Currently, there are 1.04B common shares owned by the public and among those 757.94M shares have been available to trade.
The company’s stock has a 5-day price change of -8.84% and -20.55% over the past three months. MNST shares are trading -16.63% year to date (YTD), with the 12-month market performance down to -17.87% lower. It has a 12-month low price of $47.13 and touched a high of $61.22 over the same period. MNST has an average intraday trading volume of 9.01 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.85%, -10.21%, and -12.69% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Monster Beverage Corp. (NASDAQ: MNST) shares accounts for 66.31% of the company’s 1.04B shares outstanding.
It has a market capitalization of $50.03B and a beta (3y monthly) value of 0.76. The stock’s trailing 12-month PE ratio is 30.27, while the earnings-per-share (ttm) stands at $1.59. The company has a PEG of 2.24 and a Quick Ratio of 4.15 with the debt-to-equity ratio at 0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.78% over the week and 1.86% over the month.
Earnings per share for the fiscal year are expected to increase by 15.46%, and 14.18% over the next financial year. EPS should grow at an annualized rate of 13.49% over the next five years, compared to 11.87% over the past 5-year period.
Looking at the support for the MNST, a number of firms have released research notes about the stock. UBS stated their Neutral rating for the stock in a research note on May 03, 2024, with the firm’s price target at $61-$60. Piper Sandler coverage for the Monster Beverage Corp. (MNST) stock in a research note released on May 03, 2024 offered a Neutral rating with a price target of $59. Morgan Stanley was of a view on May 03, 2024 that the stock is Overweight, while BMO Capital Markets gave the stock Market Perform rating on May 03, 2024, issuing a price target of $58- $56. Truist on their part issued Sell rating on April 25, 2024.
