What should you know before buying stock in Monster Beverage Corp. (MNST)

Monster Beverage Corp. (NASDAQ: MNST) is -3.38% lower on its value in year-to-date trading and has touched a low of $47.13 and a high of $60.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MNST stock was last observed hovering at around $56.49 in the last trading session, with the day’s loss setting it -0.83%.

Currently trading at $55.66, the stock is -1.19% and -0.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.89 million and changing -1.47% at the moment leaves the stock -0.73% off its SMA200. MNST registered 9.04% gain for a year compared to 6-month gain of -4.20%. The firm has a 50-day simple moving average (SMA 50) of $7.93 and a 200-day simple moving average (SMA200) of $28.69.

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The stock witnessed a -5.52% loss in the last 1 month and extending the period to 3 months gives it a 0.00%, and is 0.56% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.59% over the week and 1.57% over the month.

Current P/E ratio is 37.66 and Fwd P/E is 30.57. Profit margin for the company is 22.62%. Distance from 52-week low is 18.10% and -7.95% from its 52-week high. The company has generated returns on investments over the last 12 months (19.79%).

Monster Beverage Corp. quarterly earnings per share for the current quarter are estimated at $0.38 with sales reaching $1.76B over the same period.The EPS is expected to grow by 40.56% this year, but quarterly earnings will post 13.50% year-over-year. Quarterly sales are estimated to grow 16.10% in year-over-year returns.

Monster Beverage Corp. (MNST) Top Institutional Holders

1,335 institutions hold shares in Monster Beverage Corp. (MNST), with institutional investors hold 95.56% of the company’s shares. The shares outstanding are 1.04B, and float is at 746.25M with Short Float at 1.50%. Institutions hold 68.59% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 63.49 million shares valued at $3.65 billion. The investor’s holdings represent 6.06% of the MNST Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 53.32 million shares valued at $3.06 billion to account for 5.09% of the shares outstanding. The other top investors are FMR, LLC which holds 39.45 million shares representing 3.77% and valued at over $2.27 billion, while Alliancebernstein L.P. holds 3.55% of the shares totaling 37.17 million with a market value of $2.14 billion.

Monster Beverage Corp. (MNST) Insider Activity

A total of 3 insider transactions have happened at Monster Beverage Corp. (MNST) in the last six months, with sales accounting for 3 and purchases happening 0 times. The most recent transaction is an insider sale by Carling Guy ,the company’sPresident of EMEA. SEC filings show that Carling Guy sold 34,553 shares of the company’s common stock on Dec 14 at a price of $55.55 per share for a total of $1.92 million. Following the sale, the insider now owns 0.0 shares.

Monster Beverage Corp. disclosed in a document filed with the SEC on Nov 22 that KELLY THOMAS J (Chief Financial Officer) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Nov 22 and was made at $55.19 per share for $1.66 million. Following the transaction, the insider now directly holds 60056.0 shares of the MNST stock.

Still, SEC filings show that on Nov 22, VIDERGAUZ MARK (Director) disposed off 2,000 shares at an average price of $55.39 for $0.11 million. The insider now directly holds 79,270 shares of Monster Beverage Corp. (MNST).

Monster Beverage Corp. (MNST): Who are the competitors?

The company’s main competitors (and peers) include Nestle S.A. (NESN) that is trading -13.19% down over the past 12 months. Coca-Cola Co. (KO) that is -1.72% lower over the same period.