Monster Beverage (MNST) Projected to Post Quarterly Earnings on Thursday

Monster Beverage (NASDAQ:MNST) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.46 per share and revenue of $1.97 billion for the quarter.

Monster Beverage (NASDAQ:MNST) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.02). The firm had revenue of $1.81 billion for 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%. On average, analysts expect Monster Beverage to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Monster Beverage Stock Performance

Shares of NASDAQ MNST opened at $58.49 on Tuesday. The company has a market cap of $56.92 billion, a PE ratio of 37.49, a price-to-earnings-growth ratio of 2.28 and a beta of 0.64. Monster Beverage has a 12 month low of $43.32 and a 12 month high of $60.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.13 and a quick ratio of 2.51. The company has a 50-day simple moving average of $56.59 and a 200-day simple moving average of $53.53.

Insiders Place Their Bets

In other news, insider Emelie Tirre sold 91,316 shares of Monster Beverage stock in a transaction that occurred on 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 sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark J. Hall sold 12,000 shares of Monster Beverage stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $54.50, for a total value of $654,000.00. Following the sale, the director now directly owns 296,846 shares in the company, valued at $16,178,107. The trade was a 3.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 208,316 shares of company stock valued at $11,484,440 in the last three months. Company insiders own 7.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on MNST shares. Truist Financial lifted their price target on shares of Monster Beverage from $40.00 to $50.00 and gave the stock a “sell” rating in a report on Wednesday, April 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $59.00 target price on shares of Monster Beverage in a research report on Wednesday, January 22nd. UBS Group raised their target price on shares of Monster Beverage from $57.00 to $62.00 and gave the stock a “neutral” rating in a research report on Thursday, April 17th. Wells Fargo & Company raised their target price on shares of Monster Beverage from $60.00 to $65.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price 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 issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $58.39.

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.