Monster Beverage Corp (MNST) concluded trading on Thursday at a closing price of $52.92, with 4.27 million shares of worth about $225.91 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.62% during that period and on December 12, 2024 the price saw a gain of about 1.57%. Currently the company’s common shares owned by public are about 972.45M shares, out of which, 690.88M shares are available for trading.
Stock saw a price change of -0.34% in past 5 days and over the past one month there was a price change of -5.53%. Year-to-date (YTD), MNST shares are showing a performance of -8.14% which decreased to -5.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.32 but also hit the highest price of $61.22 during that period. The average intraday trading volume for Monster Beverage Corp shares is 5.74 million. The stock is currently trading -1.66% below its 20-day simple moving average (SMA20), while that difference is down -0.68% for SMA50 and it goes to 0.55% higher than SMA200.
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Monster Beverage Corp (NASDAQ: MNST) currently have 972.45M outstanding shares and institutions hold larger chunk of about 65.99% of that.
The stock has a current market capitalization of $51.47B and its 3Y-monthly beta is at 0.73. PE ratio of stock for trailing 12 months is 34.00, while it has posted earnings per share of $1.56 in the same period. Its PEG reads 3.29 and has Quick Ratio of 2.51 while making debt-to-equity ratio of 0.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MNST, volatility over the week remained 2.47% while standing at 2.15% over the month.
Stock’s fiscal year EPS is expected to rise by 6.44% while it is estimated to increase by 13.46% in next year. EPS is likely to shrink at an annualized rate of 10.33% for next 5-years, compared to annual growth of 11.87% made by the stock over the past 5-years.
Coverage by Argus stated Monster Beverage Corp (MNST) stock as a Buy in their note to investors on November 12, 2024, suggesting a price target of $65 for the stock. On November 11, 2024, TD Cowen Reiterated their recommendations, while on November 08, 2024, UBS Reiterated their ratings for the stock with a price target of $57. Stock get a Buy rating from Stifel on November 08, 2024.
