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Monster Beverage Corporation, the parent company of Monster Energy Drink, is listed on the NASDAQ stock exchange under the ticker symbol MNST.
The company was founded in 2002 and has since become one of the leading manufacturers of energy drinks globally.
Monster Energy Drink is widely popular among gamers, athletes, and individuals seeking a energy boost.
The stock symbol MNST is often associated with the company's strong financial performance and growing market share.
Financial Analysis
Monster Energy Corp is one of the top market leaders in energy drinks, second only to Red Bull.
Its popularity can be attributed to the brand's strong image and association with extreme sports.
The company's products are widely available globally under different brands and are a major competitor in the market.
Monster Energy stock has performed well financially on the NASDAQ stock market under the symbol MNST.
Monster Beverage Corporation's profit margin has been steadily increasing, with a notable jump from 22.31% in June 2023 to 24.39% in September 2023.
Here's a breakdown of the company's profit margin over the past few quarters:
While there may be some economic uncertainty, Monster Energy's strong financial performance suggests it's well-equipped to handle any challenges that come its way.
Financial Performance
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Monster Beverage Corp's financial performance has been impressive in recent years. In 2023, the company's revenue jumped by 13.14% to $7.14 billion, surpassing the previous year's $6.31 billion.
The company's earnings also saw a significant boost, increasing by 36.87% to $1.63 billion in 2023. This growth is a testament to the company's strong brand image and association with extreme sports.
Monster Energy stock has done very well on the NASDAQ market, with a strong financial performance that has caught the attention of investors. The company's products are present globally under different brands and main competitors.
Here's a breakdown of Monster Beverage Corporation's profit margin for the last quarter of 2023:
Earnings Call Transcripts
Earnings Call Transcripts are a valuable resource for financial analysis. They provide a detailed record of company executives' discussions and answers to investor questions during quarterly earnings calls.
Monster Beverage, for example, has made its Earnings Call Transcripts publicly available. The transcripts are organized by quarter, with the most recent one available being Q1 2024.
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To access these transcripts, you can visit the Monster Beverage Earnings Call Transcripts page. The page lists the available transcripts, including the date of the earnings call and the corresponding transcript title.
Here is a list of the available Monster Beverage Earnings Call Transcripts:
By analyzing these transcripts, investors can gain a deeper understanding of a company's financial performance and future prospects.
Investment Insights
Monster Beverage has a solid market share of 24% in US sales, making it a key player in the energy drink industry.
The company's financial health is strong, with no interest-bearing debt on its balance sheet.
Despite recent poor quarterly results, I expect demand trends to improve, driven by new product launches, price increases, and strong international growth.
Gross margin improvements and favorable commodity prices are also expected to contribute to the company's growth.
Upside Attractive at This Valuation
Monster Beverage Corp. has a solid market share of 24% in US sales, making it a key player in the energy drink industry.
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The company's balance sheet is debt-free, which is a significant advantage in terms of financial stability.
Despite recent poor quarterly results, I expect demand trends to improve, driven by new product launches, price increases, and strong international growth.
Gross margin improvements and favorable commodity prices are also likely to contribute to the company's future success.
Monster Beverage's quarterly results did spook investors, but the company's long-term potential remains attractive at this valuation.
Bullish on APA, MNST, XPEV
Alan Knuckman and Ben Lichtenstein have identified APA Corp. (APA), Monster Beverage (MNST), and XPeng (XPEV) as today's top picks.
These three stocks are gaining attention due to their technical trends, which suggest a potential for growth.
Alan and Ben are discussing how to trade these names, implying that they have a solid understanding of the market and are looking to capitalize on the momentum.
The technical trends of these stocks are worth examining, as they can provide valuable insights into their future performance.
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By studying the charts and patterns of APA, MNST, and XPEV, investors can make more informed decisions about when to buy or sell.
Alan and Ben's expertise in technical analysis will be essential in helping investors navigate the complexities of the market.
Their discussion on how to trade these stocks is a testament to their confidence in the potential of APA, MNST, and XPEV.
Company Information
Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.
The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012.
Monster Beverage Corporation operates under the NASDAQ stock symbol, which is 5,254.
The company's market share in the energy beverage market is approximately 39%, second to the market leader, Red Bull, which has a 43% share.
Corporation
Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012.
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Monster Beverage Corporation operates through three segments: Monster Energy Drinks, Strategic Brands, and Other. Its products are sold to a wide range of customers, including bottlers, full-service beverage distributors, and retail grocery and specialty chains.
The company offers a diverse portfolio of beverages, including energy drinks, teas, lemonades, juice cocktails, and more. Its flagship product line, Monster Energy, is known for its bold flavors and high caffeine content.
