Monster Beverage Corporation (NASDAQ:MNST) went down by -2.97% from its latest closing price compared to the recent 1-year high of $99.89. The company’s stock price has collected -5.29% of loss in the last five trading sessions. Press Release reported on 09/21/21 that NOTICE For Investors In NASDAQ: MNST: Update in Lawsuit against Directors of Monster Beverage Corporation announced by Shareholders Foundation
Is It Worth Investing in Monster Beverage Corporation (NASDAQ :MNST) Right Now?
Monster Beverage Corporation (NASDAQ:MNST) scored a price-to-earnings ratio above its average ratio, recording 29.65 x from its present earnings ratio. Plus, the 36-month beta value for MNST is at 1.12. Opinions of the stock are interesting as 12 analysts out of 21 who provided ratings for Monster Beverage Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $105.45, which is $21.06 above the current price. MNST currently public float of 377.06M and currently shorts hold a 1.29% ratio of that float. Today, the average trading volume of MNST was 1.63M shares.
MNST’s Market Performance
MNST stocks went down by -5.29% for the week, with a monthly drop of -10.14% and a quarterly performance of -8.85%, while its annual performance rate touched 2.20%. The volatility ratio for the week stands at 1.66% while the volatility levels for the past 30 days are set at 1.80% for Monster Beverage Corporation. The simple moving average for the period of the last 20 days is -6.31% for MNST stocks with a simple moving average of -7.79% for the last 200 days.
Analysts’ Opinion of MNST
Many brokerage firms have already submitted their reports for MNST stocks, with Jefferies repeating the rating for MNST by listing it as a “Hold.” The predicted price for MNST in the upcoming period, according to Jefferies is $92 based on the research report published on October 13th of the current year 2021.
Citigroup, on the other hand, stated in their research note that they expect to see MNST reach a price target of $110, previously predicting the price at $97. The rating they have provided for MNST stocks is “Buy” according to the report published on July 23rd, 2021.
Truist gave a rating of “Buy” to MNST, setting the target price at $115 in the report published on May 07th of the current year.
MNST Trading at -9.62% from the 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, the company was unable to rebound, for now settling with -14.58% of loss for the given period.
Volatility was left at 1.80%, however, over the last 30 days, the volatility rate increased by 1.66%, as shares sank -10.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.29% lower at present.
During the last 5 trading sessions, MNST fell by -5.29%, which changed the moving average for the period of 200-days by -6.03% in comparison to the 20-day moving average, which settled at $90.58. In addition, Monster Beverage Corporation saw -7.73% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at MNST starting from Tirre Emelie, who sale 42,000 shares at the price of $98.24 back on Aug 16. After this action, Tirre Emelie now owns 13,069 shares of Monster Beverage Corporation, valued at $4,126,080 using the latest closing price.
Carling Guy, the President of EMEA of Monster Beverage Corporation, sale 18,000 shares at $95.21 during a trade that took place back on Jun 04, which means that Carling Guy is holding 12,256 shares at $1,713,780 based on the most recent closing price.
Stock Fundamentals for MNST
Current profitability levels for the company are sitting at:
- +35.52 for the present operating margin
- +59.23 for the gross margin
The net margin for Monster Beverage Corporation stands at +30.65. The total capital return value is set at 34.83, while invested capital returns managed to touch 30.08. Equity return is now at value 29.10, with 24.10 for asset returns.
Based on Monster Beverage Corporation (MNST), the company’s capital structure generated 0.35 points at debt to equity in total, while total debt to capital is 0.35. Total debt to assets is 0.29, with long-term debt to equity ratio resting at 0.30. Finally, the long-term debt to capital ratio is 0.30.
When we switch over and look at the enterprise to sales, we see a ratio of 10.31, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 7.62 and the total asset turnover is 0.80. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.19.