NASDAQ:MNST - Monster Beverage Stock Price, Forecast & News

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

Monster Beverage's stock split before market open on Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly created 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.

Monster Beverage declared that its board has authorized a stock buyback program on Wednesday, August 8th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Monster Beverage Corp (NASDAQ:MNST) announced its quarterly earnings results on Thursday, November, 7th. The company reported $0.55 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.01. The business earned $1.13 billion during the quarter, compared to the consensus estimate 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 in the previous year, the company posted $0.48 earnings per share. View Monster Beverage's Earnings History.

Monster Beverage is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Monster Beverage.

15 analysts have issued twelve-month target prices for Monster Beverage's shares. Their forecasts range from $52.00 to $77.00. On average, they expect Monster Beverage's share price to reach $65.73 in the next year. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for Monster Beverage.

15 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monster Beverage.

Headlines about MNST stock have trended somewhat positive this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Monster Beverage earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Monster Beverage.

Monster Beverage saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 10,610,000 shares, a decline of 6.4% from the December 15th total of 11,340,000 shares. Based on an average daily trading volume, of 2,680,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 2.8% of the shares of the company 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 (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), Embotelladora Andina SA ADR Series A (AKO.A), National Beverage (FIZZ), Cott (COT), Celsius (CELH), Reeds (REED) and Golfgear International (MCHA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Monster Beverage investors own include Alibaba Group (BABA), NVIDIA (NVDA), Starbucks (SBUX), Netflix (NFLX), Paypal (PYPL), Home Depot (HD), Visa (V), Cisco Systems (CSCO), Baidu (BIDU) and Micron Technology (MU).

Monster Beverage's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.10%), Gateway Investment Advisers LLC (0.04%), Nisa Investment Advisors LLC (0.03%), OLD National Bancorp IN (0.02%), Commerzbank Aktiengesellschaft FI (0.02%) and Calamos Advisors LLC (0.02%). Company insiders that own Monster Beverage stock include Emelie Tirre, Guy Carling, Harold C Taber Jr, Mark J Hall, Norman Epstein, Rodney C Sacks 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 Commerzbank Aktiengesellschaft FI, Central Bank & Trust Co., Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Calamos Advisors LLC, IFM Investors Pty Ltd, Cypress Capital Group 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, Rodney C Sacks 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 Assenagon Asset Management S.A., Sciencast Management LP, Tuttle Tactical Management, Modus Advisors LLC, Steward Partners Investment Advisory LLC, Pensionfund DSM Netherlands, AE Wealth Management LLC and Cooper Financial Group. 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, Robinhood, Fidelity and Charles Schwab.

One share of MNST stock can currently be purchased for approximately $67.31.

Monster Beverage has a market capitalization of $36.19 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.

The official website for Monster Beverage is http://www.monsterbevcorp.com/.

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]