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OFFON

MONSTER BEVERAGE CORPORATION

(MNST)
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Monster Beverage: 3Q Earnings Snapshot

11/05/2020 | 04:54pm EDT

CORONA, Calif. (AP) _ Monster Beverage Corp. (MNST) on Thursday reported third-quarter net income of $347.7 million.

The Corona, California-based company said it had net income of 65 cents per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The energy drink maker posted revenue of $1.25 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.24 billion.

Monster Beverage shares have increased 32% since the beginning of the year, while the Standard & Poor's 500 index has risen roughly 9%. In the final minutes of trading on Thursday, shares hit $83.68, a rise of 48% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNST at https://www.zacks.com/ap/MNST

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Financials (USD)
Sales 2021 5 365 M - -
Net income 2021 1 388 M - -
Net cash 2021 1 897 M - -
P/E ratio 2021 35,6x
Yield 2021 -
Capitalization 49 420 M 49 420 M -
EV / Sales 2021 8,86x
EV / Sales 2022 7,96x
Nbr of Employees 3 340
Free-Float 58,9%
Chart MONSTER BEVERAGE CORPORATION
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Monster Beverage Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends MONSTER BEVERAGE CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 102,71 $
Last Close Price 93,50 $
Spread / Highest target 26,2%
Spread / Average Target 9,84%
Spread / Lowest Target -18,7%
EPS Revisions
Managers and Directors
NameTitle
Rodney Cyril Sacks Chairman & Co-Chief Executive Officer
Hilton Hiller Schlosberg Vice Chairman & Co-Chief Executive Officer
Thomas J. Kelly CFO & Principal Accounting Officer
Gary P. Fayard Independent Director
Benjamin M. Polk Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
MONSTER BEVERAGE CORPORATION1.10%49 420
THE COCA-COLA COMPANY2.41%242 144
PEPSICO, INC.-0.41%204 053
NONGFU SPRING CO., LTD.-21.58%62 388
KEURIG DR PEPPER INC.10.09%49 936
COCA-COLA EUROPACIFIC PARTNERS PLC28.52%27 953