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Here's How Monster Beverage (MNST) is Placed for Q1 Earnings
By: Zacks Equity Research | May 3, 2021
Monster Beverage Corporation (MNST) is expected to report first-quarter 2021 results on May 6, after the closing bell. The beverage company is anticipated to have witnessed revenue and earnings growth in the to-be-reported quarter.
The Zacks Consensus Estimate for first-quarter earnings of 61 cents per share suggests a gain of 17.3% from 52 cents reported in the year-ago quarter. Moreover, the consensus mark has been unchanged in the past 30 days. The consensus mark for revenues is pegged at $1.22 billion, indicating growth of 14.7% from the figure reported in the year-ago quarter.
In the last reported quarter, the company delivered an earnings surprise of 5.1%. Moreover, it delivered an earnings surprise of 9.9%, on average, in the trailing four quarters.
Monster Beverage Corporation Price and EPS Surprise
Factors to Note
Monster Beverage has been benefiting from the continued strength in the energy drinks category, owing to increased health awareness amid the pandemic. This has led to a rise in demand for the company’s products, which are mainly skewed toward energy and health drinks. Gains from strong demand for energy drinks are expected to get reflected in the company’s first-quarter revenue results. Additionally, the top line is likely to have gained from the continued increase in at-home consumption trends, driven by a shift in consumer preferences for shopping channels and packaging options.
Also, the company is expected to have witnessed momentous growth in e-commerce, club store, mass merchandiser and grocery-related businesses. Foot traffic at its largest convenience and gas channel has been witnessing improved trends from the latter half of second-quarter 2020, which is likely to have continued in the first quarter.
Moreover, Monster Beverage has been committed to product launches and innovation to boost growth. Management has been optimistic about the significant growth potential of its Monster Energy brand. Product launches across the Monster family are expected to have driven the overall top and bottom lines in the first quarter.
However, the company continues to experience sluggishness in the foodservice on-premise channel. Unfavorable foreign-currency movements are also likely to have been dragging. Also, the company earlier predicted the pandemic-related impacts to be a heightened threat in the first quarter, owing to the reinstitution of lockdowns and other restrictions due to a second COVID-19 wave in a number of countries, including EMEA. This is expected to have affected product introductions, which is likely to have negatively impacted sales.
What the Zacks Model Unveils
Our proven model conclusively predicts an earnings beat for Monster Beverage this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Monster Beverage has a Zacks Rank #3 and an Earnings ESP of +0.41%.
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Monster Beverage (MNST) Set to Announce Quarterly Earnings on Thursday
By: MarketBeat | April 30, 2021
Monster Beverage (NASDAQ:MNST) will post its quarterly earnings results after the market closes on Thursday, May 6th. Analysts expect Monster Beverage to post earnings of $0.61 per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.
Monster Beverage (NASDAQ:MNST) last issued its quarterly earnings results on Thursday, February 25th. The company reported $0.62 EPS for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.03. Monster Beverage had a net margin of 26.99% and a return on equity of 28.24%. The business had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.13 billion. On average, analysts expect Monster Beverage to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
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Monster Beverage Earns "Buy" Rating from Evercore ISI
By: MarketBeat | April 29, 2021
Monster Beverage (NASDAQ:MNST)'s stock had its "buy" rating reaffirmed by analysts at Evercore ISI in a research note issued on Thursday, AnalystRatings.com reports.
Other equities research analysts also recently issued reports about the company. Smith Barney Citigroup increased their price objective on Monster Beverage from $89.00 to $99.00 in a report on Friday, January 15th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised their price target on Monster Beverage from $89.00 to $99.00 and gave the stock a "neutral" rating in a report on Friday, January 15th. Stifel Nicolaus raised their price target on Monster Beverage from $91.00 to $105.00 and gave the stock a "buy" rating in a report on Friday, January 8th. Argus raised their price target on Monster Beverage from $95.00 to $100.00 and gave the stock a "buy" rating in a report on Monday, March 8th. Finally, Morgan Stanley raised their price target on Monster Beverage from $106.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. The company has a consensus rating of "Buy" and a consensus target price of $96.26.
