With 3.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.17 million shares. During the session, the Beverages – Non-Alcoholic company that operates in wider Consumer Defensive sector, reached to the highest price of $53.575 whereas the lowest price it dropped to was $52.54. The 52-week range on MNST shows that it touched its highest point at $61.22 and its lowest point at $43.32 during that stretch. It currently has a 1-year price target of $55.34. Beta for the stock currently stands at 0.74.
Price Performance and Earnings:
Three-month performance surged to 4.78% while six-month performance rose 0.55%. The stock gained 6.77% in the past year, while it has lost -7.24% so far this year. A look at the trailing 12-month EPS for MNST yields 1.61 with Next year EPS estimates of 1.91. For the next quarter, that number is 0.43. This implies an EPS growth rate of 9.08% for this year and 13.94% for next year. EPS is expected to grow by 11.87% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.87%.
Float and Shares Shorts:
At present, 1.04 billion MNST shares are outstanding with a float of 696.42 million shares on hand for trading. On 2024-09-30, short shares totaled 22.91 million, which was 234.0 higher than short shares on 1724976000. In addition to Mr. Rodney Cyril Sacks H.Dip.Law, H.Dip.Tax as the firm’s Co-CEO & Chairman, Mr. Hilton H. Schlosberg serves as its Co-CEO & Vice Chairman.
Institutional Ownership:
Through their ownership of 0.68706 of MNST’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, MNST reported revenue of $1900597000.0 and operating income of $527163000.0. The EBITDA in the recently reported quarter was $546601000.0 and diluted EPS was $0.41.
