On Friday, Monster Beverage Corp (NASDAQ: MNST) was -0.72% drop from the session before settling in for the closing price of $52.68. A 52-week range for MNST has been $43.32 – $61.22.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 13.47%. When this article was written, the company’s average yearly earnings per share was at 8.86%. With a float of $696.42 million, this company’s outstanding shares have now reached $1.04 billion.
Considering the fact that the conglomerate employs 6003 people, you should pay attention to its efficiency factor. 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 Activity
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 66.13%. 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) Earnings and Forecasts
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 8.86% 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
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 6.89. Likewise, its price to free cash flow for the trailing twelve months is 33.06.
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)
Compared to the last year’s volume of 6.94 million, its volume of 5.6 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.23%. Additionally, its Average True Range was 0.96.
During the past 100 days, Monster Beverage Corp’s (MNST) raw stochastic average was set at 80.04%, which indicates a significant increase from 29.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.71% in the past 14 days, which was lower than the 26.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.97, while its 200-day Moving Average is $52.85. Nevertheless, the first resistance level for the watch stands at $52.88 in the near term. At $53.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.87. If the price goes on to break the first support level at $51.90, it is likely to go to the next support level at $51.50. Should the price break the second support level, the third support level stands at $50.91.
Monster Beverage Corp (NASDAQ: MNST) Key Stats
There are 979,544K outstanding shares of the company, which has a market capitalization of 50.86 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.
