NASDAQ:MNST

Monster Beverage (MNST) Stock Forecast, Price & News

$54.75

-1.01 (-1.81%)

(As of 09/21/2023 ET)

Compare

Today's Range: $54.61
▼
$55.58
50-Day Range: $55.11
▼
$59.01
52-Week Range: $42.81
▼
$60.47

Volume: 8.02 million shs
Average Volume: 3.88 million shs
Market Capitalization: $57.35 billion

P/E Ratio: 40.41
Dividend Yield: N/A
Price Target: $61.71

Monster Beverage MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 12.7% Upside
$61.71 Price Target
Short Interest: Healthy
1.10% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.98
Upright™ Environmental Score
News Sentiment: 1.05
Based on 5 Articles This Week
Insider Trading: Selling Shares
$9.62 M Sold Last Quarter
Proj. Earnings Growth: 16.23%
From $1.54 to $1.79 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Consumer Staples Sector

38th out of 134 stocks

Bottled & Canned Soft Drinks Industry

2nd out of 8 stocks

3.4

Analyst's Opinion

Consensus Rating
Monster Beverage has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 15 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $61.71, Monster Beverage has a forecasted upside of 12.7% from its current price of $54.75.
Amount of Analyst Coverage
Monster Beverage has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.10% of the outstanding shares of Monster Beverage have been sold short.
Short Interest Ratio / Days to Cover
Monster Beverage has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Monster Beverage has recently decreased by 6.74%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Monster Beverage does not currently pay a dividend.
Dividend Growth
Monster Beverage does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Monster Beverage has received a -121.75% net impact score from Upright. The largest negative impact of Monster Beverage in category "Physical diseases" is driven by its "Energy drinks" product. See details.
Environmental Sustainability
The Environmental Impact score for Monster Beverage is -0.98.

2.8

News and Social Media Coverage

News Sentiment
Monster Beverage has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Monster Beverage this week, compared to 7 articles on an average week.
Search Interest
Only 19 people have searched for MNST on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.
MarketBeat Follows
19 people have added Monster Beverage to their MarketBeat watchlist in the last 30 days. This is an increase of 36% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Monster Beverage insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,620,379.00 in company stock.
Percentage Held by Insiders
Only 9.40% of the stock of Monster Beverage is held by insiders.
Percentage Held by Institutions
64.60% of the stock of Monster Beverage is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Monster Beverage are expected to grow by 16.23% in the coming year, from $1.54 to $1.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Monster Beverage is 40.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Monster Beverage is 40.41, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 20.37.
Price to Earnings Growth Ratio
Monster Beverage has a PEG Ratio of 1.59. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Monster Beverage has a P/B Ratio of 8.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Monster Beverage (NASDAQ:MNST) Stock

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: Finished Product, Concentrate, and Other. It offers carbonated non-carbonated energy drinks, ready-to-drink iced teas and juice drinks, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages. The company sells its products to full service beverage bottlers/distributors, retail grocery and specialty chains, wholesalers, club stores, drug chains, mass merchandisers, convenience chains, health food distributors, food service customers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. It provides its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Nitro, Java Monster, Punch Monster, Juice Monster, Muscle Monster, Espresso Monster, Monster Hydro Energy Water, Monster Hydro Super Sport, Monster Super Fuel, Monster Dragon Tea, Reign Total Body Fuel, and Reign Inferno Thermogenic Fuel, Reign Storm, True North, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, and Fury brands. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

MNST Price History

30 days | 90 days | 365 days | Advanced Chart

MNST Stock News Headlines

August 25, 2023 | marketbeat.com

Monster Beverage: Does It Have An Energetic Path Forward?

Energy drink maker Monster Beverage has become a standout in the S&P 500, with a long history of solid price performance. Analysts see more room for growth.

September 19, 2023 | finance.yahoo.com

Monster Beverage (MNST) Dips More Than Broader Markets: What You Should Know

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 18, 2023 | seekingalpha.com

Monster Beverage: The Energy Behind A 500% Surge And Counting

September 13, 2023 | markets.businessinsider.com

CELH, KO, MNST: 3 Strong-Buy-Rated Drink Stocks with Lots of Fizz

September 11, 2023 | finance.yahoo.com

Monster Beverage (MNST) Outpaces Stock Market Gains: What You Should Know

September 11, 2023 | seekingalpha.com

Monster Beverage: Strong Fundamentals But No Margin Of Safety

September 8, 2023 | finance.yahoo.com

Monster Beverage (MNST) Stock Sinks As Market Gains: What You Should Know

September 22, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.