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Is Monster Beverage Corporation (MNST) Potentially Undervalued?
By: Simply Wall St | April 27, 2021
Let's talk about the popular Monster Beverage Corporation (NASDAQ:MNST). The company's shares saw a decent share price growth in the teens level on the NASDAQGS over the last few months. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. But what if there is still an opportunity to buy? Today I will analyse the most recent data on Monster Beverage’s outlook and valuation to see if the opportunity still exists.
What's the opportunity in Monster Beverage?
The stock seems fairly valued at the moment according to my valuation model. It’s trading around 7.29% above my intrinsic value, which means if you buy Monster Beverage today, you’d be paying a relatively reasonable price for it. And if you believe that the stock is really worth $90.54, there’s only an insignificant downside when the price falls to its real value. Although, there may be an opportunity to buy in the future. This is because Monster Beverage’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
Can we expect growth from Monster Beverage?
NasdaqGS:MNST Earnings and Revenue Growth April 27th 2021
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Monster Beverage's earnings over the next few years are expected to increase by 23%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
What this means for you:
Are you a shareholder? MNST’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value?
Are you a potential investor? If you’ve been keeping an eye on MNST, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
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Monster Beverage Co. (MNST) Expected to Post Earnings of $0.61 Per Share
By: MarketBeat | April 24, 2021
Equities research analysts expect that Monster Beverage Co. (NASDAQ:MNST) will post earnings of $0.61 per share for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Monster Beverage's earnings. The highest EPS estimate is $0.63 and the lowest is $0.60. Monster Beverage posted earnings per share of $0.52 in the same quarter last year, which suggests a positive year-over-year growth rate of 17.3%. The business is expected to announce its next earnings report on Thursday, May 6th.
According to Zacks, analysts expect that Monster Beverage will report full-year earnings of $2.69 per share for the current year, with EPS estimates ranging from $2.62 to $2.76. For the next year, analysts anticipate that the business will post earnings of $3.04 per share, with EPS estimates ranging from $2.95 to $3.12. Zacks' earnings per share calculations are a mean average based on a survey of analysts that cover Monster Beverage.
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S&P Beverages Index (BF/B, KO, MNST, PEP, STZ & TAP) long-term relative strength cycle suggests trough and out-performance for ~2-years
By: Nautilus Research | April 22, 2021
• S&P Beverages Index (BF/B, KO, MNST, PEP, STZ & TAP) long-term relative strength cycle suggests trough and out-performance for ~2-years. Cycle has performed well historically.
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Monster Beverage has knocked five straight double earnings beats (revenue and EPS)
By: Seeking Alpha | April 21, 2021
• Monster Beverage still stands as the pure-play on energy drinks
• Wells Fargo notes that Monster Beverage (MNST -0.6%) cruised right through Q1 despite the increased interest by Coca-Cola and PepsiCo in the fast-growth energy drink market. The firm thinks the Coca-Cola is resigned to playing the category largely through its stake in MNST, while PepsiCo's energy drink investments are seen taking time to play out.
• "Ultimately, MNST and Red Bull have successfully fended off competition from would-be competitors, and the category remains very much a 'two-animal' race. That's good news for MNST, the only publicly traded global energy play."
• Wells Fargo has an Overweight rating on Monster Beverage and price target of $105.
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What Is Monster Beverage Corporation's (MNST) Share Price Doing?
By: Simply Wall St | April 19, 2021
Let's talk about the popular Monster Beverage Corporation (NASDAQ:MNST). The company's shares saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Let’s take a look at Monster Beverage’s outlook and value based on the most recent financial data to see if the opportunity still exists.
What's the opportunity in Monster Beverage?
The stock seems fairly valued at the moment according to my valuation model. It’s trading around 8.43% above my intrinsic value, which means if you buy Monster Beverage today, you’d be paying a relatively fair price for it. And if you believe the company’s true value is $90.54, there’s only an insignificant downside when the price falls to its real value. Although, there may be an opportunity to buy in the future. This is because Monster Beverage’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 23% over the next couple of years, the future seems bright for Monster Beverage. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
What this means for you:
Are you a shareholder? It seems like the market has already priced in MNST’s positive outlook, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value?
