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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Monster Beverage ( MNST) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 0.9%. By the end of trading, Monster Beverage rose 93 cents (1.9%) to $50.69 on light volume. Throughout the day, 1.3 million shares of Monster Beverage exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in a price between $49.80-$51.56 after having opened the day at $49.84 as compared to the previous trading day's close of $49.76. Other companies within the Consumer Goods sector that increased today were: DS Healthcare Group ( DSKX), up 14%, Mobile Mini ( MINI), up 6.9%, Myers Industries ( MYE), up 6.9%, and Leading Brands ( LBIX), up 6.3%.
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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 $8.68 billion and is part of the food & beverage industry. The company has a P/E ratio of 27.8, above the S&P 500 P/E ratio of 17.7. Shares are down 4.1% year to date as of the close of trading on Thursday. 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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).

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