Analyst's Predictions on Monster Beverage Corporation (MNST), Sysco Corporation (SYY)

Lloyd Doyle
January 13, 2018

Zooming in closer, company stock has been 14.83% for the quarter, 1.62% over the past month, and 0.95% over the past week.

MNST has been the subject of several recent analyst reports. BMO Capital Markets restated a "buy" rating and set a $58.00 target price on shares of Monster Beverage in a research note on Thursday, November 2nd. RBC Capital Markets maintained it with "Buy" rating and $75.0 target in Thursday, December 21 report. Macquarie initiated coverage on Monster Beverage in a report on Thursday, September 14th. They set a "hold" rating and a $66.00 price objective on the stock. They set an "outperform" rating and a $65.00 price objective on the stock. Susquehanna Bancshares lowered Monster Beverage from a "neutral" rating to a "negative" rating and set a $51.00 target price on the a report on Monday, November 20th.

The consensus analysts recommendation at this point stands at 2.10 on this stock. The first line is called the %K line, which analyzes the actual price movements in the shares and can be defined as: %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100.

Monster Beverage Corporation (NASDAQ:MNST) and Pepsico, Inc. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. The firm has a market capitalization of $24.32 billion, a PE ratio of 38.24 and a beta of 0.83. Monster Beverage Corporation has a one year low of $37.69 and a one year high of $55.50.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages, soda, and its concentrates in the United States and internationally. The company reported $0.40 EPS for the quarter, meeting the Zacks' consensus estimate of $0.40. The business had revenue of $909.50 million during the quarter, compared to analysts' expectations of $903.82 million.

The Monster Beverage Corporation is based out of USA. The company's quarterly revenue was up 15.4% compared to the same quarter previous year. The low EPS estimate is $0.43, while the high EPS estimate is $0.86. Moving averages can have different lengths though, so one may indicate an uptrend while another indicates a downtrend. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The shares were sold at an average price of $64.51, for a total value of $44,963.47. The Lonestar Capital Management Llc holds 250,000 shares with $2.03 million value, down from 450,000 last quarter. The disclosure for this sale can be found here.

Let's take a look at how the stock has been performing recently. Insiders sold 268,026 shares of company stock valued at $17,179,867 over the last quarter. Alyeska Investment Group L.P. now owns 1,173,475 shares of the company's stock worth $64,834,000 after acquiring an additional 728,295 shares in the last quarter. Public Employees Retirement System of OH raised its stake in shares of Monster Beverage by 2.8% in the third quarter. Public Employees Retirement System of OH now owns 307,593 shares of the company's stock valued at $16,995,000 after purchasing an additional 8,444 shares in the last quarter. BlackRock Inc. raised its position in shares of Monster Beverage by 1.7% in the 2nd quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of Monster Beverage by 7.5% during the 2nd quarter. The ratio analysis is selected to dugout more clear and detail views about CVS as a ratio analysis is a quantitative analysis of information contained in a company's financial statements. "(MNST) Expected to Earn FY2018 Earnings of $1.97 Per Share" was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal.

Another recent and important Monster Beverage Corporation (NASDAQ:MNST) news was published by which published an article titled: "Why Monster Beverage Corp".

Analysts await Monster Beverage Corporation (NASDAQ:MNST) to report earnings on March, 7.

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