Results: Monday.com Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Results: Monday.com Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
monday.com Ltd. (NASDAQ:MNDY) just released its latest quarterly results and things are looking bullish. The company beat forecasts, with revenue of US$236m, some 3.0% above estimates, and statutory earnings per share (EPS) coming in at US$0.27, 776% ahead of expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
monday.com Ltd.(納斯達克股票簡稱:MNDY)剛剛發佈了最新的季度業績,情況看好。公司營業收入US$23600萬,超出預期3.0%,法定每股收益(EPS)爲US$0.27,超出預期776%。分析師通常會在每個業績時更新他們的預測,我們可以從他們的預測中判斷他們對公司的看法是否改變或是否有任何新的需要注意的問題。考慮到這一點,我們收集了最新的法定預測,以了解分析師們對明年的期望。
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Taking into account the latest results, the most recent consensus for monday.com from 20 analysts is for revenues of US$960.2m in 2024. If met, it would imply a decent 14% increase on its revenue over the past 12 months. Statutory earnings per share are forecast to plunge 44% to US$0.46 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$947.8m and earnings per share (EPS) of US$0.27 in 2024. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the great increase in earnings per share expectations following these results.
考慮到最新的業績結果,20名分析師對monday.com的最新共識是2024年營業收入預計爲US$96020萬。如果實現,這將意味着過去12個月內營收增長了14%。法定每股收益預計在同期下降44%至US$0.46。然而,在最新的業績公佈前,分析師們預計2024年的營業收入將爲US$94780萬,每股收益(EPS)爲US$0.27。營業收入預測沒有實質性的變化,但是從這些結果可以看出,分析師對收益的看法比以前更爲看好,因爲預計收益相較於近期預期有了大幅增長。
The consensus price target rose 11% to US$291, suggesting that higher earnings estimates flow through to the stock's valuation as well. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on monday.com, with the most bullish analyst valuing it at US$340 and the most bearish at US$230 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
共識價格目標上漲11%至US$291,表明更高的收益預期也會反映在股票估值上。但是還有另一種考慮價格目標的方法,那就是看分析師提出的價格目標範圍,因爲廣泛的估計範圍可能暗示對企業可能出現的結果存在多樣化的觀點。對於monday.com,有些不同的看法,最看好的分析師估值爲US$340,最保守的估值爲每股US$230。可以看出,分析師對股票的未來並不一致,但估計範圍仍然相對狹窄,這可能表明結果並不完全不可預測。
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that monday.com's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 29% growth on an annualised basis. This is compared to a historical growth rate of 40% over the past three years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 12% per year. Even after the forecast slowdown in growth, it seems obvious that monday.com is also expected to grow faster than the wider industry.
現在來看看更大的畫面,我們可以通過看他們與過去業績和行業增長預估的比較,來理解這些預測的含義。很明顯,有一個預期,即monday.com的營收增長將大幅放緩,預計到2024年底,年化增長率將顯示29%的增長。這相比過去三年的增長率40%而言要降低。 將這與受分析師關注的其他公司相比,它們的預計營收(總計)每年增長12%。即使在預測的增長放緩之後,monday.com也被認爲是比整個行業增長更快的。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around monday.com's earnings potential next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
對我們來說最重要的是共識每股收益的升級,這表明圍繞monday.com明年的收益潛力,情緒明顯正在好轉。令人高興的是,營收預測沒有發生重大變化,業務仍有望比整個行業增長更快。價格目標也有了不錯的增長,分析師顯然覺得企業內在價值正在提高。
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for monday.com going out to 2026, and you can see them free on our platform here..
記住,我們認爲考慮到更長期的業務軌跡,對於投資者來說更爲重要。在Simply Wall St上,我們對monday.com的所有分析師預測都延伸到2026年,並且可以在我們的平台上免費查看。
It is also worth noting that we have found 1 warning sign for monday.com that you need to take into consideration.
值得注意的是,我們爲monday.com發現了1個警告信號,您需要考慮這一點。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。