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Monster Beverage Corp. (MNST)

  • Aug. 14, 2014, 5:35 PM
    • Top gainers, as of 5:15 p.m.: MNST +20.3%. BZH +10.2%. GCI +9.1%. NES +6.7%. ADSK +5.2%.
    • Top losers, as of 5:15 p.m.: OCUL -9.2%. CNAT -7.2%. PCTY -4.7%. EGY -4.1%. JWN -3.9%.
    | 1 Comment
  • Aug. 14, 2014, 4:51 PM
    • Coca-Cola (NYSE:KO) is acquiring a 16.7% stake in Monster Beverage (NASDAQ:MNST) as part of a strategic alliance. Coke will make a $2.15B net cash payment to Monster at the time of the deal's closing, which is expected in late 2014 or early 2015.
    • As part of the deal, Monster will transfer its non-energy businesses to Coke, and "enter into expanded distribution agreements." Monster will transfer its Hansens Natural Sodas, Peace Tea, Huberts Lemonade and Hansens Juice Products brands, among others.
    • At the same time, Coke will "transfer ownership of its worldwide energy business, including NOS, Full Throttle, Burn, Mother, Play and Power Play, and Relentless," to Monster.
    • Coke will have two directors on Monster's board. The partnership follows Coke's February deal with Keurig Green Mountain. Coke: "Our equity investment in Monster is a capital efficient way to bolster our participation in the fast-growing and attractive global energy drinks category."
    • Monster: "Our agreement enables us to focus on our core energy business, while leveraging the strength of The Coca-Cola Companys powerful distribution and bottling system on a worldwide scale."
    • MNST +25.6% AH.
  • Aug. 8, 2014, 12:36 PM
    • Research from Moody's indicates diet soda sales are in a protracted slump that could continue.
    • Diet and low-calorie soda sales fell 5% Y/Y in 2013 and the trend has persisted in 2014.
    • Bottled water and energy drinks will provide some of the lost volume as beverage companies adjust, according to Moody's.
    • Related stocks: PEP, KO, DPS, MNST.
  • Aug. 7, 2014, 4:19 PM
    • Monster Beverage (NASDAQ:MNST) held the line on operating expenses in Q2 to help give a boost to margins.
    • Operating income rate +300 bps to 31.4%.
    • Gross profit margin rate +190 bps to 55.2%.
    • Sales outside the U.S. +12.3% to $180.2M.
    • MNST +0.6% AH
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  • Aug. 7, 2014, 4:07 PM
    • Monster Beverage (NASDAQ:MNST): Q2 EPS of $0.81 beats by $0.06.
    • Revenue of $687.19M (+8.9% Y/Y) misses by $7.03M.
    • Press Release
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  • Aug. 6, 2014, 8:00 AM
    • Credit Agricole downgrades Monster Beverage (NASDAQ:MNST) to an Underperform rating on growth concerns.
    • The French investment bank sets a $70 price target on shares.
    • MNST -2.0% premarket
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  • Aug. 4, 2014, 8:40 AM
    • Goldman Sachs reiterates its Buy rating on Monster Beverage (NASDAQ:MNST).
    • The investment firm has a $85 price target on shares of the energy drink maker which factors in a bit of a takeover premium.
    • Monster is set to release Q2 numbers on August 7.
    | 1 Comment
  • Jul. 28, 2014, 11:14 AM
    • UBS downgrades Monster Beverage (MNST -3.4%) to a Neutral rating from Buy with concerns over recent revenue trends cropping up.
    • Recent reads on convenience store sales has the investment firm forecasting slower growth in the U.S.
    • Shares of Monster have dipped down to their lowest level in three months.
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  • Jul. 21, 2014, 12:33 PM
    • Monster Beverage (MNST -3.7%) is downgraded to Equal Weight from Overweight with a $75 price target, down from $82, at Morgan Stanley, which cites slowing U.S. trends and balanced valuation.
    • The firm anticipates reduced retail sales domestically in Q2, while brands such as Rehab, Lo-Carb and Absolute Zero have been underperforming in recent quarters.
    • Stanley also says the market has reduced MNST's value due to a large amount of regulatory concerns, margin expansion potential and operation improvement potential.
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  • Jun. 26, 2014, 10:03 AM
    • Monster Beverage (MNST -0.7%) is on watch after the Center for Science in the Public Interest asks the FDA to add safety warnings on energy drinks.
    • The consumer group says 34 people have died in the past 10 years after drinking beverages made by MNST and other companies, although no link between consuming the beverages and the fatalities has been proven.
    • CSPI also wants the FDA to lower the legally allotted amount of caffeine in energy drinks to 71 mg per 12 oz., the amount permissible in colas.
  • Jun. 19, 2014, 7:57 AM
    • Wells Fargo initiates coverage on Monster Beverage (MNST) with an Outperform rating.
    • The investment firm has a price target range of $79 to $81 on the energy drink stock.
    • BTIG is also bullish on Monster. The firm initiated coverage today with a Buy rating and $90 PT.
    • MNST +2.8% premarket to $73.35.
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  • Jun. 4, 2014, 7:05 AM
    • Credit Suisse initiates coverage on Monster Beverage (MNST) with an Outperform rating.
    • The investment firm has a $82 price target set on shares.
    • Monster is once again being given a takeover premium by the Street.
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  • Jun. 3, 2014, 10:19 AM
    • Shares of Monster Beverage (MNST -3.3%) track lower after the firm's annual meeting comes and goes without any major product or partnership announcements.
    • Execs indicated during the Q&A session that the company will stick to its strengths this year to protect its brand. The company doesn't want to "jump the shark" by extending too far.
    • Monster Beverage annual meeting webcast
    | 1 Comment
  • May 28, 2014, 8:28 AM
    • Politicians in Illinois voted down a proposal to add a penny-per-pound tax on sugar-enhanced drinks.
    • The tax would have added $2.88 to the cost of a case of soda.
    • Under the radar: The soda industry has received some backing from the Teamsters union in the national debate on the issue of taxing soda consumption.
    • Related stocks: KO, PEP, MNST, DPS.
  • May 22, 2014, 7:42 AM
    • The obesity rate in the U.S. has increased to 27.7% to mark the highest level since Gallup starting tracking height and weight in 2008.
    • The link between obesity and high healthcare costs has teed up the development as a political issue.
    • The group which takes the brunt of the criticism over obesity is the soft drink industry (KO, PEP, DPS, COT, MNST).
  • May 9, 2014, 10:41 AM
    • Goldman Sachs reiterates its Buy rating on Monster Beverage (MNST -1.3%)
    • The ability of the company to improve its gross margin rate by 140 bps in Q1 to 53.5% impressed.
    | Comment!
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Company Description
Monster BeverageCorp through its subsidiaries markets and distributes energy drinks.It offers energy drinks including Monster Energy, Java Monster, Monster Rehab, NOS, Full Throttle Mother, Power Play and Ultra energy drinks.