September 8, 2023 | marketwatch.com

Monster Beverage Corp. stock falls Friday, underperforms market

September 7, 2023 | finance.yahoo.com

2 Stock-Split Growth Stocks That Turned $4,000 Into $1 Million (or More) in Just 20 Years

September 1, 2023 | finance.yahoo.com

Energy Drink Demand to Aid Monster Beverage's (MNST) Sales

September 1, 2023 | gurufocus.com

Monster Beverage Corp (MNST): A Deep Dive into Financial Metrics and Competitive Strengths

August 31, 2023 | nasdaq.com

This "Monster" Stock is the Best Performer of the Last 25 Years

August 30, 2023 | msn.com

This Stock is the Best Performer of the Last 25 Years

August 28, 2023 | msn.com

Drink Up: A Monster Run Is Ready to Continue

August 28, 2023 | finance.yahoo.com

Buy This Stock. It’s the Best-Performing Stock of the Past 25 Years.

August 20, 2023 | thestreet.com

Monster Beverage Takes Profit Hit to Prep for Partnership With Coca-Cola

August 18, 2023 | finance.yahoo.com

Monster Stock Recovers From Earnings Sell-Off, Forms Early Entry

August 17, 2023 | msn.com

Monster Beverage: Bullish Prospects But Demanding Valuation

August 16, 2023 | benzinga.com

$1000 Invested In Monster Beverage 10 Years Ago Would Be Worth This Much Today

August 15, 2023 | finance.yahoo.com

Red Bull needs to watch its back, according to analysts—it’s got an energy drink competitor from the U.S. which may steal its $70 billion-industry throne

August 14, 2023 | investing.com

Monster Beverage premium to Coke warranted on 'superior growth profile' - HSBC

August 12, 2023 | finance.yahoo.com

A Bull Market Is Coming: 2 Magnificent Stock-Split Stocks to Buy Now and Hold Through the Rally

August 11, 2023 | markets.businessinsider.com

Monster Beverage (MNST) Receives a Buy from Evercore ISI

August 11, 2023 | msn.com

Evercore ISI Group Reiterates Monster Beverage (MNST) Outperform Recommendation

August 9, 2023 | finance.yahoo.com

Why Celsius Holdings Stock Popped More Than 20% Higher Today

See More Headlines

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MNST Company Calendar

Last Earnings: 8/03/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Bottled & canned soft drinks
Sub-Industry: Soft Drinks
Sector: Consumer Staples
Current Symbol: NASDAQ:MNST
CUSIP: 61174010
CIK: 865752
Web: www.monsterbevcorp.com
Phone: (800) 426-7367
Fax: 951-739-6210
Employees: 5,296
Year Founded: 1935

Price Target and Rating

Average Stock Price Forecast: $61.71
High Stock Price Forecast: $72.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +12.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 21 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.3550
Trailing P/E Ratio: 40.41
Forward P/E Ratio: 35.55
P/E Growth: 1.59
Net Income: $1.19 billion
Net Margins: 21.45%
Pretax Margin: 27.65%
Return on Equity: 19.75%
Return on Assets: 16.59%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.86
Quick Ratio: 4.14

Sales & Book Value

Annual Sales: $6.31 billion
Price / Sales: 9.09
Cash Flow: $1.17 per share
Price / Cash Flow: 46.65
Book Value: $6.73 per share
Price / Book: 8.14

Miscellaneous

Outstanding Shares: 1,047,520,000
Free Float: 949,051,000
Market Cap: $57.35 billion
Optionable: Optionable
Beta: 0.83

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Key Executives

Mr. Rodney Cyril Sacks H.Dip.Law (Age 73)
H.Dip.Tax, Co-CEO & Chairman
Comp: $1.85M

