Monster Beverage Corporation Company Profile (NASDAQ:MNST)

About Monster Beverage Corporation (NASDAQ:MNST)

Monster Beverage Corporation 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
  • Symbol: NASDAQ:MNST
  • CUSIP: 61174010
  • Web: www.monsterbevcorp.com
Capitalization:
  • Market Cap: $31.81179 billion
  • Outstanding Shares: 568,169,000
Average Prices:
  • 50 Day Moving Avg: $55.88
  • 200 Day Moving Avg: $51.59
  • 52 Week Range: $40.64 - $57.25
P/E:
  • Trailing P/E Ratio: 42.71
  • Foreward P/E Ratio: 33.02
  • P/E Growth: 1.92
Sales & Book Value:
  • Annual Revenue: $3.19 billion
  • Price / Sales: 10.06
  • Book Value: $6.65 per share
  • Price / Book: 8.49
Profitability:
  • EBITDA: $1.28 billion
  • Net Margins: 23.98%
  • Return on Equity: 22.96%
  • Return on Assets: 18.50%
Debt:
  • Current Ratio: 3.35%
  • Quick Ratio: 3.01%
Misc:
  • Average Volume: 1.84 million shs.
  • Beta: 1.02
  • Short Ratio: 4.24
 

Frequently Asked Questions for Monster Beverage Corporation (NASDAQ:MNST)

What is Monster Beverage Corporation's stock symbol?

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

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

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

How will Monster Beverage Corporation's stock buyback program work?

Monster Beverage Corporation announced that its board has approved a stock repurchase program on Tuesday, April 11th 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 28% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

How were Monster Beverage Corporation's earnings last quarter?

Monster Beverage Corporation (NASDAQ:MNST) released its earnings results on Tuesday, August, 8th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.01. The business earned $907.07 million during the quarter, compared to analyst estimates of $901.38 million. Monster Beverage Corporation had a net margin of 23.98% and a return on equity of 22.96%. The firm's revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 EPS. View Monster Beverage Corporation's Earnings History.

When will Monster Beverage Corporation make its next earnings announcement?

Monster Beverage Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Monster Beverage Corporation.

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

13 equities research analysts have issued 12-month price objectives for Monster Beverage Corporation's stock. Their predictions range from $42.00 to $65.00. On average, they expect Monster Beverage Corporation's share price to reach $57.15 in the next twelve months. View Analyst Ratings for Monster Beverage Corporation.

What are analysts saying about Monster Beverage Corporation stock?

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

  • 1. According to Zacks Investment Research, "Monster Beverage’s earnings missed the Zacks Consensus Estimate by 2.5% but increased 28.6% year over year on higher sales. The international segment posted strong results and looks well positioned for the days ahead. The company has several new products lined up for the remaining of 2017 which is expected to boost sales. The company successfully launched or transitioned Monster Energy Drinks to Coca-Cola bottlers in a number of markets in the quarter and expects further transitions and launches in the second half of the year. However, operating expenses continue to rise. Results were also hurt by unfavorable currency rates which dented quarterly net sales by $8.3 million." (8/10/2017)
  • 2. Jefferies Group LLC analysts commented, "We lift our PT to $63 following MNST’s solid 1Q results as the co. continues to deliver peer-leading org sales growth (+9.5% in qtr) in a tough env’t. LT story here is very much intact with a long runway in intl. (30% FX neutral in 1Q) and US results improving after soft Dec-Feb. Our FY17-19 EPS est. are little changed, though at 17x ’18e EV/EBITDA (16% prem. to KO/PEP), MNST still has room to re-rate vs. hist. ~35% avg. prem. to peers. MNST remains a top pick. MNST posted a solid 1Q as the co. delivered 9.5% org sales growth, 255 bps of GM% expansion, and 22% adj. EPS growth (all items adj. for deferred revenue and distributor termination costs). Though results fell modestly short of consensus (-1% net sales/gross profit misses, adj. EPS of $0.32 was $0.01 below Street), the co." (5/5/2017)
  • 3. BMO Capital Markets analysts commented, "We do not know what the story is other than cost-cutting at this point." (4/27/2017)
  • 4. 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)
  • 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)

Who are some of Monster Beverage Corporation's key competitors?

Who owns Monster Beverage Corporation stock?

