Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
TAP

TAP - Molson Coors Brewing Co Stock Price, Fair Value and News

58.48USD+0.21 (+0.36%)Delayed as of 08 May 2024, 02:23 pm ET

Market Summary

TAP
USD58.48+0.21
Delayedas of 08 May 2024, 02:23 pm
0.36%

TAP Alerts

  • Big jump in Earnings (Y/Y)

TAP Stock Price

View Fullscreen

TAP RSI Chart

TAP Valuation

Market Cap

12.4B

Price/Earnings (Trailing)

11.44

Price/Sales (Trailing)

0.88

EV/EBITDA

7.42

Price/Free Cashflow

5.9

TAP Price/Sales (Trailing)

TAP Profitability

EBT Margin

10.00%

Return on Equity

8.13%

Return on Assets

4.16%

Free Cashflow Yield

16.95%

TAP Fundamentals

TAP Revenue

Revenue (TTM)

14.2B

Rev. Growth (Yr)

9.89%

Rev. Growth (Qtr)

-8.51%

TAP Earnings

Earnings (TTM)

1.1B

Earnings Growth (Yr)

186.62%

Earnings Growth (Qtr)

101.16%

Breaking Down TAP Revenue

52 Week Range

58.2870.90
(Low)(High)

Last 7 days

1.8%

Last 30 days

-13.4%

Last 90 days

-2.4%

Trailing 12 Months

-9.6%

How does TAP drawdown profile look like?

TAP Financial Health

Current Ratio

0.69

Debt/Equity

0.4

Debt/Cashflow

0.4

TAP Investor Care

Dividend Yield

1%

Dividend/Share (TTM)

0.57

Buy Backs (1Y)

1.76%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202414.2B000
202312.9B13.3B13.7B13.9B
202212.8B12.8B12.9B12.8B
202111.4B12.0B12.0B12.4B
202012.7B12.2B12.0B11.7B
201913.3B13.1B12.9B13.0B
201813.4B13.5B13.5B13.3B
20177.1B9.9B12.6B13.5B
20161.9B2.5B3.0B4.9B
20155.1B3.8B2.6B1.6B
20146.0B6.0B6.0B5.9B
20132.6B3.8B5.0B6.0B
20124.5B3.5B2.6B1.7B
20113.6B4.1B4.6B5.2B
20103.0B3.1B3.1B3.3B
20095.7B4.1B3.6B3.2B
200807.8B7.2B6.7B
20070008.3B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Molson Coors Brewing Co

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 31, 2024
herington charles m
acquired
-
-
196
-
Mar 04, 2024
stelter roxanne
acquired
-
-
702
vp,controller & chf acct off
Mar 04, 2024
joubert tracey
acquired
-
-
7,620
chief financial officer
Mar 04, 2024
maciolek natalie g.
acquired
-
-
4,813
chief legal & govt affairs off
Mar 04, 2024
yeskov sergey
acquired
-
-
6,016
pres&ceo, molson coors europe
Mar 04, 2024
st. jacques michelle
acquired
-
-
6,016
chief commercial officer
Mar 04, 2024
coors david s.
acquired
-
-
402
-
Mar 04, 2024
hattersley gavin
acquired
-
-
30,077
president & ceo
Mar 02, 2024
coors david s.
acquired
-
-
1,691
-
Mar 02, 2024
coors david s.
sold (taxes)
-56,848
62.13
-915
-

1–10 of 50

Which funds bought or sold TAP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
DiNuzzo Private Wealth, Inc.
unchanged
-
175
1,951
-%
May 06, 2024
LSV ASSET MANAGEMENT
reduced
-0.44
36,541,000
425,749,000
0.88%
May 06, 2024
Hilltop National Bank
new
-
13,450
13,450
-%
May 06, 2024
Empirical Finance, LLC
added
3.45
54,736
455,417
0.03%
May 06, 2024
AMG National Trust Bank
unchanged
-
1,888,380
21,025,600
0.61%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
added
41.6
1,641,000
4,592,000
0.03%
May 06, 2024
Investors Research Corp
reduced
-4.78
39,898
904,244
0.21%
May 06, 2024
Candriam S.C.A.
added
15.01
181,851
871,964
0.01%
May 06, 2024
Sciencast Management LP
sold off
-100
-783,488
-
-%
May 06, 2024
Empowered Funds, LLC
new
-
1,334,440
1,334,440
0.02%

1–10 of 49

Are Funds Buying or Selling TAP?

Are funds buying TAP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TAP
No. of Funds

Unveiling Molson Coors Brewing Co's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
dodge & cox
7.3%
14,652,014
SC 13G/A
Feb 13, 2024
vanguard group inc
10.91%
21,917,485
SC 13G/A
Jan 26, 2024
blackrock inc.
7.4%
14,948,787
SC 13G/A
Aug 10, 2023
dodge & cox
7.7%
15,375,214
SC 13G/A
Feb 14, 2023
dodge & cox
13.5%
27,087,904
SC 13G/A
Feb 09, 2023
vanguard group inc
10.90%
21,825,412
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
15,911,020
SC 13G/A
Feb 14, 2022
dodge & cox
15.3%
30,615,810
SC 13G/A
Feb 10, 2022
vanguard group inc
10.02%
20,094,866
SC 13G/A
Feb 01, 2022
blackrock inc.
9.0%
18,003,081
SC 13G/A

