Monster Beverage Company Profile (NASDAQ:MNST)

About Monster Beverage (MNST)

Monster Beverage logoMonster Beverage Corporation is a holding company. The Company develop, market, sell and distribute alternative beverage category beverages under the brand names of Monster Energy, Monster Rehab, Monster Energy Extra Strength Nitrous Technology, Java Monster, X-Presso Monster, Muscle Monster, Punch Monster, Hansen's, Hansen's Natural Cane Soda, Junior Juice, Blue Sky, Hubert's, Worx Energy and Peace Tea. The company has two segments, Direct Store Delivery (DSD), whose principal products comprise energy drinks, and Warehouse (Warehouse), whose principal products comprise juice-based and soda beverages. The DSD segment develops, markets and sells products primarily through an exclusive distributor network, whereas the Warehouse segment develops, markets and sells products primarily direct to retailers.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Beverages - Soft Drinks
  • Sub-Industry: Soft Drinks
  • Exchange: NASDAQ
  • Symbol: MNST
  • CUSIP: 61174010
Key Metrics:
  • Previous Close: $45.38
  • 50 Day Moving Average: $46.05
  • 200 Day Moving Average: $45.13
  • 52-Week Range: $40.64 - $55.50
  • Trailing P/E Ratio: 38.13
  • Foreward P/E Ratio: 26.69
  • P/E Growth: 1.54
  • Market Cap: $25.71B
  • Outstanding Shares: 566,619,000
  • Beta: 0.77
Profitability:
  • Net Margins: 23.07%
  • Return on Equity: 17.06%
  • Return on Assets: 14.10%
Debt:
  • Current Ratio: 3.28%
  • Quick Ratio: 2.92%

Analyst Ratings

Consensus Ratings for Monster Beverage (NASDAQ:MNST) (?)
Ratings Breakdown: 2 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.82)
Consensus Price Target: $55.67 (22.67% upside)

Analysts' Ratings History for Monster Beverage (NASDAQ:MNST)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017Jefferies Group LLCReiterated RatingBuy$62.00LowView Rating Details
4/27/2017BMO Capital MarketsReiterated RatingBuyLowView Rating Details
4/17/2017Goldman Sachs Group IncDowngradeConviction-Buy -> Buy$54.00LowView Rating Details
4/4/2017Credit Suisse Group AGReiterated RatingBuy$59.00MediumView Rating Details
4/2/2017Wells Fargo & CoReiterated RatingMarket Perform$45.00LowView Rating Details
3/21/2017JPMorgan Chase & Co.Initiated CoverageOverweight -> Overweight$56.00LowView Rating Details
3/3/2017Royal Bank of CanadaReiterated RatingOutperform$61.00N/AView Rating Details
3/3/2017Cowen and CompanyBoost Price Target$60.00N/AView Rating Details
2/27/2017Stifel NicolausLower Price TargetBuy$59.00 -> $55.00N/AView Rating Details
1/15/2017Susquehanna Bancshares IncSet Price TargetHold$39.00N/AView Rating Details
8/8/2016Citigroup IncBoost Price TargetBuy$56.67 -> $66.33N/AView Rating Details
4/15/2016Bank of America CorpReiterated RatingNeutralN/AView Rating Details
2/26/2016SunTrust Banks, Inc.Lower Price TargetNeutral$51.67 -> $43.33N/AView Rating Details
1/13/2016Evercore ISIReiterated RatingBuy$55.00N/AView Rating Details
11/10/2015ArgusBoost Price TargetBuy$54.67 -> $56.67N/AView Rating Details
8/13/2015Morgan StanleyUpgradeEqual Weight -> Overweight$53.33N/AView Rating Details
7/20/2015Sterne Agee CRTInitiated CoverageBuy$53.33N/AView Rating Details
(Data available from 4/29/2015 forward)

