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MNST $56.38

MNST target price
56.38
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125
Monster Beverage Corporation
Type
Public
Traded as NASDAQ: MNST
NASDAQ-100 Component
S&P 500 Component
Founded 1935; 82 years ago (1935)
Founder Hubert Hansen
Headquarters Corona, California, U.S.
Key people
Rodney Sacks
(Chairman and CEO)
Hilton Schlosberg
(President and COO)
Products Soft drinks, natural juices, energy drinks
Revenue Increase US$2.246 billion (2013)
Operating income
Increase US$572 million (2013)
Net income
Increase US$338 million (2013)
Total assets Increase US$1.420 million (2013)
Total equity Increase US$992 million (2013)
Number of employees
1,240 (2013)
Subsidiaries Blue Sky Beverage Company
Website monsterbevcorp.com

Monster Beverage Corporation is an American beverage company that manufactures energy drinks, natural soft drinks, and fruit drinks including Monster Energy, Hansen's Natural Soda, Hansen's Energy, Hansen's Junior Juice, Hubert's Lemonade, Peace Tea, and Blue Sky.

NASCAR announced on December 1, 2016 a multi-year deal that will make Monster Energy only the third entitlement sponsor in its premier series history.

As of May 2012, Monster held nearly 35% of the $31.9 billion US energy drink market.

Hansen's was founded in 1935. In the 1930s, Hubert Hansen and his three sons began selling juice to film studios and retailers in Southern California under the Hansen's name. In the 1970s, Tim Hansen (the grandson of Hubert) developed and marketed a variety of sodas and juices, also under the Hansen's label.

The company became Hansen's Juices, and later The Fresh Juice Company of California. The plant that was opened in Los Angeles in 1946 was used until operations were moved to a new plant in Azusa, California in 1993. The company filed for bankruptcy in 1988, and was acquired by the California CoPackers Corporation and renamed Hansen Natural Company. In 1998, the company moved from Anaheim, California to Corona, California. On January 5, 2012, shareholders agreed to change the name of the company from Hansen's Natural to Monster Beverage Corporation, under the new ticker MNST. Shareholders also approved an increase in the number of authorized shares of common stock to 240,000,000 shares from 120,000,000 shares.

In April 2008, the U.S. Food and Drug Administration ruled products containing high-fructose corn syrup could not be labeled "natural". Shortly after, Hansen's Natural Corporation announced they had begun using cane sugar instead.

In September 2009, Hansen brand Monster Energy sent a cease and desist letter to Rock Art Brewery, demanding the microbrewery stop selling its new Vermonster beer, drop its pursuit of a federal trademark for the name, and pay Hansen's lawyer fees. This resulted in a boycott of all Hansen products by a few Vermont retailers.

In June 2015 Coca-Cola North America took ownership of Hansen’s juice products and sodas, Hubert’s Lemonade, Blue Sky sodas, Peace Tea and other non-energy drink brands.

Natural Soda comes in twelve flavors: Original Cola, Ginger Ale, Key Lime Twist, Cherry Vanilla Creme, Grapefruit, Kiwi Strawberry, Vanilla Cola, Mandarin Lime, Creamy Root Beer, Raspberry, Mango Orange, and Pomegranate. All Hansen's sodas are made with cane sugar.

Energy drinks include Hansen's Natural Energy Pro and Hansen's Energy Diet Red. The Monster Energy brand includes beverages such as Java Monster, Monster Rehab, and Muscle Monster.

Their Diet Soda is available in ten flavors: Cola, Black Cherry, Peach, Kiwi Strawberry, Vanilla Cherry Créme,Tangerine Lime, Ginger Ale, Root Beer, Grapefruit, and Pomegranate. Hansen's diet soda is sweetened with acesulfame potassium and sucralose. All diet sodas are OU Kosher certified.

Monster Beverage sells three flavors of soda mixer: Tonic, Ginger Ale, and Club Soda.

