On Monday, Monster Beverage Corp. (NASDAQ: MNST) opened lower -0.16% from the last sessionbefore settling in for the closing price of $50.83. Price fluctuations for MNST have ranged from $43.32 to $61.22 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 13.47%. Company’s average yearly earnings per share was noted 9.34% at the time writing. With a float of $696.41 million, this company’s outstanding shares have now reached $1.04 billion.
The extent of productivity of a business whose workforce counts for 6003 workers is very important to gauge. In terms of profitability, gross margin is 53.73%, operating margin of 27.26%, and the pretax margin is 29.26%.
Monster Beverage Corp. (MNST) Insider Updates
A key investor’s attitude towards the stock of the Beverages – Non-Alcoholic industry is another important factor to consider. The insider ownership of Monster Beverage Corp. is 28.90%, while institutional ownership is 66.00%. The most recent insider transaction that took place on Jun 11 ’24, was worth 781,801. In this transaction Director of this company sold 15,077 shares at a rate of $51.85, taking the stock ownership to the 68,167 shares. Before that another transaction happened on Jun 11 ’24, when Company’s Director sold 235,908 for $53.00, making the entire transaction worth $12,503,124. This insider now owns 296,846 shares in total.
Monster Beverage Corp. (MNST) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 9.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.11% during the next five years compared to 11.87% growth over the previous five years of trading.
Monster Beverage Corp. (NASDAQ: MNST) Trading Performance Indicators
Check out the current performance indicators for Monster Beverage Corp. (MNST). In the past quarter, the stock posted a quick ratio of 2.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.73. Likewise, its price to free cash flow for the trailing twelve months is 32.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.61, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.92 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 4.52 million was inferior to 7.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.86%. Additionally, its Average True Range was 1.08.
During the past 100 days, Monster Beverage Corp.’s (MNST) raw stochastic average was set at 59.54%, which indicates a significant decrease from 88.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.62% in the past 14 days, which was lower than the 26.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.06, while its 200-day Moving Average is $53.59. Now, the first resistance to watch is $51.22. This is followed by the second major resistance level at $51.69. The third major resistance level sits at $52.07. If the price goes on to break the first support level at $50.37, it is likely to go to the next support level at $49.99. Assuming the price breaks the second support level, the third support level stands at $49.52.
Monster Beverage Corp. (NASDAQ: MNST) Key Stats
There are currently 1,041,728K shares outstanding in the company with a market cap of 49.71 billion. Presently, the company’s annual sales total 7,140 M according to its annual income of 1,631 M. Last quarter, the company’s sales amounted to 1,901 M and its income totaled 425,370 K.
