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 the morning of 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.

Monster Beverage declared that its board has authorized a stock buyback plan on Wednesday, May 30th 2018, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 1.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

Monster Beverage Corp (NASDAQ:MNST) announced its quarterly earnings results on Tuesday, May, 8th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. The company earned $850.92 million during the quarter, compared to the consensus estimate of $845.88 million. Monster Beverage had a net margin of 24.69% and a return on equity of 22.88%. The firm's quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the previous 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 Wednesday, August, 8th 2018. View Earnings Estimates for Monster Beverage.

16 equities research analysts have issued twelve-month target prices for Monster Beverage's stock. Their forecasts range from $42.00 to $77.00. On average, they expect Monster Beverage's stock price to reach $62.9333 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Ratings for 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, 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Monster Beverage saw a drop in short interest in the month of June. As of June 29th, there was short interest totalling 8,137,192 shares, a drop of 25.1% from the June 15th total of 10,869,229 shares. Based on an average trading volume of 2,593,570 shares, the short-interest ratio is currently 3.1 days. Approximately 2.0% of the shares of the 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 this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Monster Beverage earned a news impact score of 0.15 on Accern's scale. They also assigned news stories about the company an impact score of 45.92 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Monster Beverage's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.08%), Scout Investments Inc. (0.06%), Gateway Investment Advisers LLC (0.06%), Calamos Advisors LLC (0.05%), Bank of Montreal Can (0.03%) and Cim LLC (0.03%). 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 State of Alaska Department of Revenue, Cim LLC, Retirement Systems of Alabama, Westpac Banking Corp, Columbia Partners L L C Investment Management and Fulton Bank N.A.. 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 Gateway Investment Advisers LLC, Calamos Advisors LLC, Bank of Montreal Can, DnB Asset Management AS, Bright Rock Capital Management LLC, Calamos Wealth Management LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund and Xact Kapitalforvaltning AB. 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 $60.79.

Monster Beverage has a market capitalization of $34.36 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]