Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Monster Beverage (MNST)
NASDAQ:MNST
Monster Beverage (MNST) Stock Price & Analysis
2,032 Followers
MNST Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$47.13 - $61.23
Previous Close$49.9
Volume6.28M
Average Volume (3M)9.99M
Market Cap
$51.98B
Enterprise Value$48.42B
Total Cash (Recent Filing)$3.56B
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)31.4
Beta0.51
Next Earnings
Aug 01, 2024EPS Estimate
$0.46Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.59
Shares Outstanding1,041,728,228
10 Day Avg. Volume15,011,468
30 Day Avg. Volume9,985,797
Standard Deviation0.07
R-Squared0.37
Alpha0.00144
Financial Highlights & Ratios
Price to Book (P/B)8.93
Price to Sales (P/S)7.16
Price to Cash Flow (P/CF)31.00
P/FCF Ratio37.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.62
Enterprise Value/Gross Profit12.76
Enterprise Value/Ebitda21.36
Forecast
1Y Price Target
$59.69Price Target Upside20.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Monster Beverage News
PremiumStock Analysis & Ideas
Is it Too Late to Buy Monster Beverage (NASDAQ:MNST) Stock?
PremiumCompany Announcements
Monster Beverage Shareholders Confirm Directors and ApprovalsBulls Say, Bears Say
Bulls Say
International GrowthFaster growth internationally should help to offset slowing growth in the US, ultimately driving healthy topline growth on a consolidated basis.
Management OptimismManagement sounded optimistic about the second half of the year, likely given MNST’s impressive pipeline of innovation, forthcoming price increases, and the view that the US consumer remains on broadly sound footing.
ValuationMonster Beverage's valuation is very attractive, trading at a modest 37% premium relative to its Beverage peer group on a forward P/E multiple basis, well below its 1-year/3-year historical average premium.
Bears Say
Gross MarginsFaster international growth will have a negative mix effect on MNST’s gross margins.
Sales TrendsSales trends in US tracked channels have continued to deteriorate, driven by weak category growth and Monster's share losses.
ValuationMNST valuation does not seem cheap at 30x NTM P/E on a relative basis given the overall derating in non-alcoholic names.
---
Ownership Overview
17.56% Insiders
20.85% Mutual Funds
15.93% Other Institutional Investors
45.67% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
MNST FAQ
What was Monster Beverage’s price range in the past 12 months?
Monster Beverage lowest stock price was $47.13 and its highest was $61.23 in the past 12 months.
What is Monster Beverage’s market cap?
Currently, no data Available
When is Monster Beverage’s upcoming earnings report date?
Monster Beverage’s upcoming earnings report date is Aug 01, 2024 which is in 29 days.
How were Monster Beverage’s earnings last quarter?
Monster Beverage released its earnings results on May 02, 2024. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.435 by -$0.015.
Is Monster Beverage overvalued?
According to Wall Street analysts Monster Beverage’s price is currently Undervalued.
Does Monster Beverage pay dividends?
Monster Beverage does not currently pay dividends.
What is Monster Beverage’s EPS estimate?
Monster Beverage’s EPS estimate is $0.46.
How many shares outstanding does Monster Beverage have?
Monster Beverage has 1,041,728,300 shares outstanding.
What happened to Monster Beverage’s price movement after its last earnings report?
Monster Beverage reported an EPS of $0.42 in its last earnings report, missing expectations of $0.435. Following the earnings report the stock price went up 3.016%.
Which hedge fund is a major shareholder of Monster Beverage?
Among the largest hedge funds holding Monster Beverage’s share is Bridgewater Associates, LP. It holds Monster Beverage’s shares valued at 61M.
---
Monster Beverage Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$59.69 (20.98% Upside)
$59.69 (20.98% Upside)
Blogger Sentiment
Bullish
MNST Sentiment 82%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $70.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.12%
12-Months-Change
Fundamentals
Return on Equity
20.98%
Trailing 12-Months
Asset Growth
14.18%
Trailing 12-Months
Company Description
Monster Beverage
California-based Monster Beverage Corp. develops, markets, sells and distributes energy drink beverages and concentrates including Monster Energy, Relentless and Burn in the United States and internationally. It operates through the following segments: Monster Energy Drinks, Strategic Brands and Other.
---
MNST Earnings Call
Q1 2024
0:00 / 0:00
---
MNST Net sales Breakdown
91.81% Monster Energy® Drinks
5.27% Strategic Brands
2.59% Alcohol Brands
0.33% Other
---
MNST Stock 12 Month Forecast
Average Price Target
$59.69
▲(20.98% Upside)
Technical Analysis
Best Analysts Covering MNST
1 Year
1 Year Success Rate
53/72 ratings generated profit
1 Year Average Return
+17.62%
reiterated a buy rating 16 days ago
Copying Mark Astrachan's trades and holding each position for 1 Year would result in 73.61% of your transactions generating a profit, with an average return of +17.62% per trade.
---