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

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$58.70 +0.47 (+0.81 %)
(As of 02/21/2019 01:03 AM ET)
Previous Close$58.23
Today's Range$58.21 - $59.10
52-Week Range$47.61 - $66.35
Volume2.74 million shs
Average Volume3.21 million shs
Market Capitalization$32.46 billion
P/E Ratio40.21
Dividend YieldN/A
Beta1.53
Monster 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
Current SymbolNASDAQ:MNST
CUSIP61174010
Phone909-739-6200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.37 billion
Cash Flow$1.5822 per share
Book Value$6.91 per share

Profitability

Net Income$820.67 million

Miscellaneous

Employees2,114
Market Cap$32.46 billion
OptionableOptionable

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 shares split 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 market closes 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 of Directors has authorized a share repurchase program on Wednesday, August 8th 2018, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are generally 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 quarterly earnings results on Wednesday, August, 8th. The company reported $0.49 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The business earned $1.02 billion during the quarter, compared to analyst estimates of $1.03 billion. Monster Beverage had a net margin of 25.86% and a return on equity of 25.47%. The business's quarterly revenue was up 12.0% compared to the same quarter last year. 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, February 27th 2019. View Earnings Estimates for Monster Beverage.

What price target have analysts set for MNST?

14 Wall Street analysts have issued 1-year target prices for Monster Beverage's stock. Their forecasts range from $42.00 to $72.00. On average, they anticipate Monster Beverage's stock price to reach $61.7692 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for Monster Beverage.

What is the consensus analysts' recommendation for Monster Beverage?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 2 sell ratings, 2 hold ratings, 9 buy ratings and 1 strong buy rating 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, "Monster Beverage topped the industry in the past month backed by solid momentum in energy drinks business, amid a challenging industry backdrop. The company is also optimistic about its alliance with Coca-Cola’s bottlers globally, which broadened its distribution network. Moreover, the company’s top and bottom lines outpaced estimates and improved year over year in third-quarter 2018. This marked its second straight earnings beat, while sales reverted to positive surprise trend after three consecutive misses. The top line benefited from solid sales at Monster Energy Drinks segment and advance purchases made by customers due to a pre-announced price hike. However, the company's sales were adversely impacted by foreign currency translations. Moreover, increased raw material costs are persistently hurting margins, which is likely to continue in quarters ahead." (1/23/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "We came away positive from MNST’s NYC Analyst Day as commentary centered on: (i) high expectations for Reign launch (March) in performance segment in response to Bang, (ii) update on." (1/18/2019)

Has Monster Beverage been receiving favorable news coverage?

Media headlines about MNST stock have trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Monster Beverage earned a coverage optimism score of 0.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near future.

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, CEO & Chairman of Hansen Beverage Company (Age 69)
  • Mr. Hilton H. Schlosberg, Vice Chairman, Pres, CFO, COO, Sec., Controller and Director (Age 66)
  • Mr. Thomas J. Kelly, Sr. VP of Fin., Controller & Sec. (Age 65)
  • Mr. Guy Carling, Pres of EMEA
  • Ms. Emelie Tirre, Pres of the Americas

Who are Monster Beverage's major shareholders?

Monster Beverage's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.54%), Bank of America Corp DE (1.28%), Bank of New York Mellon Corp (0.97%), Geode Capital Management LLC (0.96%), Northern Trust Corp (0.86%) and Oregon Public Employees Retirement Fund (0.84%). Company insiders that own Monster Beverage stock include Emelie Tirre, 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 Jennison Associates LLC, Two Sigma Investments LP, D. E. Shaw & Co. Inc., Two Sigma Advisers LP, Assenagon Asset Management S.A., Massachusetts Financial Services Co. MA, Kayne Anderson Rudnick Investment Management LLC and Montag & Caldwell LLC. Company insiders that have sold Monster Beverage company stock in the last year include Emelie Tirre, Harold C Taber Jr, Mark J Hall, Norman Epstein 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 Oregon Public Employees Retirement Fund, Thrivent Financial for Lutherans, USS Investment Management Ltd, Amundi Pioneer Asset Management Inc., BlackRock Inc., Millennium Management LLC, Marsico Capital Management LLC and MERIAN GLOBAL INVESTORS UK 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 $58.70.

How big of a company is Monster Beverage?

Monster Beverage has a market capitalization of $32.46 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.

What is Monster Beverage's official website?

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

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:  3.1 out of 5 (star star star)
Outperform Votes:  751 (Vote Outperform)
Underperform Votes:  458 (Vote Underperform)
Total Votes:  1,209
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 2/21/2019 by MarketBeat.com Staff

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