Monster(MNST)
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Monster Beverage Reports 2024 Third Quarter Financial Results
GlobeNewswire News Room· 2024-11-07 21:10
-- Record Third Quarter Net Sales Rise 1.3 Percent to $1.88 Billion ---- Net Sales, Excluding the Alcohol Brands Segment, Adjusted for Adverse Changes in Foreign Currency of $62.8 Million, Rise 5.0 Percent ---- Net Income Per Diluted Share was $0.38 in the 2024 Third Quarter Compared with Net Income Per Diluted Share of $0.43 in the 2023 Third Quarter ---- Adjusted Net Income Per Diluted Share was $0.40 in the 2024 Third Quarter Compared with Adjusted Net Income Per Diluted Share of $0.41 in the 2023 Third ...
Monster Beverage Is a Scary Good Deal at Current Levels
MarketBeat· 2024-11-07 12:46
Monster Beverage NASDAQ: MNST is the leading player in energy drinks, trading at a discount to its growth opportunity. The company and market face headwinds in 2024, with consumers impacted by higher interest rates, but long-term trends suggest the energy drink market will thrive over the next decade and Monster along with it. Monster Beverage TodayMNSTMonster Beverage$54.44 +0.33 (+0.61%) 52-Week Range$43.32▼$61.22P/E Ratio33.81Price Target$55.79Add to WatchlistThe estimates vary, but all are bullish, po ...
Monster Beverage Gears Up for Q3 Earnings: Here's What You Should Know
ZACKS· 2024-11-01 17:51
Monster Beverage Corporation (MNST) is expected to report third-quarter 2024 results on Nov. 7, after the closing bell. The beverage company is anticipated to have witnessed revenue and earnings growth.The Zacks Consensus Estimate for revenues is pegged at $1.92 billion, indicating growth of 3.2% from the figure reported in the year-ago quarter. The consensus estimate for earnings of 42 cents per share implies a rise of 2.4% from the year-ago quarter’s actual. The consensus mark has dipped a penny in the pa ...
3 Reasons To Buy Monster Energy
Seeking Alpha· 2024-10-28 17:38
When I first started investing, I read a lot of books about the best investors of all time, and inevitably learned more than I ever expected to know about Warren Buffett. His investment into The Coca-Cola Company ( KO My goal is to highlight the highest quality companies in the market, value or growth. I buy with a long-term time horizon, and am typically looking for companies with strong competitive advantages, solid management, and a history of creating shareholder value.https://www.tipranks.com/bloggers/ ...
怪物饮料——能量饮料龙头
安信国际· 2024-10-08 08:40
2024 年 10 月 8 日 怪物饮料(MNST.US) 怪物饮料——能量饮料龙头 怪物饮料(Monster Beverage Corporation,MNST)是美国的一家能量饮料公司,是全球最 大的能量饮料公司,旗下拥有 Monster Energy、Reign、Bang Energy 等多个知名品牌。可口 可乐公司是其最大股东。21/22/23 年公司营业收入分别为 55.4/63.1/71.4 亿美元,净利润 13.8/11.9/16.3 亿美元,增速迅猛,业绩表现亮眼。24 年上半年收入 38 亿,同比增长 6.9%, 净利润 8.7 亿,同比增长 6.9%。我们预期 24/25/26 年净利润为 17.0/18.4/20.2 亿美元,对 应每 EPS 收益为 1.74/1.88/2.07 美元。首次覆盖给予"买入"评级,给予目标价 57.1 美元。 报告摘要 公司拥有丰富的产品线,Monster Energy 是其最核心的品牌。24 年上半年收入占比达到 91.3%。并且这个部门的增长也是所有业务部门里最快的,过去三年的年化增速达到了 15%, 24 年二季度收入出现放缓,增速降到 3.3%。除 ...
Monster Beverage: Why I Doubled-Down On This Discounted Compounder
Seeking Alpha· 2024-09-27 15:30
Nikolaos Sismanis holds a BSc in Banking and Finance and has over five years of experience as an equities analyst. He covers a variety of growth stocks and income stocks, including identifying those with the highest expected return potential, and a solid margin of safety. He is a contributing author to the investing group He is a contributing author to the investing group Wheel of Fortune where they share actionable trading ideas across all asset-classes, sectors and industries. The goal of the service is t ...
Monster Beverage's Expansion Strategy Aids: Apt to Hold the Stock?
ZACKS· 2024-09-19 18:11
Shares of Monster Beverage Corporation (MNST) have gained 11.2% in the past month, outperforming the Zacks Beverages – Soft Drinks industry’s 2.8% growth, broader Consumer Staples sector’s return of 2.7% and the S&P 500 index’s 0.4% rise. This outperformance is attributed to the company’s expansion strategy and continued strength in its energy drinks category.Currently priced at $52.35, MNST stock is trading at 14.5% to its 52-week high of $61.23. However, it is trading at a 20.8% premium to its 52-week low ...
Checking in with 2 Energy Drink Stocks
Schaeffers Investment Research· 2024-09-18 18:30
The competition between beverage names is a hot topic, and Jefferies chimed in today stating Red Bull's new flavors are "gaining shares" from Celsius Holdings Inc (NASDAQ:CELH) and Monster Beverage Corp (NASDAQ:MNST). It's also worth noting that shorts have been building their positions on both, and short interest represents a large 16% of Celsius stock's available float, and 4% of Monster stock's. Celsius stock is underperforming on the charts, hitting a Sept. 6, 52-week low of $31.55. CELH's 20-day moving ...
Monster Beverage's Investment Potential: Why MNST Could Surprise You
ZACKS· 2024-09-12 18:16
Monster Beverage Corporation (MNST) stock has lost 13.8% in the year-to-date period, underperforming its industry peers and the S&P 500 index. MNST's stock movement reflects a decline from the industry and the Consumer Staples sector's growth of 12.4% and 10.4%, respectively. The company also underperformed the S&P 500's 15% rise in the same period. MNST Price Performance Image Source: Zacks Investment Research At the current price of $49.65, the stock trades at a 23.3% discount to its 52-week high of $61.2 ...
Monster Beverage: Upside Is Attractive At This Valuation
Seeking Alpha· 2024-09-10 12:01
SolStock Summary Following my coverage on Monster Beverage (NASDAQ:MNST) in March 2024, for which I recommended a buy rating due to my expectation that earnings growth will remain strong, with the potential to grow at >20%, this post is to provide an update on my thoughts on the business and stock. At a high level, MNST showed disappointing results since my last post, and that triggered a massive valuation re-rating, which combined together led to a sharp decline in share price. However, I don't believe the ...