Monster Beverage Corporation (MNST)
| Market Cap | 50.30B |
| Revenue (ttm) | 7.41B |
| Net Income (ttm) | 1.61B |
| Shares Out | 972.52M |
| EPS (ttm) | 1.56 |
| PE Ratio | 33.18 |
| Forward PE | 28.62 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,985,197 |
| Open | 50.73 |
| Previous Close | 50.90 |
| Day's Range | 50.62 - 51.90 |
| 52-Week Range | 43.32 - 61.23 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 54.94 (+6.23%) |
| Earnings Date | Nov 7, 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, Monster Beverage'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 17 analysts, the average rating for MNST stock is "Buy." The 12-month stock price forecast is $54.94, which is an increase of 6.23% from the latest price.
News
Can Monster and Red Bull hold their ground as energy drink market goes sugar-free?
The energy drink landscape, once dominated by the high-octane, sugary concoctions of Red Bull GmbH and Monster Beverage Corp., is undergoing a dramatic transformation. As consumers increasingly priori...
Monster Beverage Corporation (MNST) Q3 2024 Earnings Call Transcript
Monster Beverage Corporation (NASDAQ:MNST) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Rodney C. Sacks - Co-Chief Executive Officer and Chairman Hilton H.
Monster Beverage misses quarterly results on weaker demand
Monster Beverage missed Wall Street estimates for third-quarter sales and profit on Thursday, as cost-conscious consumers cut back spending on its higher-priced beverages.
Monster Beverage Reports 2024 Third Quarter Financial Results
-- Record Third Quarter Net Sales Rise 1.3 Percent to $1.88 Billion -- -- Net Sales, Excluding the Alcohol Brands Segment, Adjusted for Adverse Changes in Foreign Currency of $62.8 Million, Rise 5.0 P...
3 Reasons To Buy Monster Energy
Monster's strong brand insulates it from competitors, making it a solid investment despite recent performance lagging behind SPY. Energy drink market growth outpaces overall soft drinks, with Monster'...
The Big 3: LYFT, AMSC, MNST
Today's Big 3 focuses on names that flexed strength earlier this year but are fighting for another breakthrough. Alan Knuckman joins Diane King Hall and Rick Ducat to break down the technical trends i...
The One Stock Beating Apple, Nvidia, And Tesla For 24 Years Running
If you could go back in time to January 1, 2000, and tell your past self to make just one investment, what would it be?
Monster Beverage: Why I Doubled-Down On This Discounted Compounder
Monster Beverage's recent price dip presents a compelling buying opportunity, given its strong brand, consistent long-term growth, and robust profitability. Despite slower revenue growth, foreign exch...
Top 3 Defensive Stocks You May Want To Dump In September
As of Sept. 19, 2024, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Monster Beverage Stock Vs. Keurig Dr Pepper
We believe that Monster Beverage stock is a better pick than its peer – Keurig Dr Pepper stock (NASDAQ: KDP). MNST stock trades at a higher multiple of 7x sales, versus 3.3x revenues for KDP.
Monster Beverage: Upside Is Attractive At This Valuation
Despite poor 2Q24 results, I expect demand trends to improve, driven by new product launches, price increases, and strong international growth. Gross margin improvements and favorable commodity prices...
Monster Beverage Board Authorizes New $500.0 Million Share Repurchase Program
CORONA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today announced that its Board of Directors has authorized a new share repurchase program for the repurchas...
Monster Beverage says it's been hit harder as a ‘blue-collar brand.' It plans to raise prices anyway.
Monster Beverage Corp. was one of the S&P 500's biggest laggards on Thursday after the energy-drink maker's quarterly results, reported Wednesday, spooked investors.
Monster Beverage Hit By Falling Convenience Store Foot Traffic
Monster Beverage (MNST) shares sank Thursday, a day after co-Chief Executive Officer (CEO) Hilton Schlosberg acknowledged headwinds in the energy drinks sector in the company's second-quarter earnings...
Monster Beverage Stock Is One Of S&P 500's Worst Performers. Here's Why.
The energy-drink maker is on track for its largest percent decrease since March 2018.
Monster Beverage Corporation, Inc. (MNST) Q2 2024 Earnings Call Transcript
Monster Beverage Corporation, Inc. (NASDAQ:MNST) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Rodney Sacks - Co-CEO & Chairman Hilton Schlosberg - Vice Chairman & C...
Monster Beverages' stock is sinking. Executives are blaming convenience stores.
Shares of Monster Beverage Corp. sank after hours on Wednesday, after the energy-drink maker reported second-quarter profit and sales that missed expectations, following what management said was a con...
Monster Beverage misses quarterly sales estimates as economic fears slow demand
Monster Beverage missed market expectations for second-quarter sales on Wednesday as budget-conscious consumers kept a tight lid on spending, hurting demand for its pricey energy drinks amid an uncert...
Monster Beverage Reports 2024 Second Quarter Financial Results
-- Record Second Quarter Net Sales Rise 2.5 Percent to $1.90 Billion -- -- Net Sales, Excluding the Alcohol Brands Segment, Adjusted for Adverse Changes in Foreign Currency of $67.7 Million, Rise 7.4...
Monster Beverage: Energy Idea For Long-Term Investment
Monster Beverage is one of the key players in the industry of energy drinks with solid market share of 24% in US sales. The company has no interest-bearing debt in its balance sheet and performs finan...
Monster Beverage to Report Financial Results for 2024 Second Quarter on August 7, 2024
-- Company to Conduct Conference Call at 2 p.m. Pacific Time -- CORONA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) announced today that results for its secon...
Monster Beverage: Organic Growth Trajectory With Energy And Alcohol Justifies The Valuation, Buy
Monster Beverage Corporation is an industry leader in alternative drinks, with a strong go-to-market strategy and a diverse product portfolio. Recent acquisitions have positioned the company well for ...
Bullish on APA, MNST, XPEV
APA Corp. (APA), Monster Beverage (MNST), and XPeng (XPEV) are today's Big Three. Alan Knuckman and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.
After A 15% Fall This Year Is Monster Beverage A Better Pick Over Intuitive Surgical Stock?
We believe that the beverage company – Monster Beverage (NASDAQ: MNST) is currently a better pick over the robotic surgical platform maker Intuitive Surgical stock (NASDAQ: ISRG). The decision to inve...
Monster Beverage: A Strategic Buy During Market Lows (Rating Upgrade)
Monster Beverage stock has fallen by up to 20%, presenting a buying opportunity. Tougher competition from Celsius in the energy drink sector is a concern, but Monster's market position and distributio...