MNST - Monster Beverage Corporation
| Previous Close | 61.34 |
| Open | 61.34 |
| Bid | 61.71 x 800 |
| Ask | 61.74 x 900 |
| Day's Range | 60.78 - 61.93 |
| 52 Week Range | 47.61 - 70.22 |
| Volume | 551,771 |
| Avg. Volume | 3,028,567 |
| Market Cap | 34.162B |
| Beta | 0.92 |
| PE Ratio (TTM) | 41.50 |
| EPS (TTM) | 1.49 |
| Earnings Date | Nov 6, 2018 - Nov 12, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 65.25 |
- Reuters•yesterday
UPDATE 3-Coca-Cola bets on Kobe sports drink in fight with Gatorade (Aug. 14)
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.
- Market Realist•2 days ago
Top Gainers in the Consumer Sector Last Week
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.
- Market Realist•2 days ago
Consumer Sector Was Mediocre in the Week Ending August 10
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.
Market Realist•3 days agoHow Monster Beverage Is Valued following Its Q2 2018 Results
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.
Market Realist•6 days agoWhat Caused Monster Beverage’s Q2 2018 Margin Contraction?
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.
Market Realist•6 days agoWhat Drove Monster Beverage’s Q2 2018 Sales Growth?
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.
Market Realist•6 days agoHow Analysts Reacted to Monster Beverage’s Q2 2018 Results
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.
- Motley Fool•7 days ago
3 Key Takeaways From Monster Beverage's Earnings Call
In its quarterly tete-a-tete with analysts, Monster management discussed profitability, pricing, and prospects in Asia.
- Investor's Business Daily•7 days ago
Sell Rules For Growth Stocks: Use A Climax Top To Convert Paper Gains Into Real Profits
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.
- Motley Fool•7 days ago
Why Monster Beverage Corp. Stock Jumped as Much as 5.1% Today
The energy drink veteran delivered a positive earnings surprise for the first time in two years.
- Zacks•7 days ago
Monster Beverage (MNST) Q2 Earnings Top, Sales Lag Estimates
Monster Beverage (MNST) reports mixed second-quarter 2018 results. Further, management is on track with the launch of Monster Energy brand which is likely to boost sales.
Market Realist•7 days agoHow Monster Beverage Fared in the Second Quarter
Monster Beverage (MNST) stock fell 0.2% in after-market hours on August 8 even though the energy drink manufacturer generated strong sales and earnings growth in the second quarter. Declining margins and the performance of the Strategic Brands segment were two areas of concern in the second quarter. Monster Beverage’s sales of $1.02 billion in the second quarter lagged the consensus analyst expectation by 0.8%.
Motley Fool•8 days agoMonster Beverage (MNST) Q2 2018 Earnings Conference Call Transcript
MNST earnings call for the period ending June 30, 2018.
Motley Fool•8 days agoWhat's Sapping Monster Beverage's Energy?
The energy-drink specialist hasn't been able to build much positive momentum lately.
- InvestorPlace•8 days ago
Monster Beverage (MNST) Stock Dips Despite Q2 Earnings Beat
Monster Beverage (NASDAQ:MNST) reported its latest quarterly earnings results on Wednesday, which unveiled mixed figures that sent shares sliding after hours despite its earnings beat. On an adjusted basis excluding special items, analysts were calling for Monster Beverage’s earnings to come in at around 47 cents per share, according to data from a survey conducted by Thomson Reuters. Revenue was also strong for Monster Beverage in its second quarter as sales surged to $1.02 billion, a 12.1% increase compared to the $910 million it raked in during the year-ago quarter.
- Associated Press•8 days ago
Monster Beverage: 2Q Earnings Snapshot
On a per-share basis, the Corona, California-based company said it had net income of 48 cents. The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment ...
- GlobeNewswire•8 days ago
Monster Beverage Reports 2018 Second Quarter Financial Results
--Record Quarterly Net Sales exceed $1.0 billion threshold---- Second Quarter Net Sales rise 12.0 percent; 13.3 percent without the adoption of ASC 606---- Second Quarter Net Income increases 21.3 percent ...
- ACCESSWIRE•8 days ago
Monster Beverage Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Monster Beverage Corporation (NASDAQ: MNST ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at 5:00 PM Eastern ...
- Benzinga•8 days ago
Monster Beverage's Q2 Earnings Preview
Monster Beverage (NASDAQ: MNST ) releases its next round of earnings Wednesday. Here's Benzinga's essential guide to Monster Beverage's Q2 earnings report. Earnings and Revenue Monster Beverage EPS will ...
- Investing.com•8 days ago
Top 5 Things To Know In The Market On Wednesday
Investing.com - Here are the top five things you need to know in financial markets on Wednesday, August 8:
- Financial Times•8 days ago
[$$] Monster Beverage reports record quarterly sales
reported quarterly sales of more than $1bn for the first time in its history, but the energy drinks company said higher costs for promotions and raw materials such as aluminium cans were weighing on some measures of profitability. The California-based beverages company, behind assertively-named energy drinks such as Monster, Relentless and Mutant, said net sales in its second fiscal quarter ended June 30 rose 12 per cent from a year ago to $1.02bn, which was roughly in line with the mean forecast among analysts surveyed by Thomson Reuters. The company pointed out it was the first time quarterly sales had topped $1bn, with year-on-year growth of 14 per cent in its Monster energy drinks segment, which accounts for about 91 per cent of group revenue.
- Zacks•9 days ago
Will Product Launches Drive Monster's (MNST) Q2 Earnings?
Monster Beverage's (MNST) efforts to innovate products and brand launches are likely to drive the company's top line in the second quarter of 2018.
Market Realist•10 days agoWhat Will Drive Monster Beverage’s Second-Quarter Earnings?
Monster Beverage’s (MNST) EPS (earnings per share), excluding one-time items, of $0.39 was in line with analysts’ expectations in the first quarter of 2018. Monster Beverage’s EPS grew 21.9% on a YoY basis in the first quarter driven by strong sales and lower taxes. The company’s first-quarter bottom line also benefitted from a lower share count due to share repurchases.
Market Realist•10 days agoWhat to Expect from Monster Beverage’s Sales in the Second Quarter
Monster Beverage (MNST) has exceeded sales expectations in six out of the past nine quarters. In the first quarter of 2018, the company’s sales of $850.9 million surpassed analysts’ expectation of $849.9 million. Monster Beverage’s sales rose 14.7% on a year-over-year basis in the first quarter of 2018 compared to a 9.1% growth rate in the first quarter of 2017. The company’s double-digit net sales growth in the first quarter was driven by strong sales in its Monster Energy Drinks segment and favorable changes in foreign currency exchange rates.
Market Realist•10 days agoCould Monster Beverage Stock Rise on Q2 Results?
Monster Beverage (MNST) is scheduled to announce its results for the second quarter of 2018 after markets close on August 8. As of August 3, Monster Beverage stock was down 6.4% on a YTD (year-to-date) basis. Monster Beverage stock declined 7.5% on May 9 following the company’s first-quarter results.