Earnings

Earnings History for Monster Beverage (NASDAQ:MNST)
Earnings by Quarter for Monster Beverage (NASDAQ:MNST)
Earnings History by Quarter for Monster Beverage (NASDAQ:MNST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017        
3/1/2017Q4 2016$0.30$0.35$723.88 million$753.80 millionViewListenView Earnings Details
11/3/2016Q3$1.12$0.99$819.90 million$788.00 millionViewN/AView Earnings Details
8/4/2016Q2$1.03$0.99$804.24 million$945.80 millionViewN/AView Earnings Details
4/29/2016Q1$0.74$0.80$656.78 million$680.20 millionViewListenView Earnings Details
2/25/2016Q4$0.82$0.67$698.40 million$645.40 millionViewListenView Earnings Details
11/5/2015Q315$0.81$0.84$742.39 million$756.60 millionViewListenView Earnings Details
8/6/2015Q215$0.91$0.79$753.60 million$693.70 millionViewN/AView Earnings Details
5/7/2015Q115$0.68$0.62$603.48 million$626.79 millionViewN/AView Earnings Details
2/26/2015Q414$0.59$0.72$584.56 million$696.30 millionViewN/AView Earnings Details
11/6/2014Q314$0.68$0.70$642.70 million$738.10 millionViewN/AView Earnings Details
8/7/2014Q214$0.75$0.81$694.22 million$687.20 millionViewN/AView Earnings Details
5/8/2014Q114$0.49$0.55$542.30 million$536.10 millionViewN/AView Earnings Details
2/27/2014Q413$0.46$0.44$524.46 million$540.80 millionViewN/AView Earnings Details
11/7/2013Q313$0.57$0.53$602.34 million$590.40 millionViewN/AView Earnings Details
8/8/2013Q2 2013$0.64$0.62$646.14 million$723.90 millionViewN/AView Earnings Details
5/8/2013Q1 2013$0.47$0.37$501.74 million$484.20 millionViewN/AView Earnings Details
2/27/2013Q4 2012$0.41$0.39$483.61 million$471.50 millionViewN/AView Earnings Details
11/7/2012Q312$0.55$0.47$578.48 million$542.00 millionViewN/AView Earnings Details
8/8/2012$0.61$0.59ViewN/AView Earnings Details
5/9/2012$0.38$0.41ViewN/AView Earnings Details
2/23/2012$0.37$0.35ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Monster Beverage (NASDAQ:MNST)
2017 EPS Consensus Estimate: $1.47
2018 EPS Consensus Estimate: $1.52
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.32$0.33$0.33
Q2 20172$0.37$0.42$0.40
Q3 20172$0.36$0.41$0.39
Q4 20172$0.35$0.38$0.37
Q1 20181$0.34$0.34$0.34
Q2 20181$0.40$0.40$0.40
Q3 20181$0.39$0.39$0.39
Q4 20181$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Monster Beverage (NASDAQ:MNST)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Monster Beverage (NASDAQ:MNST)
Insider Ownership Percentage: 9.20%
Institutional Ownership Percentage: 28.01%
Insider Trades by Quarter for Monster Beverage (NASDAQ:MNST)
Institutional Ownership by Quarter for Monster Beverage (NASDAQ:MNST)
Insider Trades by Quarter for Monster Beverage (NASDAQ:MNST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/14/2017Mark J HallInsiderSell93,000$46.12$4,289,160.00View SEC Filing  
3/13/2017Mark J HallInsiderSell487,500$46.34$22,590,750.00View SEC Filing  
3/10/2017Harold C Taber JrDirectorSell15,000$47.08$706,200.00View SEC Filing  
8/9/2016Thomas J KellyVPSell10,000$159.66$1,596,600.00View SEC Filing  
6/15/2016Hilton H SchlosbergVice ChairmanSell2,001,350$156.00$312,210,600.00View SEC Filing  
6/15/2016Rodney C SacksCEOSell2,396,288$156.00$373,820,928.00View SEC Filing  
6/10/2016Harold C Taber JrDirectorSell5,000$154.14$770,700.00View SEC Filing  
12/1/2015Thomas J. KellyVPSell26,033$157.97$4,112,433.01View SEC Filing  
9/14/2015Harold C. Taber, Jr.DirectorSell19,680$132.25$2,602,680.00View SEC Filing  
4/23/2015Rodney C SacksCEOSell76,876$140.21$10,778,783.96View SEC Filing  
4/22/2015Hilton H SchlosbergVice ChairmanSell23,102$140.03$3,234,973.06View SEC Filing  
4/22/2015Rodney C SacksCEOSell163,189$140.25$22,887,257.25View SEC Filing  
4/21/2015Hilton H SchlosbergVice ChairmanSell86,600$140.30$12,149,980.00View SEC Filing  
4/20/2015Hilton H SchlosbergVice ChairmanSell53,487$140.26$7,502,086.62View SEC Filing  
4/7/2015Rodney C SacksCEOSell9,935$140.06$1,391,496.10View SEC Filing  
1/6/2015Rodney C SacksCEOSell100,000$111.69$11,169,000.00View SEC Filing  
1/5/2015Rodney C SacksCEOSell200,000$109.16$21,832,000.00View SEC Filing  
11/11/2014Sydney SelatiDirectorSell3,000$107.45$322,350.00View SEC Filing  
10/7/2014Hilton H SchlosbergChairmanSell19,828$92.39$1,831,908.92View SEC Filing  
10/7/2014Rodney C SacksCEOSell19,858$92.38$1,834,482.04View SEC Filing  
10/6/2014Hilton H SchlosbergChairmanSell6,754$92.23$622,921.42View SEC Filing  
