On Friday, Monster Beverage Corp (NASDAQ: MNST) was 0.15% up from the session before settling in for the closing price of $53.98. A 52-week range for MNST has been $43.32 – $61.22.
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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%. When this article was written, the company’s average yearly earnings per share was at 6.34%. With a float of $692.90 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 53.77%, operating margin of 26.76%, and the pretax margin is 27.71%.
Monster Beverage Corp (MNST) Insider Updates
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 28.75%, while institutional ownership is 65.99%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.35 earnings per share (EPS) during the time that was less than consensus figure (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
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 2.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.10. Likewise, its price to free cash flow for the trailing twelve months is 32.56.
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)
The latest stats from [Monster Beverage Corp, MNST] show that its last 5-days average volume of 4.43 million was inferior to 6.94 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 44.10%. Additionally, its Average True Range was 1.27.
During the past 100 days, Monster Beverage Corp’s (MNST) raw stochastic average was set at 80.27%, which indicates a significant increase from 47.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.07% in the past 14 days, which was higher than the 29.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.74, while its 200-day Moving Average is $52.75. Now, the first resistance to watch is $54.35. This is followed by the second major resistance level at $54.64. The third major resistance level sits at $54.87. If the price goes on to break the first support level at $53.82, it is likely to go to the next support level at $53.59. Assuming the price breaks the second support level, the third support level stands at $53.30.
Monster Beverage Corp (NASDAQ: MNST) Key Stats
There are 972,520K outstanding shares of the company, which has a market capitalization of 52.65 billion. As of now, sales total 7,140 M while income totals 1,631 M. Its latest quarter income was 1,881 M while its last quarter net income were 370,920 K.
