Monster Beverage Corp (MNST) concluded trading on Wednesday at a closing price of $49.26, with 8.61 million shares of worth about $424.36 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.44% during that period and on January 15, 2025 the price saw a loss of about -1.68%. 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 -4.44% in past 5 days and over the past one month there was a price change of -6.92%. Year-to-date (YTD), MNST shares are showing a performance of -6.28% which decreased to -16.58% 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 5.31 million. The stock is currently trading -4.52% below its 20-day simple moving average (SMA20), while that difference is down -7.16% for SMA50 and it goes to -4.91% lower than SMA200.
Monster Beverage Corp (NASDAQ: MNST) currently have 972.45M outstanding shares and institutions hold larger chunk of about 65.61% of that.
The stock has a current market capitalization of $47.91B and its 3Y-monthly beta is at 0.75. PE ratio of stock for trailing 12 months is 31.65, while it has posted earnings per share of $1.56 in the same period. Its PEG reads 3.10 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 2.25% while standing at 1.92% over the month.
Stock’s fiscal year EPS is expected to rise by 6.43% while it is estimated to increase by 12.82% 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.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Exane BNP Paribas on December 19, 2024 offering an Underperform rating for the stock and assigned a target price range of between $46 and $45 to it. On November 12, 2024, Argus Reiterated their recommendations, while on November 11, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $55. Stock get a Neutral rating from UBS on November 08, 2024.
