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

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$55.20 +0.31 (+0.56 %)
(As of 04/22/2019 04:13 AM ET)
Previous Close$55.20
Today's Range$54.80 - $55.42
52-Week Range$47.61 - $66.38
Volume4.22 million shs
Average Volume5.27 million shs
Market Capitalization$29.98 billion
P/E Ratio30.84
Dividend YieldN/A
Beta1.51
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.

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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$3.81 billion
Cash Flow$1.9294 per share
Book Value$6.53 per share

Profitability

Net Income$993 million

Miscellaneous

Employees3,142
Market Cap$29.98 billion
Next Earnings Date5/14/2019 (Estimated)
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?

Shares of Monster Beverage split on the morning of Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly issued shares were distributed 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 announced that its Board of Directors has authorized a share buyback plan on Wednesday, August 8th 2018, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 1.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its shares are undervalued.

How were Monster Beverage's earnings last quarter?

Monster Beverage Corp (NASDAQ:MNST) posted its quarterly earnings results on Wednesday, February, 27th. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.03. The company earned $924.23 million during the quarter, compared to the consensus estimate of $907.75 million. Monster Beverage had a net margin of 26.08% and a return on equity of 26.96%. The company's revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.35 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, May 14th 2019. View Earnings Estimates for Monster Beverage.

What price target have analysts set for MNST?

15 Wall Street analysts have issued 1-year price targets for Monster Beverage's shares. Their forecasts range from $42.00 to $75.00. On average, they anticipate Monster Beverage's share price to reach $62.0993 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for Monster Beverage.

What is the consensus analysts' recommendation for Monster Beverage?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 2 sell ratings, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 outperformed the industry in the past three months. The company’s solid fourth-quarter 2018 results and strategic initiatives bode well for future growth. Notably, the fourth quarter marked third straight positive earnings surprise with second consecutive sales beat. Also, both the top and bottom line improved year over year. Further, the company’s energy drinks segment continued to witness solid momentum, backed by brand strength and product launches. Moreover, the company is seeing robust growth in international markets and remains on track to launch products in 2019. Globally, Monster Beverage is optimistic about its alignment with Coca-Cola’s bottlers, which has expanded its distribution network. However, higher input and freight costs along with adverse product mix have been denting gross margins for a while now. Unfavorable foreign currency translation remains a major headwind." (3/28/2019)
  • 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?

News articles about MNST stock have been trending somewhat positive recently, according to InfoTrie. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Monster Beverage earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Are investors shorting Monster Beverage?

Monster Beverage saw a increase in short interest in March. As of March 29th, there was short interest totalling 12,081,736 shares, an increase of 53.9% from the March 15th total of 7,850,011 shares. Based on an average trading volume of 6,662,400 shares, the days-to-cover ratio is currently 1.8 days. Currently, 3.1% of the shares of the stock are short sold. View Monster Beverage's Current Options Chain.

Who are some of Monster Beverage's key 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 Starbucks (SBUX), Alibaba Group (BABA), Netflix (NFLX), NVIDIA (NVDA), Gilead Sciences (GILD), Micron Technology (MU), Visa (V), Baidu (BIDU), Cisco Systems (CSCO) and Intel (INTC).

Who are Monster Beverage's key executives?

Monster Beverage's management team includes the folowing people:
  • Mr. Rodney Cyril Sacks, Chairman & CEO (Age 69)
  • Mr. Hilton H. Schlosberg, Vice Chairman, Pres, COO, CFO, Sec. & Controller (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 a number of of retail and institutional investors. Top institutional investors include USS Investment Management Ltd (0.40%), Gateway Investment Advisers LLC (0.06%), Strs Ohio (0.03%), Retirement Systems of Alabama (0.03%), Nisa Investment Advisors LLC (0.03%) and Calamos Advisors LLC (0.02%). 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 Retirement Systems of Alabama, Virtu Financial LLC, State of Alaska Department of Revenue, Eastern Bank, Gateway Investment Advisers LLC, DNB Asset Management AS, Aries Wealth Management and Valeo Financial Advisors LLC. Company insiders that have sold Monster Beverage company stock in the last year include Emelie Tirre, Harold C Taber Jr and Thomas J Kelly. View Insider Buying and Selling 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 USS Investment Management Ltd, Pacer Advisors Inc., W.E. Donoghue & Co. LLC, UNIVEST FINANCIAL Corp, Sciencast Management LP, Tibra Equities Europe Ltd, QUANTRES ASSET MANAGEMENT Ltd and Hollencrest Capital Management. 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 $55.20.

How big of a company is Monster Beverage?

Monster Beverage has a market capitalization of $29.98 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.

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:  766 (Vote Outperform)
Underperform Votes:  481 (Vote Underperform)
Total Votes:  1,247
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 4/22/2019 by MarketBeat.com Staff

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