Monster Beverage Corp [MNST] stock prices are up 0.53% to $49.36 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MNST shares have gain 2.60% over the last week, with a monthly amount drifted -6.07%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Monster Beverage Corp [NASDAQ: MNST] stock has seen the most recent analyst activity on December 19, 2024, when Exane BNP Paribas reiterated its Underperform rating and also revised its price target to $45 from $46. On November 12, 2024, Argus reiterated its Buy rating and revised its price target to $65 on the stock. TD Cowen reiterated its Hold rating and increased its price target to $55 on November 11, 2024. UBS reiterated its recommendation of a Neutral and raised its price target to $57 on November 08, 2024. Stifel reiterated a Buy rating for this stock on November 08, 2024, and upped its price target to $59. In a note dated November 08, 2024, JP Morgan reiterated an Neutral rating on this stock and boosted its target price from $49 to $52.
The stock price of Monster Beverage Corp [MNST] has been fluctuating between $43.32 and $61.22 over the past year. Currently, Wall Street analysts expect the stock to reach $56.8 within the next 12 months. Monster Beverage Corp [NASDAQ: MNST] shares were valued at $49.36 at the most recent close of the market. An investor can expect a potential return of 15.07% based on the average MNST price forecast.
Analyzing the MNST fundamentals
The Monster Beverage Corp [NASDAQ:MNST] reported sales of 7.41B for trailing twelve months, representing a surge of 1.34%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.23 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 49.01 points at the first support level, and at 48.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.74, and for the 2nd resistance point, it is at 50.12.
Ratios To Look Out For
It’s worth pointing out that Monster Beverage Corp [NASDAQ:MNST]’s Current Ratio is 3.13. Further, the Quick Ratio stands at 2.51, while the Cash Ratio is 1.31. Considering the valuation of this stock, the price to sales ratio is 6.48, the price to book ratio is 8.31 and price to earnings (TTM) ratio is 31.71.
Transactions by insiders
Recent insider trading involved KELLY THOMAS J, Chief Financial Officer, that happened on Dec 13 ’24 when 10000.0 shares were sold. Officer, KELLY THOMAS J completed a deal on Dec 13 ’24 to buy 10000.0 shares. Meanwhile, Director VIDERGAUZ MARK sold 10000.0 shares on Nov 12 ’24.