Monster Beverage Corp (MNST): Today's Featured Consumer Goods Laggard

Monster Beverage (MNST) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Monster Beverage fell $1.78 (-2.6%) to $66.42 on light volume. Throughout the day, 1.2 million shares of Monster Beverage exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $66.29-$68.08 after having opened the day at $68 as compared to the previous trading day's close of $68.20. Other company's within the Consumer Goods sector that declined today were: Coach (COH), down 18.6%, Tianli Agritech (OINK), down 16.8%, Shiner International (BEST), down 10%, and SORL Auto Parts (SORL), down 7.5%.

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Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. Monster Beverage has a market cap of $12.01 billion and is part of the food & beverage industry. The company has a P/E ratio of 41.3, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 48% year to date as of the close of trading on Monday. Currently there are four analysts that rate Monster Beverage a buy, one analyst rates it a sell, and two rate it a hold.

TheStreet Ratings rates Monster Beverage as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

• You can view the full Monster Beverage Ratings Report.

On the positive front, Le Gaga Holdings (GAGA), up 19.7%, Dorman Products (DORM), up 15.4%, China Shengda Packaging Group (CPGI), up 13.6%, and Goodyear Tire & Rubber (GT), up 10.4%, were all gainers within the consumer goods sector with Sealed Air Corporation (SEE) being today's featured consumer goods sector leader.

• Use our consumer goods section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods (IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods (SZK).

• Find other investment ideas from our top rated ETFs lists.

For more information on Monster Beverage Corp click any of the following:

• Monster Beverage Corp Stock Price

• Monster Beverage Corp Analyst Ratings

• Monster Beverage Corp Key Stats & Profile

• Monster Beverage Corp Earnings

• Monster Beverage Corp Ratio Comparison

• Monster Beverage Corp Growth Rates

• Monster Beverage Corp Balance Sheet

• Monster Beverage Corp Cash Flow

• Monster Beverage Corp Income Statement