monday.com (NASDAQ:MNDY - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Monday, February 10th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $261.34 million for the quarter. monday.com has set its FY 2024 guidance at EPS and its Q4 2024 guidance at EPS.Investors that wish to listen to the company's conference call can do so using this link.
monday.com (NASDAQ:MNDY - Get Free Report) last issued its quarterly earnings results on Monday, November 11th. The company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.61 by $0.24. The company had revenue of $251.00 million for the quarter, compared to the consensus estimate of $246.17 million. monday.com had a return on equity of 4.99% and a net margin of 2.39%. The company's revenue for the quarter was up 49.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.15 EPS. On average, analysts expect monday.com to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NASDAQ MNDY opened at $258.24 on Friday. monday.com has a 52-week low of $174.75 and a 52-week high of $324.99. The firm has a market capitalization of $12.47 billion, a price-to-earnings ratio of 629.85, a P/E/G ratio of 7.12 and a beta of 1.31. The company's fifty day moving average is $249.33 and its two-hundred day moving average is $261.02.
A number of research firms have weighed in on MNDY. DA Davidson reaffirmed a "neutral" rating and set a $300.00 price objective on shares of monday.com in a report on Tuesday, November 12th. Cantor Fitzgerald started coverage on shares of monday.com in a research report on Friday, January 17th. They set an "overweight" rating and a $292.00 target price on the stock. Loop Capital decreased their price target on monday.com from $310.00 to $300.00 and set a "buy" rating on the stock in a report on Monday, December 23rd. Canaccord Genuity Group upped their target price on shares of monday.com from $295.00 to $310.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. Finally, Piper Sandler reduced their price objective on shares of monday.com from $350.00 to $345.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $310.68.
Get Our Latest Stock Report on monday.com
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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