Last Week, Monster Beverage Corporation (MNST) Recorded A Gain Of $50.68


At the last check on Friday, Monster Beverage Corporation’s (NASDAQ:MNST) stock was down -$0.47, moving down -0.46 percent to $103.46. The average number of shares traded per day over the past five days has been 2,007,995 shares. 4 times new highs have been achieved over the past 5 days, with a $4.56 gain in that time frame. In the last twenty days, the average volume was 2,574,679, while in the previous 50 days, it was 2,572,248.

Since last month, MNST stock rose 13.39%. Shares of the company fell to $90.12 on 11/03/22, the lowest level in the past month. A 52-week high of $104.42 was reached on 11/23/22 after having rallying from a 52-week low of $71.78. Since the beginning of this year, MNST’s stock price has risen by 8.22% or $7.48, and marked a new high 10 times. However, the stock has declined by -0.92% since its 52-week high.

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MNST stock investors should be aware that Monster Beverage Corporation (MNST) stock had its last reported insider trading activity 9 days ago on Nov 16. Tirre Emelie, the President of the Americas of the company, disposed of 74,998 shares for $98.96 on Nov 16. It resulted in a $7,421,802 divestment by the insider. Carling Guy sold 36,250 shares at an average price of $97.66 on Nov 11. The insider now owns 25,901 shares following the transaction. On Sep 12, Chief Financial Officer KELLY THOMAS J sold 16,996 shares at $93.92 apiece. The transaction was valued at $1,596,264.

Valuation Metrics

Right now, Monster Beverage Corporation (MNST) has a P/E ratio of about 45.40. The stock’s beta is 0.90. Besides these, the trailing price-to-sales (P/S) ratio of 8.96, the price-to-book (PB) ratio of 8.07, and the price-to-cash flow ratio of 94.09 may also be considered.

Financial Health

In the three months ended June 29, Monster Beverage Corporation’s quick ratio stood at 3.50, while its current ratio was 4.30, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 51.80% percent. In the year ended June 29, operating margins totaled 27.10%. Based on annual data, MNST earned $3.11 billion in gross profit and brought in $5.54 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 20.90%. Return on equity (ROE) for the past 12 months was 18.50%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. MNST’s revenue rose 23.42% to $1.43 billion during the quarter, while net income inched up to $1.62 billion. While analysts expected Monster Beverage Corporation to report $0.7 quarterly earnings, the actual figure was $0.51 per share, beating the consensus estimate by -27.10%. During the quarter, the company generated $433.54 million in EBITDA. The liabilities of Monster Beverage Corporation were 1.39 billion at the end of its most recent quarter ended June 29, and its total debt was $37.95 million. The value of shareholders’ equity is $521.74 million.

Technical Picture

This quick technical analysis looks at Monster Beverage Corporation’s (MNST) price momentum. With a historical volatility rate of 14.50%, the RSI 9-day stood at 73.00% on 23 November.

With respect to its five-day moving average, the current Monster Beverage Corporation price is up by +4.61% percent or $4.56. At present, MNST shares trade +12.85% above its 20-day simple moving average and +6.29% percent above its 100-day simple moving average. However, the stock is currently trading approximately +18.48% above its SMA50 and +19.97% above its SMA200.

Stochastic coefficient K was 92.82% and Stochastic coefficient D was 95.08%, while ATR was 1.97. Given the Stochastic reading of 89.18% for the 14-day period, the RSI (14) reading has been calculated as 69.15%. As of today, the MACD Oscillator reading stands at 3.02, while the 14-day reading stands at 3.89.

Analyst Ratings

Wells Fargo reiterated its an Overweight rating on Monster Beverage Corporation (NASDAQ: MNST) in a note to investors. The analysts firm has however raised their price target to $105, representing a possible -3.46% increase in the stock price. Monster Beverage Corporation (MNST) has been rated Overweight by analysts. According to 0 brokerage firms, MNST is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Monster Beverage Corporation stock as buy, with 12 recommending it as overweight.

With a median target price of $105.00, the current consensus forecast for the stock is $88.00 – $120.00. Based on these forecasts, analysts predict Monster Beverage Corporation (MNST) will achieve an average price target of $103.77.


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