Monster Beverage Corporation (NASDAQ:MNST) went down by -3.01% from its latest closing price when compared to the 1-year high value of $73.43 and move down -7.87%, while MNST stocks collected -2.11% of loss with the last five trading sessions. Barron's reported on 06/08/20 that Boston Beer’s Hard Seltzer Remains a Big Player
Monster Beverage Corporation (NASDAQ:MNST) Worth an Investment?
Monster Beverage Corporation (NASDAQ: MNST) scored price to earnings ratio above its average ratio, recording 32.96 times of increase in earnings at the present.
MNST Market Performance
MNST stocks went down by -2.11% for the week, with the monthly drop of -1.36% and a quarterly performance of 26.85%, while its annual performance rate touched 7.48%. The simple moving average for the period of the last 20 days is -3.39% for MNST stocks with the simple moving average of 9.39% for the last 200 days.
Analysts’ Opinion on Monster Beverage Corporation (NASDAQ:MNST)
Many brokerage firms have already submitted their reports for MNST stocks, with Stifel repeating the rating for MNST shares by setting it to “Buy”. The predicted price for MNST socks in the upcoming period according to Stifel is $77 based on the research report published on May 28, 2020.
Citigroup, on the other hand, stated in their research note that they expect to see MNST stock at the price of $73, previously predicting the value of $77. The rating they have provided for MNST stocks is “Neutral” according to the report published on May 11, 2020.
Guggenheim gave “Buy” rating to MNST stocks, setting the target price at $66 in the report published on May 5, 2020.
MNST Stocks 2.79% Far from 50 Day Moving Average
After a stumble in the market that brought MNST to its low price for the period of the last 52 weeks, Monster Beverage Corporation was unable to take a rebound, for now settling with -7.30% of loss for the given period.
The stock volatility was left at 2.44%, however, within the period of a single month, the volatility rate increased by 2.07%, while the shares sank at the distance of -3.58% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +5.68% upper at the present time.
In the course of the last 5 trading sessions, MNST went down by -2.11%, which changed the moving average for the period of 200 days to the total of +18.94% of gains for the stock in comparison to the 20-day moving average settled at $70.33. In addition, Monster Beverage Corporation saw 7.11% in overturn over the period of a single year with a tendency to cut further gains.
MNST Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Monster Beverage Corporation (MNST), starting from HALL MARK J, who sold 64,643 shares at the price of $72.82 back on Jun 01. After this action, Rushing now owns 617,381 shares of Monster Beverage Corporation, valued at $4,707,303 with the latest closing price.
KELLY THOMAS J, the EVP Finance Monster Energy Co. of Monster Beverage Corporation, sold 15,000 shares at the value of $68.29 during a trade that took place back on May 22, which means that KELLY THOMAS J is holding 13,117 shares at the value of $1,024,350 based on the most recent closing price.
MNST Stock Fundamentals
The current profitability levels are settled at +33.67 for the present operating margin and +59.95 for gross margin. The net margin for Monster Beverage Corporation stands at +26.37. Total capital return value is set at 36.16, while invested capital returns managed to touch 28.38. Equity return holds the value 27.80%, with 22.20% for asset returns.
Based on Monster Beverage Corporation (MNST), the company’s capital structure generated 0.68 points for debt to equity in total, while total debt to capital is set at the value of 0.68.
The value for Enterprise to Sales is 7.72 with debt to enterprise value settled at 0.00. The receivables turnover for Monster Beverage Corporation is 8.20 with the total asset turnover at the value of 0.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.50.