At the time of writing, Monster Beverage Corp. [MNST] stock is trading at $53.77, down -0.52%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MNST shares have gain 4.04% over the last week, with a monthly amount glided 5.06%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Monster Beverage Corp. [NASDAQ: MNST] stock has seen the most recent analyst activity on October 15, 2024, when BofA Securities reiterated its Buy rating and also boosted its price target to $57 from $56. Previously, UBS reaffirmed its Neutral rating on October 07, 2024, and elevated its price target to $55. On August 12, 2024, ROTH MKM reiterated its Neutral rating and revised its price target to $50 on the stock. Truist reiterated its Sell rating and decreased its price target to $40 on August 09, 2024. Wells Fargo reiterated its recommendation of a Overweight and reduced its price target to $57 on August 08, 2024. UBS reiterated a Neutral rating for this stock on August 08, 2024, and downed its price target to $51. In a note dated August 08, 2024, RBC Capital Mkts reiterated an Outperform rating on this stock and revised its target price from $64 to $60.
For the past year, the stock price of Monster Beverage Corp. fluctuated between $43.32 and $61.22. Currently, Wall Street analysts expect the stock to reach $41.68 within the next 12 months. Monster Beverage Corp. [NASDAQ: MNST] shares were valued at $53.77 at the most recent close of the market. An investor can expect a potential drop of -22.48% based on the average MNST price forecast.
Analyzing the MNST fundamentals
According to Monster Beverage Corp. [NASDAQ:MNST], the company’s sales were 7.39B for trailing twelve months, which represents an 2.46% jump. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.22 and Total Capital is 0.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.47 points at the first support level, and at 53.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.31, and for the 2nd resistance point, it is at 54.84.
Ratios To Look Out For
It is important to note that Monster Beverage Corp. [NASDAQ:MNST] has a current ratio of 3.41. Also, the Quick Ratio is 2.69, while the Cash Ratio stands at 1.35. Considering the valuation of this stock, the price to sales ratio is 7.13, the price to book ratio is 9.01 and price to earnings (TTM) ratio is 33.47.
Transactions by insiders
Recent insider trading involved VIDERGAUZ MARK, Director, that happened on Jun 11 ’24 when 15077.0 shares were sold. Director, HALL MARK J completed a deal on Jun 11 ’24 to sell 0.24 million shares. Meanwhile, Vice Chairman and Co-CEO SCHLOSBERG HILTON H sold 0.33 million shares on Jun 11 ’24.
