Latest news with #BonnieHerzog
Business Insider
29-06-2025
- Business
- Business Insider
Goldman Sachs Keeps Their Hold Rating on Coca-Cola Europacific Partners (CCEP)
Goldman Sachs analyst Bonnie Herzog maintained a Hold rating on Coca-Cola Europacific Partners (CCEP – Research Report) on June 27 and set a price target of $70.00. The company's shares closed last Friday at $91.10. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Herzog covers the Consumer Defensive sector, focusing on stocks such as Monster Beverage, Constellation Brands, and Molson Coors. According to TipRanks, Herzog has an average return of 5.2% and a 58.01% success rate on recommended stocks. Coca-Cola Europacific Partners has an analyst consensus of Moderate Buy, with a price target consensus of $94.34.
Yahoo
24-05-2025
- Business
- Yahoo
Goldman Sachs Considers Monster Beverage (MNST) A Highly Appealing Investment
On May 22, Goldman Sachs analyst Bonnie Herzog called Monster Beverage Corp. (NASDAQ:MNST) among the most appealing growth opportunities within the consumer staples sector. With that view, he reiterated a Buy rating with a price target of $67. The analyst estimates that the company will achieve an EPS of $1.86 for FY 2025, which indicates a 25% year-over-year growth and aligns with the current consensus estimates. Monster Beverage's Q1 2025 sales, reported in the second week of May, declined 2.3% year-over-year to $1.85 billion and missed consensus expectations. The decline was due to weakness in the Alcohol Brands segment and forex impact, excluding which, the sales were up around 2%. However, better cost management led to a 180 basis point improvement in the adjusted operating margin of 31.5%, and an EPS of $0.47, which was broadly in line with street estimates. Management noted that sales increased robustly in April, which bodes well for the next quarter. Moreover, the company is focusing on margin improvement using pricing strategies and supply chain improvements. At the results call, Chairman and Co-CEO Rodney C. Sacks, stated: 'We launched a number of new products in the first quarter. In the United States, Monster Energy Ultra Blue Hawaiian has rapidly become one of our top selling products. Innovation globally continues to play a key role in our strategy and we maintain a robust innovation pipeline.' With better revenue growth supported by innovation, Bonnie Herzog believes that the company has substantial scope to grow its gross profit and, in turn, earnings. Monster Beverage Corp. (NASDAQ:MNST), through its subsidiaries, develops and markets energy drinks, including Monster Energy drinks. While we acknowledge the potential of MNST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MNST and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
24-05-2025
- Business
- Yahoo
Goldman Sachs Considers Monster Beverage (MNST) A Highly Appealing Investment
On May 22, Goldman Sachs analyst Bonnie Herzog called Monster Beverage Corp. (NASDAQ:MNST) among the most appealing growth opportunities within the consumer staples sector. With that view, he reiterated a Buy rating with a price target of $67. The analyst estimates that the company will achieve an EPS of $1.86 for FY 2025, which indicates a 25% year-over-year growth and aligns with the current consensus estimates. Monster Beverage's Q1 2025 sales, reported in the second week of May, declined 2.3% year-over-year to $1.85 billion and missed consensus expectations. The decline was due to weakness in the Alcohol Brands segment and forex impact, excluding which, the sales were up around 2%. However, better cost management led to a 180 basis point improvement in the adjusted operating margin of 31.5%, and an EPS of $0.47, which was broadly in line with street estimates. Management noted that sales increased robustly in April, which bodes well for the next quarter. Moreover, the company is focusing on margin improvement using pricing strategies and supply chain improvements. At the results call, Chairman and Co-CEO Rodney C. Sacks, stated: 'We launched a number of new products in the first quarter. In the United States, Monster Energy Ultra Blue Hawaiian has rapidly become one of our top selling products. Innovation globally continues to play a key role in our strategy and we maintain a robust innovation pipeline.' With better revenue growth supported by innovation, Bonnie Herzog believes that the company has substantial scope to grow its gross profit and, in turn, earnings. Monster Beverage Corp. (NASDAQ:MNST), through its subsidiaries, develops and markets energy drinks, including Monster Energy drinks. While we acknowledge the potential of MNST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MNST and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Business Insider
01-05-2025
- Business
- Business Insider
Vita Coco price target raised to $41 from $38 at Goldman Sachs
Goldman Sachs analyst Bonnie Herzog raised the firm's price target on Vita Coco (COCO) to $41 from $38 and keeps a Buy rating on the shares. The company reported a 'strong' Q1 earnings beat with 'very strong' topline growth of 17%, the analyst tells investors in a research note. Leverage from the strong topline also helped drive gross margins that were much better than feared at 36.7%, the firm adds. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Yahoo
29-03-2025
- Business
- Yahoo
Goldman Sees Premium Pet Food As Bright Spot For Colgate And General Mills Amid Consumer Caution
Goldman Sachs analyst Bonnie Herzog analyzed the pet food offerings to understand the category more. The following are the comments published on Thursday regarding the same. The U.S. consumer is becoming more cautious due to concerns about inflation, tariffs, and geopolitical uncertainty, impacting the broader staples sector, said the analyst. While consumer packaged goods (CPG) companies face short-term pressure, an analysis of the pet food market suggests that premium offerings from Colgate-Palmolive Co (NYSE:CL) and General Mills Inc (NYSE:GIS) are likely to remain resilient. These high-end products could support growth and help offset weaker demand in other areas, noted the analyst. The analyst reiterated a Buy rating on the shares of Colgate-Palmolive with a price forecast of $106.00. The Hill's Pet Nutrition division is expected to be a key driver of sustained mid-single-digit organic sales growth, fueled by category expansion and market share gains. Also Read: The global premium pet food market is projected to grow at around 5% through 2030, with balanced contributions from volume and pricing. While dry dog food growth is expected to moderate, wet dog food is gaining traction. Cat food, both dry and wet, is anticipated to see stronger growth due to increasing consumption. Despite an overall slowdown in category growth, Colgate is well-positioned to outperform the market, said the analyst. The company's focus on innovation such as Hill's Prescription Diet z/d Low Fat and new wet cat food flavors along with above-average advertising spend and expanded production capacity, is set to drive household penetration beyond its current 6% in the U.S. With solid revenue growth and productivity improvements, Colgate is expected to see continued margin expansion, supporting strong earnings. The analyst reiterated a Buy rating on General Mills with a price forecast of $68.00. The company sees its pet food business as a key catalyst for returning to 2% – 3% organic sales growth by fiscal 2027, with fiscal 2026 focused on reinvestment. Premium pet food, benefiting from the increasing humanization of pets, is expected to drive mid-single-digit category growth, with contributions from both pricing and volume, noted the analyst. GIS has historically expanded market share through acquisitions, and its recent Whitebridge purchase is expected to follow suit. With a strong presence in pet specialty and e-commerce but low household penetration, the brand offers a significant growth runway, particularly in the high-growth cat food segment. Despite competition from private labels, GIS's premium positioning has supported sales acceleration and market share stability, opined the analyst. Read Next:Image via Shutterstock. Date Firm Action From To Feb 2022 Bernstein Upgrades Underperform Market Perform Jan 2022 Credit Suisse Maintains Outperform Jan 2022 Morgan Stanley Maintains Equal-Weight View More Analyst Ratings for CL View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? COLGATE-PALMOLIVE (CL): Free Stock Analysis Report GENERAL MILLS (GIS): Free Stock Analysis Report This article Goldman Sees Premium Pet Food As Bright Spot For Colgate And General Mills Amid Consumer Caution originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
