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

1,140 Followers

TAP Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
Financial PerformanceGross margin expanded nicely with better price/mix and lower inflation, resulting in a massive EBITDA beat.
Market MomentumThe market's positive reaction suggests investors are encouraged that TAP's share gains could prove durable post the Bud Light event.
Strategic ExpansionThe transaction supports the company’s long-term goals around portfolio premiumization by allowing TAP to more tightly focus on the Beyond Beer segment.
Bears Say
Consumer TrendsSharp declines in U.S. scanner data continue, indicating weaker consumption trends.
Earnings RiskInvestors probably under-appreciate the impact of volume de-leveraging, which could lead to a negative EPS revision.
Market CompetitionCompetition is intensifying, and the company's foray into growing segments may not be enough to offset losses.
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Financials

Annual

Ownership Overview

8.91%27.95%2.72%33.28%
2.72% Other Institutional Investors
33.28% 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’s price range in the past 12 months?
Molson Coors lowest stock price was $49.19 and its highest was $69.18 in the past 12 months.
    What is Molson Coors’s market cap?
    Currently, no data Available
    When is Molson Coors’s upcoming earnings report date?
    Molson Coors’s upcoming earnings report date is Nov 07, 2024 which is 17 days ago.
      How were Molson Coors’s earnings last quarter?
      Molson Coors released its earnings results on Aug 06, 2024. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.695 by $0.225.
        Is Molson Coors overvalued?
        According to Wall Street analysts Molson Coors’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Molson Coors pay dividends?
          Molson Coors pays a Quarterly dividend of $0.44 which represents an annual dividend yield of 3.21%. See more information on Molson Coors dividends here
            What is Molson Coors’s EPS estimate?
            Molson Coors’s EPS estimate is $1.68.
              How many shares outstanding does Molson Coors have?
              Molson Coors has 192,590,700 shares outstanding.
                What happened to Molson Coors’s price movement after its last earnings report?
                Molson Coors reported an EPS of $1.92 in its last earnings report, beating expectations of $1.695. Following the earnings report the stock price went up 5.423%.
                  Which hedge fund is a major shareholder of Molson Coors?
                  Among the largest hedge funds holding Molson Coors’s share is Dodge & Cox. It holds Molson Coors’s shares valued at 741M.
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                    Company Description

                    Molson Coors

                    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

                    Q2 2024
                    0:00 / 0:00
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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

                    $58.00
                    ▲(6.79% Upside)
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                    Best Analysts Covering TAP

                    1 Year
                    1 Year Success Rate
                    6/11 ratings generated profit
                    55%
                    1 Year Average Return
                    -2.09%
                    assigned a sell rating 2 months ago
                    Copying Christopher Carey's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of -2.09% per trade.
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