Monster Beverage Corp (NASDAQ: MNST) is -8.56% 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 $47.81 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $48.06, the stock is -0.64% and -5.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.09 million and changing 0.52% at the moment leaves the stock -6.13% off its SMA200. MNST registered -14.92% loss for a year compared to 6-month gain of 4.34%. The firm has a 50-day simple moving average (SMA 50) of $50.9848 and a 200-day simple moving average (SMA200) of $51.22955.
The stock witnessed a -3.38% loss in the last 1 month and extending the period to 3 months gives it a -12.19%, and is 3.11% 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 2.13% over the week and 2.20% over the month.
Monster Beverage Corp (MNST) has around 6003 employees, a market worth around $46.74B and $7.41B in sales. Current P/E ratio is 30.88 and Fwd P/E is 26.07. Profit margin for the company is 21.66%. Distance from 52-week low is 10.94% and -21.50% 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 6.07% this year, but quarterly earnings will post 4.77% year-over-year. Quarterly sales are estimated to grow 3.86% in year-over-year returns.
Monster Beverage Corp (MNST) Top Institutional Holders
1358.0 institutions hold shares in Monster Beverage Corp (MNST), with institutional investors hold 96.45% of the company’s shares. The shares outstanding are 972.45M, and float is at 688.79M with Short Float at 3.40%. Institutions hold 68.49% 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 5.0956 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’sChief 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).
