The Short-term Rise and Fall of Monday.Com Ltd (MNDY) Stock

Monday.Com Ltd [MNDY] stock prices are up 4.08% to $215.89 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MNDY shares have lost -0.55% over the last week, with a monthly amount drifted -7.98%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Monday.Com Ltd [NASDAQ: MNDY] stock has seen the most recent analyst activity on July 23, 2024, when Robert W. Baird initiated its Neutral rating and assigned the stock a price target of $250. Previously, Wolfe Research started tracking the stock with Outperform rating on July 09, 2024, and set its price target to $300. On June 26, 2024, Barclays initiated with a Overweight rating and assigned a price target of $275 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $250 on April 10, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $260 as its price target on April 09, 2024. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on March 21, 2024, and assigned it a price target of $275. In a note dated February 26, 2024, BofA Securities initiated an Buy rating and provided a target price of $280 on this stock.

The stock price of Monday.Com Ltd [MNDY] has been fluctuating between $122.13 and $251.48 over the past year. Currently, Wall Street analysts expect the stock to reach $249.4 within the next 12 months. Monday.Com Ltd [NASDAQ: MNDY] shares were valued at $215.89 at the most recent close of the market. An investor can expect a potential return of 15.52% based on the average MNDY price forecast.

Analyzing the MNDY fundamentals

The Monday.Com Ltd [NASDAQ:MNDY] reported sales of 784.35M for trailing twelve months, representing a surge of 33.69%. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 211.13 points at the first support level, and at 206.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 219.73, and for the 2nd resistance point, it is at 223.56.

Ratios To Look Out For

It’s worth pointing out that Monday.Com Ltd [NASDAQ:MNDY]’s Current Ratio is 2.62. In addition, the Quick Ratio stands at 2.62 and the Cash Ratio stands at 2.48. Considering the valuation of this stock, the price to sales ratio is 13.70, the price to book ratio is 12.34 and price to earnings (TTM) ratio is 576.17.

Transactions by insiders

Recent insider trading involved Mann Roy, Officer, that happened on Aug 01 ’24 when 60000.0 shares were purchased. Officer, Lereya Daniel completed a deal on Aug 01 ’24 to buy 13500.0 shares. Meanwhile, Officer Nawi Shiran bought 2000.0 shares on Aug 01 ’24.

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