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Monster Beverage (MNST) Stock Price, News & Analysis

$52.35
+1.28 (+2.51%)
(As of 09/18/2024 ET)

About Monster Beverage Stock (NASDAQ:MNST)

Key Stats

Today's Range
$51.08
$52.51
50-Day Range
$45.01
$52.35
52-Week Range
$43.32
$61.22
Volume
7.01 million shs
Average Volume
7.16 million shs
Market Capitalization
$54.53 billion
P/E Ratio
32.92
Dividend Yield
N/A
Price Target
$55.85
Consensus Rating
Moderate Buy

Company Overview

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.

Monster Beverage Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 66th Percentile

Monster Beverage scored higher than 66% of companies evaluated by MarketBeat, and ranked 80th out of 151 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Monster Beverage has received a consensus rating of Moderate Buy. The company's average rating score is 2.52, and is based on 13 buy ratings, 6 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Monster Beverage has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Monster Beverage's stock forecast and price target.
  • Earnings Growth

    Earnings for Monster Beverage are expected to grow by 13.86% in the coming year, from $1.66 to $1.89 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Monster Beverage is 32.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Monster Beverage is 32.92, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.88.

  • Price to Earnings Growth Ratio

    Monster Beverage has a PEG Ratio of 2.28. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Monster Beverage has a P/B Ratio of 6.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Monster Beverage's valuation and earnings.
  • Percentage of Shares Shorted

    2.68% of the outstanding shares of Monster Beverage have been sold short.
  • Short Interest Ratio / Days to Cover

    Monster Beverage has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Monster Beverage has recently increased by 29.38%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Monster Beverage does not currently pay a dividend.

  • Dividend Growth

    Monster Beverage does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.68% of the outstanding shares of Monster Beverage have been sold short.
  • Short Interest Ratio / Days to Cover

    Monster Beverage has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Monster Beverage has recently increased by 29.38%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Monster Beverage has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Monster Beverage this week, compared to 11 articles on an average week.
  • Search Interest

    Only 20 people have searched for MNST on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Monster Beverage to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Monster Beverage insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.80% of the stock of Monster Beverage is held by insiders.

  • Percentage Held by Institutions

    72.36% of the stock of Monster Beverage is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Monster Beverage's insider trading history.

MNST Stock News Headlines

Monster Beverage (MNST) Has a New Rating from Jefferies
Monster Beverage: Upside Is Attractive At This Valuation
Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Brokerages Set Monster Beverage Co. (NASDAQ:MNST) PT at $55.85
See More Headlines

MNST Stock Analysis - Frequently Asked Questions

Monster Beverage's stock was trading at $57.61 at the beginning of the year. Since then, MNST shares have decreased by 9.1% and is now trading at $52.35.
View the best growth stocks for 2024 here
.

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

Shares of Monster Beverage split on the morning of Tuesday, March 28th 2023. The 2-1 split was announced on Tuesday, February 28th 2023. The newly issued shares were payable 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.

Monster Beverage's Board of Directors initiated a stock buyback program on Wednesday, November 8th 2023, which authorizes the company to buy back $500,000,000 in shares, according to EventVestor. This means that the company could buy up to 0.9% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

Monster Beverage's top institutional investors 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
.

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.

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).

Company Calendar

Last Earnings
8/07/2024
Today
9/18/2024
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
+6.7%
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
$1.73 per share
Book Value
$7.91 per share

Miscellaneous

Outstanding Shares
1,041,728,000
Free Float
960,473,000
Market Cap
$54.53 billion
Optionable
Optionable
Beta
0.74

Social Links

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

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 Wednesday, September 11, 2024. Please send any questions or comments about these Monster Beverage pros and cons to contact@marketbeat.com.

Monster Beverage
Bull Case

green Wall Street bull icon

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

  • Monster Beverage Co. has a debt-to-equity ratio of 0.13, indicating a strong financial position with low debt levels compared to equity, which can provide stability and growth opportunities for the company.
  • The company's current ratio of 3.41 and quick ratio of 2.69 suggest that Monster Beverage Co. has strong liquidity to meet its short-term obligations, reducing the risk of financial distress.
  • With a market capitalization of $48.60 billion, Monster Beverage Co. is a well-established company with a significant market presence, indicating investor confidence and potential for long-term growth.
  • Despite recent fluctuations, the stock price of Monster Beverage Co. has shown resilience, trading at $46.65, which may present a buying opportunity for investors looking for value stocks.
  • Analysts have given Monster Beverage Co. a consensus rating of "Moderate Buy" with a price target of $55.85, suggesting positive sentiment and potential upside for investors.

Monster Beverage
Bear Case

red Wall Street bear icon

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

  • Monster Beverage Co.'s PE ratio of 29.34 and P/E/G ratio of 2.09 indicate that the stock may be overvalued compared to its earnings growth potential, potentially limiting short-term returns for investors.
  • Insiders of Monster Beverage Co. have been selling significant amounts of company stock, with a total of 307,221 shares sold in the last quarter, raising concerns about insider sentiment and future performance.
  • Several analysts have issued cautious ratings on Monster Beverage Co., with some lowering price targets, suggesting potential risks or challenges ahead that could impact the stock's performance.
  • The company's revenue for the recent quarter was below consensus estimates, indicating potential challenges in meeting market expectations and potential impact on stock price performance.
  • Monster Beverage Co.'s beta of 0.76 suggests that the stock may be less volatile than the market average, which could limit potential returns for investors seeking higher-risk opportunities.

This page (NASDAQ:MNST) was last updated on 9/18/2024 by MarketBeat.com Staff
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