Monster Beverage (MNST) Announces 2-for-1 Stock Split on Aug. 11

Monster 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.