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Monster Beverage (MNST) Stock Price, News & Analysis

$48.65
+0.43 (+0.89%)
(As of 09/6/2024 ET)
Today's Range
$48.06
$48.85
50-Day Range
$45.01
$51.61
52-Week Range
$43.32
$61.22
Volume
5.85 million shs
Average Volume
7.23 million shs
Market Capitalization
$50.68 billion
P/E Ratio
30.60
Dividend Yield
N/A
Price Target
$55.85

Monster Beverage MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.52 Rating Score
Upside/​Downside
14.8% Upside
$55.85 Price Target
Short Interest
Healthy
2.07% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.98
Upright™ Environmental Score
News Sentiment
1.22mentions of Monster Beverage in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$16.07 M Sold Last Quarter
Proj. Earnings Growth
13.86%
From $1.66 to $1.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.13 out of 5 stars

Consumer Staples Sector

29th out of 136 stocks

Bottled & Canned Soft Drinks Industry

2nd out of 9 stocks

MNST stock logo

About Monster Beverage Stock (NASDAQ:MNST)

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other. It offers carbonated non-carbonated energy drinks, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages. The company sells its products to full service beverage bottlers/distributors, retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience chains, food service customers, value stores, e-commerce retailers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. It provides its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Nitro, Java Monster, Punch Monster, Juice Monster, Muscle Monster, Espresso Monster, Monster Tour Water, Fury, Monster MAXX, Caffe Monster, Monster Hydro, Monster HydroSport Super Fuel, Monster Dragon Tea, Reign Total Body Fuel, and Reign Inferno Thermogenic Fuel, Reign Storm, Bang Energy, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, and Fury 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.

MNST Stock Price History

MNST Stock News Headlines

Financial markets news icon
McKesson, Monster Beverage fall; Eli Lilly, Zillow rise, Thursday, 8/8/2024
Stocks that traded heavily or had substantial price changes on Thursday: McKesson, Monster Beverage fall; Eli Lilly, Zillow rise
Lakeland Fla, USA - 05 18 24: 7 11 convenience store interior Celsius energy drink display variety
Celsius Stock Defies Market Sell-Off with More Upside Ahead (MNST)
Celsius stock is showing investors just how much potential upside there is for the company in the coming months, Wall Street analysts now justify a new rally
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
Soft Drinks
Current Symbol
NASDAQ:MNST
CUSIP
61174010
Employees
6,003
Year Founded
1935

Price Target and Rating

Average Stock Price Target
$55.85
High Stock Price Target
$68.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+14.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.52
Research Coverage
21 Analysts

Profitability

Net Income
$1.63 billion
Pretax Margin
29.26%

Debt

Sales & Book Value

Annual Sales
$7.39 billion
Cash Flow
$1.70 per share
Book Value
$5.99 per share

Miscellaneous

Outstanding Shares
1,041,728,000
Free Float
960,473,000
Market Cap
$50.68 billion
Optionable
Optionable
Beta
0.76

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Should I Buy Monster Beverage Stock? MNST Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Monster Beverage Co.:

  • Monster Beverage Co. stock price is currently at $46.65, which may present a buying opportunity for investors looking for a potential upside.
  • Recent insider selling activities could indicate that company insiders believe the stock is currently overvalued, potentially prompting a correction in the stock price.
  • Analysts' price targets suggest a potential upside for the stock, with a consensus target of $55.85, indicating room for growth.
  • Monster Beverage Co. has a market capitalization of $48.60 billion, reflecting the company's size and stability in the market.
  • The company's PEG ratio of 2.09 indicates a reasonable valuation relative to its expected earnings growth, making it an attractive investment option.

Cons

Investors should be bearish about investing in Monster Beverage Co. for these reasons:

  • Recent analyst downgrades and lowered price targets could signal potential challenges or headwinds for the company in the near future.
  • The stock's beta of 0.76 suggests lower volatility compared to the market, potentially limiting potential returns for more risk-tolerant investors.
  • Insider selling activities totaling 307,221 shares in the last quarter may raise concerns about the company's future performance or growth prospects.
  • Recent fluctuations in the stock price, with a one-year low of $43.32 and a high of $61.22, indicate potential volatility that could impact investor returns.
  • Two sell ratings from research analysts may indicate underlying issues or challenges within the company that could affect its stock performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 26, 2024. Please send any questions or comments about these Monster Beverage pros and cons to contact@marketbeat.com.

MNST Stock Analysis - Frequently Asked Questions

How have MNST shares performed this year?

Monster Beverage's stock was trading at $57.61 at the beginning of the year. Since then, MNST shares have decreased by 15.6% and is now trading at $48.65.
View the best growth stocks for 2024 here
.

How were Monster Beverage's earnings last quarter?

Monster Beverage Co. (NASDAQ:MNST) announced its earnings results on Wednesday, August, 7th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by $0.04. The firm's revenue was up 2.4% compared to the same quarter last year.
Read the conference call transcript
.

When did Monster Beverage's stock split?

Monster Beverage's stock split before market open on Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly issued shares were issued to shareholders after the closing bell on Monday, March 27th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

How will Monster Beverage's stock buyback program work?

Monster Beverage's Board of Directors approved a stock buyback plan on Wednesday, November 8th 2023, which allows the company to buy back $500,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 0.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

What is Rodney C. Sacks' approval rating as Monster Beverage's CEO?

114 employees have rated Monster Beverage Chief Executive Officer Rodney C. Sacks on Glassdoor.com. Rodney C. Sacks has an approval rating of 93% among the company's employees. This puts Rodney C. Sacks in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Monster Beverage's major shareholders?

Top institutional shareholders of Monster Beverage include Clearbridge Investments LLC (1.11%), Ninety One UK Ltd (0.72%), Legal & General Group Plc (0.61%) and Bank of New York Mellon Corp (0.51%). Insiders that own company stock include Hilton H Schlosberg, Mark J Hall, Mark Vidergauz, Thomas J Kelly, Emelie Tirre, Ana Demel and Guy Carling.
View institutional ownership trends
.

How do I buy shares of Monster Beverage?

Shares of MNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Monster Beverage own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Monster Beverage investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), Starbucks (SBUX), Cisco Systems (CSCO) and Intel (INTC).

This page (NASDAQ:MNST) was last updated on 9/7/2024 by MarketBeat.com Staff

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