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How to Buy Molson Coors Beverage Co Stock

Molson Coors Beverage Co

Molson Coors Beverage Co is a brewer beverage company located in Colorado, United States, which is part of the Consumer Defensive sector, and is traded under the ticker TAP on the NYSE exchange.

Molson Coors Beverage Co stock last closed at $62.42, down 0.75% from the previous day, and has increased 17.35% in one year. It has overperformed other stocks in the Beverages - Brewers industry by 0.13 percentage points. Molson Coors Beverage Co stock is currently +26.56% from its 52-week low of $49.32, and -11.96% from its 52-week high of $70.90.

As of Feb 29, 2024, there are 200.57M shares of TAP outstanding. The market capitalization of TAP is $12.52B. In the last 24 hours, 2.22M TAP shares were traded.

How to Buy Molson Coors Beverage Co Stock

Not sure how to invest in Molson Coors Beverage Co stock? Here's how.
  1. Decide where to buy Molson Coors Beverage Co stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Molson Coors Beverage Co stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your method of payment and add your details.
  4. Analyze Molson Coors Beverage Co stock: The Molson Coors Beverage Co ticker symbol is TAP. Is Molson Coors Beverage Co stock a good investment? Should you buy shares of TAP? How do TAP's underlying business fundamentals look? Do top analysts think Molson Coors Beverage Co is a good buy? Why has TAP's stock price moved recently? (Hint: Our stock research tools can help you figure out if TAP is a good stock to buy).
  5. Make your TAP purchase: Decide if you will purchase TAP shares at the current market price or use a limit order to buy TAP stock at a particular price.
  6. Watch your TAP position: Create a watchlist to the latest updates on your new investment in Molson Coors Beverage Co shares.

Step 1: Decide where to buy Molson Coors Beverage Co stock

You need a brokerage account in order to access the NYSE market and buy TAP shares.

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to invest in TAP stock today.

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Step 3: Deposit money your brokerage account

Now that you've filled out your info on our top ranked stock app, you need to deposit funds:

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Step 4: Analyze Molson Coors Beverage Co stock

Once you have figured out the best place to buy Molson Coors Beverage Co stock, it's critical to evaluate their stock prior to investing, so you can wrap your head around the risk as well as the upside.

Molson Coors Beverage Co quick stats

TAP Price
$62.42
1w %
-0.38%
1y %
17.35%
5y %
1.23%
P/E
14.22x
P/B
0.95x
P/S
1.15x
PEG
2.45x
Revenue
$11.70B
Earnings
$948.90M
Fore. Rev. Growth
1.06%
Fore. Earn. Growth
5.81%
Market Cap
$12.52B
Next Earnings
Apr 30, 2024
Next Dividend
Mar 15, 2024

Fundamentals of TAP

WallStreetZen was built to help part-time investors do better fundamental analysis quickly.

You can view all of the due diligence checks on TAP's stock page.

Is TAP stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TAP's fair value.

Using relative valuations ratios:

  • TAP could be undervalued based on its P/E ratio of 14.22x, relative to Beverages - Brewers industry P/E ratio of 52.86x
  • TAP may be undervalued based on its P/B ratio of 0.95x, relative to Beverages - Brewers industry P/B ratio of 1.79x
  • TAP may be overvalued based on its PEG ratio of 2.45x

You can do more valuation research on TAP's stock here.

TAP Financial Summary

Positive Financial Indicators:

  • TAP profit margin has gone up from -1.6% to 8.1% in the past year.
  • Total TAP debt is lower than 5 years ago, relative to shareholder equity.
  • TAP's operating cash flow of $2.08B allows it to safely service it's debt of $6.22B.
  • TAP earnings of $1.48B is not enough to cover its interest payments.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the TAP balance sheet.
  • TAP has a relatively high debt to equity ratio of 0.98.
  • There are more short-term liabilities than short-term assets on the TAP balance sheet.

