Monster Beverage Corporation (MNST)
| Market Cap | 56.79B |
| Revenue (ttm) | 7.34B |
| Net Income (ttm) | 1.68B |
| Shares Out | 1.04B |
| EPS (ttm) | 1.59 |
| PE Ratio | 34.09 |
| Forward PE | 28.49 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,164,964 |
| Open | 54.65 |
| Previous Close | 54.48 |
| Day's Range | 54.12 - 54.65 |
| 52-Week Range | 47.13 - 61.23 |
| Beta | 0.74 |
| Analysts | Buy |
| Price Target | 61.19 (+12.23%) |
| Earnings Date | May 2, 2024 |
About 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 ... [Read more]
Financial Performance
In 2023, MNST's revenue was $7.14 billion, an increase of 13.14% compared to the previous year's $6.31 billion. Earnings were $1.63 billion, an increase of 36.87%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for MNST stock is "Buy." The 12-month stock price forecast is $61.19, which is an increase of 12.23% from the latest price.
News
Energy drink stocks 'have been incredible winners', says Jim Cramer
'Mad Money' host Jim Cramer talks how energy drink stocks could rev up your portfolio.
Monster Beverage launches $3 billion stock buyback
Monster Beverage Corp. said Wednesday it's moving ahead with a maximum $3 billion modified “Dutch auction” tender offer that the company's CEO said is part of a potential succession plan for next year...
Monster Beverage's stock up 1.4% after company announces Dutch auction tender offer for up to $3 billion of its own stock
Monster Beverage Corp.'s stock MNST, +0.83% rose 1.4% early Wednesday, after the energy drink company said it has commenced a modified Dutch auction tender offer for up to $3.0 billion of its outstand...
Monster Beverage Corporation Commences Modified Dutch Auction Tender Offer to Purchase Up to $3.0 Billion of Its Outstanding Common Stock
CORONA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today announced that it has commenced a modified “Dutch auction” tender offer to purchase shares of its com...
EXPE, BKNG, SQ, MNST: Earnings Just Released
Expedia's (EXPE) 1Q adjusted EPS came in at -$0.21 versus an estimated -$0.37 and revenue came in at $2.89B versus an estimated $2.80B. Booking Holdings' (BKNG) 1Q revenue came in at $4.42B versus an ...
Monster Beverage posts higher Q1 revenue on resilient demand, easing costs
Monster Beverage reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker's high-priced juices as well as easing freight costs.
Monster Beverage lays out succession plans as co-CEO Rodney Sacks looks to step back
Monster Beverage MNST, -0.28% said Rodney Sacks will be reducing his responsibilities as an executive of the company starting next year.
Monster Beverage Reports 2024 First Quarter Results
-- Record First Quarter Net Sales Rise 11.8 Percent to $1.90 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million, Rise 15.6 Percent (12.6 Percent Exclusive of Ar...
Monster Beverage to Report Financial Results for 2024 First Quarter on May 2, 2024
CORONA, Calif., April 26, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its first quarter ended March 31, 2024, will be reported on Thursday, Ma...
Monster Beverage cut to sell because it's ‘no longer
Monster Beverage Corp. was downgraded two notches to sell from buy at Truist Securities because the energy drink maker is no longer seen as a high-growth business, analysts said.
3 Stocks That Look Ready to Rally in a Recovering Market
Shares of Netflix, Monster Beverage, and Linde have lagged behind the bull market's winners. That's why they have more potential to surge.
Two stocks for a stronger dollar and Fed uncertainty
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CORRECTION – Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results
CORONA, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Press release amended to reflect a correction of the gross profit number for the three-months ended December 31, 2023 in the Condensed Consolidated St...
Monster Beverage misses revenue estimates as higher prices pinch demand
Monster Beverage missed Wall Street expectations for fourth-quarter revenue on Thursday, as budget-conscious consumers turned wary of purchasing the company's higher priced beverages and energy drinks...
Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results
-- Record Fourth Quarter Net Sales Rise 14.4 Percent to $1.73 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $27.1 Million, Rise 16.1 Percent -- -- Gross Profit as a Perc...
Monster Beverage to Report Financial Results for 2023 Fourth Quarter on February 28, 2024
-- Company to Conduct Conference Call at 2 p.m. Pacific Time -- CORONA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its fourt...
Why Monster Beverage is the best-performing stock of the last 30 years
Monster Beverage has grown its sales and stock price by appealing to younger blue-collar consumers interested in things such as motocross, UFC and video games.
Monster Beverage Corporation's CANarchy Craft Brewery Collective to Operate as Monster Brewing Company
-- Change Will Leverage Parent Company Brand Equity -- CORONA, Calif. and LONGMONT, Colo.
Monster Beverage Announces Webcast Details for Investor Meeting/Business Update January 16, 2024
CORONA, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that its Co-Chief Executive Officers, Rodney Sacks and Hilton Schlosberg, will host an inve...
‘Smidcap' companies are becoming a big deal. Here's a look at some of the best.
The stocks of long-neglected small companies are finally showing signs of life as the market rally broadens. But these tiny companies still remain vastly undervalued.
Should You Pick Colgate-Palmolive Stock Over Monster Beverage After The Latter's 2x Gains This Year?
Given its better valuation, we believe that Colgate-Palmolive stock (NYSE: CL) is a better pick than Monster Beverage stock (NASDAQ NDAQ : MNST). Although these companies have different businesses, we...
Monster Beverage Board Authorizes New $500.0 Million Share Repurchase Program
CORONA, Ca., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today announced that its Board of Directors has authorized a new share repurchase program for the repurchase o...
Monster Beverage Reports 2023 Third Quarter Financial Results
-- Record Third Quarter Net Sales Rise 14.3 Percent to $1.86 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $29.2 Million, Rise 16.1 Percent -- -- Gross Profit as a Perce...
Monster Beverage to Report Financial Results for 2023 Third Quarter on November 2, 2023
-- Company to Conduct Conference Call at 2 p.m. Pacific Time -- CORONA, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its third...