Monster Beverage Corp. Shares Slump 0.15% as Stock Market Takes a Dip
June 24, 2023
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Monster Beverage ($NASDAQ:MNST) Corp., the maker of popular energy drinks, saw its stocks take a slight dip of 0.15% on Tuesday to $58.36. Monster Beverage Corp. is also known for its involvement in various sports sponsorships and events such as the Monster Energy NASCAR Cup Series and the Monster Jam monster truck circuit.
Analysis
At GoodWhale, we have conducted a detailed analysis of MONSTER BEVERAGE. The Star Chart shows that MONSTER BEVERAGE is strong in terms of asset, growth, and profitability, and weak in dividend. We classify MONSTER BEVERAGE as a ‘rhino’, which indicates that it has achieved moderate revenue or earnings growth. This type of company may appeal to investors who are interested in long-term capital gains rather than short-term dividend payments. Additionally, MONSTER BEVERAGE has an impressive Cash Flow Health Score of 10/10, which means it is very capable of paying off debts and funding future operations. Therefore, investors may see MONSTER BEVERAGE as a safe bet with the potential for great returns in the future. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Monster Beverage. More…
| Total Revenues | Net Income | Net Margin |
| 6.49k | 1.29k | 19.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Monster Beverage. More…
| Operations | Investing | Financing |
| 887.7 | -161.37 | -706.94 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Monster Beverage. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.84k | 1.45k | 7.07 |
Key Ratios Snapshot
Some of the financial key ratios for Monster Beverage are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.6% | 4.7% | 25.7% |
| FCF Margin | ROE | ROA |
| 10.4% | 14.5% | 11.8% |
Peers
The company’s primary competitors include EQ Labs Inc, GURU Organic Energy Corp and FBEC Worldwide Inc.
– EQ Labs Inc ($OTCPK:EQLB)
GURU Organic Energy Corp is a Canadian company that produces and sells organic energy products. The company has a market cap of 109.93 million as of 2022 and a return on equity of -19.55%. The company’s products include energy bars, energy drinks, and protein powders.
– GURU Organic Energy Corp ($TSX:GURU)
Founded in 1971, FBEC Worldwide Inc is a holding company that owns and operates businesses in the food and beverage industry. The company’s portfolio includes brands such as Fatburger, Buffalo’s Cafe, and Hurricane Grill & Wings. FBEC Worldwide Inc has a market cap of 358.24k as of 2022 and a Return on Equity of -4.07%. The company’s main focus is on franchising, licensing, and managing restaurant chains.
Summary
Investors in Monster Beverage Corp. were disappointed on Tuesday as the stock price fell 0.15%. This was despite the wider stock market being down, showing the stock was underperforming its peers. The trading volume was high, indicating investors had mixed sentiment.
Analysts are now paying close attention to see if the price holds around the current level, or whether further falls can be expected in the near future. In any case, it is a good time to review the long-term investment strategies surrounding Monster Beverage’s stock.
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