Do analysts think it's a good time to buy TAP stock

Out of 9 sell side analysts who research TAP, the consensus analyst rating on Molson Coors Beverage Co is a Hold

Please note that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent TAP Analyst Upgrades/Downgrades

Filippo Falorni, a bottom 19% analyst from Citigroup maintains TAP with a hold rating and lowers their TAP price target from $72.00 to $65.00, on Oct 11, 2023.

Bill Kirk, a bottom 9% analyst from Roth MKM reiterates TAP with a strong buy rating and maintains their TAP price target from $77.00 to $77.00, on Oct 4, 2023.

Chris Carey, a top 17% analyst from Wells Fargo maintains TAP with a strong sell rating and raises their TAP price target from $64.00 to $65.00, on Oct 4, 2023.

Bryan Spillane, a top 25% analyst from Bank of America maintains TAP with a hold rating and raises their TAP price target from $70.00 to $72.00, on Oct 4, 2023.

You can dig deeper into what analysts are projecting on the Molson Coors Beverage Co stock forecast page.

TAP Technical Indicators

SMA10
62.54
SMA20
61.91
SMA50
62.1
SMA100
60.93
SMA200
62.82
MACD
0.19
MACD Signal
0.08
MACD Histogram
0.11
RSI
51.98
Stochastic %K
82.91
Stochastic %D
84.16
StochRSI %K
91.31
StochRSI %D
95.8

Is TAP Growing Revenue?

Last year, TAP earnings were $948.90M. In the past 5 year, TAP's earnings have increased by -3.22% per year. This was faster than the Beverages - Brewers industry average of -4.86%.

Last year, TAP revenue was $11.70B. Over the last five year, TAP's revenue has grown by 1.67% per year. This was slower than the Beverages - Brewers industry average of 2.91%.

Dive into TAP's earnings and revenue performance here.

What are TAP executives and large shareholders up to?

Over the last year, insiders at TAP have bought more shares than they have sold.

Tracey Joubert, Chief Financial Officer of TAP, was the latest TAP insider to sell. They sold $167,285.27 worth of TAP shares on Feb 12, 2024.

Learn more about who owns TAP shares here.

Can I get consistent income from TAP stock?

Molson Coors Beverage Co pays a dividend of 3.33%, compared to the Beverages - Brewers industry's average dividend yield of 2.89%. If you owned $1,000 of TAP stock, you would have been paid $33.32 in the past 12 months.

Molson Coors Beverage Co dividend payments have consistently grown over the past decade but have not remained stable.

Find more data about Molson Coors Beverage Co dividend yield and history here.

What do other traders have to say about TAP?

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Step 5: Make your TAP purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will execute your order.

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Step 6: Watch your TAP position

Now that you own some TAP stock, you'll want to keep up with your new investment.

Make a watchlist to track the most important metrics related to your TAP stock.

TAP Feed

How to Buy Stock in Molson Coors Beverage Co

To reiterate, here are the 6 steps for buying Molson Coors Beverage Co stock:

  1. Decide where to buy Molson Coors Beverage Co stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Molson Coors Beverage Co stock
  5. Make your TAP purchase
  6. Watch your TAP position

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If you want to monitor your investment in Molson Coors Beverage Co, click below.

NYSE: TAP
$62.42-0.47 (-0.75%)
Updated Feb 29, 2024
Open eToro Account
NYSE: TAP
$62.42-0.47 (-0.75%)
Updated Feb 29, 2024
Open eToro Account

FAQ

How much does it cost to buy one Molson Coors Beverage Co share?

As of Feb 29, 2024, it costs $62.42 to buy one share of Molson Coors Beverage Co stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.16 shares of TAP.

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Is now a good time to buy Molson Coors Beverage Co stock?

According to 9 Wall Street analysts who monitor Molson Coors Beverage Co, their consensus recommendation is to hold Molson Coors Beverage Co stock.

What is the best way to buy Molson Coors Beverage Co stock?

One way to place an order for Molson Coors Beverage Co stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.