At the time of writing, Monday.Com Ltd [MNDY] stock is trading at $263.38, up 0.99%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MNDY shares have gain 16.69% over the last week, with a monthly amount glided 15.98%, and 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.
For the past year, the stock price of Monday.Com Ltd fluctuated between $122.13 and $265.97. Currently, Wall Street analysts expect the stock to reach $263.55 within the next 12 months. Monday.Com Ltd [NASDAQ: MNDY] shares were valued at $263.38 at the most recent close of the market. An investor can expect a potential return of 0.06% based on the average MNDY price forecast.
Analyzing the MNDY fundamentals
According to Monday.Com Ltd [NASDAQ:MNDY], the company’s sales were 844.78M for trailing twelve months, which represents an 34.40% jump. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 256.66 points at the first support level, and at 249.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 266.94, and for the 2nd resistance point, it is at 270.51.
Ratios To Look Out For
It is important to note that Monday.Com Ltd [NASDAQ:MNDY] has a current ratio of 2.63. As well, the Quick Ratio is 2.63, while the Cash Ratio is 2.48. Considering the valuation of this stock, the price to sales ratio is 15.55, the price to book ratio is 14.16 and price to earnings (TTM) ratio is 331.38.
Transactions by insiders
Recent insider trading involved Glazer Eliran, Officer, that happened on Aug 16 ’24 when 7194.0 shares were purchased. Officer, Mann Roy completed a deal on Aug 01 ’24 to buy 60000.0 shares. Meanwhile, Officer Nawi Shiran bought 2000.0 shares on Aug 01 ’24.
