Monster Beverage Corporation (MNST) Given Daily Media Impact Score of 0.11
News headlines about Monster Beverage Corporation (NASDAQ:MNST) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Monster Beverage Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.414773177957 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Monster Beverage Corporation (MNST) Receives Buy Rating from Stifel Nicolaus (americanbankingnews.com)
- Credit Suisse Group Boosts Monster Beverage Corporation (MNST) Price Target to $61.00 (americanbankingnews.com)
- Caution on Monster Beverage after penny profit miss (seekingalpha.com)
- Tobam Buys A Little More Monster Beverage Corporation (MNST) Stock Last Quarter (campdesrecrues.com)
- Tobam Modifies Its Ownership in Monster Beverage Corporation (MNST) (vothemes.com)
Monster Beverage Corporation (MNST) opened at 52.03 on Thursday. Monster Beverage Corporation has a 12-month low of $40.64 and a 12-month high of $54.24. The stock has a 50 day moving average price of $51.56 and a 200-day moving average price of $47.49. The firm has a market capitalization of $29.54 billion, a PE ratio of 41.89 and a beta of 0.96.
Monster Beverage Corporation (NASDAQ:MNST) last issued its earnings results on Tuesday, August 8th. The company reported $0.39 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by $0.01. The business had revenue of $907.07 million during the quarter, compared to analyst estimates of $901.38 million. Monster Beverage Corporation had a return on equity of 23.36% and a net margin of 23.36%. The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the business earned $0.99 EPS. On average, equities research analysts forecast that Monster Beverage Corporation will post $1.49 EPS for the current year.
A number of analysts have commented on the company. Stifel Nicolaus reiterated a “buy” rating and set a $57.00 target price on shares of Monster Beverage Corporation in a research report on Wednesday. Credit Suisse Group set a $61.00 target price on Monster Beverage Corporation and gave the stock a “buy” rating in a research report on Wednesday. Jefferies Group LLC boosted their target price on Monster Beverage Corporation from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday. Susquehanna Bancshares Inc reiterated a “hold” rating and set a $42.00 target price (down from $45.00) on shares of Monster Beverage Corporation in a research report on Monday. Finally, BidaskClub upgraded Monster Beverage Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Two equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Monster Beverage Corporation currently has a consensus rating of “Buy” and an average target price of $56.28.
About Monster Beverage Corporation
Monster Beverage Corporation is a holding company. The Company develop, market, sell and distribute alternative beverage category beverages under the brand names of Monster Energy, Monster Rehab, Monster Energy Extra Strength Nitrous Technology, Java Monster, X-Presso Monster, Muscle Monster, Punch Monster, Hansen’s, Hansen’s Natural Cane Soda, Junior Juice, Blue Sky, Hubert’s, Worx Energy and Peace Tea.
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