A share price of MongoDB Inc [MDB] is currently trading at $232.37, down -1.08%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MDB shares have gain 4.91% over the last week, with a monthly amount drifted -8.22%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
MongoDB Inc [NASDAQ: MDB] stock has seen the most recent analyst activity on June 03, 2024, when Guggenheim upgraded its rating to a Neutral. Previously, Loop Capital started tracking the stock with Buy rating on April 23, 2024, and set its price target to $415. On March 19, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $295 on the stock. DA Davidson upgraded its rating to a Buy and increased its price target to $430 on March 08, 2024. UBS downgraded its rating to a Neutral and reduced its price target to $410 on January 04, 2024. Wells Fargo started tracking with a Overweight rating for this stock on November 16, 2023, and assigned it a price target of $500. In a note dated November 08, 2023, CapitalOne upgraded an Overweight rating on this stock but restated the target price of $427.
MongoDB Inc experienced fluctuations in its stock price throughout the past year between $212.74 and $509.62. Currently, Wall Street analysts expect the stock to reach $378.85 within the next 12 months. MongoDB Inc [NASDAQ: MDB] shares were valued at $232.37 at the most recent close of the market. An investor can expect a potential return of 63.04% based on the average MDB price forecast.
Analyzing the MDB fundamentals
Trailing Twelve Months sales for MongoDB Inc [NASDAQ:MDB] were 1.77B which represents 22.34% growth. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.19 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.91.
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 229.52 points at the first support level, and at 226.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 235.69, and for the 2nd resistance point, it is at 239.01.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MongoDB Inc [NASDAQ:MDB] is 4.76. In addition, the Quick Ratio stands at 4.76 and the Cash Ratio stands at 1.52. Considering the valuation of this stock, the price to sales ratio is 9.66, the price to book ratio is 13.43.
Transactions by insiders
Recent insider trading involved MERRIMAN DWIGHT A, Director, that happened on Aug 02 ’24 when 3672.0 shares were purchased. Director, MERRIMAN DWIGHT A completed a deal on Aug 02 ’24 to sell 2000.0 shares. Meanwhile, Director MERRIMAN DWIGHT A sold 1672.0 shares on Aug 02 ’24.
