Monster Beverage Corporation (MNST)

Market Cap	51.40B
Revenue (ttm)	7.34B
Net Income (ttm)	1.68B
Shares Out	1.04B
EPS (ttm)	1.59
PE Ratio	31.03
Forward PE	26.35
Dividend	n/a
Ex-Dividend Date	n/a

Volume	6,216,064
Open	49.97
Previous Close	49.90
Day's Range	49.13 - 49.97
52-Week Range	47.13 - 61.23
Beta	0.76
Analysts	Buy
Price Target	59.18 (+19.94%)
Earnings Date	Aug 1, 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 ...

• Industry: Beverages - Non-Alcoholic
• Sector: Consumer Staples
• CEO: Rodney Cyril Sacks H.Dip.Law, H.Dip.Tax
• Employees: 6,003
• Stock Exchange: NASDAQ
• Ticker Symbol: MNST

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%.

Analyst Forecast

According to 17 analysts, the average rating for MNST stock is "Buy." The 12-month stock price forecast is $59.18, which is an increase of 19.94% from the latest price.

Price Target

$59.18

(19.94% upside)

Analyst Consensus: Buy