The company sells thirteen fruit juices in 64-ounce PET bottles, several of which are available in smaller bottles for kids. These include Apple, Grape, White Grape, Pineapple, Apple Grape, Apple Strawberry, Orange, Cranberry Apple, Ruby Red Grapefruit, Pomegranate, Organic Apple White Grape, Organic Apple Wild Berry and Organic Apple. Hansen's Natural Organic Apple Juice is made solely from concentrates the company obtains from China. Hansen's uses concentrates from China in other varieties of its juices, despite the availability of such juice concentrates made from fruit grown and processed in the United States, which grows an abundance of apples, as well as many of the other fruits used in Hansen's juice products. These juices contain 120% of the United States Recommended Daily Allowances (USRDA) for Vitamin C (except Pomegranate, which contains 100%).

In 2009, Monster Beverage introduced Hansen's Natural Lo-Cal 64-ounce juice cocktails, in four flavors. They are sweetened with Truvia.

Hansen's fruit juice smoothies contain approximately 25% juice and provide 100% of the recommended daily adult intake of Vitamins A, C, and E. They are packaged in 11.5-ounce aluminum cans.

Hansen's Juice Blast line of children's juice drinks was launched in conjunction with Costco and sold in Costco stores. Hansen also has a Juice Slam line of children's juice drinks. Both lines are sold in 6.75-ounce boxes.

In May 2001, Hansen's acquired the Junior Juice beverage business. Hansen's Junior Juice is 100% juice, sold in 4.23-ounce cartons and targeted at toddlers and preschoolers. Certain flavors of Junior Juice have calcium added and all flavors contain 100% of the daily recommended allowance of Vitamin C. The brand was introduced in 1991 by McCain Foods, and sold to the Pasco Beverage Group in 2000 before being sold again, to Hansen's. Hansen's replaced the original four mascots, Uncle Froggy, Emily the Mouse, Ronald Rabbit, and Nick the Fox, with Clifford the Big Red Dog.

In July 2008, Hansen's introduced Hansen's Organic Junior Water, in 4.23-ounce packages aimed at children between two and six years old. The Hansen's Organic Junior Water line of flavored water contains 100% of the daily recommended allowance of Vitamin C and thirty calories per serving. Also in 2008, organic Junior Water was introduced. Hansen's later introduced Coconut Water Twist, containing coconut water, and Garden Twist, a combination of fruits and vegetables, which is the only Junior Juice variant to be sold in bottles.

Smoothies, Rumba Energy Juice, Energade, and Energy Formula, are minor products. Monster owns Blue Sky Beverage Company, which manufactures several soft drinks. Monster produces the Monster, Lost, and Rumba energy drinks, which were previously distributed in the United States by Anheuser Busch. On November 10, 2008, distribution of the Monster Energy and Monster Java products was turned over to Coca-Cola Enterprises.

In August 2009, Hansen's introduced the SELF Beauty Elixir line, a low-calorie beverage containing vitamins, minerals, natural fruit & botanical extracts, antioxidants and 30% fruit juice. The beverage contains 35 calories and a low amount of sodium per 8-ounce aluminum can.

Hansen's Signature Soda line included Black Cherry, Vanilla Cream, Orange Cream, Ginger Beer, and Sarsaparilla flavors.

Hansen's Natural and Diet Soda flavors included: Black Cherry, Tangerine, Tropical, Orange Mango, Peach Mango, Peach, Cherry, Cranberry, Clear Root Beer, Vanilla Coffee, Low Cal Wildberry, Low Cal Cola, and Low Cal Creamy Cola.

In 2006, Hansen's introduced a line of iced teas in 16-ounce PET bottles. Some varieties were sweetened with cane sugar and some were unsweetened. Flavors included Lemon Mint, Pomegranate, Ginger, and Tangerine. There were also three flavors of diet green tea soda: Lemon Mint, Ginger and Tangerine. Each bottle of tea contained 75 mg of Epigallocatechin gallate. Hansen's also made tea bags.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-02 Future report Set alerts
Q2 2022 2022-08-04 0.51 0.51
Q1 2022 2022-05-05 0.55 0.55
Q4 2021 2022-02-24 0.60 0.60
Q3 2021 2021-11-04 0.63 0.63
Q2 2021 2021-08-05 0.75 0.75
Q1 2021 2021-05-06 0.59 0.59
Q4 2020 2021-02-25 0.62 0.62
Q3 2020 2020-11-05 0.65 0.65
Q2 2020 2020-08-04 0.59 0.59

