Monster Beverage Corporation [MNST] Is Currently -4.17 below its 200 Period Moving Avg: What Does This Mean?


Monster Beverage Corporation [NASDAQ: MNST] closed the trading session at $83.04 on 05/05/22. The day’s price range saw the stock hit a low of $82.13, while the highest price level was $86.17. The company report on May 5, 2022 that Monster Beverage Reports 2022 First Quarter Results.

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— Record First Quarter Net Sales Rise 22.1 Percent to $1.52 Billion –– Company Completes its Acquisition of CANarchy Craft Brewery Collective LLC –– Company Plans Price Increase in the United States Effective September 1, 2022 –.

Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2022.

The stocks have a year to date performance of -13.54 percent and weekly performance of -5.43 percent. The stock has been moved at -4.90 percent over the last six months. The stock has performed 1.39 percent around the most recent 30 days and changed -3.53 percent over the most recent 3-months.

If compared to the average trading volume of 3.08M shares, MNST reached to a volume of 3922580 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 $100.79 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 2.48, with the Price to Sales ratio for MNST stock in the period of the last 12 months amounting to 8.13. The Price to Book ratio for the last quarter was 6.69, with the Price to Cash per share for the same quarter was set at 5.67. Price to Free Cash Flow for MNST in the course of the last twelve months was 40.54 with Quick ratio for the last quarter at 4.20.

MNST stock trade performance evaluation

Monster Beverage Corporation [MNST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.43. With this latest performance, MNST shares gained by 1.39% in over the last four-week period, additionally sinking by -4.90% over the last 6 months – not to mention a drop of -12.61% 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 47.68, with the RSI for the last a single of trading hit 43.59, and the three-weeks RSI is set at 49.18 for Monster Beverage Corporation [MNST]. The present Moving Average for the last 50 days of trading for this stock 81.49, while it was recorded at 84.81 for the last single week of trading, and 88.36 for the last 200 days.

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

Operating Margin for any stock indicates how profitable investing would be, and Monster Beverage Corporation [MNST] shares currently have an operating margin of +32.53 and a Gross Margin at +56.10. Monster Beverage Corporation’s Net Margin is presently recorded at +24.86.

Return on Equity for this stock inclined to 23.49, with Return on Assets sitting at 19.50.

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 $29,088 million, or 65.00% 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 $2.2 billion in MNST stocks shares; and BLACKROCK INC., currently with $2.1 billion in MNST stock with ownership of nearly -0.358% of the company’s market capitalization.

Positions in Monster Beverage Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 388 institutional holders increased their position in Monster Beverage Corporation [NASDAQ:MNST] by around 22,256,571 shares. Additionally, 352 investors decreased positions by around 26,801,696 shares, while 96 investors held positions by with 286,636,927 shares. The mentioned changes placed institutional holdings at 335,695,194 shares, according to the latest SEC report filing. MNST stock had 114 new institutional investments in for a total of 7,005,595 shares, while 86 institutional investors sold positions of 1,572,537 shares during the same period.