Mr. Hilton H. Schlosberg (Age 70)
Co-CEO & Vice Chairman
Comp: $1.83M

Mr. Thomas J. Kelly (Age 69)
Chief Financial Officer
Comp: $1.01M

Mr. Guy P. Carling (Age 46)
Pres of EMEA
Comp: $1.18M

Ms. Emelie C. Tirre (Age 53)
Pres of the Americas
Comp: $1.36M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MNST Stock - Frequently Asked Questions

Should I buy or sell Monster Beverage stock right now?: 21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 6 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MNST shares.
View MNST analyst ratings or view top-rated stocks.
What is Monster Beverage's stock price forecast for 2023?: 21 brokerages have issued 1 year price objectives for Monster Beverage's shares. Their MNST share price forecasts range from $50.00 to $72.00. On average, they anticipate the company's share price to reach $61.71 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price.
View analysts price targets for MNST or view top-rated stocks among Wall Street analysts.
How have MNST shares performed in 2023?: Monster Beverage's stock was trading at $50.7650 on January 1st, 2023. Since then, MNST shares have increased by 7.8% and is now trading at $54.75.
View the best growth stocks for 2023 here.
When is Monster Beverage's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our MNST earnings forecast.
How were Monster Beverage's earnings last quarter?: Monster Beverage Co. (NASDAQ:MNST) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The firm earned $1.86 billion during the quarter, compared to the consensus estimate of $1.87 billion. Monster Beverage had a trailing twelve-month return on equity of 19.75% and a net margin of 21.45%. The company's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.25 earnings per share.
Read the conference call transcript.
What ETFs hold Monster Beverage's stock?: ETFs with the largest weight of Monster Beverage (NASDAQ:MNST) stock in their portfolio include Invesco Select Growth ETF (IVSG), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Formidable Fortress ETF (KONG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), ClearBridge Large Cap Growth ESG ETF (LRGE) and Invesco Focused Discovery Growth ETF (IVDG).
When did Monster Beverage's stock split?: Shares of Monster Beverage split on the morning of Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly minted shares were issued to shareholders after the market closes on Monday, March 27th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
How will Monster Beverage's stock buyback program work?: Monster Beverage declared that its board has initiated a share repurchase plan on Thursday, November 3rd 2022, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

What is Rodney C. Sacks' approval rating as Monster Beverage's CEO?: 114 employees have rated Monster Beverage Chief Executive Officer Rodney C. Sacks on Glassdoor.com. Rodney C. Sacks has an approval rating of 93% among the company's employees. This puts Rodney C. Sacks in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Monster Beverage own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Monster Beverage investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), Starbucks (SBUX), Cisco Systems (CSCO), Intel (INTC), PayPal (PYPL), Home Depot (HD) and Johnson & Johnson (JNJ).
What is Monster Beverage's stock symbol?: Monster Beverage trades on the NASDAQ under the ticker symbol "MNST."
Who are Monster Beverage's major shareholders?: Monster Beverage's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.09%), Alliancebernstein L.P. (3.55%), State Street Corp (3.31%), Capital World Investors (2.06%), Nuveen Asset Management LLC (1.75%) and Nuveen Asset Management LLC (1.75%). Insiders that own company stock include Ana Demel, Emelie Tirre, Guy Carling, Hilton H Schlosberg, Mark J Hall, Mark Vidergauz and Thomas J Kelly.
View institutional ownership trends.
How do I buy shares of Monster Beverage?: Shares of MNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Monster Beverage's stock price today?: One share of MNST stock can currently be purchased for approximately $54.75.
How much money does Monster Beverage make?: Monster Beverage (NASDAQ:MNST) has a market capitalization of $57.35 billion and generates $6.31 billion in revenue each year. The company earns $1.19 billion in net income (profit) each year or $1.3550 on an earnings per share basis.
How many employees does Monster Beverage have?: The company employs 5,296 workers across the globe.
How can I contact Monster Beverage?: Monster Beverage's mailing address is 1 MONSTER WAY, CORONA CA, 92879. The official website for the company is www.monsterbevcorp.com. The company can be reached via phone at (800) 426-7367, via email at jsfetcu@pondel.com, or via fax at 951-739-6210.

This page (NASDAQ:MNST) was last updated on 9/22/2023 by MarketBeat.com Staff

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