Previous close | 53.15 |
Open | 52.61 |
Bid | 53.32 x 800 |
Ask | 53.37 x 800 |
Day's range | 52.52 - 53.53 |
52-week range | 47.13 - 61.23 |
Volume | |
Avg. volume | 5,278,395 |
Market cap | 55.894B |
Beta (5Y monthly) | 0.71 |
PE ratio (TTM) | 34.66 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Monster Beverage stock was falling Thursday after two analysts cut their ratings on the energy- drink company. Truist Securities analyst Bill Chappell double downgraded shares of Monster to Sell from Buy and cut his price target on the stock to $46 from $65. Chappell wrote in a research note that “while we still view Monster as a great company, we no longer see it as a high growth story.”
Monster Beverage (MNST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Monster Beverage (MNST) gains from strength in its energy drinks category and product innovations.