FY2027 Earnings Forecast for MNST Issued By Roth Capital

Monster Beverage Co. (NASDAQ:MNST) – Stock analysts at Roth Capital issued their FY2027 EPS estimates for Monster Beverage in a report released on Tuesday, March 11th. Roth Capital analyst S. Mcgowan forecasts that the company will post earnings per share of $2.36 for the year. The consensus estimate for Monster Beverage’s current full-year earnings is $1.62 per share.

A number of other research analysts have also weighed in on MNST. UBS Group raised their target price on shares of Monster Beverage from $53.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, March 3rd. JPMorgan Chase & Co. lifted their target price on Monster Beverage from $51.00 to $53.00 and gave the stock a “neutral” rating in a research report on Friday, February 28th. Morgan Stanley increased their price objective on Monster Beverage from $55.00 to $60.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. Royal Bank of Canada reissued an “outperform” rating and set a $59.00 price target on shares of Monster Beverage in a research report on Wednesday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Monster Beverage from $60.00 to $61.00 and gave the stock a “buy” rating in a research report on Friday, February 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $55.83.

Monster Beverage Stock Performance

NASDAQ:MNST opened at $54.40 on Wednesday. The stock has a market capitalization of $52.94 billion, a P/E ratio of 34.87, a P/E/G ratio of 2.28 and a beta of 0.71. The company has a current ratio of 3.13, a quick ratio of 2.51 and a debt-to-equity ratio of 0.13. Monster Beverage has a 12-month low of $43.32 and a 12-month high of $61.22. The stock has a 50-day moving average price of $50.71 and a 200 day moving average price of $51.65.

Monster Beverage (NASDAQ:MNST) last released its earnings results on Thursday, February 27th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.02). The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Monster Beverage had a return on equity of 23.31% and a net margin of 21.66%.

Insider Activity

In related news, CFO Thomas J. Kelly sold 10,000 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $52.65, for a total transaction of $526,500.00. Following the sale, the chief financial officer now directly owns 74,924 shares of the company’s stock, valued at approximately $3,944,748.60. This represents a 11.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Emelie Tirre sold 91,316 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $55.38, for a total transaction of $5,057,080.08. Following the completion of the transaction, the insider now owns 76,201 shares of the company’s stock, valued at approximately $4,220,011.38. This trade represents a 54.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 149,316 shares of company stock valued at $8,218,300 in the last quarter. 7.80% of the stock is currently owned by company insiders.

Institutional Trading of Monster Beverage

Several institutional investors have recently bought and sold shares of the business. State Street Corp lifted its position in shares of Monster Beverage by 6.9% during the 3rd quarter. State Street Corp now owns 33,742,390 shares of the company’s stock valued at $1,760,341,000 after buying an additional 2,168,379 shares in the last quarter. Loomis Sayles & Co. L P raised its position in Monster Beverage by 4.7% during the third quarter. Loomis Sayles & Co. L P now owns 27,142,970 shares of the company’s stock worth $1,416,048,000 after acquiring an additional 1,229,789 shares during the period. Janus Henderson Group PLC lifted its holdings in Monster Beverage by 109.3% during the third quarter. Janus Henderson Group PLC now owns 22,559,092 shares of the company’s stock valued at $1,176,913,000 after purchasing an additional 11,779,162 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Monster Beverage by 8.8% in the fourth quarter. Geode Capital Management LLC now owns 17,112,000 shares of the company’s stock valued at $897,012,000 after purchasing an additional 1,383,914 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Monster Beverage by 9.3% during the fourth quarter. Invesco Ltd. now owns 8,590,994 shares of the company’s stock worth $451,543,000 after purchasing an additional 734,406 shares in the last quarter. 72.36% of the stock is owned by institutional investors and hedge funds.

About Monster Beverage

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other.