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Check out this: Monster Beverage Corp. (MNST) could be on the verge of a big rally

Monster Beverage Corp. (NASDAQ: MNST) is -13.56% lower on its value in year-to-date trading and has touched a low of $47.13 and a high of $61.22 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 $50.18 in the last trading session, with the day’s loss setting it -0.38%.

Currently trading at $49.80, the stock is 0.04% and -4.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.85 million and changing -0.76% at the moment leaves the stock -8.57% off its SMA200. MNST registered -10.86% loss for a year compared to 6-month loss of -13.45%.

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The stock witnessed a -5.05% gain in the last 1 month and extending the period to 3 months gives it a -10.51%, and is -0.20% down 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 1.49% over the week and 1.93% over the month.

Monster Beverage Corp. (MNST) has around 6003 employees, a market worth around $51.88B and $7.34B in sales. Current P/E ratio is 31.39 and Fwd P/E is 24.52. Profit margin for the company is 22.83%. Distance from 52-week low is 5.66% and -18.66% from its 52-week high. The company has generated returns on investments over the last 12 months (19.43%).

with sales reaching $2.02B over the same period.The EPS is expected to grow by 15.08% this year, but quarterly earnings will post 9.80% year-over-year. Quarterly sales are estimated to grow 8.90% in year-over-year returns.

Monster Beverage Corp. (MNST) Top Institutional Holders

The shares outstanding are 1.04B, and float is at 758.60M with Short Float at 4.26%.

Monster Beverage Corp. (MNST) Insider Activity

The most recent transaction is an insider sale by SACKS RODNEY C,the company’sChairman and Co-CEO. SEC filings show that SACKS RODNEY C sold 331,231 shares of the company’s common stock on Jun 11 ’24 at a price of $53.00 per share for a total of $17.56 million. Following the sale, the insider now owns 43618.0 shares.

Monster Beverage Corp. disclosed in a document filed with the SEC on Jun 11 ’24 that SCHLOSBERG HILTON H (Vice Chairman and Co-CEO) sold a total of 331,231 shares of the company’s common stock. The trade occurred on Jun 11 ’24 and was made at $53.00 per share for $17.56 million. Following the transaction, the insider now directly holds 43618.0 shares of the MNST stock.

Still, SEC filings show that on Jun 11 ’24, HALL MARK J (Director) disposed off 235,908 shares at an average price of $53.00 for $12.5 million. The insider now directly holds 296,846 shares of Monster Beverage Corp. (MNST).

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