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

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$56.09 -0.34 (-0.60 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$56.29
Today's Range$55.80 - $56.29
52-Week Range$47.61 - $70.21
Volume283,359 shs
Average Volume4.01 million shs
Market Capitalization$31.75 billion
P/E Ratio38.38
Dividend YieldN/A
Beta1.23

About Monster Beverage (NASDAQ:MNST)

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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio3.82
Quick Ratio3.31

Price-To-Earnings

Trailing P/E Ratio38.38
Forward P/E Ratio32.80
P/E Growth2.06

Sales & Book Value

Annual Sales$3.37 billion
Price / Sales9.37
Cash Flow$1.5734 per share
Price / Cash35.65
Book Value$6.91 per share
Price / Book8.12

Profitability

EPS (Most Recent Fiscal Year)$1.46
Net Income$820.67 million
Net Margins24.69%
Return on Equity22.88%
Return on Assets18.52%

Miscellaneous

Employees2,114
Outstanding Shares562,680,000

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?

Monster Beverage's stock split on Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly created shares were distributed 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 share buyback plan on Wednesday, May 30th 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 1.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its stock is undervalued.

How were Monster Beverage's earnings last quarter?

Monster Beverage Corp (NASDAQ:MNST) posted its earnings results on Tuesday, May, 8th. The company reported $0.39 earnings per share 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 revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 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 Tuesday, August, 14th 2018. View Earnings Estimates for Monster Beverage.

What price target have analysts set for MNST?

16 Wall Street analysts have issued 12-month price objectives for Monster Beverage's shares. Their predictions range from $42.00 to $77.00. On average, they expect Monster Beverage's stock price to reach $62.5625 in the next year. 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. 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)
  • 2. According to Zacks Investment Research, "Monster Beverage's shares have outperformed the industry in the past year. Product innovation plays a huge role in Monster Beverage's success. The company has several new products lined up for 2018 that is expected to boost sales. Again, the TCCC deal is expected to enhance the company’s foothold in the international energy drinks market. However, earnings estimates for 2018 and 2019 have declined by 1 cent, respectively, over the last 30 days, reflecting analysts’ bearish outlook over the potential of the stock. While the company has a favorable long-term outlook, we remain concerned because of soft industry trends and margin pressure arising from higher raw material costs (mainly aluminum and sweeteners), and unfavorable product mix. Also, increasing expenses to support top-line growth also add to the worries." (5/1/2018)

Are investors shorting Monster Beverage?

Monster Beverage saw a increase in short interest in 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 daily volume of 4,356,089 shares, the short-interest ratio is presently 2.2 days. Currently, 2.4% of the company's stock are short sold.

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 coverage about MNST stock has trended somewhat positive on Monday, Accern Sentiment reports. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, 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 headlines about the company an impact score of 43.87 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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 COCA COLA COMPANY (20.00%), BlackRock Inc. (4.13%), Loomis Sayles & Co. L P (4.10%), JPMorgan Chase & Co. (1.21%), Franklin Resources Inc. (1.00%) and Northern Trust Corp (0.87%). 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 institutional investors are selling Monster Beverage stock?

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.

Which institutional investors are buying Monster Beverage stock?

MNST stock was purchased 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.

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 $56.00.

How big of a company is Monster Beverage?

Monster Beverage has a market capitalization of $31.75 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 (MNST)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  673 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  1,060
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 6/18/2018 by MarketBeat.com Staff

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