Company Monster Beverage Corporation

Equities

MNST

US61174X1090

Non-Alcoholic Beverages

Market Closed - Nasdaq 04:30:00 2024-03-28 pm EDT 5-day change 1st Jan Change
59.28 USD +0.14% Intraday chart for Monster Beverage Corporation -1.43% +2.90%

Business Summary

Monster Beverage Corporation specializes in the development and marketing of beverages. Net sales break down by product family as follows:

- energy drinks (98%): primarily carbonated and non-carbonated energy drinks (Monster Energy®, Monster Energy Ultra®, Monster Rehab®, Monster Energy® Nitro, Java Monster®, Punch Monster®, Juice Monster®, Monster Hydro®, Monster Super Fuel®, Monster Dragon Tea®, Reign Total Body Fuel®, Reign Inferno®, Reign Storm®, True North®, NOS®, Full Throttle®, Burn®, Mother®, Nalu®, Ultra Energy®, Play®, Power Play®, Relentless®, BPM®, BU®, Gladiator®, Samurai®, Live+®, Predator®, Fury®, etc. brands);

- alcoholic beverages (1.6%): primarily beers, hard seltzers and flavored malt beverages (Cigar City®, Oskar Blues®, Deep Ellum®, Squatters®, Wild Basin®, Wasatch®, Perrin®, The Beast Unleashed®, etc. brands);

- other (0.4%).

Products are made and bottled by sub-contractors.

Net sales are distributed geographically as follows: the United States and Canada (65.2%), Europe/Middle East/Africa (19.5%), Latin America and Caribbean (8.1%) and Asia/Pacific (7.2%).

Number of employees: 5,629

Sales per Business

USD in Million2022Weight2023Weight Delta
Monster Energy Drinks
91.8 %
5,833 92.4 % 6,555 91.8 % +12.38%
Strategic Brands
5.3 %
353 5.6 % 377 5.3 % +6.53%
Alcohol Brands
2.6 %
101 1.6 % 185 2.6 % +82.29%
Other
0.3 %
23 0.4 % 23 0.3 % +2.40%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
62.0 %
3,951 62.6 % 4,430 62.0 % +12.12%
Non-United States
38.0 %
2,360 37.4 % 2,710 38.0 % +14.83%

Managers

Managers TitleAgeSince
Chief Executive Officer 71 90-10-31
Chief Executive Officer 74 90-10-31
Director of Finance/CFO 70 -
Director/Board Member 68 13-12-31
Corporate Officer/Principal 47 18-06-30
Corporate Officer/Principal 54 18-07-18

Members of the board

Members of the board TitleAgeSince
Director/Board Member 61 20-10-31
Director/Board Member 70 15-05-31
Director/Board Member 68 13-12-31
Director/Board Member 72 19-06-05
Chief Executive Officer 74 90-10-31
Chief Executive Officer 71 90-10-31
Director/Board Member 70 98-05-31
Director/Board Member 63 21-12-30
Director/Board Member 68 19-06-05
Director/Board Member 45 21-09-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,121,657,235 755,707,641 ( 67.37 %) 81,021,000 ( 7.223 %) 67.37 %

Shareholders

NameEquities%Valuation
204,243,204 19.63 % 12 071 M $
Vanguard Fiduciary Trust Co.
6.121 %
63,682,310 6.121 % 3 764 M $
Brandon L.P., No. 2
5.649 %
58,773,888 5.649 % 3 474 M $
AllianceBernstein LP
4.335 %
45,104,686 4.335 % 2 666 M $
BlackRock Advisors LLC
3.871 %
40,279,921 3.871 % 2 381 M $
Fidelity Management & Research Co. LLC
3.577 %
37,218,827 3.577 % 2 200 M $
33,490,666 3.219 % 1 979 M $
Loomis, Sayles & Co. LP
2.497 %
25,983,768 2.497 % 1 536 M $
Capital Research & Management Co. (World Investors)
2.022 %
21,039,141 2.022 % 1 243 M $
JPMorgan Investment Management, Inc.
1.895 %
19,714,615 1.895 % 1 165 M $
NameEquities%Valuation
Western Asset Management Company DTVM Ltda.
0.0694 %
721,674 0.0694 % 5 M $
Caixa DTVM SA
0.0128 %
133,272 0.0128 % 981 170 $
Safra Asset Management Ltda.
0.0126 %
131,000 0.0126 % 964 443 $

Company contact information

Monster Beverage Corp.

1 Monster Way

92879-7113, Corona

+951 739 6200

http://www.monsterbevcorp.com
address Monster Beverage Corporation(MNST)

Group companies

NameCategory and Sector
Beverages: Non-Alcoholic
Food: Meat/Fish/Dairy
Real Estate Development

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
26
Last Close Price
59.28 USD
Average target price
63.9 USD
Spread / Average Target
+7.79%
Consensus