Monster Beverage (MNST) Rises As Market Takes a Dip: Key Facts

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]