Monster Beverage Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.09%), State Treasurer State of Michigan (0.02%), Mutual of America Capital Management LLC (0.01%), Fulton Bank N.A. (0.00%), Oakbrook Investments LLC (0.00%) and Douglas Lane & Associates LLC (0.00%). Company insiders that own Monster Beverage Corporation stock include Harold C Taber Jr, Hilton H Schlosberg, Mark J Hall, Rodney C Sacks, Sydney Selati and Thomas J Kelly. View Institutional Ownership Trends for Monster Beverage Corporation.

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

Monster Beverage Corporation's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan and Fulton Bank N.A.. Company insiders that have sold Monster Beverage Corporation stock in the last year include Harold C Taber Jr, Mark J Hall and Sydney Selati. View Insider Buying and Selling for Monster Beverage Corporation.

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

Monster Beverage Corporation's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Quantitative Systematic Strategies LLC, Skylands Capital LLC, Sabal Trust CO, Douglas Lane & Associates LLC, Oakbrook Investments LLC and Mutual of America Capital Management LLC. View Insider Buying and Selling for Monster Beverage Corporation.

How do I buy Monster Beverage Corporation stock?

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

What is Monster Beverage Corporation's stock price today?

One share of Monster Beverage Corporation stock can currently be purchased for approximately $56.46.


MarketBeat Community Rating for Monster Beverage Corporation (NASDAQ MNST)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  591 (Vote Outperform)
Underperform Votes:  328 (Vote Underperform)
Total Votes:  919
MarketBeat's community ratings are surveys of what our community members think about Monster Beverage Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Monster Beverage Corporation (NASDAQ:MNST) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.77)
Consensus Price Target: $57.15 (1.23% upside)
Consensus Price Target History for Monster Beverage Corporation (NASDAQ:MNST)
Price Target History for Monster Beverage Corporation (NASDAQ:MNST)
Analysts' Ratings History for Monster Beverage Corporation (NASDAQ:MNST)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Citigroup Inc.Set Price TargetBuy$60.00N/AView Rating Details
10/13/2017Jefferies Group LLCReiterated RatingBuy$65.00N/AView Rating Details
9/23/2017Stifel NicolausReiterated RatingBuy$57.00MediumView Rating Details
9/22/2017Royal Bank Of CanadaReiterated RatingBuy$61.00LowView Rating Details
9/14/2017MacquarieInitiated CoverageOutperform -> Outperform$65.00MediumView Rating Details
9/8/2017Credit Suisse GroupDowngradeHoldLowView Rating Details
9/6/2017BMO Capital MarketsReiterated RatingBuy$58.00LowView Rating Details
8/7/2017Susquehanna Bancshares IncReiterated RatingHold$45.00 -> $42.00LowView Rating Details
7/14/2017Cowen and CompanyReiterated RatingBuy$58.00LowView Rating Details
6/16/2017Goldman Sachs Group IncReiterated RatingBuy$57.00LowView Rating Details
5/15/2017Morgan StanleyReiterated RatingOverweight$58.00N/AView Rating Details
4/2/2017Wells Fargo & CompanyReiterated RatingMarket Perform$45.00LowView Rating Details
3/21/2017J P Morgan Chase & CoInitiated CoverageOverweight -> Overweight$56.00LowView Rating Details
4/15/2016Bank of America CorporationReiterated 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
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Monster Beverage Corporation (NASDAQ:MNST)
Earnings by Quarter for Monster Beverage Corporation (NASDAQ:MNST)
Earnings History by Quarter for Monster Beverage Corporation (NASDAQ MNST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
8/8/2017Q2 2017$0.40$0.39$901.38 million$907.07 millionViewListenView Earnings Details
5/4/2017Q1 17$0.32$0.33$738.54 million$742.10 millionViewListenView Earnings Details
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 Corporation (NASDAQ:MNST)
2017 EPS Consensus Estimate: $1.48
2018 EPS Consensus Estimate: $1.64
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$0.36$0.38$0.37
Q1 20181$0.36$0.36$0.36
Q2 20181$0.44$0.44$0.44
Q3 20181$0.43$0.43$0.43
Q4 20181$0.41$0.41$0.41
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Monster Beverage Corporation (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 Corporation (NASDAQ:MNST)
Insider Ownership Percentage: 9.40%
Institutional Ownership Percentage: 65.86%
Insider Trades by Quarter for Monster Beverage Corporation (NASDAQ:MNST)
Institutional Ownership by Quarter for Monster Beverage Corporation (NASDAQ:MNST)
Insider Trades by Quarter for Monster Beverage Corporation (NASDAQ:MNST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2017Sydney SelatiDirectorSell10,000$56.00$560,000.00View SEC Filing  
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

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Monster Beverage Corporation (MNST) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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