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Monster Beverage (MNST) Stock Price, News & Analysis

$49.59
-0.72 (-1.43%)
(As of 07/24/2024 ET)
Today's Range
$49.38
$50.45
50-Day Range
$48.03
$54.11
52-Week Range
$47.13
$61.22
Volume
7.11 million shs
Average Volume
5.57 million shs
Market Capitalization
$51.66 billion
P/E Ratio
31.19
Dividend Yield
N/A
Price Target
$59.33

Monster Beverage MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
19.6% Upside
$59.33 Price Target
Short Interest
Healthy
2.19% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.98
Upright™ Environmental Score
News Sentiment
0.88mentions of Monster Beverage in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$16.07 M Sold Last Quarter
Proj. Earnings Growth
14.86%
From $1.75 to $2.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.34 out of 5 stars

Consumer Staples Sector

27th out of 132 stocks

Bottled & Canned Soft Drinks Industry

2nd out of 8 stocks

MNST stock logo

About Monster Beverage Stock (NASDAQ:MNST)

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. It offers carbonated non-carbonated energy drinks, ready-to-drink iced teas, 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, mass merchandisers, convenience chains, food service customers, value stores, e-commerce retailers, 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 Tour Water, Fury, Monster MAXX, Caffe Monster, Monster Hydro, Monster HydroSport Super Fuel, Monster Dragon Tea, Reign Total Body Fuel, and Reign Inferno Thermogenic Fuel, Reign Storm, Bang Energy, 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 Stock Price History

MNST Stock News Headlines

MNST Jun 2025 62.500 call
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Monster Beverage (NASDAQ:MNST) Price Target Cut to $55.00
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
3 Growth Stocks to Buy and Hold Forever
Why Dick's (DKS) Stock Is Trading Up Today
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/25/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
Soft Drinks
Current Symbol
NASDAQ:MNST
CUSIP
61174010
Employees
6,003
Year Founded
1935

Price Target and Rating

Average Stock Price Target
$59.33
High Stock Price Target
$69.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+19.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
22 Analysts

Profitability

Net Income
$1.63 billion
Pretax Margin
29.27%

Debt

Sales & Book Value

Annual Sales
$7.14 billion
Cash Flow
$1.62 per share
Book Value
$7.91 per share

Miscellaneous

Outstanding Shares
1,041,730,000
Free Float
960,473,000
Market Cap
$51.66 billion
Optionable
Optionable
Beta
0.76

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Should I Buy Monster Beverage Stock? MNST Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Monster Beverage Co.:

  • Monster Beverage Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • Recent institutional inflows into Monster Beverage Co. suggest confidence from large investors in the company's future prospects.
  • Despite recent analyst downgrades, the stock price of Monster Beverage Co. has the potential for a rebound, presenting a buying opportunity at a lower valuation.
  • Monster Beverage Co. has a solid market capitalization of $51.40 billion, indicating stability and market presence.
  • The company's earnings per share for the current fiscal year are forecasted to be 1.77, showcasing potential profitability for investors.

Cons

Investors should be bearish about investing in Monster Beverage Co. for these reasons:

  • Analyst downgrades on Monster Beverage Co. may indicate underlying concerns about the company's future performance and growth prospects.
  • The stock price of Monster Beverage Co. has experienced a 1.1% decline, signaling potential volatility and uncertainty in the market.
  • Competition in the energy drink sector is intense, with other major players vying for market share, posing a challenge to Monster Beverage Co.'s growth trajectory.
  • Recent reduction in stakes by some institutional investors may raise questions about the company's long-term outlook and strategic direction.
  • The company's PE ratio of 30.95 and price-to-earnings-growth ratio of 1.98 may indicate that the stock is currently trading at a premium valuation, potentially limiting upside potential for investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Monster Beverage pros and cons to contact@marketbeat.com.

MNST Stock Analysis - Frequently Asked Questions

How have MNST shares performed this year?

Monster Beverage's stock was trading at $57.61 at the start of the year. Since then, MNST stock has decreased by 13.9% and is now trading at $49.59.
View the best growth stocks for 2024 here
.

How were Monster Beverage's earnings last quarter?

Monster Beverage Co. (NASDAQ:MNST) released its quarterly earnings data on Thursday, May, 2nd. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.01. The firm's revenue was up 11.8% on a year-over-year basis.
Read the conference call transcript
.

When did Monster Beverage's stock split?

Shares of Monster Beverage split before market open on Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly minted shares were distributed to shareholders after the closing bell 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's board initiated a stock buyback plan on Wednesday, November 8th 2023, which authorizes the company to buy back $500,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 0.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board 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.

Who are Monster Beverage's major shareholders?

Monster Beverage's top institutional shareholders include Ninety One UK Ltd (0.72%), Sumitomo Mitsui Trust Holdings Inc. (0.17%), AMF Tjanstepension AB (0.16%) and Raymond James & Associates (0.11%). Insiders that own company stock include Hilton H Schlosberg, Mark J Hall, Mark Vidergauz, Thomas J Kelly, Emelie Tirre, Ana Demel and Guy Carling.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Monster Beverage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Monster Beverage investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), Starbucks (SBUX), Cisco Systems (CSCO) and Intel (INTC).

This page (NASDAQ:MNST) was last updated on 7/25/2024 by MarketBeat.com Staff

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