Monster Beverage Corp. [NASDAQ: MNST] price plunged by -1.82 percent to reach at -$1.06. The company report on January 8, 2024 at 5:47 PM that Monster Beverage Announces Webcast Details for Investor Meeting/Business Update January 16, 2024.
The Company’s presentation will be open to all interested parties as a live webcast at www.monsterbevcorp.com, under the “Events & Presentations” section, at approximately 4:45 p.m. Eastern Time. The event will be archived on the website for approximately one year.
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
The one-year MNST stock forecast points to a potential upside of 9.38. The average equity rating for MNST stock is currently 1.88, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Monster Beverage Corp. [MNST]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MNST shares is $63.02 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 1.88. 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 Corp. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on Jan-18-24.
The Average True Range (ATR) for Monster Beverage Corp. is set at 1.03, with the Price to Sales ratio for MNST stock in the period of the last 12 months amounting to 8.58. The Price to Book ratio for the last quarter was 7.55, with the Price to Cash per share for the same quarter was set at 2.89. Price to Free Cash Flow for MNST in the course of the last twelve months was 41.87 with Quick ratio for the last quarter at 3.76.
MNST Stock Performance Analysis:
Monster Beverage Corp. [MNST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.77. With this latest performance, MNST shares gained by 2.79% in over the last four-week period, additionally plugging by 0.99% over the last 6 months – not to mention a rise of 11.89% 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 50.70, with the RSI for the last a single of trading hit 44.96, and the three-weeks RSI is set at 53.12 for Monster Beverage Corp. [MNST]. The present Moving Average for the last 50 days of trading for this stock 56.02, while it was recorded at 58.37 for the last single week of trading, and 55.84 for the last 200 days.
Insight into Monster Beverage Corp. Fundamentals:
Monster Beverage Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.76 and a Current Ratio set at 4.51.
MNST Stock EPS
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 Corp. go to 22.64%.
Monster Beverage Corp. [MNST] Institutonal Ownership Details
The top three institutional holders of MNST stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in MNST stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in MNST stock with ownership which is approximately 5.8325%.
