For its fourth fiscal quarter (ending December 31), Monster Beverage Corp (NASDAQ: MNST) has reported a -40% decline in E.P.S. from $0.58 a year ago to $0.35 in the current quarter. This performance was $-0.04 short of the consensus estimate of $0.39. E.P.S. were $1.56 for the latest four quarters through December 31 versus $2.26 for the same period a year ago — a decline of -31%.
Recent Price Action
On 2/28/24, Monster Beverage Corp (NASDAQ: MNST) stock declined slightly by -0.5%, closing at $55.85. Moreover, above average trading volume at 130% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 0.8% 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 neutral Power Rating of 50 but a poor Appreciation Score of 18, leading to the Negative Value Trend Rating.
Rating Review
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.
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