S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
PriceSmart Could Be the Smartest Buy of the Year
Carmax Returns to the Bargain Basement: Buy the Dip? 
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
PriceSmart Could Be the Smartest Buy of the Year
Carmax Returns to the Bargain Basement: Buy the Dip? 
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
PriceSmart Could Be the Smartest Buy of the Year
Carmax Returns to the Bargain Basement: Buy the Dip? 
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
PriceSmart Could Be the Smartest Buy of the Year
Carmax Returns to the Bargain Basement: Buy the Dip? 
NASDAQ:MNST

Monster Beverage (MNST) Stock Price, News & Analysis

$54.73
-0.08 (-0.15%)
(As of 04/11/2024 ET)
Today's Range
$54.46
$55.10
50-Day Range
$54.73
$60.85
52-Week Range
$47.13
$61.22
Volume
4.53 million shs
Average Volume
4.23 million shs
Market Capitalization
$56.95 billion
P/E Ratio
35.31
Dividend Yield
N/A
Price Target
$63.11

Monster Beverage MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
15.3% Upside
$63.11 Price Target
Short Interest
Healthy
1.36% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.98
Upright™ Environmental Score
News Sentiment
1.26mentions of Monster Beverage in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$38.58 M Sold Last Quarter
Proj. Earnings Growth
13.26%
From $1.81 to $2.05 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.

3.96 out of 5 stars

Consumer Staples Sector

145th out of 387 stocks

Bottled & Canned Soft Drinks Industry

4th out of 21 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

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Keurig Dr Pepper reported earnings and reaffirmed its guidance, which may cause value-oriented investors to give the stock a closer look
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With this AI Trade Finder, one of my newer students took his trading account from $1,500 to over $9,400 in just over a month
Wells Fargo Reaffirms Their Buy Rating on Monster Beverage (MNST)
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Think Twice About Betting Against Monster Beverage
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/12/2024
Next Earnings (Estimated)
5/02/2024
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
$63.11
High Stock Price Target
$69.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+15.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
20 Analysts

Profitability

Net Income
$1.63 billion
Pretax Margin
28.97%

Debt

Sales & Book Value

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

Miscellaneous

Outstanding Shares
1,040,640,000
Free Float
942,816,000
Market Cap
$56.95 billion
Optionable
Optionable
Beta
0.72

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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 has a diverse product portfolio, including energy drinks, juices, and flavored beverages, catering to a wide range of consumer preferences.
  • The company has a strong presence in the energy drink market, with popular brands like Monster Energy, Reign Total Body Fuel, and Bang Energy, which have a loyal customer base.
  • Recent analyst ratings have been positive, with price targets being raised and buy ratings given, indicating confidence in the company's growth potential.
  • Monster Beverage has shown consistent growth in revenue and market share, reflecting its ability to adapt to changing consumer trends and preferences.
  • Despite fluctuations, the stock price of Monster Beverage has shown resilience and potential for long-term growth, making it an attractive investment option.

Cons

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

  • As a company heavily reliant on the beverage industry, Monster Beverage is susceptible to market volatility and changing consumer preferences, which could impact its sales and profitability.
  • The competitive landscape in the energy drink market is intense, with rival brands constantly innovating and entering the market, posing a challenge to Monster Beverage's market share.
  • While the stock has shown resilience, it may still be subject to fluctuations in the stock market and broader economic conditions, affecting investor returns.
  • Regulatory changes or health concerns related to energy drinks could impact Monster Beverage's sales and reputation, leading to potential challenges in the future.
  • Investors should carefully monitor the company's financial performance and industry trends to make informed decisions about investing in Monster Beverage Co.
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 Saturday, April 6, 2024. Please send any questions or comments about these Monster Beverage pros and cons to contact@marketbeat.com.

MNST Stock Analysis - Frequently Asked Questions

Should I buy or sell Monster Beverage stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last twelve months. There are currently 5 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

20 analysts have issued 1 year target prices for Monster Beverage's stock. Their MNST share price targets range from $55.00 to $69.00. On average, they predict the company's stock price to reach $63.11 in the next twelve months. This suggests a possible upside of 15.3% 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 2024?

Monster Beverage's stock was trading at $57.61 at the beginning of 2024. Since then, MNST stock has decreased by 5.0% and is now trading at $54.73.
View the best growth stocks for 2024 here
.

When is Monster Beverage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MNST earnings forecast
.

How were Monster Beverage's earnings last quarter?

Monster Beverage Co. (NASDAQ:MNST) posted its quarterly earnings data on Wednesday, February, 28th. The company reported $0.38 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.38. The firm had revenue of $1.73 billion for the quarter, compared to analysts' expectations of $1.76 billion. Monster Beverage had a net margin of 22.84% and a trailing twelve-month return on equity of 20.95%. Monster Beverage's quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.28 EPS.
Read the conference call transcript
.

When did Monster Beverage's stock split?

Monster Beverage's stock split on the morning of Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly created 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 declared that its board has authorized a share repurchase plan on Wednesday, November 8th 2023, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 0.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors 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).

Who are Monster Beverage's major shareholders?

Monster Beverage's stock is owned by a number of retail and institutional investors. Top institutional investors include Ferguson Wellman Capital Management Inc. (0.05%), Los Angeles Capital Management LLC (0.05%), Park National Corp OH (0.02%), CHURCHILL MANAGEMENT Corp (0.02%), Czech National Bank (0.01%) and Appleton Partners Inc. MA (0.01%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MNST) was last updated on 4/12/2024 by MarketBeat.com Staff

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