Analyst Revises Monster Beverage Corporation (NASDAQ:MNST) Stock Target


Monster Beverage Corporation (NASDAQ:MNST) mean price target has been set at $163.130 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $1.120 in the near-term quarter and $3.930 for the ongoing fiscal. The market cap of Monster Beverage Corporation was recorded at $31.76B after the stock closed at $156.445 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Monster Beverage Corporation (NASDAQ:MNST) has a P/E ratio of 44.559. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Monster Beverage Corporation (NASDAQ:MNST) PEG ratio sits at 1.900. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Monster Beverage Corporation visibly illustrates that the 50-day MA of Monster Beverage Corporation is $149.982, and stock is trading 6.463 or +4.309% distant from $149.982. The 200-day MA is $140.201, and this price is $16.244 or +11.586% off from current level. Monster Beverage Corporation (NASDAQ:MNST) 52-week high is $160.500 and the 52-week low is $113.080. This represents that if the stock moves $-4.055 points up on the chart to make a 52-week high. But, if it declines $+38.349%, then the shares price can hit a new 52-week low.

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