52.11 0.00 (0.00%)
After hours: 4:46PM EDT
|Bid||51.00 x 3200|
|Ask||52.11 x 800|
|Day's Range||52.06 - 52.92|
|52 Week Range||47.61 - 70.22|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||33.00|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||65.75|
With a market capitalization of US$29.4b, Monster Beverage Corporation (NASDAQ:MNST) is a large-cap stock, which is considered by most investors as a safe bet. Common characteristics for these big stocks Read More...
NEW YORK, Oct. 05, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
PepsiCo (PEP) stock fell 1.8% on October 2, the day the company announced results for the third quarter of fiscal 2018. Despite beating expectations, PepsiCo stock fell, as the company’s margins contracted because of higher costs. Also, the company lowered its earnings outlook for fiscal 2018 due to the expected impact of foreign currency fluctuations.
Snack and beverage company PepsiCo (PEP) is scheduled to announce its results for the third quarter of fiscal 20181 on October 2. PepsiCo (PEP) stock has risen 3.5% since the announcement of the company’s fiscal second-quarter results in July, but is still in the red YTD (year-to-date). As of yesterday, PepsiCo stock was down 7.0% YTD. While the company beat analysts’ second-quarter revenue and earnings expectations, its largest segment, North America Beverages, continued to be impacted by weak volumes.
As of September 19, Coca-Cola (KO) and Monster Beverage (MNST) were rated a “buy” by a majority of analysts covering the stocks. PepsiCo (PEP) and Dr Pepper Snapple (DPS) had consensus “hold” ratings. PepsiCo has a “buy” recommendation from 40% of the 25 analysts covering the stock.
As of September 19, Coca-Cola (KO), PepsiCo (PEP), and Monster Beverage (MNST) were trading at 12-month forward PE ratios of 21.5x, 19.5x, and 32.3x, respectively. These nonalcoholic beverage stocks are trading at a premium compared to the S&P 500’s forward valuation multiple of 17.4x.
Let’s talk about the popular Monster Beverage Corporation (NASDAQ:MNST). The company’s shares saw significant share price volatility over the past couple of months on the NasdaqGS, rising to the highsRead More...
Do Analysts See Potential in Major Nonalcoholic Beverage Stocks? Margins of consumer stocks Coca-Cola (KO), PepsiCo (PEP), and Monster Beverage (MNST) have been under pressure due to rising input costs for aluminum and higher freight costs from a shortage of truck drivers. Its operating margin rose to 30.5% in the second quarter of 2018 from 21% in the second quarter of 2017 as lower charges were recorded year-over-year.
Do Analysts See Potential in Major Nonalcoholic Beverage Stocks? Monster Beverage’s (MNST) second-quarter sales lagged analysts’ estimate. Monster Beverage’s second-quarter sales rose 12% to $1.02 billion, driven by strong sales of its Monster Energy drinks division.
Energy drink, soda and juice maker Hansen's Natural, now known as Monster Beverage, gave climax top signals back in 2006 and an opportunity to lock in big gains.
Coca-Cola (KO) stock has risen 0.2% YTD (year-to-date) as of September 19, while PepsiCo (PEP) and Monster Beverage (MNST) have fallen 5.1% and 6.3%, respectively.
Short interest is extremely low for MNST with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MNST. The net inflows of $16.09 billion over the last one-month into ETFs that hold MNST are not among the highest of the last year and have been slowing.
Following PepsiCo's announcement of acquiring SodaStream and Coca-Cola eying Moxie, it can be said that major soft beverage manufacturers are aggressively expanding their portfolio.
This bull market is officially the longest one in history. And while the major indices are at or near all-time highs, investors have chosen stocks to buy in a curious way: they've gone on defense. Bank of America recently reported that the top-performing sectors of the past three months have been defensive in nature: consumer staples, utilities, health care, telecommunications and real estate investment trusts (REITs). In other words: Investors aren't putting their full faith into this record bull market. And Wall Street's pros seem to agree with their timidity. Wells Fargo's Christopher Harvey believes the markets are set to get choppy. "What we're telling clients is, 'Don't light your hair on fire. Start to take down risk prudently, and selectively,'" he recently told CNBC, adding, "It's going to be painful, but it will be healthy." But where do you go from here? Which stocks provide an attractive investing opportunity, but can also withstand increased volatility and downward pressure? Here we turned to TipRanks to source seven stocks to buy that have consensus "Buy" ratings from Wall Street's analysts, and that all have a beta of less than 1. Beta is a crucial measure of stock volatility, and a sub-1 reading implies a stock is less volatile than the broader market. Here's a closer look at these seven highly rated stock picks: SEE ALSO: 25 Dividend Stocks That Analysts Love the Most
Rodney Sacks took the helm as Monster Beverage Corporation’s (NASDAQ:MNST) CEO and grew market cap to US$34.18b recently. Recognizing whether CEO incentives are aligned with shareholders is a crucial partRead More...
Coca-Cola Co is buying a minority stake in a sports drink brand backed by basketball star Kobe Bryant, it said on Tuesday, seeking to mount a stronger challenge to PepsiCo's Gatorade. Coca-Cola's investment in BodyArmor - which will make it the brand's second largest shareholder - comes as its Powerade drink competes for market share with Gatorade.
CVS Health (CVS) released its second-quarter results on August 8 before the market opened. The company’s revenues for the quarter grew 2.2% YoY (year-over-year) to $46.7 billion and beat the estimate by 0.8%. CVS Health’s earnings increased 27.1% YoY to $1.6 per share and exceeded the forecast of $1.6 per share.
So far, 91% of the companies in the S&P 500 have reported their third-quarter earnings. Last week was mediocre for the market. The S&P 500 Index (SPY) fell 0.25% for the week ending August 10. Last week was average for most of the sectors in the index.
Monster Beverage’s (MNST) 12-month forward PE multiple increased 0.8% to 32.4x on August 9 in reaction to the company’s second-quarter earnings results.
This significant contraction in Monster Beverage’s gross margin was the result of higher promotional allowances, the adoption of a new accounting standard related to commissions paid to the Coca-Cola Company (KO), and higher input costs (including the cost of aluminum cans). The company’s second-quarter gross margin was also negatively affected by an unfavorable change in its domestic product sales mix and an unfavorable geographical sales mix resulting from a rise in the proportion of its international sales. Monster Beverage’s international operations carry a lower gross margin than its domestic operations.
Monster Beverage’s (MNST) sales grew 12.0% in the second quarter to ~$1.02 billion. Monster Beverage’s sales growth rate in the second quarter was higher than its 9.6% sales growth rate in the second quarter of 2017 but lower than its 14.7% sales growth rate in the first quarter of 2018. Monster Beverage’s second-quarter sales rose $16.8 million due to favorable foreign currency movements.
Several analysts have raised their price targets on Monster Beverage (MNST) stock in reaction to the company’s second-quarter results. Monster announced its second-quarter results after the market closed on August 8. Monster Beverage exceeded analysts’ earnings expectations but lagged analysts’ sales estimates for the quarter.