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

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$62.17 +0.50 (+0.81 %)
(As of 08/19/2018 05:28 AM ET)
Previous Close$62.17
Today's Range$61.43 - $62.28
52-Week Range$47.61 - $70.21
Volume1.56 million shs
Average Volume3.06 million shs
Market Capitalization$33.54 billion
P/E Ratio42.58
Dividend YieldN/A
Beta1.34
Monster Beverage logoMonster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages, soda, and its concentrates in the United States and internationally. It operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. The company offers ready-to-drink packaged drinks, non-carbonated dairy based coffee and energy drinks, and non-carbonated energy shakes primarily to bottlers and full service beverage distributors, as well as sells directly to retail grocery and specialty chains, wholesalers, club stores, drug stores, mass merchandisers, convenience chains, food service customers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations; and ready-to-drink packaged energy drinks to bottlers and full service beverage distributors. Monster Beverage Corporation sells its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Extra Strength Nitrous Technology, Java Monster, Muscle Monster, Punch Monster, Juice Monster, Übermonster, BU, Mutant Super Soda, Monster Hydro, Espresso Monster, Caffé Monster, Nalu, NOS, Full Throttle, Burn, Mother, Ultra Energy, Play and Power Play(stylized), Relentless, BPM, Gladiator, and Samurai 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Bottled & canned soft drinks
Sub-IndustrySoft Drinks
SectorConsumer Staples
SymbolNASDAQ:MNST
CUSIP61174010
Phone909-739-6200

Debt

Debt-to-Equity RatioN/A
Current Ratio2.98
Quick Ratio2.53

Price-To-Earnings

Trailing P/E Ratio42.58
Forward P/E Ratio35.94
P/E Growth2.2

Sales & Book Value

Annual Sales$3.37 billion
Price / Sales10.20
Cash Flow$1.6211 per share
Price / Cash38.35
Book Value$6.91 per share
Price / Book9.00

Profitability

EPS (Most Recent Fiscal Year)$1.46
Net Income$820.67 million
Net Margins25.27%
Return on Equity24.39%
Return on Assets19.67%

Miscellaneous

Employees2,114
Outstanding Shares552,520,000
Market Cap$33.54 billion

Monster Beverage (NASDAQ:MNST) Frequently Asked Questions

What is Monster Beverage's stock symbol?

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

When did Monster Beverage's stock split? How did Monster Beverage's stock split work?

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 minted 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.

How will Monster Beverage's stock buyback program work?

Monster Beverage declared that its board has initiated a stock buyback plan on Wednesday, August 8th 2018, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 1.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

How were Monster Beverage's earnings last quarter?

Monster Beverage Corp (NASDAQ:MNST) issued its quarterly earnings data on Wednesday, August, 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.02. The company earned $1.02 billion during the quarter, compared to analyst estimates of $1.03 billion. Monster Beverage had a net margin of 25.27% and a return on equity of 24.39%. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 earnings per share. View Monster Beverage's Earnings History.

When is Monster Beverage's next earnings date?

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

What price target have analysts set for MNST?

16 brokerages have issued 1-year price objectives for Monster Beverage's stock. Their forecasts range from $42.00 to $77.00. On average, they expect Monster Beverage's share price to reach $63.6667 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Monster Beverage.

What is the consensus analysts' recommendation for Monster Beverage?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 1 sell rating, 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Monster Beverage.

What are Wall Street analysts saying about Monster Beverage stock?

Here are some recent quotes from research analysts about Monster Beverage stock:
  • 1. According to Zacks Investment Research, "Shares of Monster Beverage have outperformed the industry in the past year. Product innovation plays a huge role in the company’s success. The company’s proven track of innovation and product extensions is expected to drive sales further. Monster Beverage reported lower-than-expected first-quarter 2018 results, wherein earnings were in line with the Zacks Consensus Estimate and revenues missed the same. However, the bottom and top line improved 22.6% and 14.7% year over year, respectively. Estimate for both second quarter and 2018 have been witnessing an uptrend in the last 30 days. On the other hand, higher raw material costs (mainly aluminum and sweeteners) and unfavorable product mix that included more Java products coming online (lower-margin product) have been hurting margins." (7/23/2018)
  • 2. Jefferies Financial Group Inc analysts commented, "We lift our FY19-20 EPS est. by ~3% following MNST’s upbeat shareholder meeting, our positive US survey, and strong US Nielsen data. Mgmt was bullish on the cos. growth prospects, acknowledged the recent US acceleration, and importantly intends to take price later this year to address recent GM % pressure. Our survey suggests increased consumption among the core energy drink consumer is helping to fuel growth. Reit. Buy w/shares trading at 19.5x EV/EBITDA." (6/8/2018)

Are investors shorting Monster Beverage?

Monster Beverage saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 6,999,287 shares, a decrease of 16.4% from the July 13th total of 8,370,412 shares. Based on an average daily trading volume, of 2,142,640 shares, the days-to-cover ratio is currently 3.3 days. Currently, 1.7% of the company's stock are short sold. View Monster Beverage's Current Options Chain.

Who are some of Monster Beverage's key competitors?

Who are Monster Beverage's key executives?

Monster Beverage's management team includes the folowing people:
  • Mr. Rodney Cyril Sacks, Chairman, Chief Exec. Officer and Chairman of Hansen Beverage Company (Age 68)
  • Mr. Hilton H. Schlosberg, Vice Chairman, Pres, CFO, COO, Sec., Controller and Director (Age 65)
  • Mr. Thomas J. Kelly, Sr. VP of Fin., Controller & Sec. (Age 64)

Has Monster Beverage been receiving favorable news coverage?

Media stories about MNST stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Monster Beverage earned a news and rumor sentiment score of 0.02 on Accern's scale. They also assigned news headlines about the company an impact score of 46.12 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Monster Beverage.

Who are Monster Beverage's major shareholders?

Monster Beverage's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (7.02%), BlackRock Inc. (4.24%), Jennison Associates LLC (1.87%), Bank of America Corp DE (1.29%), Bank of New York Mellon Corp (1.03%) and Voya Investment Management LLC (0.99%). 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.

Which major investors are selling Monster Beverage stock?

MNST stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, Jennison Associates LLC, Waddell & Reed Financial Inc., Bank of America Corp DE, Wells Fargo & Company MN and First Trust Advisors LP. 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.

Which major investors are buying Monster Beverage stock?

MNST stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Voya Investment Management LLC, Fort Washington Investment Advisors Inc. OH, Millennium Management LLC, BlackRock Inc., American Century Companies Inc., Chevy Chase Trust Holdings Inc. and Gateway Investment Advisers LLC. View Insider Buying and Selling for Monster Beverage.

How do I buy shares of 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.

What is Monster Beverage's stock price today?

One share of MNST stock can currently be purchased for approximately $62.17.

How big of a company is Monster Beverage?

Monster Beverage has a market capitalization of $33.54 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.

How can I contact Monster Beverage?

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]


MarketBeat Community Rating for Monster Beverage (NASDAQ MNST)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  712 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  1,123
MarketBeat's community ratings are surveys of what our community members think about Monster Beverage and other stocks. Vote "Outperform" if you believe MNST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MNST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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