Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries develop and market energy drinks, including Monster Energy® energy drinks, Monster Energy Ultra® energy drinks, Monster MAXX® maximum strength energy drinks, Java Monster® non-carbonated coffee + energy drinks, Espresso Monster® non-carbonated espresso + energy drinks, Monster Rehab® non-carbonated tea + energy drinks, Muscle Monster® non-carbonated energy shakes, Monster Hydro® non-carbonated refreshment + energy drinks, Monster HydroSport Super Fuel® non-carbonated advanced hydration + energy drinks, Monster Dragon Tea® non-carbonated energy teas, Reign Total Body Fuel® high performance energy drinks, Reign Inferno® thermogenic fuel high performance energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Burn® energy drinks, Samurai® energy drinks, Relentless® energy drinks, Mother® energy drinks, Play® and Power Play® (stylized) energy drinks, BU® energy drinks, Nalu® energy drinks, BPM® energy drinks, Gladiator® energy drinks, Ultra Energy® energy drinks, Live+® energy drinks, Predator® energy drinks and Fury® energy drinks.
Company profile
Ticker
MNST
Exchange
Website
CEO
Rodney Sacks
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
HANSEN NATURAL CORP
SEC CIK
Corporate docs
Subsidiaries
75-6099 Kuakini Highway, LLC • American Fruits and Flavors Ireland Limited • American Fruits and Flavors San Fernando, LLC • American Fruits and Flavors, LLC • Energy Beverages Australia Pty Ltd • Energy Beverages Europe Limited • Energy Beverages LLC • Energy Beverages Rus LLC • Energy Beverages UK Limited • Fastest, LLC ...
IRS number
391679918
MNST stock data
News
Pepsi Cozied Up To Celsius: What's Next For Coca-Cola/Monster? Access To Alcohol Via The Backdoor?
8 Aug 22
Warner Bros. Discovery, Twilio, Monster Beverage And Some Other Big Stocks Moving Lower On Friday
5 Aug 22
UBS Maintains Neutral on Monster Beverage, Raises Price Target to $99
5 Aug 22
Monster Beverage Misses Q2 Profit Estimates As Inflation Hits Bottomline
4 Aug 22
Monster Beverage: Q2 Earnings Insights
4 Aug 22
Press releases
Monster Beverage Reports 2022 Second Quarter Financial Results
4 Aug 22
Monster Beverage to Report Financial Results for 2022 Second Quarter on August 4, 2022
29 Jul 22
Thinking about trading options or stock in Micron Technology, Citigroup, Monster Beverage, Dollar General, or Costco?
15 Jul 22
Thinking about trading options or stock in Dollar Tree, Monster Beverage, Wayfair, Roku, or Lululemon Athletica?
6 Jul 22
Monster Beverage Board Authorizes New $500.0 Million Share Repurchase Program
14 Jun 22
Analyst ratings and price targets
Current price
Average target
$105.17
Low target
$95.00
High target
$117.00
UBS
Maintains
$99.00
Wells Fargo
Maintains
$110.00
Roth Capital
Initiated
$100.00
BMO Capital
Maintains
$95.00
Morgan Stanley
Maintains
$117.00
Bernstein
Upgraded
$110.00
Calendar
5 Aug 22
12 Aug 22
31 Dec 22
Financial summary
| Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.13B | 1.13B | 1.13B | 1.13B | 1.13B | 1.13B |
| Cash burn (monthly) | (no burn) | 37.68M | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 54.58M | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 1.08B | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 28.6 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Jul 22 | Tiffany M. Hall | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 97.48 | 109 | 10.63K | 239 |
| 8 Jul 22 | Ana Demel | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 97.48 | 218 | 21.25K | 420 |
| 8 Jul 22 | Jackson Jeanne P | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 97.48 | 237 | 23.1K | 9,260 |
| 8 Jul 22 | Fayard Gary P | Deferred Stock Units Common Stock | Grant | Acquire A | No | No | 97.48 | 263 | 25.64K | 18,391 |
| 14 Jun 22 | Ana Demel | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,987 | 0 | 1,987 |
Institutional ownership, Q1 2022
88.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 725 |
| Opened positions | 83 |
| Closed positions | 103 |
| Increased positions | 278 |
| Reduced positions | 258 |
| 13F shares | Current |
|---|---|
| Total value | 34.35B |
| Total shares | 464.91M |
| Total puts | 1.17M |
| Total calls | 3.93M |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| KO Coca-Cola | 102.12M | $5.99B |
| Vanguard | 30.01M | $2.4B |
| Brandon Limited Partnership No.1 | 29.39M | $1.74B |
| FMR | 25.84M | $2.06B |
| BLK Blackrock | 24.39M | $1.95B |
| Loomis Sayles & Co L P | 18.91M | $1.51B |
| STT State Street | 17.03M | $1.36B |
| Alliancebernstein | 14.35M | $1.15B |
| Clearbridge Advisors | 10.07M | $804.75M |
| Nuveen Asset Management | 9.49M | $749.59M |
Financial report summary
?Management Discussion
- This section of the Annual Report on Form 10-K generally discusses 2021 and 2020 items and year-to-year comparisons between 2021 and 2020. A detailed discussion of 2019 items and year-to-year comparisons between 2020 and 2019 that are not included in this Annual Report on Form 10-K can be found in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II, Item 7 of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020.
