NASDAQ:MNST - Monster Beverage Stock Price, Price Target & More

Monster Beverage trades on the NASDAQ under the ticker symbol "MNST."

Shares of Monster Beverage split before market open on Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly issued shares were issued 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.

Monster Beverage declared that its Board of Directors has approved a share buyback plan on Wednesday, May 30th 2018, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 1.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Monster Beverage Corp (NASDAQ:MNST) posted its quarterly earnings data on Tuesday, May, 8th. The company reported $0.39 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.39. The company earned $850.92 million during the quarter, compared to analyst estimates of $845.88 million. Monster Beverage had a return on equity of 22.88% and a net margin of 24.69%. The firm's quarterly revenue was up 14.7% compared to the same quarter last year. During the same period last year, the business earned $0.31 earnings per share. View Monster Beverage's Earnings History.

Monster Beverage is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Monster Beverage.

16 brokers have issued twelve-month price targets for Monster Beverage's stock. Their predictions range from $42.00 to $77.00. On average, they anticipate Monster Beverage's stock price to reach $62.80 in the next twelve months. View Analyst Ratings for Monster Beverage.

Monster Beverage saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 9,782,027 shares, an increase of 33.3% from the May 15th total of 7,336,621 shares. Based on an average trading volume of 4,356,089 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.4% of the company's shares are short sold. View Monster Beverage's Current Options Chain.

Some companies that are related to Monster Beverage include Fomento Economico Mexicano SAB (FMX), Coca-Cola European Partners (CCE), COCA-COLA HBC A/ADR (CCHGY), Coca-Cola FEMSA (KOF), National Beverage (FIZZ), Embotelladora Andina SA ADR Series B (AKO.B), Embotelladora Andina SA ADR Series A (AKO.A), Cott (COT), Coca-Cola Bottling Co Consolidated (COKE), Celsius (CELH), Leading Brands (LBIX) and Golfgear International (MCHA).

News stories about MNST stock have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Monster Beverage earned a news sentiment score of 0.17 on Accern's scale. They also assigned news headlines about the company an impact score of 46.66 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Monster Beverage's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.13%), Loomis Sayles & Co. L P (4.10%), JPMorgan Chase & Co. (1.21%), Franklin Resources Inc. (1.00%), Northern Trust Corp (0.87%) and American Century Companies Inc. (0.71%). Company insiders that own Monster Beverage stock include Harold C Taber Jr, Hilton H Schlosberg, Mark J Hall, Norman Epstein, Rodney C Sacks, Sydney Selati and Thomas J Kelly. View Institutional Ownership Trends for Monster Beverage.

MNST stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Artisan Partners Limited Partnership, American Century Companies Inc., Chilton Investment Co. LLC, Point72 Asset Management L.P., Lord Abbett & CO. LLC, Swiss National Bank and State of New Jersey Common Pension Fund D. Company insiders that have sold Monster Beverage company stock in the last year include Hilton H Schlosberg, Mark J Hall, Norman Epstein, Rodney C Sacks, Sydney Selati and Thomas J Kelly. View Insider Buying and Selling for Monster Beverage.

MNST stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Virginia Retirement Systems ET AL, BlackRock Inc., Wells Fargo & Company MN, Toronto Dominion Bank, Engadine Partners LLP, Echo Street Capital Management LLC and WINTON GROUP Ltd. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of MNST stock can currently be purchased for approximately $56.72.

Monster Beverage has a market capitalization of $31.99 billion and generates $3.37 billion in revenue each year. The company earns $820.67 million in net income (profit) each year or $1.46 on an earnings per share basis. Monster Beverage employs 2,114 workers across the globe.

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]