Posts for Ticker ‘Hansen Natural’

Hansen Natural Hit Hard By Goldman Sachs (HANS)

Hansen Natural Corp. (NASDAQ:HANS) was downgraded by Goldman Sachs this morning basedupon recent gains in the stock reflecting valuations.  Goldman Sachs believes this reflects the potential that it sees for new product growth and geographic and channel growth.  At the $59 close yesterday the stock was apparently up over 47% since it had been added to Goldman’s BUY LIST on June 14, 2007, compared to a mere 1.1% gain in the S&P 500 index.  It also noted the sever outperformance over the last year with Hansen up over 89% versus an S&P gain of 15.4%.

If pre-market trading is accurate it appears that HANS shares are down 5% around $56.00 in very early indications.  Its 52-week trading range is $24.75 to $61.65, and its market cap was almost $5.4 Billion as of yesterday’s close.

Jon C. Ogg
October 4, 2007

Posted on: October 4, 2007 – 6:52 am in Analyst Calls, Food, ,

Hansen Chugging Earnings (HANS)

Hansen Natural Corp. (NASDAQ:HANS) is gapping up pre-market after the company exceeded earnings estimates.  The company was expected to post $0.36 EPS on $217.65 million in revenues, but the 54% revenies gain put results over the top with $0.47 EPS before items (and still $0.39 net) with revenues topping $280 million.

Its Monster drinks are continuing to score new users, and its Java Monster(TM) brand non-carbonated dairy based coffee drinks (introduced in April 2007) and Monster® M-80 energy drinks (introduced in March 2007) appear to be adding additional growth machines ahead.  It looks like even the Anheuser-Busch (NYSE:BUD) distribution pact is now being viewed as a good thing. 

The company will hold an investor conference call at 2:30 PM EST today, and that will probably be a focus for more of what to expect ahead.  Shares are now up over 12% in pre-market trading around $47.00.  If this level holds, this will actually be a new 52-week high (although not an all-time high of $50+).  hansen no longer has that ludicrous P/E ratio as well, and if you add the results today and only give it a "meet guidance ahead" you’d end up with a forward P/E ratio for fiscal 2007 of roughly 31.  That’s for you to decide if it is worth it or not, but that is much more realistic than in the past.

Jon C. Ogg
August 8, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: August 8, 2007 – 7:44 am in Earnings, Food, ,