Research Analysts Offer Predictions for MNST FY2025 Earnings

Key Points

• Roth Capital has raised its FY2025 earnings per share forecast for Monster Beverage to $1.89 from $1.87, maintaining a "Neutral" rating and a $60.00 target price.
• Monster Beverage reported $2.11 billion in quarterly revenue, surpassing expectations, and achieved an EPS of $0.52, beating the consensus estimate by $0.04.
• Multiple firms have adjusted their price targets for Monster Beverage, with JPMorgan raising it to $68.00 and Goldman Sachs to $72.00, while the stock is currently rated as a "Hold" by analysts.

Monster Beverage Corporation (NASDAQ:MNST - Free Report) - Investment analysts at Roth Capital boosted their FY2025 earnings per share estimates for shares of Monster Beverage in a note issued to investors on Wednesday, August 13th. Roth Capital analyst S. Mcgowan now forecasts that the company will earn $1.89 per share for the year, up from their previous forecast of $1.87. Roth Capital has a "Neutral" rating and a $60.00 price objective on the stock. The consensus estimate for Monster Beverage's current full-year earnings is $1.62 per share.

Monster Beverage (NASDAQ:MNST - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.48 by $0.04. Monster Beverage had a return on equity of 27.46% and a net margin of 20.54%.The company had revenue of $2.11 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the prior year, the company posted $0.41 EPS. Monster Beverage's quarterly revenue was up 11.1% on a year-over-year basis.

A number of other equities research analysts have also recently weighed in on the company. The Goldman Sachs Group upped their price objective on Monster Beverage from $67.00 to $72.00 and gave the stock a "buy" rating in a research note on Friday, June 13th. JPMorgan Chase & Co. upped their target price on Monster Beverage from $64.00 to $68.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. Royal Bank Of Canada set a $68.00 price objective on Monster Beverage and gave the company an "outperform" rating in a report on Friday, August 8th. Stifel Nicolaus assumed coverage on Monster Beverage in a report on Thursday, June 12th. They set a "buy" rating and a $72.00 target price on the stock. Finally, Wells Fargo & Company set a $73.00 target price on Monster Beverage and gave the stock an "overweight" rating in a report on Friday, August 8th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Monster Beverage currently has a consensus rating of "Hold" and a consensus target price of $65.10.

Monster Beverage Price Performance

Shares of MNST stock traded up $0.40 during mid-day trading on Monday, hitting $64.39. The stock had a trading volume of 4,914,516 shares, compared to its average volume of 6,170,303. Monster Beverage has a 12-month low of $45.70 and a 12-month high of $66.75. The firm has a market capitalization of $62.87 billion, a P/E ratio of 39.99, a price-to-earnings-growth ratio of 2.10 and a beta of 0.55. The firm's 50-day moving average is $61.65 and its two-hundred day moving average is $58.80.

Insider Activity at Monster Beverage

In other news, CFO Thomas J. Kelly sold 27,000 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $63.40, for a total value of $1,711,800.00. Following the transaction, the chief financial officer owned 69,273 shares in the company, valued at $4,391,908.20. This trade represents a 28.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark Vidergauz sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $63.73, for a total value of $637,300.00. Following the completion of the transaction, the director owned 51,191 shares in the company, valued at approximately $3,262,402.43. This trade represents a 16.34% decrease in their position. The disclosure for this sale can be found here. Company insiders own 7.80% of the company's stock.

Hedge Funds Weigh In On Monster Beverage

Hedge funds and other institutional investors have recently made changes to their positions in the company. Access Investment Management LLC purchased a new position in Monster Beverage during the second quarter worth approximately $25,000. Salomon & Ludwin LLC purchased a new stake in Monster Beverage in the second quarter valued at $28,000. Newbridge Financial Services Group Inc. raised its position in Monster Beverage by 1,338.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 446 shares of the company's stock valued at $28,000 after purchasing an additional 415 shares during the period. Wayfinding Financial LLC purchased a new stake in Monster Beverage in the first quarter valued at $29,000. Finally, Golden State Wealth Management LLC raised its position in Monster Beverage by 647.3% in the second quarter. Golden State Wealth Management LLC now owns 553 shares of the company's stock valued at $35,000 after purchasing an additional 479 shares during the period. Hedge funds and other institutional investors own 72.36% of the company's stock.

About Monster Beverage

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other.