MongoDB logged a -2.1% change during today's afternoon session, and is now trading at a price of $390.8 per share.
MongoDB, Inc. provides general purpose database platform worldwide. Based in New York, NY, the large-cap Technology company has 4,527 full time employees. MongoDB has not offered a dividend during the last year.
An Exceptionally Strong Balance Sheet:
|Net Income (MM)||-$176||-$267||-$307||-$345|
|Net Interest Expense (MM)||-12||-52||-10||15|
|Net Interest Expense (MM)||-$12||-$52||-$10||$15|
|Depreciation & Amort. (MM)||-$20||-$25||-$24||-$29|
|Earnings Per Share||-$3.14||-$4.53||-$4.75||-$4.67|
|Diluted Shares (MM)||56||59||65||71|
|Free Cash Flow (MM)||-$33||-$54||-$1||-$20|
|Capital Expenditures (MM)||-$4||-$12||-$8||-$7|
|Net Current Assets (MM)||-$133||-$271||$335||$387|
|Long Term Debt (MM)||$911||$938||$1,137||$1,140|
|LT Debt to Equity||11.0||-186.32||1.7||1.54|
MongoDB has growing revenues and increasing reinvestment in the business, an excellent current ratio, and wider gross margins than its peer group. However, MongoDB has consistently poor operating margins with a positive growth rate, declining EPS growth, and negative and highly variable cash flows.
MongoDB does not have a meaningful trailing P/E ratio since its earnings per share are currently in the red. Based on its EPS guidance of $2.11, the company has a forward P/E ratio of 151.2. In comparison, the average P/E ratio for the Technology sector is 27.16. Furthermore, MongoDB is likely overvalued compared to the book value of its equity, since its P/B ratio of 34.78 is higher than the sector average of 6.23.
MongoDB Has an Average Rating of Buy:
The 24 analysts following MongoDB have set target prices ranging from $210.0 to $490.0 per share, for an average of $392.54 with a buy rating. As of April 2023, the company is trading -18.7% away from its average target price, indicating that there is an analyst consensus of some upside potential.
MongoDB has an average amount of shares sold short because 6.2% of the company's shares are sold short. Institutions own 92.9% of the company's shares, and the insider ownership rate stands at 3.5%, suggesting a large amount of insider shareholders. The largest shareholder is Price (T.Rowe) Associates Inc, whose 11% stake in the company is worth $2,967,733,544.