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monday.com (MNDY) Competitors

$237.97
+1.87 (+0.79%)
(As of 07/26/2024 ET)

MNDY vs. ESTC, PCOR, CTXS, PCTY, SMAR, SNOW, DDOG, SQ, EA, and VEEV

Should you be buying monday.com stock or one of its competitors? The main competitors of monday.com include Elastic (ESTC), Procore Technologies (PCOR), Citrix Systems (CTXS), Paylocity (PCTY), Smartsheet (SMAR), Snowflake (SNOW), Datadog (DDOG), Block (SQ), Electronic Arts (EA), and Veeva Systems (VEEV).

monday.com vs.

Elastic (NYSE:ESTC) and monday.com (NASDAQ:MNDY) are both large-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, institutional ownership, community ranking, profitability, valuation, analyst recommendations, media sentiment, risk and earnings.

Elastic has higher revenue and earnings than monday.com. Elastic is trading at a lower price-to-earnings ratio than monday.com, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Elastic$1.27B9.13$61.72M$0.53214.60
monday.com$729.70M15.88-$1.88M$0.38631.54

Elastic has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500. Comparatively, monday.com has a beta of 1.3, meaning that its stock price is 30% more volatile than the S&P 500.

Elastic has a net margin of 4.87% compared to Elastic's net margin of 2.53%. Elastic's return on equity of 2.42% beat monday.com's return on equity.

Company Net Margins Return on Equity Return on Assets
Elastic4.87% -20.83% -6.21%
monday.com 2.53%2.42%1.52%

Elastic currently has a consensus target price of $118.05, suggesting a potential upside of 3.41%. monday.com has a consensus target price of $255.53, suggesting a potential upside of 7.00%. Given Elastic's stronger consensus rating and higher possible upside, analysts plainly believe monday.com is more favorable than Elastic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Elastic
0 Sell rating(s)
6 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.71
monday.com
0 Sell rating(s)
5 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.76

Elastic received 216 more outperform votes than monday.com when rated by MarketBeat users. Likewise, 64.78% of users gave Elastic an outperform vote while only 62.42% of users gave monday.com an outperform vote.

CompanyUnderperformOutperform
ElasticOutperform Votes
309
64.78%
Underperform Votes
168
35.22%
monday.comOutperform Votes
93
62.42%
Underperform Votes
56
37.58%

In the previous week, monday.com had 9 more articles in the media than Elastic. MarketBeat recorded 17 mentions for monday.com and 8 mentions for Elastic. Elastic's average media sentiment score of 0.88 beat monday.com's score of 0.59 indicating that monday.com is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Elastic
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
monday.com
6 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

97.0% of Elastic shares are owned by institutional investors. Comparatively, 73.7% of monday.com shares are owned by institutional investors. 18.1% of Elastic shares are owned by company insiders. Comparatively, 22.3% of monday.com shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

monday.com beats Elastic on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MNDY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MNDY vs. The Competition

Metricmonday.comPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$11.59B$23.00B$21.66B$8.25B
Dividend YieldN/A2.05%2.67%3.96%
P/E Ratio631.5459.55242.2715.99
Price / Sales15.888.92591.1879.96
Price / Cash1,552.7768.7731.1434.13
Price / Book14.249.496.774.50
Net Income-$1.88M$374.40M$630.42M$216.46M
7 Day Performance4.96%1.90%0.46%1.44%
1 Month Performance4.56%5.10%3.91%7.52%
1 Year Performance34.18%2.96%11.84%2.71%

monday.com Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ESTC
Elastic
1.1518 of 5 stars
1.15 / 5 stars
$113.63
+2.9%
$118.05
+3.9%
+76.3%$11.56B$1.27B214.403,187Positive News
PCOR
Procore Technologies
2.6895 of 5 stars
2.69 / 5 stars
$67.67
-0.5%
$80.67
+19.2%
-6.5%$9.90B$950.01M-70.493,694Upcoming Earnings
Insider Selling
News Coverage
CTXS
Citrix Systems
0 of 5 stars
0.00 / 5 stars
$103.90
flat
N/A+0.0%$13.18B$3.22B40.129,700News Coverage
PCTY
Paylocity
4.974 of 5 stars
4.97 / 5 stars
$147.60
+3.7%
$187.88
+27.3%
-33.5%$8.33B$1.17B42.916,100Upcoming Earnings
Insider Selling
Short Interest ↓
News Coverage
SMAR
Smartsheet
3.8094 of 5 stars
3.81 / 5 stars
$47.20
-0.4%
$52.00
+10.2%
+11.5%$6.53B$958.34M-76.133,330Options Volume
SNOW
Snowflake
4.67 of 5 stars
4.67 / 5 stars
$129.53
+3.1%
$197.31
+52.3%
-27.8%$43.37B$2.81B-46.267,004
DDOG
Datadog
4.8571 of 5 stars
4.86 / 5 stars
$120.31
+2.5%
$138.21
+14.9%
+4.3%$40.24B$2.13B375.975,200Short Interest ↓
SQ
Block
4.6841 of 5 stars
4.68 / 5 stars
$61.58
-0.2%
$87.25
+41.7%
-19.9%$38.00B$21.92B79.9812,985Upcoming Earnings
Analyst Forecast
Short Interest ↓
EA
Electronic Arts
4.1191 of 5 stars
4.12 / 5 stars
$141.80
+0.4%
$152.56
+7.6%
+1.6%$37.68B$7.56B30.3013,700Upcoming Earnings
Analyst Forecast
News Coverage
VEEV
Veeva Systems
4.7031 of 5 stars
4.70 / 5 stars
$186.60
+1.3%
$228.27
+22.3%
-4.7%$30.16B$2.36B55.047,172Analyst Revision
News Coverage

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This page (NASDAQ:MNDY) was last updated on 7/26/2024 by MarketBeat.com Staff

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