|Bid||53.95 x 1200|
|Ask||58.00 x 800|
|Day's Range||55.97 - 57.01|
|52 Week Range||47.61 - 70.22|
|PE Ratio (TTM)||38.16|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||60.53|
Jim Cramer flies through his take on callers' favorite stocks, including a beverage maker he can no longer recommend.
To understand what’s happening in this area, Jackson’s office looked more closely at 385 stock buybacks over the last fifteen months. A big red flag according to Jackson is that a lot of executives use stock buybacks as a way for them to take profits. It’s a big reason why I’ve never been a fan of stock buybacks.
New digital software promises to provide more visual insight into what's happening on grocery and convenience store shelves.
"Beverages have more pricing power than the food companies and are able to take price [raise prices]," BMO Capital Markets analyst Amit Sharma told TheStreet on Tuesday, June 12. Sharma said beverage consumers believe they get more value from drinks than food products and tend to be more loyal to brands and that there are far fewer private labels in the drinks space than in the foods sector. Prices for the aluminum used in cans for beer and nonalcoholic drinks are rising, largely thanks to the 10% tariffs imposed by President Trump on imported aluminium beginning in March.
Should the possibility of a takeover by Coca-Cola (KO) be one of your reasons for liking Monster Beverage (MNST) shares? Coca-Cola is already important to Monster’s fortunes. A merger would naturally take things a good bit further: Monster’s market capitalization is (very) roughly a fifth of Coke’s. Jefferies also likes Monster’s potential for sales growth and market share expansion overseas, and earlier this month it boosted its “base case” price target to $63 for that reason, as well as the expectation that it might raise prices to combat margin pressure.
On June 8, Monster Beverage (MNST) stock was rated a “buy” by 13 of 18 (72.0%) analysts. Several analysts have revised their price targets for Monster Beverage stock following its first-quarter results, which were announced on May 8. On May 9, Jefferies revised its price estimate for Monster Beverage stock to $62.00 from $67.00.
Monster Beverage (MNST) stock rose 5.0% on June 8 in response to positive statements made by the company’s CEO at the annual shareholder meeting. In an update provided to the investors, the company’s chairman and CEO, Rodney Sacks, disclosed that Monster Beverage is performing well in the US market with gains in market share and higher sales in non-traditional channels like foodservice accounts and e-commerce. Monster Beverage is expected to increase the prices of its products to combat increasing costs.
NEW YORK, NY / ACCESSWIRE / June 11, 2018 / Beverage stocks Pepsico and Monster Beverage were in the green in Friday trading. Monster saw its shares soar after analysts noted that it was likely Monster would be raising its unit prices this year after the company had its annual meeting last Thursday. Monster Beverage Corporation shares headed higher in Friday trading, closing up the day roughly 5% on nearly 7 million shares traded.
It didn't look good this morning, but the Dow Jones Industrial Average ended up finishing higher Friday. •...and ponder the drop in Skyworks Solutions (SWKS). Consider: The S&P 500 closed at its highest level since March 12.
Stocks that moved substantially or traded heavily on Friday: Broadcom Inc., down $6.71 to $257.97 The chipmaker's revenue forecast was slightly lower than analysts expected. Stitch Fix Inc., up $5.21 to ...
About a month ago, we discussed the possibility of Monster Beverage (MNST) looking to raise prices amid some margin pressure. Raising prices on the company’s drinks could help sustain margins in the face of commodity price increases.
Monster Beverage (MNST) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
WallStEquities.com has issued research reports on Monster Beverage Corp. (NASDAQ: MNST), New Age Beverages Corp. (NASDAQ: NBEV), PepsiCo Inc. (NASDAQ: PEP), and The Coca-Cola Co. (NYSE: KO). All you have to do is sign up today for this free limited time offer by clicking the link below.
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Monster Beverage MNST : "No, I don't like it. Valero Energy Corp. VLO : "There's still a very big spread between the Permian [Basin] oil and the rest of the country and therefore I think Valero still works.
Contraction in gross margin due to softness in beverage industry and higher expenses is a concern for Monster Beverage (MNST).
NEW YORK, NY / ACCESSWIRE / May 31, 2018 / Shake Shack hit a brand new high in Wednesday’s trading session although there was no news to explain the move. Shares of Monster Beverage also saw gains after the company announced that it had approved a new $500 million share buyback. Shake Shack Inc. shares closed up 5.66% on about 2.6 million shares traded yesterday.
Monster Beverage (MNST) stock rose 5.4% to $51.96 on May 30 in reaction to the company’s announcement of its new share repurchase program. Monster Beverage’s board of directors has approved a new share repurchase program that authorizes the repurchase of up to $500 million of the company’s common stock. Monster Beverage exhausted its authorized limit of $250 million under its previous share repurchase program.
CORONA, Calif., May 31, 2018-- Monster Beverage Corporation announced today that the Company will provide a live audio webcast of the business discussion and question and answer portion of its annual stockholders’ ...