Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.
Monster Beverage stock last closed at $102.79, down 1.08% from the previous day, and has increased 23.59% in one year. It has overperformed other stocks in the Beverages - Non-Alcoholic industry by 0.22 percentage points. Monster Beverage stock is currently +43.21% from its 52-week low of $71.78, and -1.78% from its 52-week high of $104.65.
At the moment, there are 521.74M shares of MNST outstanding. The market cap of MNST is $53.63B. In the last 24 hours, 1.53M MNST shares were traded.
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After you have identified the best place to buy Monster Beverage stock, it's crucial to evaluate their stock before you invest, so you actually comprehend the risk as well as the upside.
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You can view all of the due diligence checks on MNST's stock page.
You can use many financial metrics, analyses, models, and charts to gauge MNST's fair value.
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You can do additional valuation analysis on MNST's stock here.
Out of 15 Wall Street analysts who give ratings on MNST, the consensus analyst rating on Monster Beverage is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Robert Ottenstein, a bottom 18% analyst from Evercore ISI Group maintains MNST with a buy rating and raises their MNST price target from $105.00 to $115.00, on Jan 18, 2023.
Andrew Strelzik, a top 14% analyst from BMO Capital maintains MNST with a hold rating and raises their MNST price target from $95.00 to $97.00, on Jan 18, 2023.
Chris Carey, a top 24% analyst from Wells Fargo maintains MNST with a strong buy rating and raises their MNST price target from $105.00 to $115.00, on Jan 3, 2023.
Steve Powers, a top 14% analyst from Deutsche Bank maintains MNST with a strong buy rating and raises their MNST price target from $105.00 to $114.00, on Dec 6, 2022.
Powers raised his price target on Monster Beverage Corporation by 8.6% after re-evaluating names in his Personal Care, Beverages, and Food portfolio.
Although the data points are "choppy," there have been several positive developments over the past several weeks, the analyst told investors.
Those include his expectation of "lower-than-expected" inflation in 2022/11, signals from the FED that the pace of rate hikes going forward will be "more deliberate," and signs of the Chinese government progressing away from the Zero-COVID policy*, Powers detailed.
Those positive developments may be negative for the relative returns of defensive assets, but not for those of consumer staples, he noted.
A "muddled and volatile macro environment will continue through 2023," Powers concluded, noting that a "less defensive posture of the market" remains his base case.
* From here: After dozens of protests starting in late 2022/11, China is set to announce a further relaxation of COVID control measures as soon as today, including reining in unnecessary testing and allowing some infected people to home quarantine.
John Staszak, a top 31% analyst from Argus Research maintains MNST with a strong buy rating and raises their MNST price target from $113.00 to $118.00, on Nov 29, 2022.
You can dig deeper into what analysts are forecasting on the Monster Beverage stock forecast page.
Last year, MNST earnings were $1.21B. Over the past 5 year, MNST's earnings have increased by 10.6% per year. This was slower than the Beverages - Non-Alcoholic industry average of 13.92%.
Last year, MNST revenue was $6.22B. During the last 5 year, MNST's revenue has grown by 13.44% per year. This was faster than the Beverages - Non-Alcoholic industry average of 7.36%.
You can research MNST's earnings and revenue performance here.
In the past year, insiders at MNST have sold more shares than they have bought.
Guy Carling, President of EMEA of MNST, was the latest MNST insider to sell. They sold $1,255,259.52 worth of MNST stock on Dec 1, 2022.
Dig into more about who owns MNST shares here.
No, Monster Beverage doesn't provide an income stream by paying out dividends.
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