Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $53.75 in the prior trading day, Monster Beverage Corp (NASDAQ: MNST) closed at $53.10, down -1.21%. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 4.68 million shares were traded. MNST stock price reached its highest trading level at $54.07 during the session, while it also had its lowest trading level at $53.07.
Ratios:
Our goal is to gain a better understanding of MNST by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.93. For the most recent quarter (mrq), Quick Ratio is recorded 2.51 and its Current Ratio is at 3.13. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Argus on November 12, 2024, Reiterated its Buy rating but revised its target price to $65 from $55 previously.
On November 11, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $50 to $55.
UBS reiterated its Neutral rating for the stock on November 08, 2024, while the target price for the stock was revised from $55 to $57.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 12 ’24 when VIDERGAUZ MARK sold 10,000 shares for $56.21 per share. The transaction valued at 562,100 led to the insider holds 58,167 shares of the business.
VIDERGAUZ MARK bought 10,000 shares of MNST for $560,649 on Nov 12 ’24. On Jun 11 ’24, another insider, VIDERGAUZ MARK, who serves as the Director of the company, sold 15,077 shares for $51.85 each. As a result, the insider received 781,801 and left with 68,167 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNST now has a Market Capitalization of 52272914432 and an Enterprise Value of 50823725056. As of this moment, Monster’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.12, and their Forward P/E ratio for the next fiscal year is 28.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.97 while its Price-to-Book (P/B) ratio in mrq is 8.93. Its current Enterprise Value per Revenue stands at 6.858 whereas that against EBITDA is 24.141.
Stock Price History:
Over the past 52 weeks, MNST has reached a high of $61.22, while it has fallen to a 52-week low of $43.32. The 50-Day Moving Average of the stock is -0.18%, while the 200-Day Moving Average is calculated to be 0.75%.
Shares Statistics:
The stock has traded on average 5.85M shares per day over the past 3-months and 4421420 shares per day over the last 10 days, according to various share statistics. A total of 972.45M shares are outstanding, with a floating share count of 692.90M. Insiders hold about 28.75% of the company’s shares, while institutions hold 65.99% stake in the company. Shares short for MNST as of 1731628800 were 20046410 with a Short Ratio of 3.43, compared to 1728950400 on 22740349. Therefore, it implies a Short% of Shares Outstanding of 20046410 and a Short% of Float of 2.92.
