Monday.Com Ltd (NASDAQ: MNDY) is -0.55% lower on its value in year-to-date trading and has touched a low of $174.75 and a high of $324.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MNDY stock was last observed hovering at around $220.16 in the last trading session, with the day’s gains setting it 13.99%.
Currently trading at $234.15, the stock is 0.24% and -11.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 6.35% at the moment leaves the stock -4.23% off its SMA200. MNDY registered 22.78% gain for a year compared to 6-month gain of -1.27%. The firm has a 50-day simple moving average (SMA 50) of $264.8926 and a 200-day simple moving average (SMA200) of $244.4615.
The stock witnessed a -16.98% loss in the last 1 month and extending the period to 3 months gives it a -19.74%, and is 3.90% up 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 3.50% over the week and 4.78% over the month.
Monday.Com Ltd (MNDY) has around 1854 employees, a market worth around $11.67B and $906.59M in sales. Current P/E ratio is 571.93 and Fwd P/E is 64.41. Profit margin for the company is 2.39%. Distance from 52-week low is 33.99% and -27.95% from its 52-week high. The company has generated returns on investments over the last 12 months (2.09%).
with sales reaching $261.44M over the same period.The EPS is expected to grow by 73.72% this year, but quarterly earnings will post 32.35% year-over-year. Quarterly sales are estimated to grow 29.06% in year-over-year returns.
The shares outstanding are 49.86M, and float is at 37.98M with Short Float at 7.95%.
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 25 ’24, Osherov Yoni (Officer) Proposed Sale 12,750 shares at an average price of $284.59 for $3.63 million. The insider now directly holds shares of Monday.Com Ltd (MNDY).
