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
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 |
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%.
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%.
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
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% |