Previous close | 53.54 |
Open | 53.83 |
Bid | 53.39 x 600 |
Ask | 53.46 x 200 |
Day's range | 53.22 - 53.87 |
52-week range | 47.13 - 61.23 |
Volume | |
Avg. volume | 5,286,496 |
Market cap | 55.618B |
Beta (5Y monthly) | 0.71 |
PE ratio (TTM) | 34.67 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Monster Beverage reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker's high-priced juices as well as easing freight costs. Demand for the company's energy drinks, including Monster Energy and Tour Water, held as inflation-weary customers stretched their budgets to spend on at-home meals and beverages. Last month, peer Keurig Dr Pepper and larger peer Coca-Cola also reported an upswing in consumer demand for their beverages.
Monster Beverage Corp Reports Solid First Quarter with Strategic Expansions and Enhanced Profit Margins
Monster Beverage (MNST) Q1 results are expected to reflect continued positive trends in the energy drinks category amid rising commodity costs and inflation.