Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages and concentrates in the United States and internationally. It operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. The company offers ready-to-drink packaged energy drinks, carbonated energy drinks, non-carbonated dairy based coffee and energy drinks, non-carbonated energy shakes, and non-carbonated energy drinks primarily to bottlers and full service beverage distributors, as well as sells directly to retail grocery and specialty chains, wholesalers, club stores, drug stores, mass merchandisers, convenience chains, food service customers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations.
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Industry, Sector and Symbol
Industry Bottled & canned soft drinks
Sub-IndustrySoft Drinks
SectorConsumer Staples
Phone909-739-6200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.81 billion
Profitability
Miscellaneous
Employees3,142
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable
Monster Beverage (NASDAQ:MNST) Frequently Asked Questions
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?
Shares of Monster Beverage split on Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly issued shares were payable to shareholders after the closing bell 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 announced that its board has approved a share repurchase plan on Wednesday, August 8th 2018, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its shares are undervalued.
How were Monster Beverage's earnings last quarter?
Monster Beverage Corp (NASDAQ:MNST) released its quarterly earnings data on Thursday, November, 7th. The company reported $0.55 EPS for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.01. The company earned $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. Monster Beverage had a net margin of 26.58% and a return on equity of 28.23%. The firm's quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 earnings per share. View Monster Beverage's Earnings History.
When is Monster Beverage's next earnings date?
What price target have analysts set for MNST?
14 equities research analysts have issued 12-month price targets for Monster Beverage's shares. Their forecasts range from $52.00 to $77.00. On average, they anticipate Monster Beverage's stock price to reach $65.07 in the next year. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets for Monster Beverage.
What is the consensus analysts' recommendation for Monster Beverage?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monster Beverage.
What are Wall Street analysts saying about Monster Beverage stock?
Here are some recent quotes from research analysts about Monster Beverage stock:
- 1. According to Zacks Investment Research, "Shares of Monster Beverage underperformed the industry in the past three months. The company reported lower-than-expected earnings and sales in second-quarter 2019. Further, the quarter witnessed soft margins and adverse impacts of currency. Negative geographic and product mix, and higher input costs hurt gross margin. This coupled with increased operating costs dented the operating margin. Nevertheless, top and bottom lines grew year over year, driven by strength in the Monster Energy brand. In fact, momentum in its energy drinks category is aiding results for a while now. Additionally, it is witnessing robust growth in the international markets and is on track to launch products to drive the top line. Furthermore, Monster Beverage is optimistic about the alignment with Coca-Cola’s bottlers, which expanded its distribution network." (10/1/2019)
- 2. Jefferies Financial Group Inc analysts commented, "We came away positive from MNST’s NYC Analyst Day as commentary centered on: (i) high expectations for Reign launch (March) in performance segment in response to Bang, (ii) update on." (1/18/2019)
Has Monster Beverage been receiving favorable news coverage?
Media headlines about MNST stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Monster Beverage earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Monster Beverage.
Are investors shorting Monster Beverage?
Monster Beverage saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 11,850,000 shares, an increase of 5.1% from the October 31st total of 11,280,000 shares. Based on an average daily trading volume, of 2,860,000 shares, the days-to-cover ratio is currently 4.1 days. Currently, 3.1% of the shares of the company are sold short. View Monster Beverage's Current Options Chain.
Who are some of Monster Beverage's key competitors?
Some companies that are related to Monster Beverage include Fomento Economico Mexicano SAB (FMX), Coca-Cola European Partners (CCEP), COCA-COLA HBC A/ADR (CCHGY), Coca-Cola FEMSA (KOF), BRITVIC PLC/S (BTVCY), Embotelladora Andina SA ADR Series B (AKO.B), Coca-Cola Consolidated (COKE), National Beverage (FIZZ), Embotelladora Andina SA ADR Series A (AKO.A), Cott (COT), Celsius (CELH), Reeds (REED) and Golfgear International (MCHA).
What other stocks do shareholders of Monster Beverage own?
Who are Monster Beverage's key executives?
Monster Beverage's management team includes the folowing people:
- Mr. Rodney Cyril Sacks, Chairman & CEO (Age 69)
- Mr. Hilton H. Schlosberg, Vice Chairman, Pres, COO, CFO & Sec. (Age 66)
- Mr. Thomas J. Kelly, Exec. VP of Fin., Controller & Sec. (Age 65)
- Mr. Guy Carling, Pres of EMEA (Age 42)
- Ms. Emelie Tirre, Pres of the Americas (Age 49)
Who are Monster Beverage's major shareholders?
Monster Beverage's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (3.30%), Maverick Capital Ltd. (0.57%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Eagle Asset Management Inc. (0.27%), Parametric Portfolio Associates LLC (0.20%) and Worldquant Millennium Advisors LLC (0.17%). Company insiders that own Monster Beverage stock include Emelie Tirre, Guy Carling, Harold C Taber Jr, Hilton H Schlosberg, Mark J Hall, Norman Epstein, Rodney C Sacks and Thomas J Kelly. View Institutional Ownership Trends for Monster Beverage.
Which institutional investors are selling Monster Beverage stock?
MNST stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Russell Investments Group Ltd., Worldquant Millennium Advisors LLC, State of New Jersey Common Pension Fund D, Teacher Retirement System of Texas, Virginia Retirement Systems ET AL, State of Tennessee Treasury Department and Gateway Investment Advisers LLC. Company insiders that have sold Monster Beverage company stock in the last year include Emelie Tirre, Guy Carling, Harold C Taber Jr, Mark J Hall and Thomas J Kelly. View Insider Buying and Selling for Monster Beverage.
Which institutional investors are buying Monster Beverage stock?
MNST stock was bought by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., First Trust Advisors LP, Coronation Fund Managers Ltd., State Street Corp, Squarepoint Ops LLC, Assenagon Asset Management S.A., California Public Employees Retirement System and Great West Life Assurance Co. Can. View Insider Buying and Selling for Monster Beverage.
How do I buy shares of Monster Beverage?
Shares of MNST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Monster Beverage's stock price today?
One share of MNST stock can currently be purchased for approximately $60.04.
How big of a company is Monster Beverage?
Monster Beverage has a market capitalization of $32.28 billion and generates $3.81 billion in revenue each year. The company earns $993 million in net income (profit) each year or $1.79 on an earnings per share basis. Monster Beverage employs 3,142 workers across the globe.View Additional Information About Monster Beverage.
What is Monster Beverage's official website?
How can I contact Monster Beverage?
Monster Beverage's mailing address is 1 MONSTER WAY, CORONA CA, 92879. The company can be reached via phone at 909-739-6200 or via email at [email protected]
MarketBeat Community Rating for Monster Beverage (NASDAQ MNST)
MarketBeat's community ratings are surveys of what our community members think about Monster Beverage and other stocks. Vote "Outperform" if you believe MNST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MNST will underperform the S&P 500 over the long term. You may vote once every thirty days.
