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

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

Monster Beverage shares split on Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly minted 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.

Monster Beverage announced that its Board of Directors has authorized a stock buyback program 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 reacquire up to 1.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Monster Beverage Corp (NASDAQ:MNST) posted its earnings results on Thursday, November, 7th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.54 by $0.01. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. Monster Beverage had a return on equity of 28.23% and a net margin of 26.58%. The firm's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.48 earnings per share. View Monster Beverage's Earnings History.

Monster Beverage is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Monster Beverage.

15 brokers have issued 12-month price targets for Monster Beverage's shares. Their forecasts range from $52.00 to $77.00. On average, they anticipate Monster Beverage's stock price to reach $66.27 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for Monster Beverage.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monster Beverage.

Media headlines about MNST stock have trended somewhat positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Monster Beverage earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Monster Beverage.

Monster Beverage saw a decrease in short interest in December. As of December 31st, there was short interest totalling 10,610,000 shares, a decrease of 6.4% from the December 15th total of 11,340,000 shares. Based on an average daily volume of 2,680,000 shares, the days-to-cover ratio is presently 4.0 days. Currently, 2.8% of the shares of the company 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 (CCEP), COCA-COLA HBC A/ADR (CCHGY), Coca-Cola FEMSA (KOF), BRITVIC PLC/S (BTVCY), Coca-Cola Consolidated (COKE), Embotelladora Andina SA ADR Series B (AKO.B), Embotelladora Andina SA ADR Series A (AKO.A), National Beverage (FIZZ), Cott (COT), Celsius (CELH), Reeds (REED) and Golfgear International (MCHA).

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

Monster Beverage's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.10%), Coronation Fund Managers Ltd. (0.04%), Gateway Investment Advisers LLC (0.04%), Nisa Investment Advisors LLC (0.03%), OLD National Bancorp IN (0.02%) and Commerzbank Aktiengesellschaft FI (0.02%). Company insiders that own Monster Beverage stock include Emelie Tirre, Guy Carling, Harold C Taber Jr, Mark J Hall, Norman Epstein, Rodney C Sacks 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 Commerzbank Aktiengesellschaft FI, Central Bank & Trust Co., Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Calamos Advisors LLC, IFM Investors Pty Ltd, Zurcher Kantonalbank Zurich Cantonalbank and Cypress Capital Group. Company insiders that have sold Monster Beverage company stock in the last year include Emelie Tirre, Guy Carling, Harold C Taber Jr, Mark J Hall, Rodney C Sacks 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 Assenagon Asset Management S.A., Coronation Fund Managers Ltd., Sciencast Management LP, Tuttle Tactical Management, Janney Montgomery Scott LLC, Exchange Traded Concepts LLC, Modus Advisors LLC and Steward Partners Investment Advisory LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of MNST stock can currently be purchased for approximately $67.46.

Monster Beverage has a market capitalization of $36.27 billion and generates $3.81 billion in revenue each year. The company earns $993 million in net income (profit) each year or $1.79 on an earnings per share basis. Monster Beverage employs 3,142 workers across the globe.View Additional Information About Monster Beverage.

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

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]