Monster Beverage (MNST) Announces 2-for-1 Stock Split on Aug. 11
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowMonster Beverage (NASDAQ: MNST) will execute a 2-for-1 stock split, its sixth since 2005, on August 11. Shareholders as of July 24 will receive a 100% stock dividend after market close on August 10. As a result of the split, a current share price of $93.50 will adjust to $46.75. Analysts expect the company’s earnings to grow by 13% annually over the next three to five years, leading to a projected stock price of $70.30 in five years based on a P/E ratio of 37. This information is important for investors considering potential future gains in MNST's valuation.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Monster Beverage Corporation (MNST)
Monster Beverage is a leading maker of energy drinks.
The Consumer Staples sector covers food, beverage and household-goods companies that tend to hold up in any economy.
Earlier MNST news
- Market Update on EBAY, ITGR, MNST, and GM: Key Metrics Analyzed
- Monster Beverage Corp (MNST) Achieves 15% Revenue Growth in Q3
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