Are you a potential investor? If you’ve been keeping an eye on MNST, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
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A Potential Monster (MNST) Breakout Looms
By: Joe Duarte | April 4, 2021
Monster Breakout Looms
Earlier this year, I suggested that shares of energy drink company Monster (MNST) would be interesting as they were engaged in a caffeine war with Starbucks (SBUX). At the time, it seemed as if Monster might get a bit of an edge on Starbucks. Alas, so far, both stocks have been range-bound, and the caffeine wars – well, they've been tame to say the least.
However, this may be about to change, certainly for Monster, and perhaps even for SBUX. But in this article, I want to focus on the former, given its interesting chart pattern and the rumblings of tight supplies in the coffee market, which may or may not play out, but would likely be more of a negative on SBUX.
So, here's what I like about MNST. The stock tumbled earlier in the year, but has slowly come back, and is now reaching a key decision point near the $95 area. Moreover, as summertime approaches and the world adjusts to the new COVID reality – whatever that is - expect more outdoor activities in the city, such as a return to skateboard parks, and so on as well as an increase in construction, and perhaps even outdoor music events and a return of the X games where Monster rules. In other words, as the weather heats up and major events and activities that cater to the energy drink crowd return, Monster's sales are likely to kick up.
On the technical side, the Accumulation Distribution (ADI) and On Balance Volume (OBV) are very constructive, as is the raw volume data. Moreover, the Volume by Price (VBP) indicator shows a key resistance level at $92. If that gets taken out, as I'm expecting it well could, the stock should be off to the races.
Certainly, the directional data for MNST options suggests a very bullish bias and the implied volatility (IV) is well below the historical volatility (HV) – all very positive signs. A move above $95 would likely lead to an extended uptrend over the next few weeks barring a major market event.
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Monster Beverage Corp (MNST) Daily Chart
By: DiscoverGold | April 16, 2021
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First Week of Monster Beverage Corp (MNST) Options Trading
By: Stock Options | April 16, 2021
• Investors in Monster Beverage Corp (MNST) saw new options become available this week, for the December 17th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 245 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MNST options chain for the new December 17th contracts and identified one put and one call contract of particular interest.
The put contract at the $90.00 strike price has a current bid of $4.40. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $90.00, but will also collect the premium, putting the cost basis of the shares at $85.60 (before broker commissions). To an investor already interested in purchasing shares of MNST, that could represent an attractive alternative to paying $97.19/share today.
Because the $90.00 strike represents an approximate 7% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 69%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 4.89% return on the cash commitment, or 7.28% annualized — at Stock Options Channel we call this the YieldBoost.
* * *
Considering the fact that the $100.00 strike represents an approximate 3% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 51%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 6.59% boost of extra return to the investor, or 9.81% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 26%, while the implied volatility in the call contract example is 25%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $97.19) to be 25%.
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Monster Beverage Corp. stock rises Friday, outperforms market
By: MarketWatch | April 16, 2021
• Shares of Monster Beverage Corp. MNST, +2.31% rallied 2.31% to $98.17 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.36% rising 0.36% to 4,185.47 and the Dow Jones Industrial Average DJIA, +0.48% rising 0.48% to 34,200.67. This was the stock's second consecutive day of gains. Monster Beverage Corp. hit a new 52-week high, surpassing its previous peak of $96.29, which the company achieved on April 13th.
The stock outperformed some of its competitors Friday, as Coca-Cola Co. KO, +0.66% rose 0.66% to $53.68, PepsiCo Inc. PEP, +1.30% rose 1.30% to $144.16, and Coca-Cola European Partners PLC CCEP, +0.75% rose 0.75% to $54.95. Trading volume (4.3 M) eclipsed its 50-day average volume of 2.0 M.
