Monster Beverage Corp (NASDAQ: MNST) is -6.79% lower on its value in year-to-date trading and has touched a low of $43.32 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 $53.73 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $53.70, the stock is -0.39% and 2.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.83 million and changing -0.06% at the moment leaves the stock 1.76% off its SMA200. MNST registered -2.04% loss for a year compared to 6-month gain of 1.13%. The firm has a 50-day simple moving average (SMA 50) of $52.5986 and a 200-day simple moving average (SMA200) of $52.77335.
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The stock witnessed a 0.19% loss in the last 1 month and extending the period to 3 months gives it a 15.53%, and is -4.75% 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 3.15% over the week and 2.44% over the month.
Monster Beverage Corp (MNST) has around 6003 employees, a market worth around $52.22B and $7.41B in sales. Current P/E ratio is 34.50 and Fwd P/E is 28.89. Profit margin for the company is 21.66%. Distance from 52-week low is 23.96% and -12.29% from its 52-week high. The company has generated returns on investments over the last 12 months (24.42%).
The EPS is expected to grow by 6.34% this year
1333.0 institutions hold shares in Monster Beverage Corp (MNST), with institutional investors hold 95.95% of the company’s shares. The shares outstanding are 1.04B, and float is at 692.90M with Short Float at 3.00%. Institutions hold 68.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 65.65 million shares valued at $3.28 billion. The investor’s holdings represent 6.3786 of the MNST Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 52.45 million shares valued at $2.62 billion to account for 5.0378 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 42.93 million shares representing 4.1711 and valued at over $2.14 billion, while JPMORGAN CHASE & CO holds 3.1158 of the shares totaling 32.07 million with a market value of $1.6 billion.
Monster Beverage Corp (MNST) Insider Activity
The most recent transaction is an insider sale by VIDERGAUZ MARK, the company’s Director. SEC filings show that VIDERGAUZ MARK sold 10,000 shares of the company’s common stock on Nov 12 ’24 at a price of $56.21 per share for a total of $0.56 million. Following the sale, the insider now owns 58167.0 shares.
Still, SEC filings show that on Jun 11 ’24, VIDERGAUZ MARK (Director) disposed off 15,077 shares at an average price of $51.85 for $0.78 million. The insider now directly holds 68,167 shares of Monster Beverage Corp (MNST).
