Monster Beverage Corp (NASDAQ: MNST) is -9.82% 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 $52.25 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $51.95, the stock is -3.08% and -2.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.64 million and changing -0.57% at the moment leaves the stock -1.11% off its SMA200. MNST registered -5.70% loss for a year compared to 6-month gain of 7.29%. The firm has a 50-day simple moving average (SMA 50) of $53.3558 and a 200-day simple moving average (SMA200) of $52.5653.
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The stock witnessed a -0.10% loss in the last 1 month and extending the period to 3 months gives it a -0.76%, and is -2.00% 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 2.04% over the week and 1.95% over the month.
Monster Beverage Corp (MNST) has around 6003 employees, a market worth around $50.52B and $7.41B in sales. Current P/E ratio is 33.38 and Fwd P/E is 27.92. Profit margin for the company is 21.66%. Distance from 52-week low is 19.92% and -15.15% 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 6.55% this year.
Monster Beverage Corp (MNST) Top Institutional Holders
1339.0 institutions hold shares in Monster Beverage Corp (MNST), with institutional investors hold 96.00% of the company’s shares. The shares outstanding are 972.45M, and float is at 690.88M with Short Float at 2.97%. Institutions hold 68.38% 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 KELLY THOMAS J, the company’s Chief Financial Officer. SEC filings show that KELLY THOMAS J sold 10,000 shares of the company’s common stock on Dec 13 ’24 at a price of $52.65 per share for a total of $0.53 million. Following the sale, the insider now owns 74924.0 shares.
Still, SEC filings show that on Nov 12 ’24, VIDERGAUZ MARK (Director) disposed off 10,000 shares at an average price of $56.21 for $0.56 million. The insider now directly holds 58,167 shares of Monster Beverage Corp (MNST).
