Monster Beverage Stock Scheduled to Split on Tuesday, August 11th (NASDAQ:MNST)

Monster Beverage Corporation (NASDAQ:MNST)’s stock is scheduled to split on the morning of Tuesday, August 11th. The 2-1 split was announced on Wednesday, July 8th. The newly issued shares will be distributed to shareholders after the closing bell on Monday, August 10th.

Monster Beverage Price Performance

NASDAQ:MNST opened at $94.16 on Friday. Monster Beverage has a one year low of $59.80 and a one year high of $100.34. The company’s 50-day simple moving average is $94.29 and its 200 day simple moving average is $84.71. The firm has a market capitalization of $92.09 billion, a P/E ratio of 45.49, a PEG ratio of 3.07 and a beta of 0.53.

Monster Beverage (NASDAQ:MNST) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. Monster Beverage had a net margin of 23.11% and a return on equity of 26.86%. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the prior year, the company earned $0.52 earnings per share. The business’s revenue was up 20.2% compared to the same quarter last year. On average, equities research analysts expect that Monster Beverage will post 2.31 earnings per share for the current fiscal year.

Monster Beverage announced that its Board of Directors has approved a share repurchase program on Friday, May 15th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 0.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Key Headlines Impacting Monster Beverage

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

• Positive Sentiment: Monster reported quarterly EPS of $0.60, exceeding consensus estimates of $0.58–$0.59 and rising from $0.52 a year earlier. Monster Beverage Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Revenue increased 20.2% year over year to $2.54 billion, well above analysts’ $2.43 billion forecast, providing the primary bullish catalyst for MNST. Monster Beverage Earnings Results
• Positive Sentiment: Growth was supported by continued strength in Monster’s core energy-drink business and increasing international sales, indicating that demand is broadening beyond the U.S. market. Monster Beverage Sales Rise on International Growth
• Neutral Sentiment: Monster’s net margin was 23.11% and return on equity was 26.86%, showing strong profitability; however, investors will monitor whether margins can remain resilient as the company expands internationally.
• Neutral Sentiment: The company’s upcoming two-for-one stock split is scheduled to take effect before the market opens on August 11. The split may improve trading accessibility but does not change Monster’s underlying valuation or business fundamentals.
• Negative Sentiment: At roughly 45 times earnings and near its 52-week high, MNST shares already reflect substantial growth expectations. That rich valuation may limit upside or prompt profit-taking even after the earnings and revenue beats.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Morgan Stanley set a $103.00 price objective on Monster Beverage and gave the company an “overweight” rating in a research report on Monday, June 1st. Citigroup cut Monster Beverage from a “buy” rating to a “positive” rating in a research note on Monday, July 20th. UBS Group raised their price target on Monster Beverage from $84.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Rothschild & Co Redburn raised Monster Beverage from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $76.00 to $90.00 in a research report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft lowered Monster Beverage from a “buy” rating to a “hold” rating and lifted their price target for the stock from $94.00 to $98.00 in a research report on Monday, July 20th. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $94.65.

Insider Activity at Monster Beverage

In related news, CEO Guy Carling sold 19,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $90.90, for a total value of $1,727,100.00. Following the sale, the chief executive officer owned 21,863 shares in the company, valued at approximately $1,987,346.70. This trade represents a 46.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Mark J. Hall sold 54,000 shares of Monster Beverage stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $85.81, for a total transaction of $4,633,740.00. Following the completion of the sale, the director directly owned 299,246 shares of the company’s stock, valued at approximately $25,678,299.26. This trade represents a 15.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 178,700 shares of company stock valued at $15,457,562 over the last ninety days. Company insiders own 8.10% of the company’s stock.

Hedge Funds Weigh In On Monster Beverage

Institutional investors and hedge funds have recently modified their holdings of the company. Clearstead Trust LLC purchased a new stake in Monster Beverage during the second quarter valued at $32,000. MV Capital Management Inc. purchased a new position in Monster Beverage in the fourth quarter worth about $30,000. Newbridge Financial Services Group Inc. grew its stake in shares of Monster Beverage by 1,338.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 446 shares of the company’s stock valued at $28,000 after purchasing an additional 415 shares during the period. Kemnay Advisory Services Inc. bought a new stake in shares of Monster Beverage during the 4th quarter valued at about $35,000. Finally, Miller Capital Partners Inc. bought a new position in shares of Monster Beverage in the 4th quarter worth approximately $36,000. 72.36% of the stock is currently owned by hedge funds and other institutional investors.

About Monster Beverage

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.