While Monster Beverage Corp has underperformed by -0.62%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, MNST fell by -10.41%, with highs and lows ranging from $61.22 to $43.32, whereas the simple moving average fell by -0.93% in the last 200 days.
On December 19, 2024, Exane BNP Paribas Reiterated Monster Beverage Corp (NASDAQ: MNST) to Underperform. A report published by Needham on December 06, 2024, Initiated its previous ‘Hold’ rating for MNST. Argus also reiterated MNST shares as ‘Buy’, quoting a target price of $65 on the company’s shares in a report dated November 12, 2024. TD Cowen Reiterated the rating as Hold on November 11, 2024, but set its price target from $50 to $55. UBS resumed its ‘Neutral’ rating for MNST, as published in its report on November 08, 2024. Stifel’s report from November 08, 2024 suggests a price prediction of $59 for MNST shares, giving the stock a ‘Buy’ rating. JP Morgan also rated the stock as ‘Neutral’.
Analysis of Monster Beverage Corp (MNST)
Further, the quarter-over-quarter increase in sales is 1.34%, showing a positive trend in the upcoming months.
One of the most important indicators of Monster Beverage Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 23.52% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.51, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and MNST is recording 5.32M average volume. On a monthly basis, the volatility of the stock is set at 1.97%, whereas on a weekly basis, it is put at 1.75%, with a loss of -1.87% over the past seven days. Furthermore, long-term investors anticipate a median target price of $55.82, showing growth from the present price of $51.55, which can serve as yet another indication of whether MNST is worth investing in or should be passed over.
How Do You Analyze Monster Beverage Corp Shares?
The Beverages – Non-Alcoholic market is dominated by Monster Beverage Corp (MNST) based in the USA. When comparing Monster Beverage Corp shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 33.12, there is a growth in quarterly earnings of -11.66%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 28.96%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 65.91% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
MNST shares are owned by institutional investors to the tune of 65.91% at present.
