Monday.Com Ltd (NASDAQ: MNDY) has experienced a rise in its stock price by 1.32 compared to its previous closing price of 293.87. However, the company has seen a fall of -0.62% in its stock price over the last five trading days. zacks.com reported 2024-10-29 that Monday.com (MNDY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in Monday.Com Ltd (NASDAQ: MNDY) Right Now?
Monday.Com Ltd (NASDAQ: MNDY) has a higher price-to-earnings ratio of 374.61x compared to its average ratio, The 36-month beta value for MNDY is at 1.30. Analysts have varying views on the stock, with 12 analysts rating it as a “buy,” 5 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
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
The public float for MNDY is 37.52M, and currently, shorts hold a 6.93% of that float. The average trading volume for MNDY on November 01, 2024 was 493.58K shares.
MNDY’s Market Performance
MNDY stock saw an increase of -0.62% in the past week, with a monthly gain of 7.88% and a quarterly increase of 47.10%. The volatility ratio for the week is 2.76%, and the volatility levels for the last 30 days are 2.64% for Monday.Com Ltd (MNDY). The simple moving average for the past 20 days is 2.87% for MNDY’s stock, with a 27.43% simple moving average for the past 200 days.
Analysts’ Opinion of MNDY
Many brokerage firms have already submitted their reports for MNDY stocks, with CapitalOne repeating the rating for MNDY by listing it as a “Overweight.” The predicted price for MNDY in the upcoming period, according to CapitalOne is $325 based on the research report published on October 10, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see MNDY reach a price target of $250. The rating they have provided for MNDY stocks is “Neutral” according to the report published on July 23rd, 2024.
Wolfe Research gave a rating of “Outperform” to MNDY, setting the target price at $300 in the report published on July 09th of the current year.
MNDY Trading at 8.69% 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 -2.95% of loss for the given period.
Volatility was left at 2.64%, however, over the last 30 days, the volatility rate increased by 2.76%, as shares surge +5.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.05% upper at present.
During the last 5 trading sessions, MNDY fell by -1.89%, which changed the moving average for the period of 200-days by +52.27% in comparison to the 20-day moving average, which settled at $289.23. In addition, Monday.Com Ltd saw 58.53% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MNDY starting from Mann Roy, who proposed sale 50,000 shares at the price of $297.27 back on Oct 25 ’24. After this action, Mann Roy now owns shares of Monday.Com Ltd, valued at $14,863,500 using the latest closing price.
Nawi Shiran, the Officer of Monday.Com Ltd, proposed sale 3,000 shares at $297.27 during a trade that took place back on Oct 25 ’24, which means that Nawi Shiran is holding shares at $891,810 based on the most recent closing price.
Stock Fundamentals for MNDY
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.89 for the gross margin
The net margin for Monday.Com Ltd stands at 0.05. The total capital return value is set at -0.01. Equity return is now at value 5.05, with 3.16 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 4.73.
Currently, EBITDA for the company is -29.56 million with net debt to EBITDA at -357.92. When we switch over and look at the enterprise to sales, we see a ratio of 16.18. The receivables turnover for the company is 43.1for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.63.
Conclusion
In conclusion, Monday.Com Ltd (MNDY) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
