Stocks of Monster Beverage Corp (NASDAQ:MNST) traded higher last session on Wall Street, down -0.14% to $57.76.
MNST stock price is now 11.39% away from the 50-day moving average and 12.57% away from the 200-day moving average. The market capitalization of the company currently stands at $56.21B.
With the price target enhanced from $53 to $57, UBS maintained Neutral rating for Monster Beverage Corp (NASDAQ: MNST). On February 28, 2025, Morgan Stanley reiterated its ‘Overweight’ rating on the stock by increasing its target price from $55 to quote $60, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, KELLY THOMAS J, Chief Financial Officer sold 10,000 shares of the company’s stock on Mar 14 ’25. The stock was sold for $552,700 at an average price of $55.27. Upon completion of the transaction, the Chief Financial Officer now directly owns 72,273 shares in the company, valued at $4.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’25, Director HALL MARK J sold 21,000 shares of the business’s stock. A total of $1,155,000 was realized by selling the stock at an average price of $55.00. This leaves the insider owning 299,246 shares of the company worth $17.28 million. A total of 28.98% of the company’s stock is owned by insiders.
During the past 12 months, Monster Beverage Corp has had a low of $43.32 and a high of $60.13. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 3.32, and a quick ratio of 2.65.
The net profit margin was 20.14% and return on equity was 21.27% for MNST. The company reported revenue of $1.81 billion for the quarter, compared to $1.73 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.74 percent.
