Monster Beverage Corp. (MNST)’s latest performance is not what we had anticipated

November 20, 2023, Monster Beverage Corp. (NASDAQ: MNST) trading session started at the price of $54.65, that was 0.05% jump from the session before. During the day, the shares moved up to $55.04 and dropped to $54.375 before settling in for the closing price of $54.79. A 52-week range for MNST has been $47.13 – $60.47.

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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 13.44%. When this article was written, the company’s average yearly earnings per share was at 40.52%. With a float of $747.80 million, this company’s outstanding shares have now reached $1.04 billion.

The extent of productivity of a business whose workforce counts for 5296 workers is very important to gauge. In terms of profitability, gross margin is +50.30, operating margin of +25.11, and the pretax margin is +24.91.

Monster Beverage Corp. (MNST) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Monster Beverage Corp. stocks. The insider ownership of Monster Beverage Corp. is 28.13%, while institutional ownership is 66.04%. The most recent insider transaction that took place on Aug 21, was worth 6,640. In this transaction Director of this company sold 116 shares at a rate of $57.24, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 14, when Company’s Director sold 56,202 for $58.81, making the entire transaction worth $3,305,240. This insider now owns 1,027,840 shares in total.

Monster Beverage Corp. (MNST) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $0.41 earnings per share (EPS) during the time that was better than consensus figure (set at $0.4) by $0.01. This company achieved a net margin of +18.88 while generating a return on equity of 17.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 40.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.64% during the next five years compared to 9.49% growth over the previous five years of trading.

Monster Beverage Corp. (NASDAQ: MNST) Trading Performance Indicators

You can see what Monster Beverage Corp. (MNST) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.24. Likewise, its price to free cash flow for the trailing twelve months is 40.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.48, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.82 in one year’s time.

Technical Analysis of Monster Beverage Corp. (MNST)

The latest stats from [Monster Beverage Corp., MNST] show that its last 5-days average volume of 5.84 million was superior to 4.59 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.35%. Additionally, its Average True Range was 1.09.

During the past 100 days, Monster Beverage Corp.’s (MNST) raw stochastic average was set at 63.53%, which indicates a significant increase from 48.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.53% in the past 14 days, which was higher than the 24.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $52.84, while its 200-day Moving Average is $54.93. Now, the first resistance to watch is $55.12. This is followed by the second major resistance level at $55.41. The third major resistance level sits at $55.78. If the price goes on to break the first support level at $54.45, it is likely to go to the next support level at $54.08. Assuming the price breaks the second support level, the third support level stands at $53.78.

Monster Beverage Corp. (NASDAQ: MNST) Key Stats

There are 1,040,441K outstanding shares of the company, which has a market capitalization of 57.04 billion. As of now, sales total 6,311 M while income totals 1,192 M. Its latest quarter income was 1,856 M while its last quarter net income were 452,690 K.


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