Ratings

2016-06-29 Reiterated Rating Goldman Sachs Buy $173.00 to $172.00
2016-06-29 Reiterated Rating Goldman Sachs Group Inc. Buy $173.00 to $172.00
2016-06-27 Reiterated Rating Wells Fargo Buy
2016-06-27 Reiterated Rating Wells Fargo & Co. Buy
2016-06-17 Reiterated Rating Credit Agricole Buy $175.00 to $185.00
2016-06-17 Reiterated Rating Credit Agricole SA Buy $175.00 to $185.00
2016-06-15 Reiterated Rating BMO Capital Markets Buy $160.00
2016-06-15 Reiterated Rating Susquehanna Hold $132.00
2016-06-15 Reiterated Rating Wells Fargo Buy
2016-06-15 Reiterated Rating Stifel Nicolaus Buy $165.00
2016-06-09 Reiterated Rating Goldman Sachs Buy $173.00
2016-05-23 Reiterated Rating Stifel Nicolaus Buy $165.00
2016-05-17 Reiterated Rating Credit Agricole Buy
2016-04-29 Reiterated Rating Susquehanna Hold $132.00
2016-04-26 Reiterated Rating RBC Capital Buy
2016-04-26 Reiterated Rating Goldman Sachs Buy $160.00
2016-04-26 Reiterated Rating Royal Bank Of Canada Buy
2016-04-15 Reiterated Rating Bank of America Neutral
2016-04-15 Reiterated Rating Bank of America Corp. Neutral
2016-03-22 Initiated Coverage Bank of America Neutral $144.00
2016-03-16 Upgrade Goldman Sachs Buy to Conviction-Buy $157.00 to $160.00
2016-02-26 Reiterated Rating Stifel Nicolaus Buy $170.00 to $160.00
2016-02-26 Reiterated Rating Susquehanna Hold $117.00
2016-02-26 Lower Price Target SunTrust Neutral $155.00 to $130.00
2016-02-26 Lower Price Target Cowen and Company Outperform $170.00 to $165.00
2016-02-26 Lower Price Target SunTrust Banks Inc. Neutral $155.00 to $130.00
2016-02-13 Reiterated Rating Susquehanna Neutral $151.00 to $131.00
2016-02-01 Upgrade Wells Fargo Market Perform to Outperform
2016-01-31 Reiterated Rating Stifel Nicolaus Buy $170.00
2016-01-13 Reiterated Rating Stifel Nicolaus Buy $170.00
2016-01-13 Reiterated Rating Evercore ISI Buy $165.00
2016-01-12 Reiterated Rating Susquehanna Neutral $151.00
2015-11-13 Boost Price Target Susquehanna Neutral $117.00 to $151.00
2015-11-10 Boost Price Target Argus Buy $164.00 to $170.00
2015-11-10 Reiterated Rating Cowen and Company Outperform $167.00 to $168.00
2015-11-08 Reiterated Rating Wells Fargo Hold
2015-11-06 Boost Price Target SunTrust Neutral $155.00
2015-11-06 Boost Price Target Jefferies Group Hold $136.00 to $140.00
2015-11-06 Boost Price Target CLSA Outperform $152.00 to $160.00
2015-11-06 Boost Price Target Credit Agricole Outperform $152.00 to $160.00
2015-11-02 Lower Price Target Susquehanna Neutral $122.00 to $117.00
2015-10-27 Boost Price Target JPMorgan Chase & Co. Overweight $150.00 to $165.00
2015-10-20 Reiterated Rating Evercore ISI Buy
2015-10-15 Lower Price Target Stifel Nicolaus Buy $170.00 to $165.00
2015-10-14 Boost Price Target Jefferies Group Hold $136.00
2015-09-29 Reiterated Rating Susquehanna Neutral $122.00
2015-09-24 Upgrade Goldman Sachs Neutral to Buy $160.00 to $165.00
2015-09-14 Lower Price Target Cowen and Company Outperform $171.00 to $167.00
2015-08-13 Upgrade Morgan Stanley Equal Weight to Overweight $160.00
2015-08-10 Reiterated Rating BMO Capital Markets Buy $160.00 to $165.00
