Monster Beverage Cor
MNST
Real-time BATS EXCHANGE - 08/15 09:10:04 pm
61.46USD
-0.53%

Back towards the lower end of the range

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Anas Lozach
Analyst

Strategy published on : 02/12/2018 | 17:40

long trade
Stop-loss triggered

Entry price : 63.87$
Target : 70$
Stop-loss : 60.8$
Potential : 9.6%

The fact that share price is returning to the lower bounds of the trading range offers a good timing to enter into new long positions in Monster Beverage Corp.
Investors have an opportunity to buy the stock and target the $ 70.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.


Strengths

● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The stock is in a well-established, long-term rising trend above the technical support level at 55.25 USD


Weaknesses

● The company's "enterprise value to sales" ratio is among the highest in the world.

● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 43.24 times its estimated earnings per share for the ongoing year.

Zonebourse.com 2018
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