Monster Beverage Corporation (NASDAQ:MNST) most recently reported quarterly actual earnings per share of $0.99 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $1.04. The difference between the estimate and the actual EPS was $-0.05 creating a surprise factor of -4.81%. Currently, the company has an impact score of 92. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $177.625 on the shares. The most bullish brokerage firm has a $191 target, while the most bearish sees the stock headed towards $158. This is according to the 8 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.85. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 8 recommendations taking into account in order to arrive at this number. Of the 8, 5 have a Strong Buy rating and 1 are rating it a Buy.
Monster Beverage Corporation is a holding company. The Company develops, markets, sells and distributes alternative beverage, such as non-carbonated ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks, and single-serve still water (flavored and unflavored) with beverages, including sodas that are considered natural, sparkling juices and flavored sparkling beverages. It has two reportable segments, namely Direct Store Delivery (DSD), whose principal products comprise energy drinks, and Warehouse (Warehouse), whose principal products comprise juice-based and soda beverages. The DSD segment develops, markets and sells products primarily through an exclusive distributor network. The Warehouse segment develops, markets and sells products directly to retailers.
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