2015-08-10 Boost Price Target Cowen and Company Outperform $167.00 to $171.00
2015-08-07 Boost Price Target Citigroup Inc. Buy $155.00 to $170.00
2015-08-07 Reiterated Rating SunTrust Neutral $130.00 to $145.00
2015-08-07 Boost Price Target Jefferies Group Hold $125.00 to $133.00
2015-08-07 Reiterated Rating RBC Capital Outperform $152.00 to $166.00
2015-08-03 Reiterated Rating Stifel Nicolaus Buy $165.00 to $170.00
2015-07-20 Initiated Coverage Sterne Agee CRT Buy $160.00
2015-06-26 Boost Price Target Cowen and Company Outperform $166.00 to $167.00
2015-06-17 Reiterated Rating Citigroup Inc. Buy $155.00
2015-05-12 Lower Price Target Susquehanna Neutral $127.00 to $121.00
2015-05-11 Upgrade Citigroup Inc. Neutral to Buy $141.00 to $155.00
2015-05-08 Downgrade BMO Capital Markets Buy $150.00
2015-05-08 Downgrade Stifel Nicolaus Buy $165.00
2015-05-08 Lower Price Target RBC Capital Outperform $154.00 to $152.00
2015-05-08 Lower Price Target Jefferies Group Hold $132.00 to $125.00
2015-05-08 Downgrade Goldman Sachs Conviction-Buy to Neutral $150.00
2015-04-14 Reiterated Rating BTIG Research Buy $165.00
2015-04-13 Initiated Coverage Susquehanna Neutral $127.00
2015-03-11 Boost Price Target BTIG Research Buy $165.00
2015-03-05 Boost Price Target Citigroup Inc. Neutral $135.00 to $141.00
2015-03-02 Boost Price Target Cowen and Company $130.00 to $163.00
2015-03-02 Boost Price Target Credit Suisse $115.00 to $150.00
2015-03-02 Boost Price Target Credit Suisse Group AG $115.00 to $150.00
2015-02-27 Boost Price Target Stifel Nicolaus Buy $130.00 to $165.00
2015-02-27 Reiterated Rating Jefferies Group Hold $120.00 to $132.00
2015-02-27 Reiterated Rating Citigroup Inc. Hold $115.00 to $135.00
2015-02-27 Reiterated Rating BTIG Research Buy $130.00
2015-02-27 Boost Price Target BMO Capital Markets $120.00 to $140.00
2015-02-27 Boost Price Target JPMorgan Chase & Co. Overweight $120.00 to $150.00
2015-01-26 Reiterated Rating Jefferies Group Hold $115.00 to $120.00
2015-01-18 Reiterated Rating BTIG Research Buy $130.00
2015-01-14 Upgrade Cowen and Company Market Perform to Outperform $106.00 to $130.00
2015-01-13 Boost Price Target Stifel Nicolaus Buy $115.00 to $130.00
2015-01-13 Downgrade Wells Fargo & Co. Outperform to Market Perform $111.00 to $110.00
2015-01-13 Downgrade Wells Fargo Outperform to Market Perform $111.00 to $110.00
2015-01-06 Initiated Coverage Argus Buy $145.00
2014-12-16 Upgrade Credit Agricole Outperform to Buy
2014-12-01 Downgrade RBC Capital Top Pick to Outperform $115.00 to $121.00
2014-11-24 Initiated Coverage Longbow Research Neutral
2014-11-07 Reiterated Rating Credit Suisse Outperform $98.00 to $115.00
2014-11-07 Reiterated Rating Stifel Nicolaus Buy $110.00 to $115.00
2014-10-15 Upgrade Goldman Sachs Buy to Conviction-Buy
2014-09-22 Initiated Coverage Evercore ISI Buy $110.00
2014-09-22 Boost Price Target Stifel Nicolaus Buy $94.00 to $110.00
2014-09-15 Initiated Coverage Cowen and Company Market Perform $94.00
2014-08-19 Boost Price Target Goldman Sachs Buy $87.00 to $125.00
2014-08-19 Downgrade SunTrust Buy to Neutral $80.00 to $90.00
2014-08-18 Reiterated Rating S&P Equity Research Average to Buy
