During the last session, Monday.Com Ltd (NASDAQ:MNDY)’s traded shares were 0.5 million, with the beta value of the company hitting 1.27. At the end of the trading day, the stock’s price was $246.28, reflecting an intraday loss of -1.62% or -$4.06. The 52-week high for the MNDY share is $342.64, that puts it down -39.13 from that peak though still a striking 29.04% gain since the share price plummeted to a 52-week low of $174.75. The company’s market capitalization is $12.50B, and the average intraday trading volume over the past 10 days was 0.99 million shares, and the average trade volume was 1.02 million shares over the past three months.
Monday.Com Ltd (MNDY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.39. MNDY has a Sell rating from 1 analyst(s) out of 17 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 15 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.7.
Monday.Com Ltd (NASDAQ:MNDY) trade information
Monday.Com Ltd (MNDY) registered a -1.62% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.62% in intraday trading to $246.28, hitting a weekly high. The stock’s 5-day price performance is 1.08%, and it has moved by -6.24% in 30 days. Based on these gigs, the overall price performance for the year is 31.06%. The short interest in Monday.Com Ltd (NASDAQ:MNDY) is 2.67 million shares and it means that shorts have 3.19 day(s) to cover.
The consensus price target of analysts on Wall Street is $340, which implies an increase of 27.56% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $325 and $350 respectively. As a result, MNDY is trading at a discount of -42.11% off the target high and -31.96% off the low.
Monday.Com Ltd (MNDY) estimates and forecasts
In the rating firms’ projections, revenue will increase 24.91% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 275.68M as predicted by 20 analyst(s). Meanwhile, a consensus of 20 analyst(s) estimates revenue growth to 294.33M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 216.91M and 236.11M respectively. In this case, analysts expect current quarter sales to grow by 27.09% and then jump by 24.66% in the coming quarter.
MNDY Dividends
Monday.Com Ltd is due to release its next quarterly earnings on 2025-Feb-09. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Monday.Com Ltd (NASDAQ:MNDY)’s Major holders
Monday.Com Ltd insiders own 14.24% of total outstanding shares while institutional holders control 83.63%, with the float percentage being 97.51%. WCM INVESTMENT MANAGEMENT, LLC is the largest shareholder of the company, while 637.0 institutions own stock in it. As of 2024-06-30, the company held over 4.19 million shares (or 8.4273% of all shares), a total value of $989.23 million in shares.
The next largest institutional holding, with 3.93 million shares, is of SONNIPE LTD’s that is approximately 7.9043% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $945.43 million.
Also, the Mutual Funds coming in first place with the largest holdings of Monday.Com Ltd (MNDY) shares are INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund and T. Rowe Price New Horizons Fund, Inc. . Data provided on Dec 31, 2024 indicates that INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund owns about 1.5 shares. This amounts to just over 2.95 percent of the company’s overall shares, with a $368.82 million market value. The same data shows that the other fund manager holds slightly less at 1.14, or about 2.24% of the stock, which is worth about $279.74 million.
