $430.83.
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 16.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 355.60. For the most recent quarter (mrq), Quick Ratio is recorded 4.56 and its Current Ratio is at 4.56. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.26.
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, UBS on January 04, 2024, Downgraded its rating to Neutral and sets its target price to $410 from $475 previously.
On November 16, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $500.
CapitalOne Upgraded its Equal Weight to Overweight on November 08, 2023, while the target price for the stock was maintained at $427.
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 Feb 09 when Gordon Michael Lawrence sold 10,000 shares for $486.04 per share. The transaction valued at 4,860,357 led to the insider holds 70,985 shares of the business.
Gordon Michael Lawrence sold 10,000 shares of MDB for $4,698,422 on Feb 08. The COO and CFO now owns 70,985 shares after completing the transaction at $469.84 per share. On Feb 08, another insider, MERRIMAN DWIGHT A, who serves as the Director of the company, sold 2,000 shares for $465.37 each. As a result, the insider received 930,740 and left with 1,166,784 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 31.54B and an Enterprise Value of 30.80B. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.88 while its Price-to-Book (P/B) ratio in mrq is 32.49. Its current Enterprise Value per Revenue stands at 19.42 whereas that against EBITDA is -231.55.
Stock Price History:
Over the past 52 weeks, MDB has reached a high of $509.62, while it has fallen to a 52-week low of $189.59. The 50-Day Moving Average of the stock is 422.43, while the 200-Day Moving Average is calculated to be 383.70.
Shares Statistics:
Over the past 3-months, MDB traded about 1.61M shares per day on average, while over the past 10 days, MDB traded about 1.02M shares per day. A total of 69.91M shares are outstanding, with a floating share count of 69.51M. Insiders hold about 3.70% of the company’s shares, while institutions hold 90.10% stake in the company. Shares short for MDB as of Feb 15, 2024 were 3.31M with a Short Ratio of 2.06, compared to 4.1M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.58% and a Short% of Float of 5.33%.
Earnings Estimates
Current recommendations for the stock of the company come from 25 analysts. On average, analysts expect EPS of $0.47 for the current quarter, with a high estimate of $0.7 and a low estimate of $0.44, while EPS last year was $0.57. The consensus estimate for the next quarter is $0.62, with high estimates of $0.79 and low estimates of $0.4.
Analysts are recommending an EPS of between $3.16 and $2.88 for the fiscal current year, implying an average EPS of $2.92. EPS for the following year is $3.34, with 28 analysts recommending between $4.72 and $2.57.
Revenue Estimates
25 analysts predict $433.73M in revenue for the current quarter. It ranges from a high estimate of $458.74M to a low estimate of $423.3M. As of the current estimate, MongoDB Inc’s year-ago sales were $361.31M, an estimated increase of 20.00% from the year-ago figure.
A total of 31 analysts have provided revenue estimates for MDB’s current fiscal year. The highest revenue estimate was $1.68B, while the lowest revenue estimate was $1.65B, resulting in an average revenue estimate of $1.66B. In the same quarter a year ago, actual revenue was $1.28B, up 29.30% from the average estimate. Based on 31 analysts’ estimates, the company’s revenue will be $2.03B in the next fiscal year. The high estimate is $2.21B and the low estimate is $1.95B. The average revenue growth estimate for next year is up 22.30% from the average revenue estimate for this year.
