What is Monster Beverage Shares Outstanding (EOP)?
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Monster Beverage's shares outstanding for the quarter that ended in Dec. 2023 was 1,042 Mil.
Monster Beverage's quarterly shares outstanding
increased
from Sep. 2023 (1,040 Mil) to Dec. 2023 (1,042 Mil).
It means Monster Beverageissued new shares from Sep. 2023 to Dec. 2023 .
Monster Beverage's annual shares outstanding
declined
from Dec. 2022 (1,045 Mil) to Dec. 2023 (1,042 Mil).
It means Monster Beveragebought back shares from Dec. 2022 to Dec. 2023 .
Monster Beverage Shares Outstanding (EOP) Historical Data
The historical data trend for Monster Beverage's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Monster Beverage's Shares Outstanding (EOP)
For the Beverages - Non-Alcoholic subindustry, Monster Beverage's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Monster Beverage's Shares Outstanding (EOP) Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Monster Beverage's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Monster Beverage Shares Outstanding (EOP) Related Terms
Thank you for viewing the detailed overview of Monster Beverage's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.
Monster Beverage (Monster Beverage) Business Description
Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.
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