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 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 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.

Monster Beverage declared that its board has initiated a share buyback program on Wednesday, May 30th 2018, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 1.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board 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 analysts' consensus estimates of $0.39. The business had revenue of $850.92 million for the quarter, compared to analysts' expectations of $845.88 million. Monster Beverage had a return on equity of 22.88% and a net margin of 24.69%. Monster Beverage's revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the company posted $0.31 EPS. 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 Wall Street analysts have issued twelve-month price objectives for Monster Beverage's stock. Their forecasts range from $42.00 to $77.00. On average, they anticipate Monster Beverage's share price to reach $62.80 in the next year. 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 daily volume of 4,356,089 shares, the days-to-cover ratio is presently 2.2 days. Approximately 2.4% of the company's stock are sold short. 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 coverage about MNST stock has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Monster Beverage earned a media sentiment score of 0.17 on Accern's scale. They also assigned news stories about the company an impact score of 45.71 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Monster Beverage's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 acquired 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 $56.88.

Monster Beverage has a market capitalization of $31.25 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]