Monster Beverage Corporation (NASDAQ:MNST) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Monster Beverage Corporation (NASDAQ:MNST) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-two research firms that are presently covering the stock, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $94.65.

A number of research analysts have recently weighed in on the stock. TD Cowen increased their target price on shares of Monster Beverage from $90.00 to $95.00 and gave the company a “hold” rating in a research report on Wednesday, July 8th. Sanford C. Bernstein initiated coverage on Monster Beverage in a report on Friday, June 12th. They set a “market perform” rating and a $95.00 price objective for the company. Wells Fargo & Company boosted their target price on Monster Beverage from $97.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft downgraded Monster Beverage from a “buy” rating to a “hold” rating and increased their price target for the stock from $94.00 to $98.00 in a research note on Monday, July 20th. Finally, Morgan Stanley set a $103.00 price objective on Monster Beverage and gave the stock an “overweight” rating in a report on Monday, June 1st.

Monster Beverage Trading Down 0.3%

Monster Beverage stock opened at $94.16 on Friday. The firm’s fifty day moving average price is $94.29 and its two-hundred day moving average price is $84.71. The firm has a market capitalization of $92.09 billion, a price-to-earnings ratio of 45.49, a price-to-earnings-growth ratio of 3.07 and a beta of 0.53. Monster Beverage has a 1-year low of $59.80 and a 1-year high of $100.34.

Monster Beverage shares are going to split on the morning of Tuesday, August 11th. The 2-1 split was announced on Wednesday, July 8th. The newly created shares will be payable to shareholders after the closing bell on Monday, August 10th.

Monster Beverage (NASDAQ:MNST) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.43 billion. Monster Beverage had a net margin of 23.11% and a return on equity of 26.86%. The firm’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.52 EPS. On average, research analysts forecast that Monster Beverage will post 2.31 EPS for the current year.

Monster Beverage declared that its board has authorized a stock repurchase program on Friday, May 15th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to buy up to 0.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at Monster Beverage

In related news, CEO Guy Carling sold 19,000 shares of Monster Beverage stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $90.90, for a total value of $1,727,100.00. Following the completion of the transaction, the chief executive officer directly owned 21,863 shares in the company, valued at approximately $1,987,346.70. The trade was a 46.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Emelie Tirre sold 10,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $85.74, for a total transaction of $857,400.00. Following the sale, the insider directly owned 71,763 shares in the company, valued at $6,152,959.62. The trade was a 12.23% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 178,700 shares of company stock worth $15,457,562. 8.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Monster Beverage

Several hedge funds have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. lifted its holdings in Monster Beverage by 1,338.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 446 shares of the company’s stock worth $28,000 after purchasing an additional 415 shares in the last quarter. MV Capital Management Inc. purchased a new position in Monster Beverage during the 4th quarter valued at about $30,000. Clearstead Trust LLC bought a new stake in shares of Monster Beverage during the second quarter valued at about $32,000. Meeder Asset Management Inc. increased its position in shares of Monster Beverage by 355.8% during the first quarter. Meeder Asset Management Inc. now owns 474 shares of the company’s stock valued at $34,000 after buying an additional 370 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Monster Beverage in the fourth quarter worth about $35,000. 72.36% of the stock is currently owned by hedge funds and other institutional investors.

Key Monster Beverage News

Here are the key news stories impacting Monster Beverage this week:

• Positive Sentiment: Monster reported quarterly EPS of $0.60, exceeding consensus estimates of $0.58–$0.59 and rising from $0.52 a year earlier. Monster Beverage Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Revenue increased 20.2% year over year to $2.54 billion, well above analysts’ $2.43 billion forecast, providing the primary bullish catalyst for MNST. Monster Beverage Earnings Results
• Positive Sentiment: Growth was supported by continued strength in Monster’s core energy-drink business and increasing international sales, indicating that demand is broadening beyond the U.S. market. Monster Beverage Sales Rise on International Growth
• Neutral Sentiment: Monster’s net margin was 23.11% and return on equity was 26.86%, showing strong profitability; however, investors will monitor whether margins can remain resilient as the company expands internationally.
• Neutral Sentiment: The company’s upcoming two-for-one stock split is scheduled to take effect before the market opens on August 11. The split may improve trading accessibility but does not change Monster’s underlying valuation or business fundamentals.
• Negative Sentiment: At roughly 45 times earnings and near its 52-week high, MNST shares already reflect substantial growth expectations. That rich valuation may limit upside or prompt profit-taking even after the earnings and revenue beats.

Monster Beverage Company Profile

Monster Beverage Corporation (NASDAQ: MNST) is an American beverage company best known for its Monster Energy brand of energy drinks. The company’s product portfolio centers on carbonated energy beverages and a range of complementary ready-to-drink offerings, including energy coffees, hydration beverages and other flavored functional drinks. Monster markets multiple sub-brands and flavor variants to address different consumer segments and consumption occasions.

Originally organized around the Hansen’s Natural line of juices and sodas, the company pivoted toward the energy drink category and formally adopted the Monster Beverage name in the early 2010s to reflect its strategic focus.