Monster Beverage Corp (NASDAQ: MNST) is -6.35% 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 $49.42 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $49.22, the stock is -3.90% and -6.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.65 million and changing -0.40% at the moment leaves the stock -4.79% off its SMA200. MNST registered -14.03% loss for a year compared to 6-month gain of -3.28%. The firm has a 50-day simple moving average (SMA 50) of $52.911 and a 200-day simple moving average (SMA200) of $51.72755.
The stock witnessed a -5.26% loss in the last 1 month and extending the period to 3 months gives it a -7.90%, and is -1.54% 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 2.30% over the week and 1.97% over the month.
Monster Beverage Corp (MNST) has around 6003 employees, a market worth around $47.87B and $7.41B in sales. Current P/E ratio is 31.62 and Fwd P/E is 26.64. Profit margin for the company is 21.66%. Distance from 52-week low is 13.62% and -19.61% from its 52-week high. The company has generated returns on investments over the last 12 months (24.42%).
with sales reaching $1.8B over the same period.The EPS is expected to grow by 6.44% this year, but quarterly earnings will post 4.79% year-over-year. Quarterly sales are estimated to grow 3.90% in year-over-year returns.
Monster Beverage Corp (MNST) Top Institutional Holders
1342.0 institutions hold shares in Monster Beverage Corp (MNST), with institutional investors hold 95.27% of the company’s shares. The shares outstanding are 972.45M, and float is at 690.88M with Short Float at 3.25%. Institutions hold 67.86% 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).
