Monday.com closed at $84.29, up 1.97% and outpacing the S&P 500's 0.58% daily gain, though the project management software developer has lost 9.23% over the past month while the Computer and Technology sector gained 6.31%. Analysts expect the company to report earnings of $1.43 per share in its forthcoming report, a 23.28% year-over-year increase, on revenue of $368.34 million, up 16.25%. For the full fiscal year, the Zacks Consensus Estimates project earnings of $5.58 per share and revenue of $1.47 billion, representing growth of 26.82% and 19.29%, respectively. Over the last 30 days, the Zacks Consensus EPS estimate has risen 3.85%, and Monday.com currently carries a Zacks Rank of #1 (Strong Buy). The stock trades at a Forward P/E ratio of 14.8, a discount to its industry average of 19.7, and a PEG ratio of 0.78 versus an Internet - Software industry average of 1.18.
Monday.Com LtdAnalysts raised EPS estimates ahead of earnings and the stock carries a Zacks #1 Strong Buy rank with a discounted forward P/E.
