Monday.Com Ltd (NASDAQ:MNDY)’s traded shares stood at 0.55 million during the last session, with the company’s beta value hitting 1.31. At the close of trading, the stock’s price was $279.12, to imply an increase of 0.72% or $1.99 in intraday trading. The MNDY share’s 52-week high remains $342.64, putting it -22.76% down since that peak but still an impressive 35.86% since price per share fell to its 52-week low of $179.02. The company has a valuation of $14.17B, with an average of 0.56 million shares in intraday trading volume over the past 10 days and average of 958.75K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Monday.Com Ltd (MNDY), translating to a mean rating of 1.41. Of 17 analyst(s) looking at the stock, 1 analyst(s) give MNDY a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 15 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.7.
Monday.Com Ltd (NASDAQ:MNDY) trade information
After registering a 0.72% upside in the last session, Monday.Com Ltd (MNDY) has traded red over the past five days. The 5-day price performance for the stock is 1.87%, and 4.70% over 30 days. With these gigs, the year-to-date price performance is 18.55%. Short interest in Monday.Com Ltd (NASDAQ:MNDY) saw shorts transact 2.72 million shares and set a 3.14 days time to cover.
The extremes give us $340 and $350 for target low and target high price respectively. As such, MNDY has been trading -25.39% off suggested target high and -21.81% from its likely low.
Monday.Com Ltd (MNDY) estimates and forecasts
The rating firms project that company’s revenue will grow 24.77% compared to the previous financial year.
Revenue forecast for the current quarter as set by 20 analysts is 275.93M. Meanwhile, for the current quarter, a total of 20 analyst(s) estimate revenue growth to 293.95M.Earnings reports from the last fiscal year show that sales brought in 216.91M and 236.11M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 27.21% before jumping 24.50% in the following quarter.
MNDY Dividends
Monday.Com Ltd has its next earnings report out on 2025-Feb-09. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Monday.Com Ltd (NASDAQ:MNDY)’s Major holders
Monday.Com Ltd insiders hold 14.24% of total outstanding shares, with institutional holders owning 83.94% of the shares at 97.88% float percentage. In total, 83.94% institutions holds shares in the company, led by WCM INVESTMENT MANAGEMENT, LLC. As of 2024-06-30, the company held over 4.19 million shares (or 8.4273% of shares), all amounting to roughly $989.23 million.
The next major institution holding the largest number of shares is SONNIPE LTD with 3.93 million shares, or about 7.9043% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $945.43 million.
We also have INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund and T. Rowe Price New Horizons Fund, Inc. as the top two Mutual Funds with the largest holdings of the Monday.Com Ltd (MNDY) shares. Going by data provided on Dec 31, 2024 , INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund holds roughly 1.5 shares. This is just over 2.95% of the total shares, with a market valuation of $418.0 million. Data from the same date shows that the other fund manager holds a little less at 1.14, or 2.24% of the shares, all valued at about 317.04 million.
