Shares of Consumer Staples sector company Monster Beverage moved 1.1% today, and are now trading at a price of $51.31. The Large-Cap stock's daily volume was 6,945,656 compared to its average volume of 6,179,384. 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 5,254 full time employees. Its market capitalization is $50,257,121,280.
23 analysts are following Monster Beverage and have set target prices ranging from $40.0 to $63.0 per share. On average, they have given the company a rating of buy. At today's prices, MNST is trading -6.56% away from its average analyst target price of $54.91 per share.
Over the last year, MNST's share price has increased by 5.4%, which represents a difference of -27.5% when compared to the S&P 500. The stock's 52 week high is $61.23 per share whereas its 52 week low is $43.32. With average free cash flows of $1.12 Billion that have been growing at an average rate of 7.2% over the last 5 years, Monster Beverage is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,717,753 | 221,428 | 1,496,325 | 114.07 |
| 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 |