- ¹Includes $41.5 million, $42.1 million and $46.3 million for the years ended December 31, 2021, 2020 and 2019, respectively, related to the recognition of deferred revenue.
- *Gross profit may not be comparable to that of other entities since some entities include all costs associated with their distribution process in cost of sales, whereas others exclude certain costs and instead include such costs within another line item such as operating expenses. We include out-bound freight and warehouse costs in operating expenses rather than in cost of sales.
Content analysis
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H.S. junior Avg
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Financial reports
Current reports
8-K
Results of Operations and Financial Condition
4 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
15 Jun 22
8-K
Results of Operations and Financial Condition
4 May 22
8-K
Departure of Directors or Certain Officers
25 Apr 22
8-K
Results of Operations and Financial Condition
24 Feb 22
8-K
Regulation FD Disclosure
13 Jan 22
8-K
Departure of Directors or Certain Officers
3 Jan 22
8-K
Results of Operations and Financial Condition
4 Nov 21
8-K
Departure of Directors or Certain Officers
1 Oct 21
8-K
Results of Operations and Financial Condition
5 Aug 21
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Jun 20
S-8
Registration of securities for employees
4 Jun 20
S-8
Registration of securities for employees
20 Jun 17
S-8
Registration of securities for employees
26 Dec 16
SC TO-I/A
Issuer tender offer statement (amended)
14 Jun 16
SC TO-I/A
Issuer tender offer statement (amended)
8 Jun 16
SC TO-I
Issuer tender offer statement
9 May 16
SC TO-C
Information about tender offer
28 Apr 16
SC TO-C
Information about tender offer
28 Apr 16
15-12G
Securities registration termination
21 Jun 15
Proxies
PX14A6G
Letter to shareholders
8 May 22
DEFA14A
Additional proxy soliciting materials
27 Apr 22
PX14A6G
Letter to shareholders
7 May 21
DEFA14A
Additional proxy soliciting materials
28 Apr 21
DEFA14A
Additional proxy soliciting materials
21 Apr 20
DEFA14A
Additional proxy soliciting materials
22 Apr 19
DEF 14A
Definitive proxy
22 Apr 19
Other
UPLOAD
Letter from SEC
17 Jan 22
CORRESP
Correspondence with SEC
17 Nov 21
UPLOAD
Letter from SEC
19 Oct 21
CORRESP
Correspondence with SEC
4 Oct 21
UPLOAD
Letter from SEC
20 Sep 21
UPLOAD
Letter from SEC
20 Jan 21
CORRESP
Correspondence with SEC
12 Jan 21
CORRESP
Correspondence with SEC
17 Dec 20
UPLOAD
Letter from SEC
6 Dec 20
CORRESP
Correspondence with SEC
1 Oct 20
Ownership
4
Monster Beverage / GARY P FAYARD ownership change
12 Jul 22
4
Monster Beverage / JEANNE P JACKSON ownership change
12 Jul 22
4
Monster Beverage / Tiffany M. Hall ownership change
12 Jul 22
4
Monster Beverage / Ana Demel ownership change
12 Jul 22
4
Monster Beverage / MARK VIDERGAUZ ownership change
15 Jun 22
4
Monster Beverage / BENJAMIN POLK ownership change
15 Jun 22
4
Monster Beverage / Steven G Pizula ownership change
15 Jun 22
4
Monster Beverage / JEANNE P JACKSON ownership change
15 Jun 22
4
Monster Beverage / Tiffany M. Hall ownership change
15 Jun 22
4
Monster Beverage / GARY P FAYARD ownership change
15 Jun 22
Transcripts
2022 Q2
Earnings call transcript
5 Aug 22
2022 Q1
Earnings call transcript
6 May 22
2021 Q4
Earnings call transcript
25 Feb 22
2021 Q3
Earnings call transcript
5 Nov 21
2021 Q2
Earnings call transcript
6 Aug 21
2021 Q1
Earnings call transcript
7 May 21
2020 Q4
Earnings call transcript
26 Feb 21
2020 Q3
Earnings call transcript
6 Nov 20
2020 Q2
Earnings call transcript
4 Aug 20
2020 Q1
Earnings call transcript
7 May 20
Reddit threads
Stock Market is about to collapse in 47 days...!!!
10 Aug 22
Domino's (DPZ) has had consistent returns over the last 10 years.
9 Aug 22
Monster Beverage: A Great Business At A Not-So-Great Price
6 Aug 22
Daily Discussion Thread - August 3rd, 2022
3 Aug 22
Earnings for the first week of August 2022! Expect plenty of oil/gas, fertilizer, pharma, semiconductors, restaurants, and more!
31 Jul 22
Most anticipated earnings releases for the week beginning august 1, 2022
30 Jul 22
Daily Discussion Thread - July 25, 2022
25 Jul 22
What Are Your Moves Tomorrow, July 12, 2022
11 Jul 22
Daily Discussion Thread for July 11, 2022
11 Jul 22
I went to the casino but it was closed. They don’t operate on Saturdays?
9 Jul 22