Monster Beverage (MNST) closed the latest trading day at $60.14, indicating a -0.66% change from the previous session's end. This change lagged the S&P 500's 0.89% gain on the day. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%.Coming into today, shares of the energy drink maker had gained 9.28% in the past month. In that same time, the Consumer Staples sector gained 2.54%, while the S&P 500 gained 3.56%.Investors will be eagerly watching for the performance of Monster Beverag ...

Jack Taylor Summary Following my coverage of Monster Beverage’s (NASDAQ:MNST), for which I recommended a buy rating due to my expectation that the business can continue to sustain earnings growth over the foreseeable future, thereby enabling it to continue trading at 32x forward PE, this post is to provide an update on my thoughts on the business and stock. I reiterate my buy rating for MNST as earnings growth continues to be strong, and I expect the strength to persist in the near term. Notably, there ...

Justin Sullivan This report covers Monster Beverage Corporation's (NASDAQ:MNST) stock, an asset secured by a company that we believe is perfectly placed to benefit from a generational consumer trend. Our latest coverage of Monster was back in June last year. We assigned a buy rating to the stock, stating that it remains a GARP opportunity. However, Monster has underperformed the S&P 500 market ever since, encouraging us to do a follow-up analysis. Previous MNST Rating (Seeking Alpha) Herewith are our ...

Monster Beverage Corporation (MNST) has been doing well, thanks to its robust business strategies. The company has been gaining from the expansion of the energy drinks category and product launches. It has launched many products and expanded distribution in the international markets.Buoyed by such strengths, shares of this energy drinks and alternative beverages’ marketer have risen 18% compared with the industry’s 4.9% growth over the past year. A Momentum Score of A further adds strength to this currently ...

Investors in Monster Beverage (MNST 5.74%) were feeling energized on Thursday. The stock jumped 5% by 2 p.m. ET today compared to a 0.4% uptick in the wider market, according to data provided by S&P Global Market Intelligence.The beverage giant's shares are still trailing the S&P 500 in the past year, though, rising 15% through late February compared to the index's 28% rally.Thursday's spike was powered by good news on the earnings front.Good growth newsMonster Beverage announced fourth-quarter results befo ...

Monster Beverage Corporation (MNST) delivered fourth-quarter 2023 results, wherein the top and bottom lines came below the Zacks Consensus Estimate. However, both metrics improved year over year on gains from the expansion of the energy drinks category and product launches.Monster Beverage’s adjusted earnings of 38 cents per share missed the Zacks Consensus Estimate of 39 cents. The figure advanced 31% year over year.Net sales of $1.73 billion improved 14.4% year over year but lagged the consensus estimate ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 001-18761 MONSTER BEVERAGE CORPORATION (Exact name of registrant as specified in its charter) Delaware 47-1809393 (State or o ...

Exhibit 99.1 PondelWilkinson Inc. 2945 Townsgate Road, Suite 200 Westlake Village, CA 91361 Investor Relations T (310) 279 5980 Strategic Public Relations Wwww.pondel.com CONTACTS: Rodney C. Sacks Chairman and Co-Chief Executive Officer (951) 739-6200 NEWS Hilton H. Schlosberg RELEASE Vice Chairman and Co-Chief Executive Officer (951) 739-6200 Roger S. Pondel / Judy Lin PondelWilkinson Inc. (310) 279-5980 MONSTER BEVERAGE REPORTS 2023 FOURTH QUARTER AND FULL-YEAR FINANCIAL RESULTS -- Record Fourth Quarter N ...

Wall Street analysts expect Monster Beverage (MNST) to post quarterly earnings of $0.39 per share in its upcoming report, which indicates a year-over-year increase of 34.5%. Revenues are expected to be $1.75 billion, up 15.9% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is essenti ...

Monster Beverage Corporation (MNST) is expected to report fourth-quarter 2023 results on Feb 28, after the closing bell. The beverage company is anticipated to have witnessed revenue and earnings growth in the to-be-reported quarter.The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $1.75 billion, indicating growth of 15.9% from the reported figure in the year-ago quarter. The consensus estimate for earnings of 39 cents per share suggests growth of 34.5% from the year-ago quarter’s actual ...