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

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$56.88 +0.91 (+1.63 %)
(As of 06/22/2018 02:55 PM ET)
Previous Close$56.30
Today's Range$55.96 - $56.93
52-Week Range$47.61 - $70.21
Volume237,779 shs
Average Volume3.88 million shs
Market Capitalization$31.25 billion
P/E Ratio38.82
Dividend YieldN/A
Beta1.23
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 Ratio38.82
Forward P/E Ratio33.26
P/E Growth2.03

Sales & Book Value

Annual Sales$3.37 billion
Price / Sales9.50
Cash Flow$1.6210 per share
Price / Cash35.09
Book Value$6.91 per share
Price / Book8.23

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?

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.

How will Monster Beverage's stock buyback program work?

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.

How were Monster Beverage's earnings last quarter?

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.

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 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.

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 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.

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?

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.

Who are Monster Beverage's major shareholders?

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.

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 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.

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 $56.88.

How big of a company is Monster Beverage?

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.

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:  675 (Vote Outperform)
Underperform Votes:  388 (Vote Underperform)
Total Votes:  1,063
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 6/22/2018 by MarketBeat.com Staff

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