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Molson Coors Brewing Co Class B (TAP)

NYSE
Currency in USD
61.76
+0.28(+0.46%)
Closed
After Hours
61.37-0.39(-0.63%)
TAP Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
61.4062.50
52 wk Range
49.1969.18
Key Statistics
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Prev. Close
61.48
Open
61.53
Day's Range
61.4-62.5
52 wk Range
49.19-69.18
Volume
1.76M
Average Volume (3m)
1.78M
1-Year Change
-1.28%
Book Value / Share
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Fair Value
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Fair Value Upside
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TAP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
61.65
Downside
-0.18%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 4 consecutive years
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Molson Coors Brewing Co Class B Company Profile

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Five Trail, Hop Valley brands, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

Industry
Beverages
Employees
16500

Molson Coors Brewing Co Class B SWOT Analysis


Strategic Shift
Molson Coors divests craft beer brands to focus on premiumization and Beyond Beer segment, aiming for above-premium products to constitute one-third of its portfolio
Financial Headwinds
Analysts express concerns over Molson Coors' ability to maintain market share gains, with price targets ranging from $47 to $57 amid challenging industry outlook
Competitive Pressures
Intensifying competition from major rivals like Anheuser-Busch InBev threatens Molson Coors' market position, potentially impacting pricing and profitability
Growth Opportunities
Explore Molson Coors' potential for outperformance through successful premiumization efforts, cost savings, and expansion in EMEA & APAC markets and RTD portfolio
Read full SWOT analysis
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Molson Coors Brewing Co Class B Earnings Call Summary for Q4/2024

  • Net sales down 7.8%, U.S. volume drops 17.9%; 2024 revenue guidance adjusted to 1% decline
  • Reaffirms mid-single-digit growth for underlying pre-tax income and EPS; $856M in free cash flow for 2024 YTD
  • Coors Banquet volume up 8%; increased stake in Zoa energy drink to 51%
  • Expects improved Q4 performance; positive 2024 outlook driven by pricing, mix, and international growth
  • Focus on premiumization, brand investments, and non-alcoholic segment to navigate market challenges
Last Updated: 11/08/2024, 03:06 AM
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Compare TAP to Peers and Sector

Metrics to compare
TAP
Peers
Sector
Relationship
P/E Ratio
13.5x24.0x11.4x
PEG Ratio
0.050.090.03
Price/Book
0.9x2.4x1.5x
Price / LTM Sales
1.1x1.4x0.9x
Upside (Analyst Target)
0.8%14.2%17.8%
Fair Value Upside
Unlock12.1%8.1%Unlock

Analysts' Recommendations

4 Buy
13 Hold
3 Sell
Ratings:
21 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 61.65

(-0.18% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.44
Dividend Yield
2.86%
Industry Median 2.57%
Annualized payout
1.7600
Paid quarterly
5-Years Growth
-0.79%
Growth Streak

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FAQ

What Is the Molson Coors Brewing B (TAP) Stock Price Today?

The Molson Coors Brewing B stock price today is 61.76

What Stock Exchange Does Molson Coors Brewing B Trade On?

Molson Coors Brewing B is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Molson Coors Brewing B?

The stock symbol for Molson Coors Brewing B is "TAP."

Does Molson Coors Brewing B Pay Dividends? What’s The Current Dividend Yield?

The Molson Coors Brewing B dividend yield is 2.85%.

What Is the Molson Coors Brewing B Market Cap?

As of today, Molson Coors Brewing B market cap is 12.72B.

What is Molson Coors Brewing B Earnings Per Share?

The Molson Coors Brewing B EPS is 4.44.

What Is the Next Molson Coors Brewing B Earnings Date?

Molson Coors Brewing B will release its next earnings report on Feb 18, 2025.

From a Technical Analysis Perspective, Is TAP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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