Is Monster Beverage Corporation’s Fuel For Real? The Stock Was Bought By Option Traders

 Is Monster Beverage Corporation's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session Monster Beverage Corporation (MNST) registered an unusually high (533) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious MNST increase. With 533 contracts traded and 10634 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: MNST161216C00150000 closed last at: $4.2 or 13.5% up. About 302,398 shares traded hands. Monster Beverage Corporation (NASDAQ:MNST) has risen 7.68% since March 31, 2016 and is uptrending. It has outperformed by 5.16% the S&P500.

Analysts await Monster Beverage Corporation (NASDAQ:MNST) to report earnings on November, 3. They expect $1.14 earnings per share, up 35.71% or $0.30 from last year’s $0.84 per share. MNST’s profit will be $214.82 million for 31.82 P/E if the $1.14 EPS becomes a reality. After $0.99 actual earnings per share reported by Monster Beverage Corporation for the previous quarter, Wall Street now forecasts 15.15% EPS growth.

Monster Beverage Corporation (NASDAQ:MNST) Ratings Coverage

Out of 18 analysts covering Monster Beverage Corp (NASDAQ:MNST), 13 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 72% are positive. Monster Beverage Corp has been the topic of 35 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The rating was maintained by Stifel Nicolaus on Friday, February 26 with “Buy”. The firm has “Outperform” rating by CLSA given on Wednesday, September 16. The firm earned “Buy” rating on Thursday, October 15 by Stifel Nicolaus. On Tuesday, November 10 the stock rating was maintained by Argus Research with “Buy”. The firm has “Buy” rating given on Monday, July 27 by TheStreet. Credit Agricole downgraded the shares of MNST in a report on Wednesday, September 16 to “Outperform” rating. As per Friday, September 16, the company rating was initiated by Credit Suisse. The stock of Monster Beverage Corporation (NASDAQ:MNST) earned “Market Perform” rating by Wells Fargo on Monday, July 18. The rating was upgraded by Goldman Sachs to “Buy” on Thursday, September 24. The firm earned “Overweight” rating on Thursday, August 13 by Morgan Stanley.

According to Zacks Investment Research, “Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries market and distribute energy drinks, including Monster Energy(R) energy drinks, Monster Energy Extra Strength Nitrous Technology(R) energy drinks, Java Monster(R) non-carbonated coffee + energy drinks, M3(R) Monster Energy(R) Super Concentrate energy drinks, Monster Rehab(R) non-carbonated energy drinks with electrolytes, Muscle Monster(R) Energy Shakes, Ubermonster(R) energy drinks, NOS(R) energy drinks, Full Throttle(R) energy drinks, Burn(R) energy drinks, Samurai(R) energy drinks, Relentless(R) energy drinks, Mother(R) energy drinks, Power Play(R) energy drinks, BU(R) energy drinks, Nalu(R) energy drinks, BPM(R) energy drinks, Gladiator(R) energy drinks, and Ultra(R) energy drinks.”

MNST Company Profile

Monster Beverage Corporation, incorporated on April 25, 1990, is a holding firm and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries market and distribute energy drinks, including Monster Energy energy drinks, Monster Energy Extra Strength Nitrous Technology energy drinks, Java Monster non-carbonated coffee + energy drinks, M3 Monster Energy Super Concentrate energy drinks, Monster Rehab non-carbonated energy drinks with electrolytes, Muscle Monster Energy Shakes, Ubermonster energy drinks, NOS energy drinks, Full Throttle energy drinks, Burn energy drinks, Samurai energy drinks, Relentless energy drinks, Mother energy drinks, Power Play energy drinks, BU energy drinks, Nalu energy drinks, BPM energy drinks, Gladiator energy drinks, and Ultra energy drinks.

More important recent Monster Beverage Corporation (NASDAQ:MNST) news were published by: Fool.com which released: “Monster Beverage Corp. Earnings: Another Rip-Roaring Growth Performance” on August 09, 2016, also Fool.com published article titled: “Why Monster Beverage Corporation Jumped 12% Today”, Nasdaq.com published: “Commit To Buy Monster Beverage Corp At $110, Earn 3.6% Using Options” on October 20, 2016. More interesting news about Monster Beverage Corporation (NASDAQ:MNST) was released by: Globenewswire.com and their article: “Monster Beverage Corporation Announces Final Results of $2.0 Billion Tender Offer” with publication date: June 15, 2016.

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