10/6/2014Rodney C SacksCEOSell6,761$92.23$623,567.03View SEC Filing  
10/3/2014Hilton H SchlosbergChairmanSell27,215$91.73$2,496,431.95View SEC Filing  
10/2/2014Hilton H SchlosbergChairmanSell580$91.06$52,814.80View SEC Filing  
10/1/2014Hilton H SchlosbergChairmanSell28,584$91.69$2,620,866.96View SEC Filing  
10/1/2014Rodney C SacksCEOSell28,554$91.69$2,618,116.26View SEC Filing  
9/9/2014Mark J HallInsiderSell4,412$90.01$397,124.12View SEC Filing  
9/2/2014Mark J HallInsiderSell105,588$90.15$9,518,758.20View SEC Filing  
1/3/2014Rodney SacksCEOSell200,000$67.39$13,478,000.00View SEC Filing  
12/3/2013Rodney SacksCEOSell130,000$60.52$7,867,600.00View SEC Filing  
11/29/2013Thomas KellyVPSell8,804$59.40$522,957.60View SEC Filing  
10/17/2013Hilton H SchlosbergChairmanSell35,000$58.34$2,041,900.00View SEC Filing  
8/22/2013Norman EpsteinDirectorSell1,590$58.92$93,682.80View SEC Filing  
6/13/2013Rodney C SacksCEOSell30,000$62.00$1,860,000.00View SEC Filing  
6/13/2013Thomas J KellyVPSell3,000$62.01$186,030.00View SEC Filing  
6/7/2013Hilton H SchlosbergChairmanSell50,000$60.16$3,008,000.00View SEC Filing  
6/7/2013Mark J HallInsiderSell126,666$61.51$7,791,225.66View SEC Filing  
6/7/2013Norman EpsteinDirectorSell1,343$59.82$80,338.26View SEC Filing  
5/31/2013Hilton H SchlosbergChairmanSell30,000$55.17$1,655,100.00View SEC Filing  
5/17/2013Thomas J KellyVPSell8,000$56.36$450,880.00View SEC Filing  
5/13/2013Hilton H SchlosbergChairmanSell20,000$53.85$1,077,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Monster Beverage (NASDAQ:MNST)
Latest Headlines for Monster Beverage (NASDAQ:MNST)
Source:
DateHeadline
streetinsider.com logoJefferies Reiterates Buy on Monster Beverage (MNST) Following 2017 Beverage Forum
www.streetinsider.com - April 28 at 7:32 PM
finance.yahoo.com logoAmazon Will Some Day, Within Our Lifetimes, Be Worth a Trillion Dollars
finance.yahoo.com - April 28 at 7:32 PM
finance.yahoo.com logoThis Is Why Amazon Will Some Day, Within Our Lifetimes, Be Worth a Trillion Dollars
finance.yahoo.com - April 28 at 9:13 AM
americanbankingnews.com logoMonster Beverage's (MNST) Buy Rating Reaffirmed at BMO Capital Markets
www.americanbankingnews.com - April 27 at 10:46 PM
finance.yahoo.com logoMonster Beverage Targets Female Frappuccino Drinkers
finance.yahoo.com - April 27 at 7:08 PM
streetinsider.com logoMonster Beverage (MNST) CMO to Relinquish His Position, ButContinue to Work with Company - StreetInsider.com
www.streetinsider.com - April 27 at 9:38 AM
seekingalpha.com logoGoPro's Broadcasting Surpassing Monster Energy And Coca-Cola
seekingalpha.com - April 26 at 6:43 PM
finance.yahoo.com logoMonster Beverage to Report 2017 First Quarter Financial Results on May 4, 2017
finance.yahoo.com - April 26 at 6:43 PM
streetinsider.com logoMonster Beverage (MNST) CMO to Relinquish His Position, ButContinue to Work with Company
www.streetinsider.com - April 25 at 5:54 PM
finance.yahoo.com logoCoca-Cola (KO) Q1 Earnings Miss, Refranchising Costs Hurt
finance.yahoo.com - April 25 at 5:54 PM
finance.yahoo.com logoMonster Beverage Corp. – Value Analysis (NASDAQ:MNST) : April 25, 2017
finance.yahoo.com - April 25 at 5:54 PM
finance.yahoo.com logoMonster Beverage Chairman and CEO Rodney C. Sacks to be One of the Keynote Speakers at 2017 Beverage Forum
finance.yahoo.com - April 25 at 9:41 AM
americanbankingnews.com logoMonster Beverage Co. (MNST) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 24 at 3:16 PM
finance.yahoo.com logoMonster Beverage Corp. breached its 50 day moving average in a Bearish Manner : MNST-US : April 24, 2017
finance.yahoo.com - April 24 at 1:23 PM
americanbankingnews.com logoMonster Beverage (MNST) Earning Very Favorable News Coverage, Analysis Shows
www.americanbankingnews.com - April 24 at 12:56 PM
americanbankingnews.com logoMonster Beverage (MNST) Receives Coverage Optimism Score of 0.26
www.americanbankingnews.com - April 21 at 7:00 PM
americanbankingnews.com logoFY2018 Earnings Estimate for Monster Beverage Co. Issued By Jefferies Group (MNST)
www.americanbankingnews.com - April 21 at 4:52 PM
americanbankingnews.com logoJefferies Group LLC Reiterates "Buy" Rating for Monster Beverage Co. (MNST)
www.americanbankingnews.com - April 19 at 3:42 PM
americanbankingnews.com logoMonster Beverage (MNST) Given Media Sentiment Score of 0.00
