With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.48 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $322.41 whereas the lowest price it dropped to was $312.79. The 52-week range on MNDY shows that it touched its highest point at $316.39 and its lowest point at $133.20 during that stretch. It currently has a 1-year price target of $316.85. Beta for the stock currently stands at 1.30.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MNDY was up-trending over the past week, with a rise of 8.40%, but this was up by 13.77% over a month. Three-month performance surged to 41.14% while six-month performance rose 76.00%. The stock gained 124.34% in the past year, while it has gained 69.62% so far this year. A look at the trailing 12-month EPS for MNDY yields 0.79 with Next year EPS estimates of 3.37. For the next quarter, that number is 0.63. This implies an EPS growth rate of 53.42% for this year and 18.79% for next year. EPS is expected to grow by 33.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 64.20%.
Float and Shares Shorts:
At present, 48.92 million MNDY shares are outstanding with a float of 37.52 million shares on hand for trading. On 2024-10-15, short shares totaled 2.6 million, which was 521.0 higher than short shares on 1726185600. In addition to Mr. Eran Zinman as the firm’s Co-Founder, Co-CEO & Director, Mr. Roy Mann serves as its Co-Founder, Co-CEO & Director.
Institutional Ownership:
Through their ownership of 0.81643 of MNDY’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, MNDY reported revenue of $236106000.0 and operating income of $1794000.0. The EBITDA in the recently reported quarter was $4714000.0 and diluted EPS was $0.27.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MNDY since 17 analysts follow the stock currently. There are 15 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MNDY analysts setting a high price target of 355.0 and a low target of 265.0, the average target price over the next 12 months is 315.96. Based on these targets, MNDY could surge 11.44% to reach the target high and fall by -16.81% to reach the target low. Reaching the average price target will result in a decline of -0.82% from current levels.
Analysts have provided yearly estimates in a range of $3.03294 being high and $2.75629 being low. For MNDY, this leads to a yearly average estimate of $2.83826. The surprise factor in the prior quarter was $0.4. Based on analyst estimates, the high estimate for the next quarter is $0.8 and the low estimate is $0.55. The average estimate for the next quarter is thus $0.64.
