What is Roth Capital’s Estimate for MNST FY2027 Earnings?

Monster Beverage Co. (NASDAQ:MNST) – Equities research analysts at Roth Capital issued their FY2027 earnings estimates for Monster Beverage in a research note issued on Tuesday, March 11th. Roth Capital analyst S. Mcgowan forecasts that the company will earn $2.36 per share for the year. The consensus estimate for Monster Beverage’s current full-year earnings is $1.62 per share.

MNST has been the topic of several other reports. UBS Group lifted their target price on shares of Monster Beverage from $53.00 to $57.00 and gave the stock a “neutral” rating in a research report on Monday, March 3rd. Royal Bank of Canada reissued an “outperform” rating and issued a $59.00 price target on shares of Monster Beverage in a report on Wednesday, January 22nd. BNP Paribas lowered their price objective on Monster Beverage from $46.00 to $45.00 and set an “underperform” rating on the stock in a research note on Thursday, December 19th. Deutsche Bank Aktiengesellschaft boosted their price objective on Monster Beverage from $60.00 to $61.00 and gave the company a “buy” rating in a research note on Friday, February 28th. Finally, JPMorgan Chase & Co. boosted their price objective on Monster Beverage from $51.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, February 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $55.83.

Monster Beverage Trading Down 1.0 %

MNST opened at $55.23 on Wednesday. The company’s 50 day moving average is $50.67 and its 200-day moving average is $51.63. Monster Beverage has a 1-year low of $43.32 and a 1-year high of $61.22. The company has a current ratio of 3.13, a quick ratio of 2.51 and a debt-to-equity ratio of 0.13. The company has a market cap of $53.75 billion, a P/E ratio of 35.40, a PEG ratio of 2.28 and a beta of 0.71.

Monster Beverage (NASDAQ:MNST) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.02). The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.80 billion. Monster Beverage had a return on equity of 23.31% and a net margin of 21.66%.

Insider Buying and Selling

In other Monster Beverage news, CFO Thomas J. Kelly sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $52.65, for a total value of $526,500.00. Following the completion of the sale, the chief financial officer now owns 74,924 shares of the company’s stock, valued at $3,944,748.60. This represents a 11.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Emelie Tirre sold 91,316 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $55.38, for a total value of $5,057,080.08. Following the completion of the sale, the insider now directly owns 76,201 shares of the company’s stock, valued at approximately $4,220,011.38. This represents a 54.51 % decrease in their position. The disclosure for this sale can be found here. 7.80% of the stock is owned by company insiders.

Institutional Trading of Monster Beverage

Institutional investors have recently made changes to their positions in the stock. Sustainable Insight Capital Management LLC purchased a new stake in shares of Monster Beverage during the fourth quarter valued at approximately $1,214,000. Van ECK Associates Corp boosted its stake in shares of Monster Beverage by 5.3% during the fourth quarter. Van ECK Associates Corp now owns 154,125 shares of the company’s stock valued at $8,101,000 after purchasing an additional 7,780 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in shares of Monster Beverage by 6.6% during the third quarter. Nomura Asset Management Co. Ltd. now owns 251,570 shares of the company’s stock valued at $13,124,000 after purchasing an additional 15,611 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of Monster Beverage by 6.7% during the third quarter. Daiwa Securities Group Inc. now owns 151,364 shares of the company’s stock valued at $7,897,000 after purchasing an additional 9,496 shares during the period. Finally, Miracle Mile Advisors LLC purchased a new stake in shares of Monster Beverage during the fourth quarter valued at approximately $7,090,000. Hedge funds and other institutional investors own 72.36% of the company’s stock.

Monster Beverage Company Profile

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other.