Shares of Monster Beverage have moved -0.4% today, and are now trading at a price of $55.77. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 440,633 compared to the stock's average volume of 5,142,489.
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. Based in Corona, United States the company has 4,607 full time employees and a market cap of $58,024,222,720.
The company is now trading -8.17% away from its average analyst target price of $60.73 per share. The 22 analysts following the stock have set target prices ranging from $51.5 to $72.0, and on average give Monster Beverage a rating of buy.
Over the last 12 months MNST shares have declined by -42.0%, which represents a difference of -60.0% when compared to the S&P 500. The stock's 52 week high is $60.47 per share and its 52 week low is $47.13. With its net margins declining an average -3.2% over the last 6 years, Monster Beverage declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 6,691,107 | 1,435,376 | 21 | 10.53 |
| 2022 | 6,311,050 | 1,191,624 | 19 | -24.0 |
| 2021 | 5,541,352 | 1,377,475 | 25 | -19.35 |
| 2020 | 4,598,638 | 1,409,594 | 31 | 19.23 |
| 2019 | 4,200,819 | 1,107,835 | 26 | 0.0 |
| 2018 | 3,807,183 | 993,004 | 26 |
