In today’s recent session, 1.37 million shares of the Monster Beverage Corp (NASDAQ:MNST) have been traded, and its beta is 0.56. Most recently the company’s share price was $60.44, and it changed around -$1.15 or -1.86% from the last close, which brings the market valuation of the company to $58.95B. MNST at last check was trading at a discount to its 52-week high of $64.45, offering almost -6.63% off that amount. The share price’s 52-week low was $43.32, which indicates that the recent value has risen by an impressive 28.33% since then. We note from Monster Beverage Corp’s average daily trading volume that its 10-day average is 5.47 million shares, with the 3-month average coming to 5.57 million.
Monster Beverage Corp stock received a consensus recommendation rating of Buy, based on a mean score of 2.23. If we narrow it down even further, the data shows that 1 out of 26 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 9 recommended MNST as a Hold, whereas 12 deemed it a Buy, and 2 rated it as Underweight.
Monster Beverage Corp (NASDAQ:MNST) trade information
Instantly MNST has been showing red trend so far today with a performance of -1.86% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 63.79 on recent trading dayincreased the stock’s daily price by 5.25%. The company’s shares are currently up 21.50% year-to-date, but still down -4.87% over the last five days. On the other hand, Monster Beverage Corp (NASDAQ:MNST) is -4.68% down in the 30-day period. We can see from the shorts that 16.21 million shares have been sold at a short interest cover period of 2.97 day(s).
The consensus price target as assigned by Wall Street analysts is $67, which translates to bulls needing to increase their stock price by 9.79% from its current value. Analyst projections state that MNST is forecast to be at a low of $57 and a high of $70.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 8.01%. Monster Beverage Corp earnings are expected to increase by 14.36% in 2025, but the outlook is positive 11.49% per year for the next five years.
MNST Dividends
Monster Beverage Corp’s next quarterly earnings report is expected to be released on 2025-May-08.
Monster Beverage Corp (NASDAQ:MNST)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 28.64% of Monster Beverage Corp shares, and 68.23% of them are in the hands of institutional investors. The stock currently has a share float of 95.62%. Monster Beverage Corp stock is held by 1420.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.3786% of the shares, which is about 65.65 million shares worth $3.28 billion.
BLACKROCK INC., with 5.0956% or 52.45 million shares worth $2.62 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco QQQ Trust, Series 1 were the top two Mutual Funds as of Mar 31, 2025 . The former held 21.51 shares worth $1.3 billion, making up 2.21% of all outstanding shares. On the other hand, Invesco QQQ Trust, Series 1 held roughly 20.18 shares worth around $1.22 billion, which represents about 2.07% of the total shares outstanding.
