The Monster Beverage (MNST) Earns Daily Media Sentiment Score of 0.25

The Monster Beverage (MNST) Earns Daily Media Sentiment Score of 0.25

These are some of the headlines that may have effected AlphaOne Sentiment Analysis’s scoring:

News articles about Monster Beverage (NASDAQ:MNST) have trended somewhat positive this week, Alpha One Sentiment reports. The research group, a unit of Accern, rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Monster Beverage earned a daily sentiment score of 0.25 on Alpha One’s scale. Alpha One also gave media coverage about the company an impact score of 75 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the near future.

Shares of Monster Beverage (NASDAQ:MNST) opened at 51.27 on Monday. Monster Beverage has a 52-week low of $40.64 and a 52-week high of $55.50. The firm’s 50-day moving average price is $47.32 and its 200-day moving average price is $45.30. The firm has a market capitalization of $29.11 billion, a PE ratio of 41.28 and a beta of 0.77. Monster Beverage (NASDAQ:MNST) last issued its quarterly earnings results on Thursday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. Monster Beverage had a net margin of 23.07% and a return on equity of 17.06%. The firm had revenue of $742.10 million for the quarter, compared to analyst estimates of $738.54 million. During the same period in the previous year, the business earned $0.79 EPS. The company’s revenue was up 9.1% compared to the same quarter last year. On average, equities analysts predict that Monster Beverage will post $1.48 earnings per share for the current fiscal year.

MNST has been the topic of a number of recent research reports. Goldman Sachs Group Inc lowered Monster Beverage from a “conviction-buy” rating to a “buy” rating and set a $54.00 price target on the stock. in a research note on Monday, April 17th. Jefferies Group LLC boosted their price objective on Monster Beverage from $60.00 to $62.00 and gave the company a “buy” rating in a report on Wednesday, April 19th. Credit Suisse Group AG restated a “buy” rating and set a $59.00 price target on shares of Monster Beverage in a report on Tuesday, April 4th. JPMorgan Chase & Co. started coverage on Monster Beverage in a report on Tuesday, March 21st. They set an “overweight” rating and a $56.00 price target on the stock. Finally, Susquehanna Bancshares Inc set a $41.00 price target on Monster Beverage and gave the stock a “hold” rating in a report on Monday, May 1st. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $56.49. In related news, Director Harold C. Taber, Jr. sold 15,000 shares of Monster Beverage stock in a transaction dated Friday, March 10th. The shares were sold at an average price of $47.08, for a total transaction of $706,200.00. Following the completion of the sale, the director now owns 70,001 shares of the company’s stock, valued at approximately $3,295,647.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Mark J. Hall sold 487,500 shares of Monster Beverage stock in a transaction dated Monday, March 13th. The stock was sold at an average price of $46.34, for a total transaction of $22,590,750.00. Following the sale, the insider now directly owns 1,031,808 shares of the company’s stock, valued at approximately $47,813,982.72. The disclosure for this sale can be found here. Insiders sold a total of 595,500 shares of company stock worth $27,586,110 over the last quarter. Company insiders own 9.20% of the company’s stock.

Monster Beverage Company Profile 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:MNST”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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