Large-cap Consumer Staples company Monster Beverage has logged a 1.1% change today on a trading volume of 1,824,494. The average volume for the stock is 5,407,293.
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 5,254 full time employees and a market cap of $62,639,013,888.
The company is now trading -7.01% away from its average analyst target price of $64.32 per share. The 22 analysts following the stock have set target prices ranging from $58.0 to $69.0, and on average give Monster Beverage a rating of buy.
Over the last 52 weeks, MNST stock has risen 16.4%, which amounts to a -14.2% difference compared to the S&P 500. The stock's 52 week high is $60.47 whereas its 52 week low is $47.13 per share. With its net margins declining an average -2.3% over the last 6 years, Monster Beverage may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 6,922,849 | 1,565,683 | 23 | 21.05 |
| 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 |
