monday.com (NASDAQ:MNDY - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Monday, November 11th. Analysts expect the company to announce earnings of $0.61 per share for the quarter. monday.com has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Individual that are interested in participating in the company's earnings conference call can do so using this link.
monday.com (NASDAQ:MNDY - Get Free Report) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.01 by $0.23. The firm had revenue of $236.11 million during the quarter, compared to the consensus estimate of $227.96 million. monday.com had a net margin of 4.88% and a return on equity of 4.74%. On average, analysts expect monday.com to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
monday.com Trading Down 1.3 %
Shares of monday.com stock traded down $3.77 during trading on Monday, hitting $295.78. The stock had a trading volume of 496,656 shares, compared to its average volume of 695,785. The business's 50-day moving average is $274.03 and its 200 day moving average is $241.76. The firm has a market cap of $14.28 billion, a price-to-earnings ratio of 374.44, a P/E/G ratio of 13.79 and a beta of 1.31. monday.com has a 12 month low of $128.62 and a 12 month high of $306.80.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on MNDY. Citigroup boosted their target price on monday.com from $296.00 to $327.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 25th. JPMorgan Chase & Co. upped their price objective on shares of monday.com from $270.00 to $300.00 and gave the company an "overweight" rating in a research note on Tuesday, August 13th. Wolfe Research assumed coverage on shares of monday.com in a research report on Tuesday, July 9th. They issued an "outperform" rating and a $300.00 target price on the stock. The Goldman Sachs Group upped their price target on shares of monday.com from $300.00 to $340.00 and gave the company a "buy" rating in a research report on Tuesday, August 13th. Finally, Loop Capital lifted their price objective on monday.com from $285.00 to $310.00 and gave the stock a "buy" rating in a report on Wednesday, September 25th. Five investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $306.10.
Check Out Our Latest Stock Report on monday.com
monday.com Company Profile
(
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monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.
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