Monster Beverage's (MNST, Financial) stock experienced a significant drop, down 5.02%, with the price reaching $53.15 per share. The trading volume was substantial at 5.076 million shares, and the stock showed a turnover rate of 0.52% with a price fluctuation of 4.17%.
According to the latest financial reports, Monster Beverage reported a revenue of $1.881 billion, net profit of $371 million, and earnings per share (EPS) of $0.38. The gross profit stood at $1 billion, with a price-to-earnings (P/E) ratio of 34.08.
In terms of institutional ratings, 54% of the 28 institutions recommend buying the stock, 39% suggest holding it, while 7% advise selling. The non-alcoholic beverages industry, where Monster Beverage operates, registered an overall decline of 2.48%.
Other stocks in the sector saw various movements, with Embotelladora Andina SA, Coca-Cola FEMSA, and The Vita Coco Company, Inc. experiencing gains. Companies like Safety Shot, Inc., Celsius Holdings, Inc., and Dr Pepper Snapple Group showed significant trading activity with turnover rates of 2.05%, 2.00%, and 0.56%, respectively. Notably, Safety Shot Inc C/Wts 30/10/2025 (To Pur Com), Safety Shot, Inc., and Zevia Pbc showed significant price fluctuations.
Monster Beverage is a leader in the energy drink segment within the non-alcoholic beverage market, generating two-thirds of its revenue in the U.S. and Canada. Its well-known brands include Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The company expanded into brewing and distributing beer and flavored malt beverages after acquiring a craft beer brewer in 2022. Monster manages brand innovation and control, while outsourcing manufacturing and packaging to co-packers, and distribution to bottlers in the global Coca-Cola network, under a long-term agreement signed in 2015. Coca-Cola is the largest shareholder of Monster, holding a 19.5% stake.
