Monster Beverage Corporation (MNST)
| Market Cap | 55.72B |
| Revenue (ttm) | 7.14B |
| Net Income (ttm) | 1.63B |
| Shares Out | 1.04B |
| EPS (ttm) | 1.54 |
| PE Ratio | 34.77 |
| Forward PE | 28.96 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,273,076 |
| Open | 53.00 |
| Previous Close | 53.45 |
| Day's Range | 52.94 - 54.14 |
| 52-Week Range | 47.13 - 61.23 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 61.35 (+14.59%) |
| 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 17 analysts, the average rating for MNST stock is "Buy." The 12-month stock price forecast is $61.35, which is an increase of 14.59% from the latest price.
News
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
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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...
Which Is A Better Pick – Keurig Dr Pepper Stock Or Monster Beverage?
KDP is a better pick than MNST stock due to its superior revenue growth and financial position, as discussed below.
Stocks This Week: Sell Short Avalon Bay Communities And Monster Beverage
The October 12-13 time period is a projected turning point, likely a low. October 27th has been the annual low in any year.
Which Is A Better Beverage Pick – Coca-Cola Stock Or Monster Beverage
There is more to the comparison, and in the sections below, we discuss why we believe KO will offer higher returns over MNST in the next three years.
6 Growth Stocks That Look Recession-Resistant, According to Morgan Stanley
Apple, Boston Scientific, Costco, Monster Beverage, UnitedHealth, and Colgate-Palmolive shares could still rise in the face of a consumer-spending slump, says Morgan Stanley.
How will Monster energy drinks grow?
Barron's stock pick writer Jacob Sonenshine provides insight on the energy drink company's success on 'Barron's Roundtable.'
Monster Beverage's stock drops 5% as record sales fall short of Street view
Monster Beverage Corp. MNST, +0.61% shares fell in the extended session Thursday after the energy-drink maker's record second-quarter sales fell short of Wall Street expectations. Monster shares fell ...
Monster Beverage Reports 2023 Second Quarter Financial Results
-- Record Second Quarter Net Sales Rise 12.1 Percent to $1.85 Billion -- -- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $38.4 Million, Rise 14.4 Percent --
Monster Beverage Completes Acquisition of Bang Energy
CORONA, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today announced that its subsidiary, Blast Asset Acquisition LLC, completed its acquisition of substantial...