Shares of Consumer Staples sector company Monster Beverage moved -0.1% today, and are now trading at a price of $55.17. The large-cap stock's daily volume was 4,504,153 compared to its average volume of 5,862,987. The S&P 500 index returned a -1.0% performance.
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 $57,411,555,328.
23 analysts are following Monster Beverage and have set target prices ranging from $55.0 to $72.0 per share. On average, they have given the company a rating of buy. At today's prices, MNST is trading -10.1% away from its average analyst target price of $61.37 per share.
Over the last year, MNST shares have gone down by -46.0%, which represents a difference of -61.0% 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 average free cash flows of $1.11 Billion that have been growing at an average rate of 4.3% over the last 6 years, Monster Beverage declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,581,939 | 162,792 | 1,419,147 | 103.03 |
| 2022 | 887,699 | 188,726 | 698,973 | -37.14 |
| 2021 | 1,155,741 | 43,868 | 1,111,873 | -15.48 |
| 2020 | 1,364,163 | 48,722 | 1,315,441 | 29.97 |
| 2019 | 1,113,762 | 101,661 | 1,012,101 | -7.99 |
| 2018 | 1,161,881 | 61,941 | 1,099,940 |