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Monster Beverage (MNST) Expected to Post Quarterly Sales of $1.21 Billion
By: MarketBeat | April 9, 2021
• Equities analysts predict that Monster Beverage Co. (NASDAQ:MNST) will report $1.21 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Monster Beverage's earnings. The highest sales estimate is $1.23 billion and the lowest is $1.19 billion. Monster Beverage reported sales of $1.06 billion during the same quarter last year, which would suggest a positive year over year growth rate of 14.2%. The business is scheduled to report its next quarterly earnings report on Thursday, May 6th.
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News: $MNST Is Monster Beverage Stock a Buy?
Energy drink veteran Monster Beverage (NASDAQ: MNST) is trading 14% higher year to date. That's a 49% rebound from the lows in March and the stock comes with pricey valuation ratios such as 35 times trailing earnings and 10 times the company's book value . Is Monster a buy at these high pri...
Find out more MNST - Is Monster Beverage Stock a Buy?
There’s a lot of bull in this product!
KGKG drinks have MNST drinks beat hands down in the taste category!!! PLUS the HEMP!!!! All aboard!!! Another quarter closer to a quarter.
OMG... hahaha... KGKG Kona Gold drinks are awesome.
This is the real BULL in a can. All time high coming.
Monster Beverage Corp. is a holding company, which engages in the development, marketing, sale and distribution of energy drink beverages and concentrates. It operates through the following segments: Monster Energy Drinks, Strategic Brands and Other. The Monster Energy Drinks segment sells ready-to-drink packaged energy drinks to bottlers and full service beverage distributors. The Strategic Brands segment sells concentrates and beverage bases to authorized bottling and canning operations. The Other segment comprises of certain products sold by its subsidiary, American Fruits and Flavors LLC to independent third-party customers.
All ABOARD!!!! Now leaving the station....Kona Gold and Highdrate. Next stop....Market Share!! We are the future!!
monster is definitely becoming outdated.. KGKG kona gold is moving in and taking over!
or evolve and buy out other fast growers....
Hemp / cbd energy is the future...health and energy....like KGKG and others....
This co has huge share...can keep growing but has to renew itself...
Monster competition catching up. These beverages will be antiquated time pieces you see in old movies for nostalgia. New wave of healthier & cheaper energy drinks coming to market & these major conglomerate companies won’t be able to change their image to fit that role.
This thing is going to do a split soon
Monster Beverage Corp posts upbeat Q2 earnings
Infographics available at https://news.alphastreet.com/monster-beverage-q2-2018-earnings/
Monster Beverage reported a 21% jump in earnings for the second quarter driven by higher net sales from its Drinks segment as well as lower income taxes. The bottom line exceeded analyst expectations, while the top line was in line with consensus.
Have you heard anything about Monster being bought out?
CALCOL INC (CLCL-OTC)
COMPANY DESCRIPTION
THE COMPANY IS A DELAWARE USA HOLDING COMPANY WITH CHINA AND BVI SUBSIDIARIES FOR US AND CHINA INVESTMENTS IN ENERGY DRINKS AND SOFT DRINKS IN BEIJING, CHINA, AND BEACHWOOD, OHIO USA. THE COMPANY OWNS AND OPERATES MALIBU-COLA BEVERAGE CO. LTD. (CHINA) BEIJING AND KULONG ENERGY BEVERAGE COMPANY INC. (BVI). THROUGH ITS SUBSIDIARY COMPANIES, BEIJING KULONG ENERGY TRADING CO. LTD. AND KULONG ENERGY BEVERAGE COMPANY INC. (BVI), THE COMPANY MANUFACTURES ITS OWN PROPRIETARY RECIPES AND SOLELY OWNED INTERNATIONALLY TRADEMARKED KULONG FRUIT FLAVORED VITAMIN DRINK (MANGO ORANGE AND LEMON LIME FLAVORS, WITH GUARANA, TAURINE, B-VITAMINS) FOR SALE IN CHINA, AND KULONG COOL DRAGON ENERGY DRINK AND KULONG COOL DRAGON ENERGY DRINK ZERO (MANGO ORANGE AND LEMON LIME FLAVORS, WITH CAFFEINE, GUARANA, TAURINE, GLUCOURONOLACTONE, GINSENG, ACAI FRUIT, GOJI BERRY, MANGOSTEEN,B-VITAMINS, ELECTROLYTES) FOR SALE IN THE USA AND INTERNATIONALLY (EX-CHINA).THE COMPANY CURRENTLY MANUFACTURES AND SELLS IN THE USA AND PLANS TO DISTRIBUTE KULONG ENERGY DRINK AND KULONG ENERGY DRINK ZERO IN USA (LABELLED "MADE IN USA") THROUGHOUT THE USA, AUSTRALIA, CANADA, MEXICO, BRAZIL, CENTRAL AND SOUTH AMERICA, CARIBBEAN, ALL OF EU, JAPAN, HONG KONG, MACAO AND TAIWAN, ISRAEL AND THE MIDDLE EAST.
