A Look Ahead For 2 Stocks: Monster Beverage Corporation (MNST), Dollar General Corporation (DG)

Shares of Monster Beverage Corporation (NASDAQ:MNST) opened at $53.3, and ended -0.7% lower at $52.83. Nearly 4.45 million shares were traded by the close, higher than its average daily volume of 3.53 million shares.

Monster Beverage Corporation (MNST) Analyst Opinion

Monster Beverage Corporation has a consensus outperform rating from 16 Wall Street analysts, and the number of shares currently sold short amount to at least 1.62% of shares outstanding. The stock sank -0.47% last month and is down -16.53 this year. Wall Street is only getting more bullish on the stock, with 13 of analysts who cover MNST having a buy-equivalent rating. Analysts have placed a $60.53 price target on Monster Beverage Corporation, suggesting a 14.58% gain from recent close. It’s currently trading about -24.76% below its 52-week high.

Monster Beverage Corporation Earnings Surprise

Monster Beverage Corporation (MNST) failed to surprise the stock market in its last reported earnings when it earned $0.39 a piece versus the consensus-estimated $0.39. Its revenue totaled $849.99 million up 4.89% from the previous quarter.

Monster Beverage Corporation (NASDAQ:MNST) Intraday View

This stock (MNST) is ahead of its 52-week low with 10.96%. Its last month’s stock price volatility remained 1.94% which for the week stands at 2.5%. The share price has moved forward from its 20 days moving average, trading at a distance of 5.57% and stays -1.16% away from its 50 days moving average. Over the last five days, shares have managed 3.26% gains and now is down -9.71% since hitting its 200-day moving average of $59.33. Monster Beverage Corporation (MNST) has made its way to a 12-month gain of 3.89%.

Turning to Dollar General Corporation (NYSE:DG), its shares were trading at $93.82 a retreat of $-0.81, on the trading floor. The stock, after opening at $94.82, touched a high of $96.1 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. Dollar General Corporation has 10 buy ratings, 13 holds and 0 sells even after the stock tumbled -11.34% from its high of $105.82 to a $24.69 billion market value through last close.

Dollar General Corporation (DG) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.16 to 2.16 during a month. Analysts set a 12-month price target of $108.66 a share. The target implies a 15.82% spike from where the shares are currently trading. Also, the current price highlights a discount of 27.9% to analysts’ high consensus price target.

Dollar General Corporation (NYSE:DG) Intraday Trading

The counter witnessed a trading volume of 2.82 million shares versus an average volume of 3.07 million shares during last trading session. Its last month’s stock price volatility remained 2.73% which for the week approaches 2.16%. The lowest price the stock reached in the last trading day was $93.08 and compares with the $65.97 52-week low. The stock recovered 42.22% since its low point and has performed 0.87% year-to-date.