MongoDB (NASDAQ:MDB – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.330-2.470 for the period, compared to the consensus EPS estimate of 2.260. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion. MongoDB also updated its FY25 guidance to $2.33-2.47 EPS.
MongoDB Trading Up 15.0 %
Shares of NASDAQ MDB traded up $36.91 during midday trading on Friday, reaching $282.63. The stock had a trading volume of 3,441,135 shares, compared to its average volume of 1,492,681. MongoDB has a twelve month low of $212.74 and a twelve month high of $509.62. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.93 and a current ratio of 4.93. The company’s 50 day moving average price is $246.96 and its 200 day moving average price is $317.33. The firm has a market cap of $20.73 billion, a price-to-earnings ratio of -100.58 and a beta of 1.13.
MongoDB (NASDAQ:MDB – Get Free Report) last announced its quarterly earnings data on Thursday, May 30th. The company reported ($0.80) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.80). The company had revenue of $450.56 million for the quarter, compared to the consensus estimate of $438.44 million. MongoDB had a negative return on equity of 14.88% and a negative net margin of 11.50%. As a group, sell-side analysts expect that MongoDB will post -2.67 EPS for the current year.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on MDB
Insider Activity at MongoDB
In other news, CRO Cedric Pech sold 273 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $265.29, for a total value of $72,424.17. Following the sale, the executive now directly owns 35,719 shares of the company’s stock, valued at $9,475,893.51. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CRO Cedric Pech sold 273 shares of MongoDB stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $265.29, for a total transaction of $72,424.17. Following the completion of the sale, the executive now owns 35,719 shares in the company, valued at approximately $9,475,893.51. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Dwight A. Merriman sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $231.00, for a total transaction of $462,000.00. Following the completion of the transaction, the director now owns 1,140,006 shares in the company, valued at $263,341,386. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 30,179 shares of company stock worth $7,368,989. 3.60% of the stock is owned by corporate insiders.
MongoDB Company Profile
MongoDB, Inc, together with its subsidiaries, provides general purpose database platform worldwide. The company provides MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.
Further Reading
- Five stocks we like better than MongoDB
- How to Calculate Options Profits
- The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win?
- Options Trading – Understanding Strike Price
- Are These Chinese Stocks a Buy? Michael Burry’s Top Picks Say Yes
- The Role Economic Reports Play in a Successful Investment Strategy
- Five Below Stock Faces Challenges Despite Strong Revenue Growth
Receive News & Ratings for MongoDB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MongoDB and related companies with MarketBeat.com's FREE daily email newsletter.