NASDAQ:MOND

Mondee (MOND) Stock Forecast, Price & News

$3.23

-0.31 (-8.76%)

(As of 05:37 PM ET)

Compare

Today's Range: $3.12
▼
$3.78
50-Day Range: $3.48
▼
$8.56
52-Week Range: $3.12
▼
$14.25

Volume: 1.02 million shs
Average Volume: 206,399 shs
Market Capitalization: $273.52 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.86

Mondee MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 266.0% Upside
$11.86 Price Target
Short Interest: Healthy
3.48% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.35
Based on 10 Articles This Week
Insider Trading: Acquiring Shares
$384,380 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.48) to ($0.06) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Business Services Sector

121st out of 317 stocks

Transportation Services Industry

7th out of 17 stocks

3.5

Analyst's Opinion

Consensus Rating
Mondee has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.86, Mondee has a forecasted upside of 266.0% from its current price of $3.24.
Amount of Analyst Coverage
Mondee has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.48% of the float of Mondee has been sold short.
Short Interest Ratio / Days to Cover
Mondee has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Mondee has recently increased by 4.04%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Mondee does not currently pay a dividend.
Dividend Growth
Mondee does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MOND.

2.4

News and Social Media Coverage

News Sentiment
Mondee has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Mondee this week, compared to 2 articles on an average week.
Search Interest
5 people have searched for MOND on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mondee insiders have bought more of their company's stock than they have sold. Specifically, they have bought $384,380.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
46.10% of the stock of Mondee is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 21.62% of the stock of Mondee is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Mondee are expected to grow in the coming year, from ($0.48) to ($0.06) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mondee is -2.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mondee is -2.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Mondee (NASDAQ:MOND) Stock

Mondee Holdings, Inc. operates as a travel technology company in the leisure and corporate travel markets in the United States and internationally. The company operates through two segments, Travel Marketplace and SaaS Platform. The Travel Marketplace segment primarily engages in sale of airline tickets through its platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The company connects a network of leisure travel and gig economy workers, vacation homes, hotels, packaged solutions, and ancillary offerings. The company was founded in 2011 and is headquartered in Austin, Texas.

MOND Price History

30 days | 90 days | 365 days | Advanced Chart

MOND Stock News Headlines

September 24, 2023 | americanbankingnews.com

Roth Mkm Reiterates Buy Rating for Mondee (NASDAQ:MOND)

September 22, 2023 | markets.businessinsider.com

Dow Edges Lower; Mondee Holdings Shares Surge

September 27, 2023 | UNKNOWN (Ad)

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September 22, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Malibu Boats (MBUU) and Mondee Holdings (MOND)

September 22, 2023 | seekingalpha.com

Mondee climbs 5% on $30M buyback

September 22, 2023 | markets.businessinsider.com

Mondee To Repurchase Up To $30 Mln Of Shares

September 21, 2023 | finance.yahoo.com

Mondee Announces Inaugural Share Repurchase Program of Up to $30 Million

September 21, 2023 | marketwatch.com

Mondee Board Approves $30 Million Share Buyback Program

September 27, 2023 | UNKNOWN (Ad)

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September 19, 2023 | americanbankingnews.com

Mondee (NASDAQ:MOND) Earns Overweight Rating from Cantor Fitzgerald

September 12, 2023 | markets.businessinsider.com

7 Analysts Have This to Say About Mondee Hldgs

September 1, 2023 | finance.yahoo.com

Mondee to Participate in Fireside Chat at Citi’s 2023 Global Technology Conference

August 31, 2023 | msn.com

The Pros And Cons Of Investing In Mondee Holdings

August 21, 2023 | benzinga.com

Mondee Hldgs Chief Executive Officer Makes $73K Stock Purchase

August 21, 2023 | finance.yahoo.com

CEO Prasad Gundumogula Buys 11,000 Shares of Mondee Holdings Inc

August 18, 2023 | finance.yahoo.com

Why Mondee Holdings Stock Fell This Week

August 17, 2023 | finance.yahoo.com

Mondee Holdings, Inc. (NASDAQ:MOND) Q2 2023 Earnings Call Transcript

August 16, 2023 | finance.yahoo.com

Mondee Holdings (NASDAQ:MOND investor one-year losses grow to 45% as the stock sheds US$79m this past week

August 16, 2023 | finance.yahoo.com

Q2 2023 Mondee Holdings Inc Earnings Call

August 15, 2023 | skift.com

Mondee Buys Its Fourth Company This Year

August 15, 2023 | finance.yahoo.com

Mondee Holdings, Inc. (MOND) Reports Q2 Loss, Tops Revenue Estimates

August 15, 2023 | seekingalpha.com

Mondee Holdings, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 15, 2023 | finance.yahoo.com

Mondee Q2 2023 Results: Disrupts Travel with Revolutionary AI Platform; Delivers Exceptional Growth

August 14, 2023 | benzinga.com

Preview: Mondee Hldgs's Earnings

August 14, 2023 | markets.businessinsider.com

Mondee Acquires Travel Marketplace Skypass, Bringing AI To SMEs

August 2, 2023 | msn.com

Mondee security lapse exposed flight itineraries and unencrypted credit card numbers

