NASDAQ:MNSTMonster Beverage Stock Price, Forecast & News

$72.23

+1.31 (+1.85 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$70.49

Now: $72.23▼

$72.31

50-Day Range

$59.04

MA: $65.11▼

$72.59

52-Week Range

$50.06

Now: $72.23▼

$73.43

Volume2.75 million shs

Average Volume2.37 million shs

Market Capitalization$38.03 billion

P/E Ratio34.89

Dividend YieldN/A

Beta1.04

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages and 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 energy drinks, carbonated energy drinks, non-carbonated dairy based coffee and energy drinks, non-carbonated energy shakes, and non-carbonated energy drinks 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. Monster Beverage Corporation sells its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster MAXX, Java Monster, Muscle Monster, Espresso Monster, Punch Monster, Juice Monster, Monster Hydro, Caffé Monster, Predator, Live+, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play(stylized), Relentless, BPM, BU, Gladiator, Samurai, and Mutant 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.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Monster Beverage has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 9 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $68.88, Monster Beverage has a potential downside of 4.6% from its current price of $72.23.
Amount of Analyst Coverage
Monster Beverage has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Monster Beverage has received 834 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Monster Beverage has received 569 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Monster Beverage has received 59.44% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Monster Beverage does not currently pay a dividend.
Dividend Growth
Monster Beverage does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Monster Beverage insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,486,804.00 in company stock.
Percentage Held by Insiders
Only 10.20% of the stock of Monster Beverage is held by insiders.
Percentage Held by Institutions
64.10% of the stock of Monster Beverage is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Monster Beverage are expected to grow by 14.98% in the coming year, from $2.07 to $2.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Monster Beverage is 34.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Monster Beverage is 34.89, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 35.86.
Price to Earnings Growth Ratio
Monster Beverage has a PEG Ratio of 4.59. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Monster Beverage has a P/B Ratio of 9.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.50 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Bottled & canned soft drinks

Sub-IndustrySoft Drinks

SectorConsumer Staples

Current SymbolNASDAQ:MNST

Previous Symbol

CUSIP61174010

CIK865752

Webwww.monsterbevcorp.com

Phone909-739-6200

Debt

Debt-to-Equity RatioN/A

Current Ratio2.92

Quick Ratio2.42

Price-To-Earnings

Trailing P/E Ratio34.89

Forward P/E Ratio34.89

P/E Growth4.59

Sales & Book Value

Annual Sales$4.20 billion

Price / Sales9.05

Cash Flow$2.22 per share

Price / Cash Flow32.52

Book Value$7.76 per share

Price / Book9.31

Profitability

EPS (Most Recent Fiscal Year)$2.03

Net Income$1.11 billion

Net Margins26.07%

Return on Equity27.77%

Return on Assets22.22%

Miscellaneous

Employees3,529

Outstanding Shares526,560,000

Market Cap$38.03 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Monster Beverage (NASDAQ:MNST) Frequently Asked Questions

How has Monster Beverage's stock been impacted by COVID-19 (Coronavirus)?

Monster Beverage's stock was trading at $61.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MNST shares have increased by 16.9% and is now trading at $72.23. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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, 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Monster Beverage.

When is Monster Beverage's next earnings date?

Monster Beverage is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Monster Beverage.

How were Monster Beverage's earnings last quarter?

Monster Beverage Corp (NASDAQ:MNST) issued its quarterly earnings data on Thursday, May, 7th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. The business earned $1.06 billion during the quarter, compared to the consensus estimate of $995.97 million. Monster Beverage had a return on equity of 27.77% and a net margin of 26.07%. Monster Beverage's revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.50 earnings per share. View Monster Beverage's earnings history.

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 issued shares were issued 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 buy up to 1.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

What price target have analysts set for MNST?

16 brokerages have issued 12 month target prices for Monster Beverage's shares. Their forecasts range from $52.00 to $80.00. On average, they anticipate Monster Beverage's share price to reach $68.88 in the next year. This suggests that the stock has a possible downside of 4.6%. View analysts' price targets for Monster Beverage.

Has Monster Beverage been receiving favorable news coverage?

News headlines about MNST stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Monster Beverage earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutMonster Beverage.

Are investors shorting Monster Beverage?

Monster Beverage saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,280,000 shares, an increase of 11.7% from the April 30th total of 6,520,000 shares. Based on an average trading volume of 3,970,000 shares, the short-interest ratio is currently 1.8 days. Currently, 2.0% of the company's shares are sold short. View Monster Beverage's Current Options Chain.

Who are some of Monster Beverage's key competitors?

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), National Beverage (FIZZ), BRITVIC PLC/S (BTVCY), Embotelladora Andina SA ADR Series B (AKO.B), Coca-Cola Consolidated (COKE), Embotelladora Andina SA ADR Series A (AKO.A), Celsius (CELH), Reeds (REED) and Golfgear International (MCHA). View all competitors.

What other stocks do shareholders of Monster Beverage own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Monster Beverage investors own include Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Starbucks (SBUX), Paypal (PYPL), Cisco Systems (CSCO), Walt Disney (DIS), Visa (V), Gilead Sciences (GILD) and Home Depot (HD).

Who are Monster Beverage's key executives?

Monster Beverage's management team includes the following people:

Mr. Rodney Cyril Sacks, Chairman & CEO (Age 69)
Mr. Hilton H. Schlosberg, Vice Chairman, Pres, COO, CFO & Sec. (Age 66)
Mr. Thomas J. Kelly, Exec. VP of Fin., Controller & Sec. (Age 65)
Mr. Guy Carling, Pres of EMEA (Age 42)
Ms. Emelie Tirre, Pres of the Americas (Age 49)

What is Monster Beverage's stock symbol?

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

Who are Monster Beverage's major shareholders?

Monster Beverage's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.74%), Loomis Sayles & Co. L P (4.60%), Alliancebernstein L.P. (3.40%), State Street Corp (3.38%), Wellington Management Group LLP (1.99%) and Nuveen Asset Management LLC (1.87%). Company insiders that own Monster Beverage stock include Benjamin Polk, Emelie Tirre, Guy Carling, Harold C Taber Jr, Mark J Hall, 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 Maverick Capital Ltd., Maverick Capital Ltd., Loomis Sayles & Co. L P, Two Sigma Investments LP, Thrivent Financial for Lutherans, Two Sigma Advisers LP, DSM Capital Partners LLC, and Sands Capital Management LLC. Company insiders that have sold Monster Beverage company stock in the last year include Benjamin Polk, Emelie Tirre, Guy Carling, Mark J Hall, Sydney Selati, and Thomas J Kelly. View insider buying and selling activity for Monster Beverage.

Which institutional investors are buying Monster Beverage stock?

MNST stock was bought by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Wellington Management Group LLP, JPMorgan Chase & Co., First Trust Advisors LP, Janus Henderson Group PLC, Douglass Winthrop Advisors LLC, Wells Fargo & Company MN, and Retirement Systems of Alabama. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Monster Beverage's stock price today?

One share of MNST stock can currently be purchased for approximately $72.23.

How big of a company is Monster Beverage?

Monster Beverage has a market capitalization of $38.03 billion and generates $4.20 billion in revenue each year. The company earns $1.11 billion in net income (profit) each year or $2.03 on an earnings per share basis. Monster Beverage employs 3,529 workers across the globe.

What is Monster Beverage's official website?

The official website for Monster Beverage is 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]

This page was last updated on 6/7/2020 by MarketBeat.com Staff