www.americanbankingnews.com - April 18 at 4:22 PM
americanbankingnews.com logoMonster Beverage Co. (MNST) Downgraded by Goldman Sachs Group Inc to "Buy"
www.americanbankingnews.com - April 17 at 9:21 AM
americanbankingnews.com logoSomewhat Critical Press Coverage Somewhat Unlikely to Impact Monster Beverage (MNST) Share Price
www.americanbankingnews.com - April 15 at 2:13 PM
finance.yahoo.com logoMonster Beverage Corp. breached its 50 day moving average in a Bearish Manner : MNST-US : April 14, 2017
finance.yahoo.com - April 14 at 8:35 AM
americanbankingnews.com logo$741.35 Million in Sales Expected for Monster Beverage Co. (MNST) This Quarter
www.americanbankingnews.com - April 12 at 1:15 PM
americanbankingnews.com logoMonster Beverage (MNST) to Buyback $500 million in Shares
www.americanbankingnews.com - April 11 at 8:39 AM
americanbankingnews.com logo Analysts Anticipate Monster Beverage Co. (MNST) Will Post Earnings of $0.32 Per Share
www.americanbankingnews.com - April 10 at 10:17 AM
americanbankingnews.com logoMonster Beverage's (MNST) Buy Rating Reiterated at Credit Suisse Group AG
www.americanbankingnews.com - April 4 at 12:46 PM
americanbankingnews.com logoMonster Beverage Co. (MNST) Receives Market Perform Rating from Wells Fargo & Co
www.americanbankingnews.com - April 2 at 8:22 PM
americanbankingnews.com logoMonster Beverage Co. (MNST) Rating Reiterated by Wells Fargo & Co
www.americanbankingnews.com - April 2 at 7:54 PM
seekingalpha.com logoMonster Beverage Corp. - Plenty Of Room To Run
seekingalpha.com - March 31 at 6:42 PM
seekingalpha.com logoRetailers said to be losing confidence in Monster Beverage
seekingalpha.com - March 31 at 9:33 AM
investorplace.com logoMonster Beverage Corporation (MNST) Stock Dips on Hydro Delay
investorplace.com - March 30 at 5:37 PM
americanbankingnews.com logoMonster Beverage Co. (MNST) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 29 at 2:49 PM
americanbankingnews.com logoMonster Beverage Co. (MNST) Coverage Initiated by Analysts at JPMorgan Chase & Co.
www.americanbankingnews.com - March 25 at 12:09 PM
finance.yahoo.com logoCoverage initiated on Monster Beverage by JP Morgan
finance.yahoo.com - March 21 at 6:32 PM
cnbc.com logoBuy Monster Beverage because it's about to become an international growth story, JPMorgan says
www.cnbc.com - March 21 at 11:30 AM
americanbankingnews.com logoMonster Beverage Co. (MNST) Upgraded at Zacks Investment Research
www.americanbankingnews.com - March 20 at 12:38 PM
fool.com logo4 Stocks to Buy Near 52-Week Lows
www.fool.com - March 19 at 9:55 AM
americanbankingnews.com logoMark J. Hall Sells 93,000 Shares of Monster Beverage Co. (MNST) Stock
www.americanbankingnews.com - March 14 at 10:52 PM
americanbankingnews.com logoMonster Beverage Co. (MNST) Upgraded by Zacks Investment Research to “Hold”
www.americanbankingnews.com - March 14 at 2:54 PM
americanbankingnews.com logoInsider Selling: Monster Beverage Co. (MNST) Insider Sells 487,500 Shares of Stock
www.americanbankingnews.com - March 13 at 10:49 PM
americanbankingnews.com logoMonster Beverage Co. (MNST) Director Harold C. Taber, Jr. Sells 15,000 Shares
www.americanbankingnews.com - March 10 at 9:36 PM
fool.com logoUp 13% Since Its Latest Report, Monster Beverage Still Has Plenty of Room to Run
www.fool.com - March 9 at 3:19 PM
americanbankingnews.com logoMonster Beverage (MNST) – Investment Analysts’ Weekly Ratings Updates
www.americanbankingnews.com - March 8 at 8:32 PM
bizjournals.com logoMonster Energy views first weekend as NASCAR title sponsor a big success
www.bizjournals.com - March 8 at 7:20 PM
finance.yahoo.com logoBlog Coverage Nestlé and Coca-Cola Decide to End Their 16-Year Old Ready-to-Drink Tea Joint Venture
finance.yahoo.com - March 8 at 10:01 AM
finance.yahoo.com logoMONSTER BEVERAGE CORP Financials
finance.yahoo.com - March 7 at 6:22 PM
us.rd.yahoo.com logoWhy Monster Beverage’s Operating Margin Fell in 4Q16
us.rd.yahoo.com - March 7 at 10:22 AM
us.rd.yahoo.com logoMonster Beverage Stock Surged Last Week on Energetic Results
us.rd.yahoo.com - March 6 at 6:07 PM
capitalcube.com logoMonster Beverage Corp. :MNST-US: Earnings Analysis: 2016 By the Numbers : March 6, 2017
us.rd.yahoo.com - March 6 at 6:07 PM
rttnews.com logoMonster Beverage Corp. (MNST) Leaped To A 4-Month High After ... - RTT News
www.rttnews.com - March 4 at 6:15 AM