2014-08-18 Reiterated Rating Citigroup Inc. Neutral $71.00 to $93.00
2014-08-18 Downgrade Credit Suisse Buy to Hold $82.00 to $98.00
2014-08-18 Downgrade Jefferies Group Buy to Hold $80.00 to $95.00
2014-08-15 Boost Price Target BMO Capital Markets Outperform $95.00
2014-08-15 Reiterated Rating Credit Suisse Outperform $82.00 to $98.00
2014-08-15 Boost Price Target Stifel Nicolaus Buy $75.00 to $94.00
2014-08-15 Upgrade Credit Agricole Underperform to Outperform
2014-08-08 Boost Price Target JPMorgan Chase & Co. $74.00 to $80.00
2014-08-08 Boost Price Target RBC Capital Top Pick $81.00 to $84.00
2014-08-08 Upgrade Longbow Research Underperform to Neutral $57.00
2014-08-06 Downgrade Credit Agricole Outperform to Underperform $86.00 to $70.00
2014-08-04 Reiterated Rating Goldman Sachs Buy
2014-07-28 Downgrade UBS Buy to Neutral $80 to $73
2014-07-21 Downgrade Morgan Stanley Overweight to Equal Weight
2014-07-16 Lower Price Target Stifel Nicolaus Overweight to Buy $78.00 to $75.00
2014-06-19 Initiated Coverage Wells Fargo & Co. Outperform
2014-06-19 Initiated Coverage Wells Fargo Outperform
2014-06-18 Initiated Coverage BTIG Research Buy $90.00
2014-06-09 Initiated Coverage Jefferies Group Buy $82.00
2014-06-04 Initiated Coverage Credit Suisse Outperform $82.00
2014-06-03 Reiterated Rating Goldman Sachs Buy
2014-05-09 Reiterated Rating Morgan Stanley Overweight $85.00 to $82.00
2014-05-09 Lower Price Target Stifel Nicolaus Buy $80.00 to $78.00
2014-03-03 Reiterated Rating Morgan Stanley Overweight $78.00 to $85.00
2014-02-28 Boost Price Target RBC Capital Top Pick $77.00 to $81.00
2014-02-27 Boost Price Target Stifel Nicolaus $75.00 to $80.00
2014-02-25 Downgrade Longbow Research Neutral to Underperform $57.00
2014-01-07 Boost Price Target Stifel Nicolaus Buy to Buy $68.00 to $75.00
2014-01-03 Boost Price Target Goldman Sachs Buy $70.00 to $79.00
2013-12-16 Upgrade RBC Capital Outperform to Top Pick $77.00
2013-12-02 Upgrade JPMorgan Chase & Co. Neutral to Overweight $70.00 to $74.00
2013-11-25 Initiated Coverage RBC Capital Outperform $77.00
2013-05-09 Reiterated Stifel Buy $65 to $62
2013-05-09 Downgrade Gabelli & Co Buy to Hold
2012-12-11 Upgrade Stifel Nicolaus Hold to Buy $65
2012-10-10 Downgrade Stifel Nicolaus Buy to Hold
2012-05-10 Reiterated Stifel Nicolaus Buy $64 to $80
2016-06-29 Reiterated Rating Goldman Sachs Buy $173.00 to $172.00
2016-06-29 Reiterated Rating Goldman Sachs Group Inc. Buy $173.00 to $172.00
2016-06-27 Reiterated Rating Wells Fargo Buy
2016-06-27 Reiterated Rating Wells Fargo & Co. Buy
2016-06-17 Reiterated Rating Credit Agricole Buy $175.00 to $185.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
SCHLOSBERG HILTON H Vice Chairman and President 0.65%  (1089858) MNST /
SACKS RODNEY C Chairman and CEO 0.64%  (1073476) MNST /
HALL MARK J President-Monster Beverage Div 0.05%  (75808) MNST /
TABER HAROLD C JR 0.04%  (68238) MNST /
VIDERGAUZ MARK 0.04%  (67617) MNST /
Selati Sydney 0.03%  (42000) MNST /
POLK BENJAMIN 0.02%  (27045) ARX / MNST /
EPSTEIN NORMAN 0.01%  (14280) MNST /
KELLY THOMAS J Senior VP - Monster Energy Co. 0.01%  (9651) MNST /