Mongodb Stock Buy Hold or Sell Recommendation

MDB Stock  USD 227.00  8.82  4.04%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding MongoDB is 'Cautious Hold'. Macroaxis provides MongoDB buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MongoDB positions.
  
Check out MongoDB Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.
In addition, we conduct extensive research on individual companies such as MongoDB and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards MongoDB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Execute MongoDB Buy or Sell Advice

The MongoDB recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MongoDB. Macroaxis does not own or have any residual interests in MongoDB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MongoDB's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell MongoDBBuy MongoDB
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon MongoDB has a Mean Deviation of 1.95, Standard Deviation of 3.72 and Variance of 13.87
Macroaxis provides trade recommendations on MongoDB to complement and cross-verify current analyst consensus on MongoDB. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure MongoDB is not overpriced, please verify all MongoDB fundamentals, including its price to earning, net income, book value per share, as well as the relationship between the revenue and total debt . Given that MongoDB has a price to earning of (15.88) X, we recommend you to check MongoDB market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

MongoDB Trading Alerts and Improvement Suggestions

MongoDB generated a negative expected return over the last 90 days
MongoDB has high historical volatility and very poor performance
The company reported the last year's revenue of 1.68 B. Reported Net Loss for the year was (176.6 M) with profit before taxes, overhead, and interest of 934.74 M.
MongoDB has a poor financial position based on the latest SEC disclosures
Over 94.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: MongoDB Shares Skyrocket, What You Need To Know

MongoDB Returns Distribution Density

The distribution of MongoDB's historical returns is an attempt to chart the uncertainty of MongoDB's future price movements. The chart of the probability distribution of MongoDB daily returns describes the distribution of returns around its average expected value. We use MongoDB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MongoDB returns is essential to provide solid investment advice for MongoDB.
Mean Return
-0.72
Value At Risk
-3.97
Potential Upside
4.79
Standard Deviation
3.72
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MongoDB historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

MongoDB Stock Institutional Investors

Shares
Geode Capital Management, Llc2024-03-31
1.1 M
Ing Investment Management Llc2024-03-31
1.1 M
Bank Of America Corp2024-03-31
M
Norges Bank2023-12-31
797.9 K
Capital Research Global Investors2024-03-31
756.8 K
Morgan Stanley - Brokerage Accounts2024-03-31
755.2 K
First Trust Advisors L.p.2024-03-31
628 K
Marshall Wace Asset Management Ltd2024-03-31
606.4 K
Ameriprise Financial Inc2024-03-31
596.2 K
Vanguard Group Inc2024-03-31
6.9 M
Blackrock Inc2024-03-31
6.4 M
Note, although MongoDB's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

MongoDB Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory4.8M8.0M14.1M41.3M47.5M49.9M
Investments40.5M(262.7M)(839.6M)(23.0M)188.0M197.4M
Change In Cash558.4M(276.5M)44.2M(18.1M)347.1M364.5M
Net Borrowings653.9M(3.8M)(33.2M)(4.5M)(4.1M)(3.9M)
Free Cash Flow(33.1M)(54.4M)(1.1M)(20.2M)115.4M121.2M
Depreciation19.8M24.5M24.5M29.2M32.1M18.0M
Other Non Cash Items27.1M49.3M13.1M(3.2M)(40.4M)(38.4M)
Capital Expenditures3.6M11.8M8.1M7.2M6.1M5.8M
Net Income(175.5M)(266.9M)(306.9M)(345.4M)(176.6M)(185.4M)
End Period Cash Flow706.7M430.2M474.4M456.3M803.0M843.1M
Change To Netincome87.0M149.1M257.5M380.3M437.3M459.2M
Change Receivables(12.7M)(47.6M)(62.3M)(91.5M)(82.3M)(78.2M)

MongoDB Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MongoDB or IT Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MongoDB's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MongoDB stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.72
β
Beta against NYSE Composite0.28
σ
Overall volatility
3.83
Ir
Information ratio -0.19

MongoDB Volatility Alert

MongoDB exhibits very low volatility with skewness of -3.52 and kurtosis of 23.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MongoDB's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MongoDB's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

MongoDB Implied Volatility

MongoDB's implied volatility exposes the market's sentiment of MongoDB stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if MongoDB's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that MongoDB stock will not fluctuate a lot when MongoDB's options are near their expiration.

MongoDB Fundamentals Vs Peers

Comparing MongoDB's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MongoDB's direct or indirect competition across all of the common fundamentals between MongoDB and the related equities. This way, we can detect undervalued stocks with similar characteristics as MongoDB or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MongoDB's fundamental indicators could also be used in its relative valuation, which is a method of valuing MongoDB by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare MongoDB to competition
FundamentalsMongoDBPeer Average
Return On Equity-0.2-0.31
Return On Asset-0.0586-0.14
Profit Margin(0.12) %(1.27) %
Operating Margin(0.22) %(5.51) %
Current Valuation15.8 B16.62 B
Shares Outstanding73.35 M571.82 M
Shares Owned By Insiders3.28 %10.09 %
Shares Owned By Institutions93.50 %39.21 %
Number Of Shares Shorted4.53 M4.71 M
Price To Earning(15.88) X28.72 X
Price To Book23.99 X9.51 X
Price To Sales15.24 X11.42 X
Revenue1.68 B9.43 B
Gross Profit934.74 M27.38 B
EBITDA(233.73 M)3.9 B
Net Income(176.6 M)570.98 M
Cash And Equivalents1.8 B2.7 B
Cash Per Share26.13 X5.01 X
Total Debt1.23 B5.32 B
Debt To Equity1.85 %48.70 %
Current Ratio4.02 X2.16 X
Book Value Per Share17.30 X1.93 K
Cash Flow From Operations121.48 M971.22 M
Short Ratio3.80 X4.00 X
Earnings Per Share(2.93) X3.12 X
Price To Earnings To Growth1.67 X4.89 X
Target Price329.58
Number Of Employees5.04 K18.84 K
Beta1.13-0.15
Market Capitalization16.65 B19.03 B
Total Asset2.87 B29.47 B
Retained Earnings(1.71 B)9.33 B
Working Capital1.92 B1.48 B
Note: Disposition of 1600 shares by Dwight Merriman of MongoDB at 234.65 subject to Rule 16b-3 [view details]

MongoDB Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MongoDB . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About MongoDB Buy or Sell Advice

When is the right time to buy or sell MongoDB? Buying financial instruments such as MongoDB Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Other Current Liabilities161.4M142.8M181.2M94.7M
Total Assets2.4B2.6B2.9B1.5B

Use Investing Ideas to Build Portfolios

In addition to having MongoDB in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Printing and Publishing Thematic Idea Now

Printing and Publishing
Printing and Publishing Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Printing and Publishing Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in MongoDB Stock

When determining whether MongoDB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MongoDB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mongodb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mongodb Stock:
Check out MongoDB Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MongoDB. If investors know MongoDB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MongoDB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.93)
Revenue Per Share
24.534
Quarterly Revenue Growth
0.223
Return On Assets
(0.06)
Return On Equity
(0.20)
The market value of MongoDB is measured differently than its book value, which is the value of MongoDB that is recorded on the company's balance sheet. Investors also form their own opinion of MongoDB's value that differs from its market value or its book value, called intrinsic value, which is MongoDB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MongoDB's market value can be influenced by many factors that don't directly affect MongoDB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MongoDB's value and its price as these two are different measures arrived at by different means. Investors typically determine if MongoDB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MongoDB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.