Monster Beverage Corp (MNST) concluded trading on Wednesday at a closing price of $51.54, with 4.76 million shares of worth about $245.14 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.88% during that period and on December 18, 2024 the price saw a loss of about -0.79%. 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 -1.07% in past 5 days and over the past one month there was a price change of -3.25%. Year-to-date (YTD), MNST shares are showing a performance of -10.54% which decreased to -6.80% 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 5.72 million. The stock is currently trading -3.65% below its 20-day simple moving average (SMA20), while that difference is down -3.58% for SMA50 and it goes to -1.83% lower than SMA200.
Monster Beverage Corp (NASDAQ: MNST) currently have 972.45M outstanding shares and institutions hold larger chunk of about 65.97% of that.
The stock has a current market capitalization of $50.12B and its 3Y-monthly beta is at 0.74. PE ratio of stock for trailing 12 months is 33.11, while it has posted earnings per share of $1.56 in the same period. Its PEG reads 3.24 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 1.86% while standing at 1.87% over the month.
Stock’s fiscal year EPS is expected to rise by 6.55% while it is estimated to increase by 13.38% in next year. EPS is likely to shrink at an annualized rate of 10.22% 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.
