Impact of Brokerage Rating on Monster Beverage Corporation(MNST)

Many Monster Beverage Corporation(MNST) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Monster Beverage Corporation was Upgraded by Jefferies to Buy on Dec 21, 2016.

Company has reported several Insider transactions to the SEC, on Aug 11, 2016, Thomas J Kelly (Senior VP – Monster Energy Co.) sold 10,000 shares at 159.66 per share price.On Jun 17, 2016, Hilton H Schlosberg (Vice Chairman and President) sold 2,001,350 shares at 156.00 per share price.On Jun 17, 2016, Rodney C Sacks (Chairman and CEO) sold 2,396,288 shares at 156.00 per share price.

Monster Beverage Corporation Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.99 EPS for the quarter, missing the analyst consensus estimate by $ -0.13. Analyst had a consensus of $1.12. The company had revenue of $788.00 million for the quarter, compared to analysts expectations of $817.54 million. The companys revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS.

Monster Beverage Corporation (NASDAQ:MNST) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.81 by 8 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

Monster Beverage Corporation (NASDAQ:MNST): The mean short term price target for Monster Beverage Corporation (NASDAQ:MNST) has been established at $53.51 per share. The higher price target estimate is at $61 and the lower price target estimate is expected at $43 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $6.76

Monster Beverage Corporation (NASDAQ:MNST) witnessed a decline in the market cap on Tuesday as its shares dropped 0.09% or 0.04 points. After the session commenced at $43.42, the stock reached the higher end at $43.5 while it hit a low of $42.97. With the volume soaring to 1,824,522 shares, the last trade was called at $43.38. The company has a 52-week high of $55.5. The company has a market cap of $24,769 million and there are 570,974,660 shares in outstanding. The 52-week low of the share price is $40.303333.

Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Companys subsidiaries market and distribute energy drinks, including Monster Energy(R) energy drinks, Monster Energy Extra Strength Nitrous Technology(R) energy drinks, Java Monster(R) non-carbonated coffee + energy drinks, M3(R) Monster Energy(R) Super Concentrate energy drinks, Monster Rehab(R) non-carbonated energy drinks with electrolytes, Muscle Monster(R) Energy Shakes, Ubermonster(R) energy drinks, NOS(R) energy drinks, Full Throttle(R) energy drinks, Burn(R) energy drinks, Samurai(R) energy drinks, Relentless(R) energy drinks, Mother(R) energy drinks, Power Play(R) energy drinks, BU(R) energy drinks, Nalu(R) energy drinks, BPM(R) energy drinks, Gladiator(R) energy drinks, and Ultra(R) energy drinks.


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