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Investors Heavily Search monday.com Ltd. (MNDY): Here is What You Need to Know
monday.commonday.com(US:MNDY) zacks.comยท2024-05-29 14:06

Core Viewpoint - Monday.com (MNDY) has shown strong stock performance recently, with a +27.1% return over the past month, significantly outperforming the S&P 500 composite's +4.3% change and the Zacks Internet - Software industry's +3.4% gain [2] Earnings Estimate Revisions - The consensus earnings estimate for Monday.com is $0.49 per share for the current quarter, reflecting a year-over-year increase of +19.5% [5] - For the current fiscal year, the consensus earnings estimate stands at $2.04, indicating a +10.3% change from the previous year [5] - The next fiscal year's consensus earnings estimate is $2.70, which represents a +32.3% increase compared to the prior year, with a recent change of +11.1% [6] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $227.96 million, showing a year-over-year growth of +29.8% [10] - For the current fiscal year, the sales estimate is $944.84 million, indicating a +29.5% change, while the next fiscal year's estimate of $1.2 billion reflects a +26.8% increase [10] Last Reported Results and Surprise History - In the last reported quarter, Monday.com achieved revenues of $216.91 million, a +33.7% year-over-year increase, and an EPS of $0.61 compared to $0.14 a year ago [11] - The company exceeded the Zacks Consensus Estimate for revenues by +3.13% and for EPS by +56.41% [11] - Monday.com has consistently beaten consensus EPS and revenue estimates in the last four quarters [12] Valuation - Monday.com is graded F on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [16]