Stock Rating Downgrade
In recent days the Value Trend Rating for Monster Beverage Corp (NASDAQ: MNST) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Monster Beverage Corp (NASDAQ: MNST) stock increased 1.7% on 10/4/19. The shares closed at $56.58. NORMAL trading volume accompanied the advance. The stock has been strong relative to the market over the last nine months but has declined -2.1% during the last week.
Current PriceTarget Research Rating
MNST is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Monster Beverage has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Monster Beverage has a poor Appreciation Score of 25 but a neutral Power Rating of 58, with the Negative Value Trend Rating the result.