Date | Price Target | Rating | Analyst |
---|---|---|---|
8/12/2024 | $56.00 → $50.00 | Neutral | ROTH MKM |
8/9/2024 | $46.00 → $40.00 | Sell | Truist |
8/8/2024 | $63.00 → $59.00 | Buy | Deutsche Bank |
8/8/2024 | $64.00 → $60.00 | Outperform | RBC Capital Mkts |
8/8/2024 | $56.00 → $50.00 | Neutral | JP Morgan |
8/8/2024 | $61.00 → $60.00 | Buy | Jefferies |
8/8/2024 | $59.00 → $57.00 | Overweight | Wells Fargo |
8/8/2024 | $60.00 → $54.00 | Buy | Citigroup |
CORONA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today announced that its Board of Directors has authorized a new share repurchase program for the repurchase of up to an additional $500.0 million of the Company's outstanding common stock. As of August 19, 2024, no amount remained available for repurchase under the Company's previously authorized repurchase program. The Company expects to make the share repurchases from time to time in the open market, through privately-negotiated transactions, by block-purchase or through other transactions managed by broker-dealers, or otherwise, subject to applicable laws, regulations and approvals. The timing
-- Record Second Quarter Net Sales Rise 2.5 Percent to $1.90 Billion ---- Net Sales, Excluding the Alcohol Brands Segment, Adjusted for Adverse Changes in Foreign Currency of $67.7 Million, Rise 7.4 Percent ---- Second Quarter Diluted EPS Increases 5.0 Percent -- CORONA, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today reported financial results for the three- and six-months ended June 30, 2024. Second Quarter ResultsNet sales for the 2024 second quarter increased 2.5 percent to $1.90 billion, from $1.85 billion in the same period last year. Net changes in foreign currency exchange rates had an unfavorable impact on net sales for the 2024 sec
-- Company to Conduct Conference Call at 2 p.m. Pacific Time -- CORONA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that results for its second quarter ended June 30, 2024, will be reported on Wednesday, August 7, 2024, after the close of the market. The company also said that Co-Chief Executive Officers, Rodney Sacks and Hilton Schlosberg, will host an investor conference call that same day at 2 p.m. Pacific Time to review the company's financial results and operations. The call will be open to all interested investors through a live audio webcast via the Internet at www.monsterbevcorp.com. For those who are not able to listen t
-- Rodney C. Sacks and Hilton H. Schlosberg to serve as Co-Chief Executive Officers ---- Thomas J. Kelly to serve as Chief Financial Officer -- CORONA, Calif., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today announced that Hilton H. Schlosberg was elected by the Board of Directors of the Company (the “Board”) as Co-Chief Executive Officer of the Company. Mr. Schlosberg will serve as Co-Chief Executive Officer together with Mr. Rodney C. Sacks, who has served as the Chief Executive Officer of the Company since 1990. Simultaneously with the foregoing, Mr. Schlosberg resigned his positions as President, Chief Financial Officer, Chief Operating Officer and S
Monster Beverage's (NYSE:MNST) short percent of float has fallen 29.44% since its last report. The company recently reported that it has 22.83 million shares sold short, which is 3.26% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.55 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
JP Morgan analyst Andrea Teixeira maintains Monster Beverage (NASDAQ:MNST) with a Neutral and lowers the price target from $59 to $56.
Action sports company Thrill One Sports & Entertainment announced a partnership Thursday with Monster Energy, one of the most well-known energy drink brands globally. What Happened: Thrill One Sports & Entertainment is the owner of several sports brands including Nitro Circus, Nitrocross and Street League Skateboarding. The sports company is partnering with Monster Energy, a unit of Monster Beverage Corporation (NASDAQ:MNST). The multiyear partnership will include exclusive energy drink sponsorship, innovative event experiences, and branding opportunities for the two companies. Grassroots engagement and community-building will also be a big focus of the partnership. The newly announ
ROTH MKM reiterated coverage of Monster Beverage with a rating of Neutral and set a new price target of $50.00 from $56.00 previously
Truist reiterated coverage of Monster Beverage with a rating of Sell and set a new price target of $40.00 from $46.00 previously
Deutsche Bank reiterated coverage of Monster Beverage with a rating of Buy and set a new price target of $59.00 from $63.00 previously
8-K - Monster Beverage Corp (0000865752) (Filer)
10-Q - Monster Beverage Corp (0000865752) (Filer)
8-K - Monster Beverage Corp (0000865752) (Filer)
-- Record Second Quarter Net Sales Rise 2.5 Percent to $1.90 Billion ---- Net Sales, Excluding the Alcohol Brands Segment, Adjusted for Adverse Changes in Foreign Currency of $67.7 Million, Rise 7.4 Percent ---- Second Quarter Diluted EPS Increases 5.0 Percent -- CORONA, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today reported financial results for the three- and six-months ended June 30, 2024. Second Quarter ResultsNet sales for the 2024 second quarter increased 2.5 percent to $1.90 billion, from $1.85 billion in the same period last year. Net changes in foreign currency exchange rates had an unfavorable impact on net sales for the 2024 sec
-- Company to Conduct Conference Call at 2 p.m. Pacific Time -- CORONA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that results for its second quarter ended June 30, 2024, will be reported on Wednesday, August 7, 2024, after the close of the market. The company also said that Co-Chief Executive Officers, Rodney Sacks and Hilton Schlosberg, will host an investor conference call that same day at 2 p.m. Pacific Time to review the company's financial results and operations. The call will be open to all interested investors through a live audio webcast via the Internet at www.monsterbevcorp.com. For those who are not able to listen t
-- Record First Quarter Net Sales Rise 11.8 Percent to $1.90 Billion ---- Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million,Rise 15.6 Percent (12.6 Percent Exclusive of Argentina's Impact) ---- First Quarter Gross Profit as a Percentage of Net Sales Improves to 54.1 Percent ---- First Quarter Net Income Increases 11.2 Percent to $442.0 Million ---- Company Currently Intends to Commence Tender Offer to Repurchase up to$3.0 Billion of Common Stock -- CORONA, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) today reported financial results for the three-months ended March 31, 2024. Net sales for the 2024 first quarter increas
4 - Monster Beverage Corp (0000865752) (Issuer)
4 - Monster Beverage Corp (0000865752) (Issuer)
4 - Monster Beverage Corp (0000865752) (Issuer)
SC 13D/A - Monster Beverage Corp (0000865752) (Subject)
SC 13D/A - Monster Beverage Corp (0000865752) (Subject)
SC 13D/A - Monster Beverage Corp (0000865752) (Subject)