Monster Beverage Corporation [MNST] Is Currently 0.57 below its 200 Period Moving Avg: What Does This Mean?


Monster Beverage Corporation [NASDAQ: MNST] closed the trading session at $86.75 on 04/27/22. The day’s price range saw the stock hit a low of $85.73, while the highest price level was $87.42. The company report on February 24, 2022 that Monster Beverage Reports 2021 Fourth Quarter and Full-Year Financial Results.

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— Record Fourth Quarter Net Sales Rise 19.1 Percent to $1.43 Billion —- Record Annual Net Sales Increased to $5.54 Billion —- Company Continues to Address Increased Costs, some of which are likely to be Transitory, through Reductions in Promotions and other Pricing Actions –.

Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three- and twelve-months ended December 31, 2021.

The stocks have a year to date performance of -9.67 percent and weekly performance of 1.64 percent. The stock has been moved at 1.37 percent over the last six months. The stock has performed 8.41 percent around the most recent 30 days and changed 2.55 percent over the most recent 3-months.

If compared to the average trading volume of 3.03M shares, MNST reached to a volume of 3687295 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Monster Beverage Corporation [MNST]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MNST shares is $101.37 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MNST stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Monster Beverage Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 25, 2022. While these analysts kept the previous recommendation, Guggenheim dropped their target price from $109 to $105. The new note on the price target was released on February 25, 2022, representing the official price target for Monster Beverage Corporation stock. Previously, the target price had yet another drop from $107 to $105, while Deutsche Bank kept a Buy rating on MNST stock. On February 25, 2022, analysts decreased their price target for MNST shares from 92 to 90.

The Average True Range (ATR) for Monster Beverage Corporation is set at 2.09, with the Price to Sales ratio for MNST stock in the period of the last 12 months amounting to 8.26. The Price to Book ratio for the last quarter was 6.99, with the Price to Cash per share for the same quarter was set at 5.83. Price to Free Cash Flow for MNST in the course of the last twelve months was 41.16 with Quick ratio for the last quarter at 4.20.

MNST stock trade performance evaluation

Monster Beverage Corporation [MNST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.64. With this latest performance, MNST shares gained by 8.41% in over the last four-week period, additionally plugging by 1.37% over the last 6 months – not to mention a drop of -10.08% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MNST stock in for the last two-week period is set at 62.22, with the RSI for the last a single of trading hit 66.35, and the three-weeks RSI is set at 58.57 for Monster Beverage Corporation [MNST]. The present Moving Average for the last 50 days of trading for this stock 81.06, while it was recorded at 86.44 for the last single week of trading, and 88.60 for the last 200 days.

Monster Beverage Corporation [MNST]: An insightful look at the core fundamentals

Monster Beverage Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.20 and a Current Ratio set at 4.90.

Earnings per share (EPS) analysis for Monster Beverage Corporation [MNST] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MNST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Monster Beverage Corporation go to 13.95%.

Monster Beverage Corporation [MNST]: Insider Ownership positions

There are presently around $28,941 million, or 65.20% of MNST stock, in the hands of institutional investors. The top three institutional holders of MNST stocks are: VANGUARD GROUP INC with ownership of 29,500,911, which is approximately 0.192% of the company’s market cap and around 0.10% of the total institutional ownership; FMR LLC, holding 25,401,693 shares of the stock with an approximate value of $2.19 billion in MNST stocks shares; and BLACKROCK INC., currently with $2.09 billion in MNST stock with ownership of nearly -0.358% of the company’s market capitalization.

395 institutional holders increased their position in Monster Beverage Corporation [NASDAQ:MNST] by around 22,015,749 shares. Additionally, 347 investors decreased positions by around 26,875,872 shares, while 93 investors held positions by with 286,619,318 shares. The mentioned changes placed institutional holdings at 335,510,939 shares, according to the latest SEC report filing. MNST stock had 121 new institutional investments in for a total of 6,703,136 shares, while 89 institutional investors sold positions of 1,467,667 shares during the same period.