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After finishing at $342.75 in the prior trading day, MongoDB Inc (NASDAQ: MDB) closed at $335.55, down -2.10%. In other words, the price has decreased by -$2.10 from its previous closing price. On the day, 1.08 million shares were traded. MDB stock price reached its highest trading level at $344.89 during the session, while it also had its lowest trading level at $332.745.
Ratios:
Our goal is to gain a better understanding of MDB 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 12.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 211.51. 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:
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 Apr 08 ’24 when MERRIMAN DWIGHT A sold 2,000 shares for $365.00 per share. The transaction valued at 730,000 led to the insider holds 1,154,784 shares of the business.
Pech Cedric sold 4,726 shares of MDB for $1,654,100 on Apr 04 ’24. The Chief Revenue Officer now owns 35,992 shares after completing the transaction at $350.00 per share. On Apr 03 ’24, another insider, Pech Cedric, who serves as the Chief Revenue Officer of the company, sold 4,726 shares for $343.36 each. As a result, the insider received 1,622,719 and left with 40,718 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 24438476800 and an Enterprise Value of 23650748416. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.50 while its Price-to-Book (P/B) ratio in mrq is 22.83. Its current Enterprise Value per Revenue stands at 14.053 whereas that against EBITDA is -112.186.
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 $212.52. The 50-Day Moving Average of the stock is -15.82%, while the 200-Day Moving Average is calculated to be -13.20%.
Shares Statistics:
The stock has traded on average 1.38M shares per day over the past 3-months and 1119950 shares per day over the last 10 days, according to various share statistics. A total of 72.74M shares are outstanding, with a floating share count of 70.06M. Insiders hold about 3.68% of the company’s shares, while institutions hold 89.44% stake in the company. Shares short for MDB as of 1711584000 were 3756026 with a Short Ratio of 2.73, compared to 1709164800 on 3100724. Therefore, it implies a Short% of Shares Outstanding of 3756026 and a Short% of Float of 5.9899997.
Earnings Estimates
MongoDB Inc (MDB) is currently under the scrutiny of Medtronic plc. analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $335.55, with high estimates of $15.80 and low estimates of $139.30.
Analysts are recommending an EPS of between $Financial Services and $Financial Services for the fiscal current year, implying an average EPS of $Technology.
