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NASDAQ:MNST

Monster Beverage (MNST) Stock Price, News & Analysis

$59.28
+0.08 (+0.14%)
(As of 04:00 PM ET)
Today's Range
$59.19
$60.09
50-Day Range
$55.02
$60.85
52-Week Range
$47.13
$61.22
Volume
4.40 million shs
Average Volume
5.25 million shs
Market Capitalization
$61.69 billion
P/E Ratio
38.25
Dividend Yield
N/A
Price Target
$62.55

Monster Beverage MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
5.5% Upside
$62.55 Price Target
Short Interest
Healthy
1.20% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.98
Upright™ Environmental Score
News Sentiment
1.00mentions of Monster Beverage in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$38.58 M Sold Last Quarter
Proj. Earnings Growth
13.26%
From $1.81 to $2.05 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.

3.73 out of 5 stars

Consumer Staples Sector

46th out of 133 stocks

Bottled & Canned Soft Drinks Industry

2nd out of 6 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

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Think Twice About Betting Against Monster Beverage
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Why SentinelOne (S) Shares Are Plunging Today
Monster Beverage: Still Backing It All The Way
What To Expect From Duckhorn’s (NAPA) Q2 Earnings
Why Monster Beverage Stock Jumped on Thursday
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
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
$62.55
High Stock Price Target
$69.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+5.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
21 Analysts

Profitability

Net Income
$1.63 billion
Pretax Margin
28.97%

Debt

Sales & Book Value

Annual Sales
$7.14 billion
Cash Flow
$1.65 per share
Book Value
$7.91 per share

Miscellaneous

Outstanding Shares
1,040,640,000
Free Float
942,816,000
Market Cap
$61.85 billion
Optionable
Optionable
Beta
0.72

Social Links

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Monster Beverage was last updated on Monday, March 25, 2024 at 11:27 PM.

Pros

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

  • Monster Beverage Co. has shown consistent growth in its energy drink market share, indicating a strong position in the industry.
  • The company's diversified product portfolio, including energy drinks, ready-to-drink beverages, and sodas, provides resilience against market fluctuations.
  • Recent positive analyst recommendations and price targets suggest a favorable outlook for the company's stock price.
  • Monster Beverage Co.'s focus on international expansion opens up new revenue streams and reduces dependency on specific markets.
  • The company's innovative marketing strategies and brand recognition contribute to customer loyalty and sustained sales growth.

Cons

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

  • Increased competition in the energy drink market may lead to pricing pressures and potential loss of market share for Monster Beverage Co.
  • Regulatory changes related to the beverage industry could impact the company's operations and profitability.
  • Fluctuations in commodity prices, such as sugar and aluminum, could affect the company's production costs and margins.
  • Economic downturns or shifts in consumer preferences towards healthier alternatives may impact the demand for Monster Beverage Co.'s products.
  • Currency exchange rate fluctuations in international markets could pose risks to the company's financial performance.

MNST Stock Analysis - Frequently Asked Questions

Should I buy or sell Monster Beverage stock right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monster Beverage in the last year. There are currently 6 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MNST shares.
View MNST analyst ratings
or view top-rated stocks.

What is Monster Beverage's stock price target for 2024?

21 analysts have issued twelve-month target prices for Monster Beverage's stock. Their MNST share price targets range from $52.00 to $69.00. On average, they expect the company's stock price to reach $62.55 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for MNST
or view top-rated stocks among Wall Street analysts.

How have MNST shares performed in 2024?

Monster Beverage's stock was trading at $57.61 at the start of the year. Since then, MNST shares have increased by 2.9% and is now trading at $59.29.
View the best growth stocks for 2024 here
.

When is Monster Beverage's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MNST earnings forecast
.

How were Monster Beverage's earnings last quarter?

Monster Beverage Co. (NASDAQ:MNST) posted its earnings results on Wednesday, February, 28th. The company reported $0.38 earnings per share for the quarter, hitting analysts' consensus estimates of $0.38. The business earned $1.73 billion during the quarter, compared to analysts' expectations of $1.76 billion. Monster Beverage had a trailing twelve-month return on equity of 20.95% and a net margin of 22.84%. The business's revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the business earned $0.28 earnings per share.
Read the conference call transcript
.

When did Monster Beverage's stock split?

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

How will Monster Beverage's stock buyback program work?

Monster Beverage announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, November 8th 2023, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 0.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is 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.

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 NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), Starbucks (SBUX), Cisco Systems (CSCO), Intel (INTC), PayPal (PYPL), Home Depot (HD) and Johnson & Johnson (JNJ).

Who are Monster Beverage's major shareholders?

Monster Beverage's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.12%), Vanguard Group Inc. (6.12%), Capital World Investors (2.02%), Wellington Management Group LLP (1.74%), Nuveen Asset Management LLC (1.71%) and Price T Rowe Associates Inc. MD (1.51%). Insiders that own company stock include Ana Demel, Emelie Tirre, Guy Carling, Hilton H Schlosberg, Mark J Hall, Mark Vidergauz and Thomas J Kelly.
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.

This page (NASDAQ:MNST) was last updated on 3/28/2024 by MarketBeat.com Staff

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