In the latest trading session,, 0.69 million Monster Beverage Corp (NASDAQ:MNST) shares changed hands as the company’s beta touched 0.60. With the company’s most recent per share price at $63.03 changing hands around $0.04 or 0.06% at last look, the market valuation stands at $61.47B. MNST’s current price is a discount, trading about -0.22% off its 52-week high of $63.17. The share price had its 52-week low at $43.32, which suggests the last value was 31.27% up since then.
Analysts gave the Monster Beverage Corp (MNST) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.16. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended MNST as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight.
Monster Beverage Corp (NASDAQ:MNST) trade information
Instantly MNST is in green as seen in intraday trades today. With action 3.33%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 19.92%, with the 5-day performance at 3.33% in the green. However, in the 30-day time frame, Monster Beverage Corp (NASDAQ:MNST) is 6.33% up.
The consensus price target for the stock as assigned by Wall Street analysts is 58.5, meaning bulls need a downside of -7.74% from its recent market value. According to analyst projections, MNST’s forecast low is 57 with 60 as the target high. To hit the forecast high, the stock’s price needs a 4.81% surge from its current level, while the stock would need to tank 9.57% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.01%. The 2025 estimates are for Monster Beverage Corp earnings to increase by 14.40%, but the outlook for the next 5-year period is at 11.73% per year.
MNST Dividends
Monster Beverage Corp is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.0956% or 52.45 million shares worth $2.62 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco QQQ Trust, Series 1 . With 21.37 shares estimated at $1.35 billion under it, the former controlled 2.19% of total outstanding shares. On the other hand, Invesco QQQ Trust, Series 1 held about 2.05% of the shares, roughly 20.04 shares worth around $1.27 billion.