August 1, 2023 | finance.yahoo.com

Mondee to Report Second Quarter 2023 Financial Results on August 15, 2023

See More Headlines

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MOND Company Calendar

Last Earnings: 8/15/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Transportation services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:MOND
CUSIP: N/A
CIK: 1828852
Web: www.mondee.com
Phone: 650-646-3320
Fax: N/A
Employees: 932
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.86
High Stock Price Forecast: $17.00
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +266.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.48)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-90,240,000.00
Net Margins: -57.12%
Pretax Margin: -57.12%
Return on Equity: N/A
Return on Assets: -7.69%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.24
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $159.35 million
Price / Sales: 1.72
Cash Flow: $0.00 per share
Price / Cash Flow: 956.64
Book Value: ($0.36) per share
Price / Book: -9.00

Miscellaneous

Outstanding Shares: 84,680,000
Free Float: 45,645,000
Market Cap: $274.36 million
Optionable: Not Optionable
Beta: -0.22

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Key Executives

Mr. Prasad Gundumogula (Age 47)
Founder, Chairman & CEO
Comp: $295.57k

Mr. Orestes Fintiklis (Age 43)
Chief Corp. Strategy & Bus. Devel. Officer and Vice Chairman
Comp: $122.96k

Mr. James W. S. Dullum (Age 69)
Chief Operating Officer
Comp: $300k

Mr. Jesus Portillo (Age 47)
Chief Financial Officer

Mr. Venkat Pasupuleti (Age 59)
Chief Technology Officer

Jeff Houston C.F.A.
Sr. VP of Investor & PR

Ms. Meredith Waters (Age 42)
Gen. Counsel

Ms. Kymber Lowe
Chief Marketing Officer

Ms. Geetika Gupta
Chief People Officer

Mr. Yuvraj Datta (Age 53)
Chief Commercial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MOND Stock - Frequently Asked Questions

Should I buy or sell Mondee stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mondee in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MOND shares.
View MOND analyst ratings or view top-rated stocks.
What is Mondee's stock price forecast for 2023?: 7 Wall Street research analysts have issued 1-year price objectives for Mondee's stock. Their MOND share price forecasts range from $9.00 to $17.00. On average, they anticipate the company's stock price to reach $11.86 in the next twelve months. This suggests a possible upside of 266.0% from the stock's current price.
View analysts price targets for MOND or view top-rated stocks among Wall Street analysts.
How have MOND shares performed in 2023?: Mondee's stock was trading at $10.8806 at the beginning of the year. Since then, MOND stock has decreased by 70.2% and is now trading at $3.24.
View the best growth stocks for 2023 here.
When is Mondee's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our MOND earnings forecast.
How were Mondee's earnings last quarter?: Mondee Holdings, Inc. (NASDAQ:MOND) announced its quarterly earnings results on Tuesday, August, 15th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. The firm earned $56.77 million during the quarter, compared to analyst estimates of $55.25 million.
What ETF holds Mondee's stock ?: ETFMG Travel Tech ETF holds 34,157 shares of MOND stock, representing 0.23% of its portfolio.

What guidance has Mondee issued on next quarter's earnings?: Mondee issued an update on its FY 2023 earnings guidance on Tuesday, August, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $245.00 million-$250.00 million, compared to the consensus revenue estimate of $241.86 million.
What is Mondee's stock symbol?: Mondee trades on the NASDAQ under the ticker symbol "MOND."
Who are Mondee's major shareholders?: Mondee's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.70%), Citadel Advisors LLC (0.80%), State Street Corp (0.80%), Geode Capital Management LLC (0.59%), Northern Trust Corp (0.37%) and Monashee Investment Management LLC (0.30%). Insiders that own company stock include Orestes Fintiklis, Prasad Gundumogula, Stanley Morgan and Venkat Pasupuleti.
View institutional ownership trends.
How do I buy shares of Mondee?: Shares of MOND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Mondee's stock price today?: One share of MOND stock can currently be purchased for approximately $3.24.
How much money does Mondee make?: Mondee (NASDAQ:MOND) has a market capitalization of $274.36 million and generates $159.35 million in revenue each year. The company earns $-90,240,000.00 in net income (profit) each year or ($1.48) on an earnings per share basis.
How many employees does Mondee have?: The company employs 932 workers across the globe.
How can I contact Mondee?: Mondee's mailing address is 555 MADISON AVENUE SUITE 11A, NEW YORK NY, 10022. The official website for the company is www.mondee.com. The company can be reached via phone at 650-646-3320 or via email at ir@mondee.com.

This page (NASDAQ:MOND) was last updated on 9/27/2023 by MarketBeat.com Staff

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Mondee (MOND) Stock Forecast, Price & News

Mondee MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Mondee (NASDAQ:MOND) Stock

MOND Price History

MOND Stock News Headlines

MOND Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MOND Stock - Frequently Asked Questions

Overall MarketRank^™