With 1.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $275.36 whereas the lowest price it dropped to was $257.1757. The 52-week range on MNDY shows that it touched its highest point at $324.99 and its lowest point at $150.10 during that stretch. It currently has a 1-year price target of $325.75. Beta for the stock currently stands at 1.22.
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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 down-trending over the past week, with a drop of -14.83%, but this was down by -5.83% over a month. Three-month performance surged to 3.21% while six-month performance rose 21.95%. The stock gained 73.84% in the past year, while it has gained 43.32% so far this year. A look at the trailing 12-month EPS for MNDY yields 0.41 with Next year EPS estimates of 3.71. For the next quarter, that number is 0.79. This implies an EPS growth rate of 73.78% for this year and 15.50% 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 37.88 million shares on hand for trading. On 2024-10-31, short shares totaled 2.71 million, which was 544.0 higher than short shares on 1727654400. 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 0.81474 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 2024-09-30, 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 240.0, the average target price over the next 12 months is 320.3965. Based on these targets, MNDY could surge 31.89% to reach the target high and fall by -10.83% to reach the target low. Reaching the average price target will result in a growth of 19.04% from current levels.
Analysts have provided yearly estimates in a range of $3.42336 being high and $3.1111 being low. For MNDY, this leads to a yearly average estimate of $3.20362. The surprise factor in the prior quarter was $0.56. Based on analyst estimates, the high estimate for the next quarter is $0.91 and the low estimate is $0.54. The average estimate for the next quarter is thus $0.77.
