Monday.com (MNDY) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - Monday.com (MNDY) stock closed at $139.22, down 4.87%, which is less than the S&P 500's daily loss of 0.19% [1] - The stock has decreased by 3.12% over the past month, underperforming the Computer and Technology sector's gain of 2.62% and the S&P 500's gain of 2.26% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.91, reflecting a 15.74% decline compared to the same quarter last year [2] - Revenue is anticipated to be $328.99 million, representing a 22.77% increase from the prior-year quarter [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $4.28 per share and revenue of $1.23 billion for the year, indicating a 22.29% increase in earnings but no change in revenue compared to the previous year [3] - Recent adjustments to analyst estimates suggest a favorable outlook on the business health and profitability [3] Valuation Metrics - Monday.com has a Forward P/E ratio of 29.5, which is a premium compared to the industry average Forward P/E of 24.44 [6] - The company has a PEG ratio of 1.06, while the Internet - Software industry has an average PEG ratio of 1.5 [6] Industry Context - The Internet - Software industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 56, placing it in the top 23% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]