On Tuesday, Monster Beverage Corp. (NASDAQ: MNST) opened lower -0.32% from the last session, before settling in for the closing price of $53.77. Price fluctuations for MNST have ranged from $43.32 to $61.22 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 13.47%. Company’s average yearly earnings per share was noted 9.08% at the time writing. 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. 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) Breakdown of a Key Holders of the stock
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 65.97%. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.41 earnings per share (EPS) for the quarter, besting the agreed prediction (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 9.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.87% 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 7.11. Likewise, its price to free cash flow for the trailing twelve months is 34.13.
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 1.91 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 5.55 million, which is a drop from its year-to-date volume of 7.03 million. As of the previous 9 days, the stock’s Stochastic %D was 87.46%. Additionally, its Average True Range was 0.99.
During the past 100 days, Monster Beverage Corp.’s (MNST) raw stochastic average was set at 91.62%, which indicates a significant increase from 83.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.07% in the past 14 days, which was lower than the 27.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.97, while its 200-day Moving Average is $53.06. However, in the short run, Monster Beverage Corp.’s stock first resistance to watch stands at $53.88. Second resistance stands at $54.15. The third major resistance level sits at $54.47. If the price goes on to break the first support level at $53.29, it is likely to go to the next support level at $52.97. Now, if the price goes above the second support level, the third support stands at $52.70.
Monster Beverage Corp. (NASDAQ: MNST) Key Stats
There are currently 1,041,728K shares outstanding in the company with a market cap of 52.50 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.
