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NASDAQ:MNST

Monster Beverage (MNST) Stock Price, News & Analysis

$54.12
-0.57 (-1.04%)
(As of 02:09 PM ET)
Today's Range
$54.11
$55.11
50-Day Range
$54.11
$60.85
52-Week Range
$47.13
$61.22
Volume
2.72 million shs
Average Volume
5.26 million shs
Market Capitalization
$56.32 billion
P/E Ratio
34.92
Dividend Yield
N/A
Price Target
$63.11

Monster Beverage MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
15.6% 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
1.04mentions of Monster Beverage in the last 14 days
Based on 11 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.

3.86 out of 5 stars

Consumer Staples Sector

54th out of 137 stocks

Bottled & Canned Soft Drinks Industry

2nd out of 7 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

Keurig Dr Pepper Reaffirms Its Guidance, Time to Buy? (MNST)
Keurig Dr Pepper reported earnings and reaffirmed its guidance, which may cause value-oriented investors to give the stock a closer look
IRS Loophole Gives Americans An Escape From Inflation
In the years immediately following 2008-09, as the economy stagnated, gold exploded in value. Today, Goldman Sachs is telling its clients that gold may reach $2,250 within the next few years. Don't miss your chance to diversify your savings.
Wells Fargo Reaffirms Their Buy Rating on Monster Beverage (MNST)
Why SMART (SGH) Shares Are Trading Lower Today
IRS Loophole Gives Americans An Escape From Inflation
In the years immediately following 2008-09, as the economy stagnated, gold exploded in value. Today, Goldman Sachs is telling its clients that gold may reach $2,250 within the next few years. Don't miss your chance to diversify your savings.
Why The Honest Company (HNST) Shares Are Falling Today
Fintech funding slows to the lowest level since 2017
Why Are Levi's (LEVI) Shares Soaring Today
5 Most Valuable Alcohol Companies in the World
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/17/2024
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
+15.4%
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
$1.63 per share
Book Value
$7.91 per share

Miscellaneous

Outstanding Shares
1,040,640,000
Free Float
942,816,000
Market Cap
$56.91 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 Co. has a long history of big gains, with a rolling 15-year return of 23.44%, indicating strong performance over time.
  • Analysts have a consensus view of a "moderate buy" rating for Monster Beverage Co., with a price target of $61.71, suggesting potential upside of 8.21%.
  • Strong brand strength and a long-term distribution partnership with Coca-Cola Co., a major distributor of Monster's non-alcohol products, provide stability and growth opportunities.
  • Revenue for Monster Beverage Co. grew by 12% to $1.85 billion, showcasing healthy financial performance and growth in earnings.
  • Despite trading at a premium relative to intrinsic value, Morningstar has a constructive view of Monster's long-term prospects, projecting high-single-digit annual sales growth and strong operating margins.

Cons

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

  • Monster Beverage Co. shares are currently trading at a 17% premium relative to intrinsic value, which may pose a risk for investors looking for undervalued opportunities.
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 Thursday, April 11, 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 equities research 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 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 target for 2024?

20 Wall Street analysts have issued twelve-month price targets for Monster Beverage's stock. Their MNST share price targets range from $55.00 to $69.00. On average, they predict the company's share price to reach $63.11 in the next twelve months. This suggests a possible upside of 15.6% 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 5.2% and is now trading at $54.60.
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 results on Wednesday, February, 28th. The company reported $0.38 earnings per share for the quarter, meeting analysts' consensus estimates of $0.38. The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.76 billion. Monster Beverage had a net margin of 22.84% and a trailing twelve-month return on equity of 20.95%. The business's quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the previous 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 payable 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 of Directors has authorized a stock repurchase program on Wednesday, November 8th 2023, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 0.9% of its shares through open market purchases. Shares buyback programs are generally an indication 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 shareholders include Ferguson Wellman Capital Management Inc. (0.05%), Los Angeles Capital Management LLC (0.05%), Gateway Investment Advisers LLC (0.04%), Park National Corp OH (0.02%), CHURCHILL MANAGEMENT Corp (0.02%) and Czech National Bank (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 4/17/2024 by MarketBeat.com Staff

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