Social

Frequently Asked Questions for Monster Beverage (NASDAQ:MNST)

What is Monster Beverage's stock symbol?

Monster Beverage trades on the NASDAQ under the ticker symbol "MNST."

When did Monster Beverage's stock split? How did Monster Beverage's stock split work?

Monster Beverage's stock split before market open on Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly issued shares were issued to shareholders after the market closes on Wednesday, November 9th 2016. An investor that had 100 shares of Monster Beverage stock prior to the split would have 300 shares after the split.

How will Monster Beverage's stock buyback program work?

Monster Beverage declared that its board has approved a share buyback plan on Tuesday, April 11th 2017, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 28% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.

How were Monster Beverage's earnings last quarter?

Monster Beverage Co. (NASDAQ:MNST) posted its quarterly earnings results on Wednesday, March, 1st. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.30 by $0.05. The business had revenue of $753.80 million for the quarter, compared to analysts' expectations of $723.88 million. Monster Beverage had a return on equity of 17.06% and a net margin of 23.07%. The company's quarterly revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 EPS.

When will Monster Beverage make its next earnings announcement?

Monster Beverage is scheduled to release their next quarterly earnings announcement on Thursday, April, 27th 2017.

Where is Monster Beverage's stock going? Where will Monster Beverage's stock price be in 2017?

11 brokers have issued twelve-month target prices for Monster Beverage's stock. Their forecasts range from $39.00 to $66.33. On average, they anticipate Monster Beverage's share price to reach $55.67 in the next twelve months.

What are analysts saying about Monster Beverage stock?

