On Monday, Monster Beverage Corp. (NASDAQ: MNST) was 2.25% up from the session before settling in for the closing price of $51.18. A 52-week range for MNST has been $43.32 – $61.22.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 13.47%. When this article was written, the company’s average yearly earnings per share was at 9.32%. With a float of $696.42 million, this company’s outstanding shares have now reached $1.04 billion.
Let’s determine the extent of company efficiency that accounts for 6003 employees.
Monster Beverage Corp. (MNST) Breakdown of a Key Holders of the stock
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 28.90%, 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) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, 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. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.32% 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
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 2.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.94. Likewise, its price to free cash flow for the trailing twelve months is 33.32.
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)
Looking closely at Monster Beverage Corp. (NASDAQ: MNST), its last 5-days average volume was 8.31 million, which is a jump from its year-to-date volume of 7.2 million. As of the previous 9 days, the stock’s Stochastic %D was 76.23%. Additionally, its Average True Range was 1.09.
During the past 100 days, Monster Beverage Corp.’s (MNST) raw stochastic average was set at 72.20%, which indicates a significant decrease from 91.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.55% in the past 14 days, which was lower than the 26.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.22, while its 200-day Moving Average is $53.51. However, in the short run, Monster Beverage Corp.’s stock first resistance to watch stands at $52.84. Second resistance stands at $53.36. The third major resistance level sits at $54.28. If the price goes on to break the first support level at $51.41, it is likely to go to the next support level at $50.49. Now, if the price goes above the second support level, the third support stands at $49.97.
Monster Beverage Corp. (NASDAQ: MNST) Key Stats
There are 1,041,728K outstanding shares of the company, which has a market capitalization of 51.26 billion. As of now, sales total 7,140 M while income totals 1,631 M. Its latest quarter income was 1,901 M while its last quarter net income were 425,370 K.
