Monster Beverage Corp. (NASDAQ:MNST)’s traded shares stood at 1.05 million during the latest session, with the company’s beta value hitting 0.74. At the last check today, the stock’s price was $53.17, to imply a decrease of -0.53% or -$0.29 in intraday trading. The MNST share’s 52-week high remains $61.22, putting it -15.14% down since that peak but still an impressive 11.36% since price per share fell to its 52-week low of $47.13. The company has a valuation of $55.34B, with an average of 5.25 million shares over the past 3 months.
Monster Beverage Corp. (NASDAQ:MNST) trade information
After registering a -0.53% downside in the latest session, Monster Beverage Corp. (MNST) has traded red over the past five days. The stock hit a weekly high of 55.48, dropping -0.53% in its intraday price action. The 5-day price performance for the stock is -3.34%, and -11.58% over 30 days. With these gigs, the year-to-date price performance is -7.70%.
Monster Beverage Corp. (MNST) estimates and forecasts
Looking at statistics comparing Monster Beverage Corp. share performance against respective industry, we note that the company has underperformed competitors. Monster Beverage Corp. (MNST) shares are 6.69% up over the last 6 months, with its year-to-date growth rate lower than industry average at 16.77% against 21.10%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 11.87% for the past 5-year period. While 2024 is set for a 17.79% return in earnings, projections for the next 5 years are at 14.30% annually.
MNST Dividends
Monster Beverage Corp. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Monster Beverage Corp. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
