Group 1 - Monster Beverage's stock closed at $55.12, reflecting a -0.42% change, which is less than the S&P 500's daily loss of 0.32% [1] - The company has seen a 3.81% decline in shares over the past month, while the Consumer Staples sector gained 1.08% and the S&P 500 increased by 4.59% [1] - Upcoming earnings are projected to show an EPS of $0.39, a 34.48% increase year-over-year, with revenue expected at $1.75 billion, up 15.85% from the previous year [1] Group 2 - Recent adjustments to analyst estimates indicate a positive outlook for Monster Beverage, with a 0.49% increase in the Zacks Consensus EPS estimate over the last 30 days [2] - The company currently holds a Zacks Rank of 3 (Hold), reflecting a neutral sentiment among analysts [2] Group 3 - Monster Beverage has a Forward P/E ratio of 30.58, significantly higher than the industry average of 18.84, indicating it is trading at a premium [3] - The company's PEG ratio stands at 1.47, compared to the Beverages - Soft drinks industry average of 2.24, suggesting a favorable growth outlook [3] - The Beverages - Soft drinks industry ranks in the top 22% of all industries, with a Zacks Industry Rank of 55 [3]

-- Change Will Leverage Parent Company Brand Equity -- CORONA, Calif. and LONGMONT, Colo., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today announced that effective immediately, CANarchy Craft Brewery Collective ("CANarchy") will operate under the name Monster Brewing Company. CANarchy's new alcohol products, The Beast Unleashed™ and Nasty Beast™ Hard Tea, now represent the majority of the Company's alcohol beverage sales. This change will better align the business with Mon ...

Group 1: Company Performance - Monster Beverage's stock closed at $55.59, reflecting a +0.27% change from the previous trading day's closing, which lagged behind the S&P 500's 0.76% gain [1] - Over the past month, shares of Monster Beverage have decreased by 3.77%, while the Consumer Staples sector gained 4.52% and the S&P 500 gained 2.5% [1] - The upcoming earnings disclosure is projected to report earnings of $0.39 per share, representing a year-over-year growth of 34.48%, with revenue expected to be $1.75 billion, up 15.4% from the prior-year quarter [1] Group 2: Analyst Estimates and Ratings - Recent changes to analyst estimates for Monster Beverage indicate evolving short-term business trends, with positive revisions seen as a good sign for the company's outlook [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Monster Beverage at 3 (Hold), with a recent 0.02% fall in the Zacks Consensus EPS estimate [2] Group 3: Valuation Metrics - Monster Beverage has a Forward P/E ratio of 30.78, indicating a premium compared to its industry's Forward P/E of 18.73 [3] - The company has a PEG ratio of 1.48, which is lower than the average PEG ratio of 2.25 for the Beverages - Soft drinks industry [3] - The Beverages - Soft drinks industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 84, placing it in the top 34% of all industries [3]

Monster Beverage (MNST) closed the latest trading day at $55.14, indicating a +0.13% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.53%. Elsewhere, the Dow gained 0.64%, while the tech-heavy Nasdaq added 0.19%.Prior to today's trading, shares of the energy drink maker had lost 3.96% over the past month. This has lagged the Consumer Staples sector's gain of 3.27% and the S&P 500's gain of 2.48% in that time.The investment community will be paying clo ...

The latest trading session saw Monster Beverage (MNST) ending at $57.18, denoting a -0.12% adjustment from its last day's close. This change lagged the S&P 500's 1.23% gain on the day. On the other hand, the Dow registered a gain of 1.06%, and the technology-centric Nasdaq increased by 1.7%.The energy drink maker's stock has climbed by 3.38% in the past month, falling short of the Consumer Staples sector's gain of 4% and outpacing the S&P 500's gain of 0.94%.The investment community will be closely monitori ...

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According to an analysis of the Nasdaq Composite going back to 1971, the index has risen an average of 19% every year following a recovery year like 2023. And stock-split stocks could be an excellent way to bet on this positive trend continuing in 2024. Although stock splits don't impact business fundamentals, they can boost investor interest in a company and signify that it is moving in the right direction. Let's discuss why two recently split stocks, Monster Beverage (MNST 0.72%) and Shopify (SHOP 0.12%), ...

Company Performance - Monster Beverage (MNST) closed at $58.74, marking a +1.35% move from the prior day, outperforming the S&P 500 which lost 0.15% [1] - The stock has risen by 4.89% in the past month, lagging behind the Consumer Staples sector's gain of 7.22% and surpassing the S&P 500's gain of 3.5% [1] - The upcoming financial results are anticipated to show an EPS of $0.39, indicating a 34.48% growth year-over-year, with revenue expected to be $1.75 billion, reflecting a 15.35% increase [1] Analyst Estimates - Recent adjustments to analyst estimates for Monster Beverage indicate a favorable outlook on the company's business health and profitability [2] - The Zacks Rank system currently rates Monster Beverage at 3 (Hold), with no change in the Zacks Consensus EPS estimate over the past month [2] Valuation Metrics - Monster Beverage is trading at a Forward P/E ratio of 32.17, which is a premium compared to its industry's Forward P/E of 18.76 [3] - The company has a PEG ratio of 1.54, while the average PEG ratio for the Beverages - Soft drinks industry is 2.07 [3] - The Beverages - Soft drinks industry ranks in the top 13% of all industries, with a current Zacks Industry Rank of 31 [3]

Group 1 - Monster Beverage Corporation will host an investor meeting on January 16, 2024, to update on the Company's business and operations [1] - The presentation will be available as a live webcast at approximately 4:45 p.m. Eastern Time and will be archived for about one year [1] Group 2 - Monster Beverage Corporation is based in Corona, California, and operates through its consolidated subsidiaries [2] - The Company develops and markets a wide range of energy drinks, including Monster Energy® and various other brands [2] - In addition to energy drinks, the Company also markets still and sparkling waters, craft beers, hard seltzers, and flavored malt beverages under multiple brands [2]

CORONA, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that its Co-Chief Executive Officers, Rodney Sacks and Hilton Schlosberg, will host an investor meeting on Tuesday, January 16, 2024, to provide an update on the Company’s business and operations. The Company’s presentation will be open to all interested parties as a live webcast at www.monsterbevcorp.com, under the “Events & Presentations” section, at approximately 4:45 p.m. Eastern Time. The event ...