THE COMPANY MAKES AND SELLS ITS TRADEMARKED MALIBU-COLA (PRODUCED UNDER LICENSE FROM RC COLA INTERNATIONAL DIVISION OF COTT BEVERAGES USA INC.), MALIBU SUNRISE ORANGE, MALIBU SURFS UP LEMON LIME, MALIBU LEMON SQUEEZE, AND MALIBU DIET COLA IN CHINA. THE COMPANY HAS SUCCESSFULLY MARKETED ITS TRADEMARKED "MALIBU" BRANDED PRODUCTS IN CHINA THROUGH SALES CONTRACTS WITH WAL-MART, TRUST-MART, LOTUS, TESCO, CARREFOUR, AND OTHER MAJOR RETAIL CHAINS AS WELL AS LOCAL SUPERMARKETS.
NORMAN C KAPLAN
CHAIRMAN AND PRESIDENT
CALCOL INC.(CLCL-OTC)
MALIBU-COLA BEVERAGE CO. LTD.
BEIJING KULONG ENERGY TRADING CO. LTD.
KULONG ENERGY BEVERAGE COMPANY INC.
FACEBOOK: NORMAN KAPLAN, CALCOL INC.,KULONG ENERGY BEVERAGE COMPANY INC.
BEACHWOOD, OHIO 44122
500,000,000 designated for stock buyback! Wow!!!
Trading at almost 11x TTM sales. But, $KO will have to repatriate some money this year and number one of their buy list is $MNST. Shouldn't be long before $KO completes their purchase and owns 100%.
I suspect earnings will be good. China revenue and weaker dollar should help. Accumulating cash is always a good thing with no debt
The Little Hansen (a Penny Stock 15 yrs ago) have really grown into a Green Monster.
This pennyeDrink started in my neighborhood, i know the story of it.
https://finance.yahoo.com/chart/MNST#eyJtdWx0aUNvbG9yTGluZSI6ZmFsc2UsImJvbGxpbmdlclVwcGVyQ29sb3IiOiIjZTIwMDgxIiwiYm9sbGluZ2VyTG93ZXJDb2xvciI6IiM5NTUyZmYiLCJtZmlMaW5lQ29sb3IiOiIjNDVlM2ZmIiwibWFjZERpdmVyZ2VuY2VDb2xvciI6IiNmZjdiMTIiLCJtYWNkTWFjZENvbG9yIjoiIzc4N2Q4MiIsIm1hY2RTaWduYWxDb2xvciI6IiMwMDAwMDAiLCJyc2lMaW5lQ29sb3IiOiIjZmZiNzAwIiwic3RvY2hLTGluZUNvbG9yIjoiI2ZmYjcwMCIsInN0b2NoRExpbmVDb2xvciI6IiM0NWUzZmYiLCJyYW5nZSI6Im1heCJ9
Post-election panic selloff during tax loss season, more down side than up until the Q comes out, and they chose to do that forward split at a bad time IMO, the Charts are suggesting $34 a share is possible, but looking at the options data the professionals are expecting I think it was as low as $24 by Jan, I think it was! Also bar chart has em as 100% sell
https://www.barchart.com/stocks/quotes/mnst/opinion
Panic and fear buying for the serious investors I'd suggest a nibble at $34 if she drops more a bigger bite at $24, doubling at $14, and buy as many as you can if she makes it to $7.
