The stock has "Buy" rating by Stifel Nicolaus on Monday, September 18. Cowen and Company reaffirmed an "outperform" rating and issued a $67.00 price target (up from $58.00) on shares of Monster Beverage Corporation in a report on Thursday, November 9th. That puts the market capitalization at $7.21 bln. Macquarie started coverage on Monster Beverage Corporation in a research note on Thursday, September 14th. Price Target plays a critical role when it comes to the analysis of a Stock. Citigroup Inc. upped their price target on shares of Monster Beverage Corporation from $60.00 to $66.00 and gave the company a "buy" rating in a report on Friday.
Analysts have given a mean recommendation of 2.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own.
Stock analysts at Jefferies Group dropped their Q4 2017 earnings estimates for shares of Monster Beverage Corporation in a note issued to investors on Thursday. At the time of writing, the stock is trading at $62.20, a change of 1.70% from the previous close. Monster Beverage Corporation has a 52 week low of $40.64 and a 52 week high of $61.33. The firm has a market cap of $34,492.00, a price-to-earnings ratio of 41.60, a PEG ratio of 2.18 and a beta of 0.91.
Needle moving action has been spotted in Monster Beverage Cp (MNST) as shares are moving today on volatility 1.65% or 1.01 from the open.
When investors are considering buying a new stock, they often want to know the general Wall Street consensus on the company - by checking out the average analyst rating, for instance. As Monster Beverage Corporation has a P/S, P/E and P/B values of 10.24, 45.34 and 9.37 respectively. The firm had revenue of $909.50 million during the quarter, compared to analyst estimates of $903.82 million. Its sales stood at 12.40% a year on average in the period of last five years. The business's revenue was up 15.4% compared to the same quarter last year. research analysts forecast that Monster Beverage Corporation will post 1.48 earnings per share for the current fiscal year.
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A widely used tool among technical stock analysts is the moving average.
Monster Beverage Corporation (NASDAQ MNST) traded up $2.48 during midday trading on Friday, hitting $61.16. The total value of its holdings increased 14.1%. Following the transaction, the director now directly owns 52,000 shares in the company, valued at approximately $2,912,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Finally, Swiss National Bank boosted its position in shares of Monster Beverage Corp.by 1.2% in the second quarter. A lower number would indicate that the company has been undervalued, where its stock is relatively low-priced in connection to its free cash flow. Finally, Cape Cod Five Cents Savings Bank boosted its stake in Monster Beverage Corporation by 35.4% in the 2nd quarter.
Trading volume, or volume, is the number of shares or contracts that point towards the overall activity of a security or market for a given period. OppenheimerFunds Inc. boosted its stake in Monster Beverage Corporation by 10.9% in the 1st quarter. Sun Life Financial INC now owns 2,935 shares of the company's stock valued at $146,000 after buying an additional 2,925 shares in the last quarter.
As of the end of the quarter American International Group Inc had sold a total of 5,996 shares trimming its position 3.3%. Bessemer Group Inc. now owns 2,682 shares of the company's stock valued at $148,000 after acquiring an additional 2,143 shares during the last quarter.