Monster Beverage (NASDAQ:MNST) Price Target Raised to $88.00

Monster Beverage (NASDAQ:MNST) had its price target raised by Royal Bank Of Canada from $83.00 to $88.00 in a research note released on Tuesday morning, MarketBeat reports. They currently have an outperform rating on the stock.

Other equities analysts have also issued reports about the company. Weiss Ratings reissued a “buy (b)” rating on shares of Monster Beverage in a report on Monday, December 29th. TD Cowen reiterated a “hold” rating on shares of Monster Beverage in a research report on Thursday, January 8th. Wells Fargo & Company reissued an “overweight” rating and issued a $86.00 price target (up from $83.00) on shares of Monster Beverage in a research note on Monday, January 5th. Stifel Nicolaus set a $82.00 price objective on shares of Monster Beverage and gave the company a “buy” rating in a research note on Friday, December 12th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Monster Beverage from $84.00 to $88.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Fourteen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Monster Beverage has an average rating of “Moderate Buy” and an average target price of $80.00.

Monster Beverage Stock Up 1.5%

MNST stock opened at $86.66 on Tuesday. The stock has a market cap of $84.67 billion, a PE ratio of 49.24, a price-to-earnings-growth ratio of 2.18 and a beta of 0.45. The firm’s 50-day simple moving average is $79.93 and its 200 day simple moving average is $72.26. Monster Beverage has a fifty-two week low of $50.93 and a fifty-two week high of $86.80.

Monster Beverage (NASDAQ:MNST) last posted its earnings results on Thursday, February 26th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.49 by $0.02. Monster Beverage had a net margin of 21.65% and a return on equity of 27.76%. The firm had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.04 billion. During the same quarter in the prior year, the firm earned $0.39 EPS. Monster Beverage’s quarterly revenue was up 17.6% on a year-over-year basis. Equities analysts forecast that Monster Beverage will post 1.62 EPS for the current fiscal year.

Insider Transactions at Monster Beverage

In other news, insider Emelie Tirre sold 30,000 shares of Monster Beverage stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $73.31, for a total value of $2,199,300.00. Following the transaction, the insider owned 63,939 shares of the company’s stock, valued at $4,687,368.09. The trade was a 31.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Rodney C. Sacks sold 206,543 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $73.58, for a total transaction of $15,197,433.94. Additional details regarding this sale are available in the official SEC disclosure. 8.30% of the stock is owned by insiders.

Institutional Trading of Monster Beverage

A number of hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in Monster Beverage by 397.9% during the first quarter. Jones Financial Companies Lllp now owns 15,201 shares of the company’s stock valued at $890,000 after purchasing an additional 12,148 shares during the last quarter. Sivia Capital Partners LLC increased its position in Monster Beverage by 247.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,986 shares of the company’s stock worth $813,000 after purchasing an additional 9,251 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Monster Beverage during the 2nd quarter worth about $236,000. Leavell Investment Management Inc. acquired a new stake in shares of Monster Beverage during the 2nd quarter valued at about $202,000. Finally, Brighton Jones LLC acquired a new stake in shares of Monster Beverage during the 2nd quarter valued at about $1,382,000. 72.36% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Monster Beverage

Here are the key news stories impacting Monster Beverage this week:

• Positive Sentiment: Earnings and revenue beat — Q4 EPS $0.51 vs. consensus $0.49 and revenue $2.13B vs. $2.04B, with revenue up ~17.6% year‑over‑year. This beat is the primary catalyst for the stock move. Monster Beverage (MNST) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Strong segment performance and profit — Monster Energy Drinks sales rose ~19% and Strategic Brands ~7.8%; net income of $449.2M and healthy margins/ROE reinforce quality of the beat. Monster Beverage Posts Higher Fourth-Quarter Profit as Energy-Drink Sales Rise
• Positive Sentiment: Analyst/upside notes — recent coverage from broker commentary highlights upside potential and supports buying interest following the results. Royal Bank Of Canada Forecasts Strong Price Appreciation for Monster Beverage (NASDAQ:MNST) Stock Evercore Forecasts Strong Price Appreciation for Monster Beverage (NASDAQ:MNST) Stock
• Neutral Sentiment: Company release and conference call available — management commentary in the call will be important for forward guidance and cost/mix commentary. View Press Release
• Neutral Sentiment: Wide media coverage — multiple outlets (Investing.com, Yahoo Finance, Seeking Alpha) reiterate the beat and growth trends; helps visibility but adds limited new information. Monster Beverage earnings beat by $0.03, revenue topped estimates
• Negative Sentiment: Valuation and expectations — MNST trades at a rich multiple (PE ~44), so investors will scrutinize guidance and sustainability of volume/mix improvements; any disappointment on forward outlook could reverse gains.

Monster Beverage Company Profile

Monster Beverage Corporation (NASDAQ: MNST) is an American beverage company best known for its Monster Energy brand of energy drinks. The company’s product portfolio centers on carbonated energy beverages and a range of complementary ready-to-drink offerings, including energy coffees, hydration beverages and other flavored functional drinks. Monster markets multiple sub-brands and flavor variants to address different consumer segments and consumption occasions.

Originally organized around the Hansen’s Natural line of juices and sodas, the company pivoted toward the energy drink category and formally adopted the Monster Beverage name in the early 2010s to reflect its strategic focus.