Me personally the closer she gets to $34 between now and Nov 21st I'd buy there as most post-election fear clears off unless the Q is expected to be bad if that's the case LOOK out below intill March!
Thanx for the MNST info Mate, had to run to work and was already 15 mins late out the door when I posted
Yes 3:1 so for every 5 you have you now have 15 shares
Thanks did not see that .
The stocks split
Talk about a big Hit in the price today Wow I am in for some here @ $ 43.00 any one else
so ya'll ain't gonna like me but current down forecast is $24 PPS easy worst case $7-$15 with $7 being bottom iF $21 is broken
Monster Beverage Shares Jump $13.68 or 12.81% After Earnings Beat
Amended Statement of Ownership (sc 13g/a)
Date : 02/12/2016 @ 11:36AM
Source : Edgar (US Regulatory)
Stock : Monster Beverage Corp. (MM) (MNST)
Quote : 124.31 1.94 (1.59%) @ 8:00PM
Amended Statement of Ownership (sc 13g/a)
Print
Alert
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Monster Beverage Corporation
(Name of Issuer)
Common Stock, $0.005 par value
(Title of Class of Securities)
611740101
(CUSIP Number)
December 31, 2015
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
(Page 1 of 6 Pages)
______________________________
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 611740101 13G/A Page 2 of 6 Pages
1
NAMES OF REPORTING PERSONS
Sterling Trustees LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ¨
(b) ¨
3 SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
South Dakota
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH 5
SOLE VOTING POWER
- 0 -
6
SHARED VOTING POWER
10,459,614 Shares
7
SOLE DISPOSITIVE POWER
- 0 -
8
SHARED DISPOSITIVE POWER
10,459,614 Shares
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,459,614 Shares
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1%
12
TYPE OF REPORTING PERSON
CO
CUSIP No. 611740101 13G/A Page 3 of 6 Pages
Item 1(a). NAME OF ISSUER.
The name of the issuer is Monster Beverage Corporation (the "Company").
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
The Company's principal executive offices are located at 1 Monster Way, Corona, CA 92879.
Item 2(a). NAME OF PERSON FILING:
This statement is filed by Sterling Trustees LLC, a South Dakota limited liability company ("Sterling"), with respect to (A) 2,893,166 Shares (as defined in Item 2(d) below) held by or issuable to certain grantor retained annuity trusts for which Sterling serves as an independent third party trustee and (B) 7,566,448 Shares held by certain entities for which Sterling serves as an independent third party manager (the "Entities").
The filing of this statement should not be construed as an admission that any person named herein is, for the purposes of Section 13 of the Act, the beneficial owner of the Shares reported herein.
Sterling is hereinafter sometimes referred to as the "Reporting Person."
Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office of Sterling is 101 S. Phillips Avenue, Suite 509, Sioux Falls, SD 57104.
Item 2(c). CITIZENSHIP:
Sterling is a South Dakota limited liability company.
Item 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, $0.005 par value (the "Shares").
Item 2(e). CUSIP NUMBER:
611740101
CUSIP No. 611740101 13G/A Page 4 of 6 Pages
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
(b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
(c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
(d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e) ¨ Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) ¨
Employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) ¨
Parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) ¨
Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) ¨
Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
(j) ¨ Non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k) ¨ Group, in accordance with Rule 13d-1(b)(1)(ii)(K).
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please
specify the type of institution:
Item 4. OWNERSHIP.
The percentages used herein are calculated based upon 202,722,461 Shares outstanding as of October 26, 2015.
Sterling:
(a) Amount beneficially owned: 10,459,614 Shares
(b) Percent of class: 5.1%
(c) (i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 10,459,614 Shares
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 10,459,614 Shares
CUSIP No. 611740101 13G/A Page 5 of 6 Pages
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
Item 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
Item 10. CERTIFICATION.
The Reporting Person hereby makes the following certification:
By signing below, the Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
CUSIP No. 611740101 13G/A Page 6 of 6 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
DATED: February 12, 2016
STERLING TRUSTEES LLC
By: /s/ Antony Joffe
Name: Antony Joffe
Title: President
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