Analysts who follow Monster Beverage Corp (MNST) on average expect it to gain 19.68% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns the stock an Analyst Ranking of 45, which means it ranks higher than 45 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating MNST a Strong Buy today. Find out what this means to you and get the rest of the rankings on MNST!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Monster Beverage Corp Stock Today?
Monster Beverage Corp (MNST) stock is down -0.16% while the S&P 500 is up 0.7% as of 2:18 PM on Tuesday, Oct 19. MNST is down -$0.14 from the previous closing price of $85.43 on volume of 1,891,538 shares. Over the past year the S&P 500 is up 31.84% while MNST is up 6.60%. MNST earned $2.88 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.57.
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