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Molson Coors Brewing (TAP)
:TAP
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Molson Coors (TAP) Stock Price & Analysis

1,156 Followers

TAP Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
EarningsThere is a view of upside to current Street earnings estimates.
Market ShareTAP has held onto ~50% of last year's US market share gains since cycling the Bud Light disruption.
ValuationThe company is valued at a historically low price-to-earnings ratio, offering potential growth opportunities.
Bears Say
Market CompetitionThe U.S. beer category is weaker than expected and competition in premium beer has escalated.
Sales And GuidanceMolson Coors reported a 3Q org sales miss and lowered guidance to -1%.
Volume And Consumption TrendsSharp declines in U.S. scanner data continue, indicating weaker consumption trends.
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Financials

Annual

Ownership Overview

8.87%25.99%2.68%35.58%
2.68% Other Institutional Investors
35.58% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

The estimated number of people who visited one or more of the websites owned by Molson Coors
Desktop Users
Mobile Users

TAP FAQ

What was Molson Coors Brewing’s price range in the past 12 months?
Molson Coors Brewing lowest stock price was $49.19 and its highest was $69.18 in the past 12 months.
    What is Molson Coors Brewing’s market cap?
    Molson Coors Brewing’s market cap is $11.33B.
      When is Molson Coors Brewing’s upcoming earnings report date?
      Molson Coors Brewing’s upcoming earnings report date is Feb 13, 2025 which is in 26 days.
        How were Molson Coors Brewing’s earnings last quarter?
        Molson Coors Brewing released its earnings results on Nov 07, 2024. The company reported $1.8 earnings per share for the quarter, beating the consensus estimate of $1.668 by $0.132.
          Is Molson Coors Brewing overvalued?
          According to Wall Street analysts Molson Coors Brewing’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Molson Coors Brewing pay dividends?
            Molson Coors Brewing pays a Quarterly dividend of $1.756 which represents an annual dividend yield of 3.23%. See more information on Molson Coors Brewing dividends here
              What is Molson Coors Brewing’s EPS estimate?
              Molson Coors Brewing’s EPS estimate is 1.13.
                How many shares outstanding does Molson Coors Brewing have?
                Molson Coors Brewing has 193,565,200 shares outstanding.
                  What happened to Molson Coors Brewing’s price movement after its last earnings report?
                  Molson Coors Brewing reported an EPS of $1.8 in its last earnings report, beating expectations of $1.668. Following the earnings report the stock price went up 0.374%.
                    Which hedge fund is a major shareholder of Molson Coors Brewing?
                    Currently, no hedge funds are holding shares in TAP
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                    Company Description

                    Molson Coors Brewing

                    Molson Coors Beverage Co. is a holding company, which engages in the provision of beer. It operates through the following segments: United States, Canada, Europe, International, and Corporate. The United States segment consists of production, marketing and sales of its brands, and other owned and licensed brands in the United States. The Canada segment includes production, marketing and sales of its brands, and other owned and licensed brands in Canada. The Europe segment comprises of production, marketing and sales of its brands as well as a number of regional brands in the United Kingdom, Republic of Ireland, and Central Europe. The International segment focuses its operations on Latin America, Europe, Asia Pacific, and Africa. The Corporate segment represents interest and certain other general and administrative costs that are not allocated to any of the operating segments. It operates under the brands Blue Moon, Coors Banquet, Coors Light, Miller Genuine Draft, Miller Lite, taropramen, Carling, Molson Canadian, Creemore Springs, Cobra, Doom Bar, Henry's Hard and Leinenkugel's. The company was founded in 1786 and is headquartered in Denver, CO.
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                    TAP Company Deck

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                    TAP Earnings Call

                    Q3 2024
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The earnings call presented a mixed outlook. While there were strong performances in international markets and successful premiumization strategies driving revenue growth, the U.S. market faced significant challenges, leading to a downward adjustment in sales revenue guidance. Despite these setbacks, the company maintained financial flexibility and continued to invest in its brands.Read More>
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                    TAP Revenue Breakdown

                    68.87%68.87%11.23%10.46%9.44%
                    68.87% United States and its territories
                    11.23% U.K.
                    10.46% Canada
                    9.44% Other foreign countries
                    tipranks
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                    TAP Stock 12 Month Forecast

                    Average Price Target

                    $63.32
                    ▲(16.25% Upside)
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                    Best Analysts Covering TAP

                    1 Year
                    Bill KirkRoth MKM
                    1 Year Success Rate
                    16/24 ratings generated profit
                    67%
                    1 Year Average Return
                    +9.55%
                    reiterated a buy rating 2 months ago
                    Copying Bill Kirk's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +9.55% per trade.
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