Monster Beverage Corp. (MNST) Moves -1.46% Lower: These Numbers are Too Good to be True

Monster Beverage Corp. (NASDAQ: MNST) started the day on Thursday, with a price decrease of -1.46% at $53.46, before settling in for the price of $54.25 at the close. Taking a more long-term approach, MNST posted a 52-week range of $47.13-$61.22.

In the past 5-years timespan, the Consumer Defensive sector firm’s annual sales growth was 13.47%. Meanwhile, its Annual Earning per share during the time was 11.87%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 17.79%. This publicly-traded company’s shares outstanding now amounts to $1.04 billion, simultaneously with a float of $767.10 million. The organization now has a market capitalization sitting at $55.63 billion. At the time of writing, stock’s 50-day Moving Average stood at $57.21, while the 200-day Moving Average is $55.86.

Monster Beverage Corp. (MNST) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Beverages – Non-Alcoholic Industry. Monster Beverage Corp.’s current insider ownership accounts for 26.29%, in contrast to 65.61% institutional ownership. According to the most recent insider trade that took place on Mar 04 ’24, this organization’s Director sold 659,000 shares at the rate of 58.55, making the entire transaction reach 38,584,450 in total value, affecting insider ownership by 777,840. Preceding that transaction, on Dec 14 ’23, Company’s President of EMEA sold 34,553 for 55.55, making the whole transaction’s value amount to 1,919,419. This particular insider is now the holder of 0 in total.

Monster Beverage Corp. (MNST) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 53.46 per share during the current fiscal year.

Monster Beverage Corp.’s EPS increase for this current 12-month fiscal period is 17.79% and is forecasted to reach 2.06 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.30% through the next 5 years, which can be compared against the 11.87% growth it accomplished over the previous five years trading on the market.

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

Let’s observe the current performance indicators for Monster Beverage Corp. (MNST). It’s Quick Ratio in the last reported quarter now stands at 3.97. The Stock has managed to achieve an average true range (ATR) of 1.05. Alongside those numbers, its PE Ratio stands at $34.68, and its Beta score is 0.73. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.79. Similarly, its price to free cash flow for trailing twelve months is now 37.18.

In the same vein, MNST’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.54, a figure that is expected to reach 0.44 in the next quarter, and analysts are predicting that it will be 2.06 at the market close of one year from today.

Technical Analysis of Monster Beverage Corp. (MNST)

If we take a close look at the recent performances of Monster Beverage Corp. (NASDAQ: MNST), its last 5-days Average volume was 6.29 million that shows progress from its year to date volume of 5.3 million. During the previous 9 days, stock’s Stochastic %D was recorded 22.99% While, its Average True Range was 1.07.

Raw Stochastic average of Monster Beverage Corp. (MNST) in the period of the previous 100 days is set at 3.18%, which indicates a major fall in contrast to 4.01% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 15.49% that was lower than 18.72% volatility it exhibited in the past 100-days period.