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Monster Beverage (MNST)
NASDAQ:MNST
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MNST Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.32 - $61.23
Previous Close$51.07
Volume7.02M
Average Volume (3M)6.46M
Market Cap
$50.03B
Enterprise Value$49.21B
Total Cash (Recent Filing)$1.56B
Total Debt (Recent Filing)$748.74M
Price to Earnings (P/E)31.8
Beta0.47
Next Earnings
Oct 31, 2024EPS Estimate
$0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.61
Shares Outstanding979,543,967
10 Day Avg. Volume5,342,933
30 Day Avg. Volume6,458,051
Standard Deviation0.07
R-Squared0.34
Alpha0.00093
Financial Highlights & Ratios
Price to Book (P/B)8.53
Price to Sales (P/S)6.73
Price to Cash Flow (P/CF)28.50
P/FCF Ratio33.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.55
Enterprise Value/Gross Profit12.97
Enterprise Value/Ebitda21.18
Forecast
1Y Price Target
$53.19Price Target Upside1.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Monster Beverage News
Bulls Say, Bears Say
Bulls Say
Growth ProspectsOptimistic that topline growth will begin to re-accelerate and that the recent US category slowdown will prove transitory.
Innovation And Consumer ResponseHousehold penetration continues to grow and consumers continue to respond to innovation.
ValuationMNST’s valuation looks compelling with the stock trading at a ~45% premium to beverage peers on a forward-year EV/EBITDA basis.
Bears Say
Financial PerformanceMNST reported a top- and bottom-line miss in 2Q, driven by slowing U.S. trends which management described as 'unprecedented'.
Market TrendsReduced foot traffic in convenience stores and a shift to mass and dollar channels are signs of value-seek behavior.
Sales GrowthThe slowest sales growth quarter since 2Q15 (ex-COVID) and biggest sales miss vs. consensus since 4Q15 are set to have MNST shares lower post-earnings with the growth story broken for the time being.
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Ownership Overview
18.67% Insiders
22.29% Mutual Funds
33.20% Other Institutional Investors
25.83% 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.
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MNST FAQ
What was Monster Beverage’s price range in the past 12 months?
Monster Beverage lowest stock price was $43.32 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 Oct 31, 2024 which is in 42 days.
How were Monster Beverage’s earnings last quarter?
Monster Beverage released its earnings results on Aug 07, 2024. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.452 by -$0.042.
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 $0.43.
How many shares outstanding does Monster Beverage have?
Monster Beverage has 979,543,950 shares outstanding.
What happened to Monster Beverage’s price movement after its last earnings report?
Monster Beverage reported an EPS of $0.41 in its last earnings report, missing expectations of $0.452. Following the earnings report the stock price went down -10.944%.
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 40M.
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Monster Beverage Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$53.19 (1.60% Upside)
$53.19 (1.60% Upside)
Blogger Sentiment
Bullish
MNST Sentiment 84%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 195.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.03%
12-Months-Change
Fundamentals
Return on Equity
24.62%
Trailing 12-Months
Asset Growth
-12.98%
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.
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MNST Earnings Call
Q2 2024
0:00 / 0:00
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MNST Net sales Breakdown
91.81% Monster Energy® Drinks
5.27% Strategic Brands
2.59% Alcohol Brands
0.33% Other
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MNST Stock 12 Month Forecast
Average Price Target
$53.19
▲(1.60% Upside)
Technical Analysis
Best Analysts Covering MNST
1 Year
1 Year Success Rate
54/73 ratings generated profit
1 Year Average Return
+17.50%
reiterated a buy rating last month
Copying Mark Astrachan's trades and holding each position for 1 Year would result in 73.97% of your transactions generating a profit, with an average return of +17.50% per trade.
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