Some of the notable brands under Monster Beverage Corporation's umbrella include Monster Energy, Monster Energy Ultra, NOS, Full Throttle, Burn, and Relentless.
Keurig Dr Pepper
Keurig Dr Pepper is a beverage giant with a notable valuation. It trades at a multiple of 3.3x revenues.
Stock Performance
Monster Energy's stock performance has been a mixed bag in recent years. The company's revenue has increased yearly, even during the pandemic, from $1.3 billion in 2010 to $7.1 billion in 2023.
In 2023, Monster Energy's revenue was $7.14 billion, an increase of 13.14% compared to the previous year's $6.31 billion. Earnings were $1.63 billion, an increase of 36.87%.
Despite this growth, Monster Energy's stock price is down nearly 25% since its all-time high in March 2024.
S&P 500's Worst Performer
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Monster Beverage Stock is one of the S&P 500's worst performers, and it's not alone. The energy-drink maker is on track for its largest percent decrease since March 2018.
This significant drop in stock value is a stark contrast to the overall market, which has seen a steady increase in recent years. Investors who held onto Monster Beverage Stock may be feeling the pinch.
The S&P 500's worst performer is a stark reminder that even the most seemingly stable companies can experience a downturn. It's a cautionary tale for investors to stay vigilant and do their research.
The energy-drink market, which Monster Beverage Stock is a part of, has also seen a decline in recent times. This has likely contributed to the company's poor stock performance.
Return
Monster Beverage's return on investment has been impressive, with a 36.87% increase in earnings to $1.63 billion in 2023.
The company's revenue growth has been consistent, increasing from $6.31 billion to $7.14 billion in 2023, a 13.14% jump.
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Monster Energy stock has been performing well since 2010, with revenue growing from $1.3 billion to $7.1 billion in 2023.
The company's net income reached a record $1.6 billion in 2023, a significant milestone.
However, in August 2024, the company's stock price took a hit, losing 11% in a single day of trading after it released its latest quarterly earnings.
The company's net sales of $1.90 billion fell short of the analyst estimate of $2.02 billion, a 5.89% difference.
This critical miss, combined with a lower-than-expected EPS of $0.41, led to concerns about the company's growth sustainability.
Management and Partnerships
Monster Energy has formed several strategic partnerships that have significantly contributed to its growth and market position.
Monster has partnered with various organizations to expand its reach and offerings. Monster Energy Stock Partnerships have been instrumental in its success.
One notable partnership is Monster's collaboration with professional sports teams and athletes, which has helped increase brand visibility and credibility.
Executives
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Monster Beverage Corp. has a seasoned leadership team. Rodney Cyril Sacks, the Co-Chief Executive Officer and Chairman, has been in the role since he was appointed, and he's 75 years old.
The Co-Chief Executive Officer and Vice Chairman, Hilton H. Schlosberg, is 72 years old. Emelie C. Tirre, the President of the Americas, is significantly younger at 55 years old.
Here's a list of the executives and their ages:
The executives are well-compensated, with the highest-paid executive being Mr. Rodney Cyril Sacks, who earned $3,060,000 in compensation.
Monster Partnerships
Monster has formed several strategic partnerships that have significantly contributed to its growth and market position.
Monster Energy Stock has formed partnerships that have contributed to its growth and market position. Monster has formed several strategic partnerships.
One of the most notable partnerships is with other companies that share its values and goals. Monster Energy Stock has partnered with companies to expand its reach and influence.
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These partnerships have helped Monster Energy Stock stay ahead in the market. By collaborating with other companies, Monster Energy Stock has been able to tap into new markets and customer bases.
Monster Energy Stock's partnerships have also helped it to stay innovative and competitive. By working together with other companies, Monster Energy Stock has been able to develop new products and services that meet the changing needs of its customers.
Monster has formed several strategic partnerships that have significantly contributed to its growth and market position.
Frequently Asked Questions
Is Monster on the stock market?
Yes, Monster Beverage Corp is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol MNST. You can find the latest stock price, quotes, and news on CNBC.
Can you invest in Monster Energy?
Yes, you can invest in Monster Energy through Stash, which allows you to buy fractional shares of the stock. Sign up for Stash to get started with investing in Monster Energy.
Does Monster Beverage pay a dividend?
No, Monster Beverage does not currently pay a dividend, as its TTM dividend payout is $0.00.
Is Monster beverage stock a buy?
Monster Beverage stock has a strong "buy" consensus, backed by 42 buy ratings and 1 sell rating. Investors may want to consider this stock, but it's essential to weigh the pros and cons before making a decision.
How much is Monster worth?
As of December 30, 2024, Monster Beverage's market cap is approximately $51.09 billion. However, its value has decreased by 13.17% over the past year.
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