For its third fiscal quarter (ending September 30), Monster Beverage Corp (NASDAQ: MNST) has reported a 15% increase in E.P.S. from $0.48 a year ago to $0.55 in the current quarter. This result exceeded the consensus estimate of $0.54 by $0.01. For the latest four quarters through September 30, E.P.S. were $2.00 compared to $1.71 a year ago — an increase of 17%.
Recent Price Action
Monster Beverage Corp (NASDAQ: MNST) stock closed at $56.64 on 11/7/19 after an increase of 1.2%. Moreover, trading volume in this advance was exceptionally high at 243% of normal. The stock has risen 0.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
MNST’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
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 neutral Power Rating of 43 but a poor Appreciation Score of 26, leading to the Negative Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.