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 $53.58, down 0.07% from the previous day, and has increased 12.94% in one year. It has overperformed other stocks in the Beverages - Brewers industry by 0.16 percentage points. Molson Coors Beverage Co stock is currently +14.77% from its 52-week low of $46.69, and -10.88% from its 52-week high of $60.12.
As of Feb 6, 2023, there are 202.71M shares of TAP outstanding. The market capitalization of TAP is $10.86B. In the last 24 hours, 1.94M TAP shares were traded.
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You can view all of the due diligence checks on TAP's stock page.
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TAP's fair value.
Using relative valuations ratios:
You can do more valuation research on TAP's stock here.
Out of 11 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.
Vivien Azer, a top 40% analyst from Cowen & Co. upgrades TAP to a buy rating and raises their TAP price target from $55.00 to $60.00, on Jan 6, 2023.
Chris Carey, a top 25% analyst from Wells Fargo downgrades TAP to a strong sell rating and announces their TAP price target of $45.00, on Jan 3, 2023.
Steve Powers, a top 14% analyst from Deutsche Bank downgrades TAP to a strong sell rating and announces their TAP price target of $50.00, on Dec 6, 2022.
Kaumil Gajrawala, a bottom 2% analyst from Credit Suisse maintains TAP with a sell rating and lowers their TAP price target from $49.00 to $48.00, on Oct 27, 2022.
Gerald Pascarelli, a top 45% analyst from Wedbush initiates coverage on TAP with a hold rating and announces their TAP price target of $50.00, on Oct 11, 2022.
You can dig deeper into what analysts are projecting on the Molson Coors Beverage Co stock forecast page.
Last year, TAP earnings were $495.20M. In the past 5 year, TAP's earnings have increased by -23.6% per year. This was slower than the Beverages - Brewers industry average of -4.01%.
Last year, TAP revenue was $10.69B. Over the last five year, TAP's revenue has grown by -0.05% per year. This was slower than the Beverages - Brewers industry average of 2.04%.
Dive into TAP's earnings and revenue performance here.
Over the last year, insiders at TAP have sold more shares than they have bought.
Jacques Michelle St, Chief Marketing Officer of TAP, was the latest TAP insider to sell. They sold $213,344.32 worth of TAP shares on Jan 1, 2023.
Learn more about who owns TAP shares here.
Molson Coors Beverage Co pays a dividend of 2.84%, compared to the Beverages - Brewers industry's average dividend yield of 3.4%. If you owned $1,000 of TAP stock, you would have been paid $28.37 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.
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