Monster Beverage (MNST)
(Delayed Data from NSDQ)
$47.13 USD
+0.13 (0.28%)
Updated Aug 30, 2024 03:59 PM ET
After-Market: $47.12 -0.01 (-0.02%) 7:58 PM ET
4-Sell of 5 4
D Value C Growth B Momentum D VGM
Company Summary
Monster Beverage Corporation, headquartered in Corona, CA, is a marketer and distributor of energy drinks and alternative beverages. Incorporated in 1990 in Delaware, Monster Beverage was previously known as Hansen Natural Corporation. In 1992, the company acquired the Hansen Beverage business.
On Jun 12, 2015, Monster Beverage closed a deal with The Coca-Cola Company (TCCC). Per this long-term strategic deal, Coca-Cola acquired an approximate 16.7% equity stake in Monster Beverage. Coca Cola also transferred ownership of global energy drinks business, which includes brands like NOS, Full Throttle, to Monster Beverage. In exchange, Monster Beverage transferred non-energy business to TCCC.<...
Company Summary
Monster Beverage Corporation, headquartered in Corona, CA, is a marketer and distributor of energy drinks and alternative beverages. Incorporated in 1990 in Delaware, Monster Beverage was previously known as Hansen Natural Corporation. In 1992, the company acquired the Hansen Beverage business.
On Jun 12, 2015, Monster Beverage closed a deal with The Coca-Cola Company (TCCC). Per this long-term strategic deal, Coca-Cola acquired an approximate 16.7% equity stake in Monster Beverage. Coca Cola also transferred ownership of global energy drinks business, which includes brands like NOS, Full Throttle, to Monster Beverage. In exchange, Monster Beverage transferred non-energy business to TCCC.
Monster Beverage reports results under the following operating segments:
Monster Energy Drinks (92.4% of net sales in FY23): Monster Energy Drinks Segment includes the former Direct Store Delivery segments, excluding Peach Tea brand. This segment comprises mostly Monster Energy brand products.
Strategic Brands (5.6%): The Strategic Brands segment includes brands acquired from the “TCCC Transaction”. Monster Beverage observes the same business model with acquired brands as their previous owner.
Alcohol Brands (1.6%): Alcohol Brands segment includes various craft beers and hard seltzers purchased as part of its acquisition of CANarchy Craft Brewery Collective LLC on Feb 17, 2022 as well as The Beast Unleashed. It also sells kegged and ready-to-drink canned beers, hard seltzers and FMBs, primarily to beer distributors in the United States.
Other (0.4%): The Other segment includes the former warehouse segment and the Peach Tea brand. The segment also includes products acquired from the AFF Transaction that are sold to independent third-parties. On Apr 1, 2016, the company acquired the concentrate and flavor business of American Fruits and Flavors (AFF).
General Information
Monster Beverage Corporation
1 MONSTER WAY
CORONA, CA 92879
Phone: 951-739-6200
Fax: 951-739-6210
Web: http://www.monsterbevcorp.com
Email: jlin@pondel.com
Industry | Beverages - Soft drinks |
Sector | Consumer Staples |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/7/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.43 |
Current Year EPS Consensus Estimate | 1.66 |
Estimated Long-Term EPS Growth Rate | 13.00 |
Exp Earnings Date | 11/7/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 47.00 |
52 Week High | 61.23 |
52 Week Low | 43.32 |
Beta | 0.76 |
20 Day Moving Average | 7,153,249.50 |
Target Price Consensus | 55.10 |
4 Week | -8.27 |
12 Week | -10.14 |
YTD | -18.19 |
4 Week | -11.55 |
12 Week | -14.84 |
YTD | -30.41 |
Shares Outstanding (millions) | 979.54 |
Market Capitalization (millions) | 46,165.91 |
Short Ratio | NA |
Last Split Date | 11/10/2016 |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 28.35 |
Trailing 12 Months | 29.09 |
PEG Ratio | 2.18 |
vs. Previous Year | 5.13% |
vs. Previous Quarter | -2.38% |
vs. Previous Year | 2.46% |
vs. Previous Quarter | 0.08% |
Price/Book | 7.87 |
Price/Cash Flow | 28.67 |
Price / Sales | 6.25 |
6/30/24 | 22.23 |
3/31/24 | 20.74 |
12/31/23 | 20.95 |
6/30/24 | 18.27 |
3/31/24 | 17.58 |
12/31/23 | 17.69 |
6/30/24 | 3.41 |
3/31/24 | 4.91 |
12/31/23 | 4.81 |
6/30/24 | 2.69 |
3/31/24 | 4.15 |
12/31/23 | 3.97 |
6/30/24 | 22.99 |
3/31/24 | 22.97 |
12/31/23 | 22.99 |
6/30/24 | 22.84 |
3/31/24 | 22.83 |
12/31/23 | 22.84 |
6/30/24 | 29.26 |
3/31/24 | 29.27 |
12/31/23 | 28.97 |
6/30/24 | 5.99 |
3/31/24 | 8.23 |
12/31/23 | 7.91 |
6/30/24 | 3.77 |
3/31/24 | 3.75 |
12/31/23 | 3.71 |
6/30/24 | 0.13 |
3/31/24 | 0.00 |
12/31/23 | 0.00 |
6/30/24 | 11.32 |
3/31/24 | 0.00 |
12/31/23 | 0.00 |