What Can We Learn From Momentive Global Inc. (MNTV)’s Valuation Ratios?

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Momentive Global Inc. (NASDAQ:MNTV) finished Friday with an addition of $0.08 to close at $7.00, an upside of 1.16 percent. An average of 837,340 shares of common stock have been traded in the last five days. There was a gain of $0.16 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 1,128,360 shares traded, while the 50-day average volume stands at 1,623,852.

MNTV stock has decreased by -11.73% in the last month. The company shares reached their 1-month lowest point of $6.46 on 12/28/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $5.14 and a high of $21.98 in 52 weeks. It has reached a new high 1 time so far this year and lost -66.90% or -$14.15 in price. In spite of this, the price is down -68.15% from the 52-week high.


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Insider Transactions

MNTV stock investors should be aware that Momentive Global Inc. (MNTV) stock had its last reported insider trading activity 44 days ago on Nov 17. In this transaction, the insider spent $41,120. Chief Operating Officer, Carr Priyanka, disposed of 9,176 shares at a price of $8.07 on Nov 16. The insider now owns more than $74,032 worth of shares. Prior to that, Chief Legal Officer & Secty Blum Lora D went on to Sale 5,992 shares at $8.07 each on Nov 16. An amount of $48,343 was transacted.

Valuation Metrics

Momentive Global Inc. (MNTV) stock’s beta is 1.50. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.19, the price-to-book (PB) ratio at 3.95.

Financial Health

The quick ratio of Momentive Global Inc. for the three months ended June 29 was 0.80, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.70 and a total debt to equity ratio of 0.71 for the quarter ending June 29. Its gross profit as reported stood at $357.37 million compared to revenue of $443.79 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Momentive Global Inc.’s return on assets was -14.90%.

Earnings Surprise

For the three-month period that ended June 29, Momentive Global Inc. had $183.39 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$20.33 million in the quarter, while revenues of -$28.55 million were shrunk -12.64%. The analyst consensus anticipated Momentive Global Inc.’s latest quarter earnings to come in at $0.01 per share, but it turned out to be $0, a -100.00% surprise. For the quarter, EBITDA amounted to -$10.05 million. Shareholders own equity worth $148.66 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Momentive Global Inc. (MNTV) price momentum. RSI 9-day as of the close on 30 December was 46.03%, suggesting the stock is Neutral, with historical volatility in this time frame at 42.70%.

As of today, MNTV’s price is $6.81 +2.34% or $0.16 from its 5-day moving average. MNTV is currently trading -10.94% lower than its 20-day SMA and -8.97% lower than its 100-day SMA. However, the stock’s current price level is -7.16% below the SMA50 and -53.92% below the SMA200.

The stochastic %K and %D were 24.84% and 16.25%, respectively, and the average true range (ATR) was 0.35. With the 14-day stochastic at 35.29% and the average true range at 0.37, the RSI (14) stands at 45.46%. The stock has reached -0.04 on the 9-day MACD Oscillator while the 14-day reading was at -0.29.

Analyst Ratings

Craig Hallum upgraded Momentive Global Inc. (NASDAQ: MNTV) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Momentive Global Inc. (MNTV) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell MNTV, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

What is MNTV’s price target for the next 12 months?

Analysts predict a range of price targets between $7.00 and $15.00, with a median target of $11.50. Taking a look at these predictions, the average price target given by analysts for Momentive Global Inc. (MNTV) stock is $11.42.

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