Monster Beverage Corp (NASDAQ: MNST) on Friday, plunged -7.08% from the previous trading day, before settling in for the closing price of $55.96. Within the past 52 weeks, MNST’s price has moved between $43.32 and $61.22.
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Consumer Defensive Sector giant saw their annual sales surged by 13.47% over the last five years. The company achieved an average annual earnings per share of 6.34%. With a float of $692.89 million, this company’s outstanding shares have now reached $1.04 billion.
The firm has a total of 6003 workers. Let’s measure their productivity. In terms of profitability, gross margin is 53.77%, operating margin of 26.76%, and the pretax margin is 27.71%.
Monster Beverage Corp (MNST) Insider Activity
Observing investor behavior towards Beverages – Non-Alcoholic industry stocks is more important than anything else. The insider ownership of Monster Beverage Corp is 28.75%, while institutional ownership is 66.07%. The most recent insider transaction that took place on Nov 12 ’24, was worth 562,100. In this transaction Director of this company sold 10,000 shares at a rate of $56.21, taking the stock ownership to the 58,167 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Director proposed sale 10,000 for $56.06, making the entire transaction worth $560,649.
Monster Beverage Corp (MNST) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.35 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.39) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.33% 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
Monster Beverage Corp (MNST) is currently performing well based on its current performance indicators. A quick ratio of 2.51 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.34. Likewise, its price to free cash flow for the trailing twelve months is 29.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.56, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.86 in one year’s time.
Technical Analysis of Monster Beverage Corp (MNST)
Analysing the last 5-days average volume posted by the [Monster Beverage Corp, MNST], we can find that recorded value of 7.79 million was better than the volume posted last year of 7.0 million. As of the previous 9 days, the stock’s Stochastic %D was 60.06%. Additionally, its Average True Range was 1.37.
During the past 100 days, Monster Beverage Corp’s (MNST) raw stochastic average was set at 64.87%, which indicates a significant increase from 0.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.46% in the past 14 days, which was higher than the 29.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.40, while its 200-day Moving Average is $52.80. Now, the first resistance to watch is $54.34. This is followed by the second major resistance level at $56.68. The third major resistance level sits at $57.86. If the price goes on to break the first support level at $50.82, it is likely to go to the next support level at $49.64. Should the price break the second support level, the third support level stands at $47.30.
Monster Beverage Corp (NASDAQ: MNST) Key Stats
Market capitalization of the company is 46.99 billion based on 972,520K outstanding shares. Right now, sales total 7,140 M and income totals 1,631 M. The company made 1,881 M in profit during its latest quarter, and 370,920 K in sales during its previous quarter.