Here are some recent quotes from research analysts about Monster Beverage stock:

  • 1. BMO Capital Markets analysts commented, "We do not know what the story is other than cost-cutting at this point." (4/27/2017)
  • 2. According to Zacks Investment Research, "Monster Beverage beat the top and the bottom-line estimates in the fourth quarter. Earnings and revenues also improved 59.1% and 16.8% year over year, respectively. Earnings were primarily driven by solid organic sales growth, lower tax rate and impressive gross margins courtesy of the AFF transaction, product mix and lower promotional allowances. The international segment also posted strong results and looks consistent going forward. It also announced a new $500 million share repurchase authorization given its continued strong free cash flow generation.  The results, however, failed to impress when it comes to operating expenses, which increased 40.9%. Also, operating margin dropped 200 basis points. Results were also hurt by unfavorable currency rates." (3/14/2017)
  • 3. Cowen and Company analysts commented, "MNST delivered adjusted 4Q16 EPS of $0.35 ($0.30 reported), which was 5 cents above our estimate (as well as consensus). The beat was driven by upside within the international segment, upside to operating margins and a lower effective tax rate. Raising price target to $60; Maintain Outperform." (3/3/2017)
  • 4. Jefferies Group LLC analysts commented, "We lift our PT to $60 following MNST's strong 4Q results, which included a 4%/9% sales/adj OI beat on better than expected 16.5% org sales growth. LT story here is very much intact with a long runway in intl. mkts (> 35% FX neutral in 4Q) and US better than feared despite recent slowing in C&G channel. Our FY17-19 EPS est. are little changed, though at 17.5x '18e EV/EBITDA (23% prem. to KO/PEP), MNST still has room to re-rate vs. hist. 40% avg. prem. vs. peers." (3/2/2017)
  • 5. Stifel Nicolaus analysts commented, "We reduce our 2017 and 2018 EPS estimates to $1.46 (was $1.52, consensus $1.48) and $1.68 (was $1.76, consensus $1.69), respectively, reflecting lower expected sales growth in the U.S., modestly increased spending and deleverage on lower absolute sales, and updated FX rates. We now estimate y/y growth of 9.8% (was 12.4%) in 2017, 7.1% in 1H17 (consensus 9.6%) and 12.5% in 2H17 (consensus 10.9%), and continue to estimate 10.2% growth in 2018. We anticipate operating margin expansion of 120bps y/y to 39.2%, compared to 200bps previously. We believe MNST shares could be volatile around year end results, to be reported after market close on March 1, 2017, and would recommend more aggressive buying on weakness, all else being equal." (2/27/2017)

Are investors shorting Monster Beverage?

Monster Beverage saw a drop in short interest during the month of March. As of March 31st, there was short interest totalling 7,504,067 shares, a drop of 8.1% from the March 15th total of 8,166,775 shares. Based on an average daily volume of 2,016,331 shares, the days-to-cover ratio is currently 3.7 days.

Who owns Monster Beverage stock?

Monster Beverage's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (2.37%), Wells Fargo & Company MN (0.67%), Russell Investments Group Ltd. (0.26%), State of New Jersey Common Pension Fund D (0.18%), Korea Investment CORP (0.08%) and Gateway Investment Advisers LLC (0.08%). Company insiders that own Monster Beverage stock include Harold C Taber Jr, Harold C Taber, Jr, Hilton H Schlosberg, Mark J Hall, Rodney C Sacks and Thomas J Kelly.

Who sold Monster Beverage stock? Who is selling Monster Beverage stock?

Monster Beverage's stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Wells Fargo & Company MN, Strs Ohio, Braun Stacey Associates Inc., Korea Investment CORP, Manning & Napier Advisors LLC, State of New Jersey Common Pension Fund D and Emerald Advisers Inc. PA. Company insiders that have sold Monster Beverage stock in the last year include Harold C Taber Jr, Hilton H Schlosberg, Mark J Hall, Rodney C Sacks and Thomas J Kelly.

Who bought Monster Beverage stock? Who is buying Monster Beverage stock?

Monster Beverage's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Advisors LLC, Atalanta Sosnoff Capital LLC, Nationwide Fund Advisors, Canada Pension Plan Investment Board, Bank of Montreal Can, Arrow Financial Corp and Granite Investment Partners LLC.

How do I buy Monster Beverage stock?

Shares of Monster Beverage can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Monster Beverage stock cost?

One share of Monster Beverage stock can currently be purchased for approximately $45.38.

Monster Beverage (MNST) Chart for Saturday, April, 29, 2017

This page was last updated on 4/29/2017 by MarketBeat.com Staff