Providing a diverse range of perspectives from bullish to bearish, 10 analysts have published ratings on Monday.Com MNDY in the last three months.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 7 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 3 | 1 | 0 | 0 |
| 3M Ago | 0 | 2 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $209.5, a high estimate of $250.00, and a low estimate of $180.00. This current average reflects an increase of 7.02% from the previous average price target of $195.75.
Breaking Down Analyst Ratings: A Detailed Examination
A clear picture of Monday.Com's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brent Bracelin | Piper Sandler | Maintains | Overweight | $250.00 | - |
| Jason Celino | Keybanc | Raises | Overweight | $220.00 | $205.00 |
| Brent Bracelin | Piper Sandler | Raises | Overweight | $250.00 | $225.00 |
| Taylor McGinnis | UBS | Raises | Neutral | $200.00 | $185.00 |
| Brent Bracelin | Piper Sandler | Raises | Overweight | $225.00 | $200.00 |
| David Hynes | Canaccord Genuity | Maintains | Buy | $195.00 | - |
| Jason Celino | Keybanc | Raises | Overweight | $205.00 | $185.00 |
| Taylor McGinnis | UBS | Raises | Neutral | $185.00 | $175.00 |
| Jason Celino | Keybanc | Raises | Overweight | $185.00 | $180.00 |
| Jason Celino | Keybanc | Lowers | Overweight | $180.00 | $211.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Monday.Com. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Monday.Com compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Monday.Com's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Monday.Com's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Monday.Com analyst ratings.
About Monday.Com
Monday.Com Ltd Work OS is an open platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. Monday.com operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Sydney, Sao Paulo, and Tokyo.
Breaking Down Monday.Com's Financial Performance
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Monday.Com's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 38.2%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 3.96%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Monday.Com's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.01%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Monday.Com's ROA stands out, surpassing industry averages. With an impressive ROA of 0.64%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Monday.Com's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.08.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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