Monday.com (MNDY) Rises As Market Takes a Dip: Key Facts

Company Performance - Monday.com (MNDY) closed at $221.01, reflecting a +1.49% change from the previous trading day's closing, outperforming the S&P 500's loss of 0.23% [1] - The stock has dropped by 13.67% in the past month, which is better than the Computer and Technology sector's loss of 16.18% but worse than the S&P 500's loss of 12.13% [1] Earnings Expectations - Analysts expect Monday.com to post earnings of $0.68 per share, indicating year-over-year growth of 11.48% [2] - The consensus estimate projects revenue of $275.04 million, reflecting a 26.8% rise from the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $3.27 per share, representing a -6.57% change from the prior year, while revenue is expected to be $1.22 billion, reflecting a +25.01% change [3] Analyst Estimates - Recent changes in analyst estimates for Monday.com are important as they reflect evolving short-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [4] Valuation Metrics - Monday.com has a Forward P/E ratio of 66.62, significantly higher than the industry average of 23.71, suggesting it is trading at a premium [7] - The company holds a PEG ratio of 1.63, compared to the industry average PEG ratio of 1.77 [7] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 82, placing it in the top 34% of all industries [8]