Monday.Com Ltd (NASDAQ: MNDY) is 43.32% higher on its value in year-to-date trading and has touched a low of $150.10 and a high of $324.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MNDY stock was last observed hovering at around $260.59 in the last trading session, with the day’s gains setting it 8.57%.
Currently trading at $269.16, the stock is -8.48% and -3.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing 3.29% at the moment leaves the stock 13.54% off its SMA200. MNDY registered 73.84% gain for a year compared to 6-month gain of 21.95%. The firm has a 50-day simple moving average (SMA 50) of $279.267 and a 200-day simple moving average (SMA200) of $236.8059.
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The stock witnessed a -5.83% loss in the last 1 month and extending the period to 3 months gives it a 3.21%, and is -14.83% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.52% over the week and 3.63% over the month.
Monday.Com Ltd (MNDY) has around 1854 employees, a market worth around $13.42B and $906.59M in sales. Current P/E ratio is 657.45 and Fwd P/E is 72.49. Profit margin for the company is 2.39%. Distance from 52-week low is 79.32% and -17.18% from its 52-week high. The company has generated returns on investments over the last 12 months (2.09%).
Monday.Com Ltd quarterly earnings per share for the current quarter are estimated at 0.74 with sales reaching $261.28M over the same period.The EPS is expected to grow by 73.78% this year, but quarterly earnings will post 32.10% year-over-year. Quarterly sales are estimated to grow 29.00% in year-over-year returns.
The shares outstanding are 48.92M, and float is at 37.88M with Short Float at 7.17%.
The top institutional shareholder in the company is WCM INVESTMENT MANAGEMENT, LLC with over 4.19 million shares valued at $989.23 million. The investor’s holdings represent 8.5088 of the MNDY Shares outstanding. As of 2024-06-30, the second largest holder is SONNIPE LTD with 3.93 million shares valued at $945.43 million to account for 7.9807 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 2.33 million shares representing 4.7439 and valued at over $561.99 million, while FRANKLIN RESOURCES INC holds 4.2399 of the shares totaling 2.09 million with a market value of $502.28 million.
Monday.Com Ltd (MNDY) Insider Activity
Still, SEC filings show that on Nov 06 ’24, Nawi Shiran (Officer) Proposed Sale 4,500 shares at an average price of $296.95 for $1.34 million. The insider now directly holds shares of Monday.Com Ltd (MNDY).
