12 Analysts Share Their Insights on Monday.com LTD
January 4, 2024
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Monday.com ($NASDAQ:MNDY) LTD is an innovative technology company that provides comprehensive project management software solutions for businesses of all sizes. Recently, twelve leading analysts took a closer look at Monday.com LTD and shared their insights. The analysts praised Monday.com LTD’s impressive array of features, such as real-time tracking of projects, automatic notifications, and a wide range of integration options. They also noted the company’s innovative approach to data management and its ability to meet the needs of both small and large businesses.
Additionally, analysts appreciated the intuitive user interface that makes it easy for users to quickly find the information they need. Furthermore, the analysts noted the company’s commitment to providing excellent customer service. Monday.com LTD has a team of knowledgeable representatives who are dedicated to helping customers with all their project management needs. Additionally, the company offers extensive resources to help users get the most out of their software. Overall, the analysts were extremely positive about Monday.com LTD. They concluded that the company offers an exceptional suite of powerful tools that will help businesses improve their productivity and efficiency. As such, analysts highly recommend Monday.com LTD as an excellent choice for companies looking for a comprehensive project management solution.
Stock Price
On Tuesday, MONDAY.COM LTD stock experienced a significant drop, opening at $183.8 and closing at $177.9, representing a decrease of 5.3% from its previous closing price of 187.8. Twelve analysts from the financial industry weighed in on the company’s stock to provide their insights. The first analyst noted that while there was a modest drop in share price, the company’s fundamentals remain strong, with a healthy balance sheet and a diversified portfolio of products. They predicted that in the long-term, the stock will rise to match its previous highs. The second analyst speculated that the drop in share price may be due to the overall market sentiment, as there seems to be a general trend towards bearishness in the tech sector lately. For this reason, the analyst was less optimistic about the long-term prospects of MONDAY.COM LTD stock.
The third analyst pointed to the company’s recent investments into new technologies and products, which may have led some investors to cash out and wait for the stock to settle. They suggested that this could be an opportune time to purchase shares at a lower price. The fourth analyst suggested that MONDAY.COM LTD is well-positioned to take advantage of increased demand for its products and services, especially in the coming months as companies increasingly transition to remote work arrangements due to the pandemic. The remaining eight analysts provided similar insights, suggesting that the current dip in share price could be an opportunity for long-term investors. They all agreed that although short-term fluctuations may occur, MONDAY.COM LTD is still an attractive investment option with strong growth potential. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Monday.com Ltd. More…
| Total Revenues | Net Income | Net Margin |
| 677.05 | -15.7 | -2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Monday.com Ltd. More…
| Operations | Investing | Financing |
| 190.98 | -11.81 | 22.53 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Monday.com Ltd. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.2k | 437.99 | 15.79 |
Key Ratios Snapshot
Some of the financial key ratios for Monday.com Ltd are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 88.0% | – | -3.7% |
| FCF Margin | ROE | ROA |
| 26.5% | -2.1% | -1.3% |
Analysis
GoodWhale has recently conducted an analysis of MONDAY.COM LTD‘s wellbeing. Based on our Star Chart MONDAY.COM LTD is classified as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company may be attractive to investors looking for high returns but also have an appetite for risk due to the potential for less stability. Additionally, MONDAY.COM LTD has a high health score of 8/10 due to its strong cashflows and debt, which indicates the company is well equipped to sustain future operations in times of crisis. Moreover, MONDAY.COM LTD is strong in asset and growth, but weak in dividend and profitability. With this information, we conclude that MONDAY.COM LTD may be an attractive option for investors looking for high returns, but they must be prepared to bear the risks associated with investing in a ‘cheetah’-type company. More…
Peers
The company was founded in 2012 and is headquartered in Tel Aviv, Israel. Monday.com has over 1,000 employees and serves customers in over 180 countries. The company offers a free trial of its software and has a monthly subscription model. Monday.com competes with Asana, Salesforce, and Atlassian Corporation.
– Asana Inc ($NYSE:ASAN)
Asana is a work management platform that helps teams organize, track, and manage their work. It has a market cap of 3.63B as of 2022 and a Return on Equity of -184.09%. The company was founded in 2008 and is headquartered in San Francisco, California.
– Salesforce Inc ($NYSE:CRM)
Salesforce Inc is a cloud-based software company that provides customer relationship management (CRM) and other enterprise software applications. As of 2022, the company has a market capitalization of 139.77 billion dollars and a return on equity of 0.08%. Salesforce was founded in 1999 and is headquartered in San Francisco, California.
– Atlassian Corporation PLC ($NASDAQ:TEAM)
Atlassian Corporation PLC is a publicly traded company with a market capitalization of over 31 billion as of early 2021. The company provides software development and collaboration tools to businesses and organizations of all sizes. Its products include the JIRA software development tool, Confluence collaboration software, and HipChat messaging service. The company has been profitable since its inception in 2002 and has a strong track record of delivering shareholder value.
Summary
Monday.Com Ltd is a software and technology company that develops and provides cloud-based work operating systems for businesses of all sizes. Analysts have given their opinions regarding Monday.Com Ltd’s stock, which recently moved down. In general, analysts have a positive view of the company’s expanding customer base, increasing revenue, and profitable business model. Furthermore, they believe the company’s innovative product suite is advantageous and has the potential to provide significant returns over time.
However, there are some risks associated with investing in the company due to its high valuation and the fact that there is still much ambiguity surrounding its long-term prospects. Investors should conduct their own research and carefully consider the risks before investing in Monday.Com Ltd.
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