TAP 📈 Molson Coors BrewingClass B - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US60871R2094

TAP: Beer, Malt Beverages, Hard Seltzers, Craft, Spirits, Energy Drinks

Molson Coors Beverage Company is a multinational brewing company that operates on a global scale, with a diverse portfolio of brands and products that cater to various markets and consumer preferences. The company's product lineup includes a wide range of beer and malt beverage products, such as flavored malt beverages, hard seltzers, craft beers, spirits, energy drinks, and ready-to-drink beverages. Its brand portfolio is equally impressive, with a mix of premium, super premium, and economy brands that are well-known in different regions, including the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Some of the company's notable brands include Aspall Cider, Blue Moon, Coors Original, and Leinenkugel's, which are classified as super premium brands, offering high-quality products with unique characteristics and flavor profiles. The company also has a range of premium brands, such as Bergenbier, Carling, Coors Banquet, and Miller Lite, which are popular in various markets and are known for their quality and consistency. Additionally, Molson Coors Beverage Company offers a selection of economy brands, including Branik, Icehouse, Keystone, and Steel Reserve, which provide affordable options for price-conscious consumers.

With a rich history dating back to 1774, Molson Coors Beverage Company has evolved over the years, with a series of mergers, acquisitions, and strategic partnerships that have helped shape the company into what it is today. Formerly known as Molson Coors Brewing Company, the company changed its name to Molson Coors Beverage Company in January 2020, reflecting its expanded product portfolio and commitment to innovation and growth. Headquartered in Golden, Colorado, the company is listed on the New York Stock Exchange (NYSE) under the ticker symbol TAP, and its common stock is classified under the GICS Sub Industry: Brewers, with the ISIN code US60871R2094.

As a leading player in the global brewing industry, Molson Coors Beverage Company is committed to delivering high-quality products, investing in innovation and marketing, and building strong relationships with its customers, partners, and stakeholders. With a strong online presence, including its website at https://www.molsoncoors.com, the company provides easy access to information about its products, brands, and operations, as well as its commitment to sustainability, social responsibility, and community engagement. As the company continues to navigate the complexities of the global beverage market, it remains focused on its core mission of delivering exceptional products and experiences to its customers, while driving long-term growth and value creation for its shareholders.

Additional Sources for TAP Stock

TAP Stock Overview

Market Cap in USD 12,681m
Sector Consumer Defensive
Industry Beverages - Brewers
GiC Sub-Industry Brewers
IPO / Inception 1984-09-07

TAP Stock Ratings

Growth 5y 28.9%
Fundamental 15.0%
Dividend 47.4%
Rel. Strength Industry -122
Analysts 3.14/5
Fair Price Momentum 58.00 USD
Fair Price DCF 153.69 USD

TAP Dividends

Dividend Yield 12m 2.97%
Yield on Cost 5y 3.72%
Annual Growth 5y -3.50%
Payout Consistency 94.3%

TAP Growth Ratios

Growth Correlation 3m 72.9%
Growth Correlation 12m -32.1%
Growth Correlation 5y 79.6%
CAGR 5y 4.61%
CAGR/Mean DD 5y 0.29
Sharpe Ratio 12m -0.09
Alpha -18.91
Beta 0.66
Volatility 20.32%
Current Volume 4913.5k
Average Volume 20d 1902.7k
What is the price of TAP stocks?
As of December 21, 2024, the stock is trading at USD 59.34 with a total of 4,913,500 shares traded.
Over the past week, the price has changed by -3.76%, over one month by -2.84%, over three months by +6.78% and over the past year by -2.96%.
Is Molson Coors BrewingClass B a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Molson Coors BrewingClass B is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 14.97 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TAP as of December 2024 is 58.00. This means that TAP is currently overvalued and has a potential downside of -2.26%.
Is TAP a buy, sell or hold?
Molson Coors BrewingClass B has received a consensus analysts rating of 3.14. Therefor, it is recommend to hold TAP.
  • Strong Buy: 2
  • Buy: 4
  • Hold: 13
  • Sell: 1
  • Strong Sell: 2
What are the forecast for TAP stock price target?
According to ValueRays Forecast Model, TAP Molson Coors BrewingClass B will be worth about 62.7 in December 2025. The stock is currently trading at 59.34. This means that the stock has a potential upside of +5.71%.
Issuer Forecast Upside
Wallstreet Target Price 62.7 5.7%
Analysts Target Price 67.6 13.9%
ValueRay Target Price 62.7 5.7%