Monster Beverage Reports 2015 First Quarter Financial Results
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Go back to Monster Beverage Reports 2015 First Quarter Financial Results
May 11, 2015 7:36 AM EDT
Citi upgraded Monster Beverage (NASDAQ: MNST) from Neutral to Buy with a price target of $155.00.
For an analyst ratings summary and ratings history on Monster Beverage click here. For more ratings news on Monster Beverage click here.
Shares of Monster Beverage closed at $128.47 yesterday.
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May 8, 2015 6:43 AM EDT
(Updated - May 8, 2015 8:46 AM EDT)
Goldman Sachs downgraded Monster Beverage (NASDAQ: MNST) from Conviction Buy to Neutral with a price target of $150 (unchanged). Analyst Judy E. Hong thinks valuation reflects long-term growth and upside in the stock is limited given the stock's recent run.
"While we remain constructive on the long-term growth opportunity for MNST and... More
May 7, 2015 4:26 PM EDT
Monster Beverage (NASDAQ: MNST) reported Q1 EPS of $0.62, $0.06 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $628.8 million versus the consensus estimate of $601.2 million.
Gross sales for the 2015 first quarter were $710.2 million. Excluding acceleration of deferred revenue, gross sales for the 2015 first quarter increased by 9.2 percent to $670.4 million, as compared to $613.7 million in the same period last year. Net sales... More
