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NASDAQ:MNST

Monster Beverage (MNST) Stock Price, News & Analysis

$52.69
+0.24 (+0.46%)
(As of 06/7/2024 ET)
Today's Range
$52.02
$52.73
50-Day Range
$51.24
$57.74
52-Week Range
$47.13
$61.22
Volume
18.59 million shs
Average Volume
12.72 million shs
Market Capitalization
$54.89 billion
P/E Ratio
33.14
Dividend Yield
N/A
Price Target
$61.32

Monster Beverage MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
16.4% Upside
$61.32 Price Target
Short Interest
Healthy
1.50% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.98
Upright™ Environmental Score
News Sentiment
1.25mentions of Monster Beverage in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.12%
From $1.77 to $2.02 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.

3.84 out of 5 stars

Consumer Staples Sector

43rd out of 126 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

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The dip on Celsius stock is one to watch out for, as the company reports blowout financial results, analysts see double-digit growth ahead this year.
Monster Beverage Sees Unusually Large Options Volume (NASDAQ:MNST)
Monster Beverage (NASDAQ:MNST) Sees Large Volume Increase
Why Dick's (DKS) Stock Is Trading Up Today
Monster Beverage: Is It Worth Buying This Beast?
Monster Energy Cares: Matt Dawson
Monster Energy: Enlisted Aide of the Year Award
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
6/08/2024
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
$61.32
High Stock Price Target
$69.00
Low Stock Price Target
$46.00
Potential Upside/Downside
+16.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
20 Analysts

Profitability

Net Income
$1.63 billion
Pretax Margin
29.27%

Debt

Sales & Book Value

Annual Sales
$7.14 billion
Cash Flow
$1.65 per share
Book Value
$7.91 per share

Miscellaneous

Outstanding Shares
1,041,730,000
Free Float
960,473,000
Market Cap
$54.89 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.
  • The company has a solid track record of introducing successful new products, which can lead to increased market share and revenue.
  • Recent market trends show an increasing demand for energy drinks, positioning Monster Beverage Co. in a favorable market segment.
  • Analysts have set a positive price target for Monster Beverage Co., suggesting potential stock price appreciation in the near future.
  • Monster Beverage Co. has a healthy dividend payout ratio, providing investors with a steady income stream.

Cons

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

  • Increased competition in the energy drink market could potentially impact Monster Beverage Co.'s market share and profitability.
  • Fluctuations in commodity prices, such as sugar and aluminum, can affect the company's production costs and margins.
  • Regulatory changes related to labeling, advertising, or ingredients in energy drinks could pose risks to Monster Beverage Co.'s operations.
  • Market volatility and economic uncertainties may impact consumer spending habits, affecting Monster Beverage Co.'s sales performance.
  • Changes in consumer preferences towards healthier beverage options could lead to a shift away from traditional energy drinks, impacting Monster Beverage Co.'s sales.
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 Sunday, June 2, 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 year. There are currently 1 sell rating, 6 hold ratings and 13 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 Wall Street analysts have issued 12 month price targets for Monster Beverage's shares. Their MNST share price targets range from $46.00 to $69.00. On average, they predict the company's stock price to reach $61.32 in the next twelve months. This suggests a possible upside of 16.4% 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 shares have decreased by 8.5% and is now trading at $52.69.
View the best growth stocks for 2024 here
.

Are investors shorting Monster Beverage?

Monster Beverage saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 15,620,000 shares, an increase of 17.7% from the April 30th total of 13,270,000 shares. Based on an average daily trading volume, of 5,720,000 shares, the days-to-cover ratio is currently 2.7 days.
View Monster Beverage's Short Interest
.

When is Monster Beverage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our MNST earnings forecast
.

How were Monster Beverage's earnings last quarter?

Monster Beverage Co. (NASDAQ:MNST) issued its earnings results on Thursday, May, 2nd. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.43 by $0.01. The company had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.90 billion. Monster Beverage had a trailing twelve-month return on equity of 20.74% and a net margin of 22.83%. The firm's revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 earnings per share.
Read the conference call transcript
.

When did Monster Beverage's stock split?

Monster Beverage's stock split on Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly issued shares were payable 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 announced that its board has initiated a stock repurchase plan on Wednesday, November 8th 2023, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 0.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.21%), Capital World Investors (2.02%), Clearbridge Investments LLC (1.12%), Janus Henderson Group PLC (1.08%), Capital Research Global Investors (1.01%) and Price T Rowe Associates Inc. MD (0.70%). 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 6/8/2024 by MarketBeat.com Staff

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