Shares of Consumer Staples sector company Monster Beverage moved 0.3% today, and are now trading at a price of $58.34. The large-cap stock's daily volume was 103,490 compared to its average volume of 4,195,757.
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. The company is based in Corona and has 4,607 full time employees. Its market capitalization is $61,065,064,448.
22 analysts are following Monster Beverage and have set target prices ranging from $51.5 to $67.0 per share. On average, they have given the company a rating of buy. At today's prices, MNST is trading -4.92% away from its average analyst target price of $61.36 per share.
Over the last year, MNST's share price has increased by 32.4%, which represents a difference of 17.0% when compared to the S&P 500. The stock's 52 week high is $60.47 per share whereas its 52 week low is $42.65. Monster Beverage's average free cash flow over the last 4 years has been $1.02 Billion, but they have been decreasing at an average rate of -9.4%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 887,699 | -212,153 | 675,546 | -38.49 |
| 2021-12-31 | 1,155,741 | -57,453 | 1,098,288 | -15.31 |
| 2020-12-31 | 1,364,163 | -67,272 | 1,296,891 | 29.25 |
| 2019-12-31 | 1,113,762 | -110,398 | 1,003,364 | n/a |
