Hot Stocks Among Investors: Monster Beverage Corporation (MNST), Ally Financial Inc. (ALLY)

Shares of Monster Beverage Corporation (NASDAQ:MNST) opened at $63.17, and ended -0.47% lower at $63.05. Nearly 1.95 million shares were traded by the close, lower than its average daily volume of 1.98 million shares.

Monster Beverage Corporation (MNST) Analyst Opinion

Monster Beverage Corporation has a consensus outperform rating from 17 Wall Street analysts, and the number of shares currently sold short amount to at least 1.64% of shares outstanding. The stock spiked 9.33% last month and is up 42.2 this year. Wall Street is only getting more bullish on the stock, with 14 of analysts who cover MNST having a buy-equivalent rating. Analysts have placed a $62.65 price target on Monster Beverage Corporation, suggesting a -0.63% decline from recent close. It’s currently trading about -0.57% 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 $0.4 a piece versus the consensus-estimated $0.4. Its revenue totaled $904.59 million down -0.27% from the previous quarter.

Monster Beverage Corporation (NASDAQ:MNST) Intraday View

This stock (MNST) is ahead of its 52-week low with 53.71%. Its last month’s stock price volatility remained 1.5% which for the week stands at 2.03%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.02% and stays 8.45% away from its 50 days moving average. Over the last five days, shares have managed 1.55% gains and now is up 21.31% since hitting its 200-day moving average of $54.66. Monster Beverage Corporation (MNST) has made its way to a 12-month gain of 40.45%.

Turning to Ally Financial Inc. (NYSE:ALLY), its shares were trading at $27.95 a gain of $0.39, on the trading floor. The stock, after opening at $27.57, touched a high of $28.24 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. Ally Financial Inc. has 5 buy ratings, 4 holds and 0 sells even after the stock climbed 0.04% from its high of $27.94 to a $12.55 billion market value through last close.

Ally Financial Inc. (ALLY) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.06 to 2.06 during a month. Analysts set a 12-month price target of $28.71 a share. The target implies a 2.72% spike from where the shares are currently trading. Also, the current price highlights a discount of 18.07% to analysts’ high consensus price target.

Ally Financial Inc. (NYSE:ALLY) Intraday Trading

The counter witnessed a trading volume of 4.33 million shares versus an average volume of 3.25 million shares during last trading session. Its last month’s stock price volatility remained 2.31% which for the week approaches 1.91%. The lowest price the stock reached in the last trading day was $27.48 and compares with the $18.11 52-week low. The stock recovered 54.33% since its low point and has performed 46.95% year-to-date.

Previous articleStocks Bracing for Volatility: Array BioPharma Inc. (ARRY), Enel Americas S.A. (ENIA)
Next articleHot Stocks Report: Baxter International Inc. (BAX), Kellogg Company (K)