Monster Beverage Corporation (NASDAQ:MNST) has a beta of 1.11, a 12-month trailing P/E ratio of 34.00, and a growth ratio of 2.29. The stock’s Relative Strength Index (RSI) is 44.51, with weekly volatility at 2.33% and ATR at 1.96. The MNST stock’s 52-week price range has touched low of $63.90 and a $99.24 high. Its shares traded higher over the last trading session, gaining 2.98% on 05/14/21. The shares fell to a low of $89.61 before closing at $92.14. Intraday shares traded counted 2.23 million, which was -4.59% lower than its 30-day average trading volume of 2.13M. MNST’s previous close was $89.47 while the outstanding shares total 528.20M.
Investors have identified the Beverages – Non-Alcoholic company Monster Beverage Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $47.29 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Monster Beverage Corporation (MNST) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 3.43 billion total, with 788.86 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 2.99 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on MNST sounds very interesting.
Is the stock of MNST attractive?
In related news, President of EMEA, Carling Guy sold 31,385 shares of the company’s stock in a transaction that recorded on Mar 02. The sale was performed at an average price of 87.88, for a total value of 2,758,043. As the sale deal closes, the EVP Finance Monster Energy Co., KELLY THOMAS J now sold 10,249 shares of the company’s stock, valued at 856,099. Also, President of EMEA, Carling Guy sold 41,250 shares of the company’s stock in a deal that was recorded on Aug 14. The shares were price at an average price of 83.51 per share, with a total market value of 3,444,788. Following this completion of acquisition, the Director, VIDERGAUZ MARK now holds 12,000 shares of the company’s stock, valued at 1,001,640. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
13 out of 22 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Monster Beverage Corporation. 0 analysts has assigned a Sell rating on the MNST stock. The 12-month mean consensus price target for the company’s shares has been set at $103.89.