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 before market open on Thursday, November 10th 2016. The 3-1 split was announced on Friday, October 14th 2016. The newly minted 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 announced that its Board of Directors has initiated a share buyback program 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 stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

Monster Beverage Corp (NASDAQ:MNST) released its earnings results on Tuesday, May, 8th. The company reported $0.39 earnings per share for the quarter, meeting analysts' consensus estimates of $0.39. The firm earned $850.92 million during the quarter, compared to analyst estimates of $845.88 million. Monster Beverage had a return on equity of 22.88% and a net margin of 24.69%. Monster Beverage's quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 EPS. View Monster Beverage's Earnings History.

Monster Beverage is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Monster Beverage.

16 Wall Street analysts have issued 12 month price targets for Monster Beverage's shares. Their forecasts range from $42.00 to $77.00. On average, they expect Monster Beverage's stock price to reach $62.5625 in the next year. View Analyst Ratings for Monster Beverage.

Monster Beverage saw a increase in short interest in 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 trading volume of 4,356,089 shares, the short-interest ratio is presently 2.2 days. Approximately 2.4% 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).

Media coverage about MNST stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Monster Beverage earned a news impact score of 0.07 on Accern's scale. They also gave media coverage about the company an impact score of 45.03 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Monster Beverage's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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.

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.

MNST stock was bought 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.

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 $55.54.

Monster Beverage has a market capitalization of $31.56 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]