Monday.Com Ltd (NASDAQ: MNDY) has a higher price-to-earnings ratio of 647.53x compared to its average ratio. MNDY has 36-month beta value of 1.29. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MNDY is 35.54M, and currently, short sellers hold a 7.52% ratio of that float. The average trading volume of MNDY on July 04, 2024 was 868.80K shares.
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
MNDY) stock’s latest price update
Monday.Com Ltd (NASDAQ: MNDY)’s stock price has soared by 2.36 in relation to previous closing price of 237.03. Nevertheless, the company has seen a gain of 5.71% in its stock price over the last five trading days. zacks.com reported 2024-07-02 that After a period of underperformance, software stocks such as Datadog, AppLovin and monday.com are on the rise again.
MNDY’s Market Performance
Monday.Com Ltd (MNDY) has experienced a 5.71% rise in stock performance for the past week, with a 12.33% rise in the past month, and a 12.65% rise in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are at 3.25% for MNDY. The simple moving average for the last 20 days is 6.98% for MNDY’s stock, with a simple moving average of 25.74% for the last 200 days.
Analysts’ Opinion of MNDY
Many brokerage firms have already submitted their reports for MNDY stocks, with Barclays repeating the rating for MNDY by listing it as a “Overweight.” The predicted price for MNDY in the upcoming period, according to Barclays is $275 based on the research report published on June 26, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see MNDY reach a price target of $250, previously predicting the price at $277. The rating they have provided for MNDY stocks is “Neutral” according to the report published on April 10th, 2024.
Wells Fargo gave a rating of “Overweight” to MNDY, setting the target price at $260 in the report published on April 09th of the current year.
MNDY Trading at 12.98% from the 50-Day Moving Average
After a stumble in the market that brought MNDY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.56% of loss for the given period.
Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares surge +13.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.77% upper at present.
During the last 5 trading sessions, MNDY rose by +6.01%, which changed the moving average for the period of 200-days by +48.92% in comparison to the 20-day moving average, which settled at $228.27. In addition, Monday.Com Ltd saw 29.19% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MNDY
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.89 for the gross margin
The net margin for Monday.Com Ltd stands at 0.03. The total capital return value is set at -0.02. Equity return is now at value 2.56, with 1.60 for asset returns.
Based on Monday.Com Ltd (MNDY), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 4.53.
Currently, EBITDA for the company is -29.56 million with net debt to EBITDA at 103.51. When we switch over and look at the enterprise to sales, we see a ratio of 13.95. The receivables turnover for the company is 42.84for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.62.
Conclusion
To put it simply, Monday.Com Ltd (MNDY) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
