Molson Coors Beverage Co. Cl B (TAP): Price and Financial Metrics
TAP Price/Volume Stats
Current price | $60.26 | 52-week high | $70.90 |
Prev. close | $59.73 | 52-week low | $49.32 |
Day low | $59.20 | Volume | 2,414,600 |
Day high | $60.31 | Avg. volume | 1,492,607 |
50-day MA | $62.09 | Dividend yield | 2.68% |
200-day MA | $62.86 | Market Cap | 13.00B |
TAP Stock Price Chart Interactive Chart >
TAP POWR Grades
- TAP scores best on the Growth dimension, with a Growth rank ahead of 92.72% of US stocks.
- TAP's strongest trending metric is Value; it's been moving up over the last 26 weeks.
- TAP ranks lowest in Momentum; there it ranks in the 13th percentile.
TAP Stock Summary
- MOLSON COORS BEVERAGE CO's stock had its IPO on January 1, 1986, making it an older stock than 92.92% of US equities in our set.
- With a price/earnings ratio of 49.5, MOLSON COORS BEVERAGE CO P/E ratio is greater than that of about 85.95% of stocks in our set with positive earnings.
- The volatility of MOLSON COORS BEVERAGE CO's share price is greater than that of merely 10.05% US stocks with at least 200 days of trading history.
- Stocks that are quantitatively similar to TAP, based on their financial statements, market capitalization, and price volatility, are IP, JBHT, LH, TFII, and EXPD.
- TAP's SEC filings can be seen here. And to visit MOLSON COORS BEVERAGE CO's official web site, go to www.molsoncoors.com.
TAP Valuation Summary
- In comparison to the median Consumer Defensive stock, TAP's price/sales ratio is 15.79% higher, now standing at 1.1.
- TAP's price/earnings ratio has moved up 36.1 over the prior 243 months.
Below are key valuation metrics over time for TAP.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
TAP | 2023-12-22 | 1.1 | 0.9 | 49.0 | 24.1 |
TAP | 2023-12-21 | 1.1 | 0.9 | 48.7 | 24.0 |
TAP | 2023-12-20 | 1.1 | 0.9 | 48.9 | 24.1 |
TAP | 2023-12-19 | 1.1 | 1.0 | 49.7 | 24.4 |
TAP | 2023-12-18 | 1.1 | 1.0 | 49.4 | 24.3 |
TAP | 2023-12-15 | 1.1 | 0.9 | 49.3 | 24.2 |
TAP Growth Metrics
- The year over year cash and equivalents growth rate now stands at -32.66%.
- The year over year price growth rate now stands at -5.06%.
- Its year over year net income to common stockholders growth rate is now at 243.48%.
The table below shows TAP's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-12-31 | 10,701 | 1,502 | -175.3 |
2022-09-30 | 10,690.7 | 1,423.3 | 495.2 |
2022-06-30 | 10,578.2 | 1,491.8 | 731.8 |
2022-03-31 | 10,595.9 | 1,645.1 | 1,073.1 |
2021-12-31 | 10,279.7 | 1,573.5 | 1,005.7 |
2021-09-30 | 9,954.8 | 1,470.2 | -444.1 |
TAP's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- TAP has a Quality Grade of C, ranking ahead of 56.56% of graded US stocks.
- TAP's asset turnover comes in at 0.36 -- ranking 11th of 16 Beer & Liquor stocks.
- EAST, WVVI, and NBEV are the stocks whose asset turnover ratios are most correlated with TAP.
The table below shows TAP's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-09-30 | 0.360 | 0.411 | 0.005 |
2021-06-30 | 0.354 | 0.415 | 0.003 |
2021-03-31 | 0.338 | 0.410 | -0.008 |
2020-12-31 | 0.341 | 0.390 | -0.032 |
2020-09-30 | 0.344 | 0.390 | 0.099 |
2020-06-30 | 0.346 | 0.382 | 0.033 |
TAP Price Target
For more insight on analysts targets of TAP, see our TAP price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $57.44 | Average Broker Recommendation | 1.83 (Hold) |
Molson Coors Beverage Co. Cl B (TAP) Company Bio
The Molson Coors Beverage Company is an American-Canadian multinational drink and brewing company incorporated under Delaware General Corporation Law and headquartered in Chicago, Illinois. (Source:Wikipedia)
Latest TAP News From Around the Web
Below are the latest news stories about MOLSON COORS BEVERAGE CO that investors may wish to consider to help them evaluate TAP as an investment opportunity.
Is Molson Coors (TAP) Stock Undervalued Right Now?Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
The Bud Light Boycott Was Just the Beginning of a Crazy Year for BeerA Bud Light boycott in 2023 reshuffled the beer industry, vaulting Modelo Especial to the top spot in America. At the same time, many people simply stopped drinking beer altogether. |
2 Great Value Stocks to Buy for 2024Investors might want to consider buying stocks outside of technology heading into 2024. Some might also want to focus on stocks that are trading at solid valuations at a time when much of the market is rather overheated. |
Bud Light parent Anheuser-Busch's latest union issues may complicate its 2024 plansAnheuser-Busch InBev will be dealing with internal issues as it looks for recovery in 2024. |
Are Consumer Staples Stocks Lagging Ingredion (INGR) This Year?Here is how Ingredion (INGR) and Molson Coors Brewing (TAP) have performed compared to their sector so far this year. |
TAP Price Returns
1-mo | -4.04% |
3-mo | 2.89% |
6-mo | -4.90% |
1-year | 20.52% |
3-year | 32.85% |
5-year | 4.59% |
YTD | -1.55% |
2023 | 22.15% |
2022 | 14.39% |
2021 | 4.12% |
2020 | -15.19% |
2019 | -0.44% |
TAP Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching TAP
Want to see what other sources are saying about Molson Coors Beverage Co's financials and stock price? Try the links below:Molson Coors Beverage Co (TAP) Stock Price | Nasdaq
Molson Coors Beverage Co (TAP) Stock Quote, History and News - Yahoo Finance
Molson Coors Beverage Co (TAP) Stock Price and Basic Information | MarketWatch
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