Recent SEC filings of Molson Coors Brewing Co

View All Filings
Date Filed Form Type Document
Apr 30, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Apr 03, 2024
ARS
ARS
Apr 03, 2024
DEF 14A
DEF 14A
Apr 03, 2024
DEFA14A
DEFA14A
Apr 02, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to Molson Coors Brewing Co)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
269.9B
46.1B
5.26% -2.00%
25.02
5.86
5.93% 9.28%
244.7B
91.9B
5.25% -7.93%
26.65
2.66
4.36% 39.55%
57.0B
7.3B
-2.15% -7.35%
34.44
7.76
13.08% 27.77%
45.8B
14.9B
9.91% 2.95%
21.15
3.07
4.17% 64.49%
17.9B
1.3B
-8.28% 116.08%
68.13
13.62
101.65% 272.45%
MID-CAP
4.4B
1.2B
-4.33% -8.24%
26.18
3.75
0.91% 20.76%
3.3B
2.2B
-7.26% -12.42%
33.68
1.53
-2.28% 62.30%
3.2B
1.8B
12.33% 41.26%
50.33
1.81
4.64% 8.69%
SMALL-CAP
1.8B
806.1M
-0.06% -20.34%
18.34
2.21
2.28% -5.58%
1.5B
495.6M
-0.91% 11.76%
27.21
2.97
12.34% 340.63%
929.0M
396.9M
-11.86% -45.19%
14.08
2.34
4.10% 18.38%
27.4M
8.1M
75.00% 51.20%
-9.7
3.37
-11.30% 54.00%
2.0M
10.8M
23.96% -68.01%
-0.27
0.19
-24.63% 53.68%
-
62.6M
-100.00% -100.00%
-
-
7.31% 42.62%

Molson Coors Brewing Co News

Latest updates
Yahoo Finance UK • 4 hours ago
Yahoo Lifestyle UK • 06 May 2024 • 01:39 pm
Yahoo Movies Canada • 03 May 2024 • 09:52 pm
Yahoo Movies UK • 03 May 2024 • 08:53 pm
Yahoo Movies UK • 03 May 2024 • 08:53 pm
Yahoo Finance • 19 Mar 2024 • 07:00 am
Schaeffers Research • 15 Mar 2024 • 07:00 am
CNN • 8 months ago

Molson Coors Brewing Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-8.5%3,0493,3333,9063,8712,7753,1453,5173,5012,6433,1943,4353,5642,2562,7783,3783,0302,5383,0913,4983,6202,800
Gross Profit-6.7%9641,0331,3461,2197719249848209288571,1941,2727318951,2031,0476249661,1561,189890
  S&GA Expenses-4.2%655683747735615576660708676665665682543648635525630613690770655
EBITDA Margin5.1%0.16*0.16*0.11*0.09*0.06*0.07*0.12*0.14*0.18*0.18*0.07*0.07*0.07*0.05*0.18*0.11*0.10*0.12*0.11*0.17*0.18*
Interest Expenses-9.8%54.0060.0056.0059.0060.0066.0058.0065.0062.0067.0062.0067.0064.0072.0067.0068.0068.0074.0067.0068.0072.00
Income Taxes-7.5%56.0060.0011295.0029.0026.0055.007.0036.0027.0027.0013244.0037.00104205-43.3040.0091.0070.0032.00
Earnings Before Taxes60.4%265166544441102-56427355.00174110481523126-1,337450402-158207-308401181
EBT Margin10.9%0.10*0.09*0.04*0.02*-0.01*0.00*0.05*0.06*0.10*0.10*-0.02*-0.02*-0.03*-0.05*0.07*0.01*0.01*0.04*0.03*0.08*0.09*
Net Income101.2%20810343134273.00-59021647.0015280.0045338984.00-1,369343195-117164-402329151
Net Income Margin12.0%0.08*0.07*0.02*0.00*-0.02*-0.01*0.04*0.06*0.08*0.08*-0.04*-0.05*-0.07*-0.08*0.05*-0.01*0.00*0.02*0.01*0.07*0.07*
Free Cashflow-94.6%25.004757108913.00385451786-119306519939-1902034331,078-18.10609460927-98.50
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.1%26,07226,37526,56826,79025,85325,86826,70927,38827,72227,61927,64428,52027,16427,33128,67528,63928,46128,86028,75230,06229,824
  Current Assets-6.0%2,6772,8493,0883,3292,5522,6382,7492,8722,8712,7792,9203,6022,3662,4192,6412,5432,3732,1842,2872,6002,338
    Cash Equivalents-47.2%4588698029613286005254423596376161,309533770731781666523410490234
  Inventory8.6%871802853863916793867872936805807750746664658639682616643698688
  Net PPE-------------4,1444,2504,1804,3444,3944,5474,4324,5054,553
  Goodwill-0.1%5,3215,3255,3215,2965,2925,2926,1336,1496,1556,1536,1526,1576,1546,1517,6247,5627,5397,6317,5498,2898,279
Liabilities-1.7%12,71412,94013,08013,53312,93412,95313,31213,78513,95113,95514,12115,28414,33014,71014,90015,37115,51515,18715,34515,91715,936
  Current Liabilities-5.6%3,8634,0934,2383,8303,3063,3753,5913,5143,5553,6223,7804,8923,5963,9104,3113,8064,0033,6963,8894,0804,202
  Long Term Debt0.0%5,3125,3125,3016,1926,1786,1656,0836,5586,6326,6476,6616,7027,1817,2087,1308,0748,0328,1108,0598,5188,485
    LT Debt, Current-2.1%872890-------------------
    LT Debt, Non Current0.0%5,3125,3125,3016,1926,1786,1656,0836,5586,6326,6476,6616,7027,1817,2087,1308,0748,0328,1108,0598,5188,485
Shareholder's Equity-0.6%13,12013,19613,24613,25712,91912,91513,39713,60313,77113,66413,52313,23612,83412,62113,77613,26812,94613,67313,40714,14513,888
  Retained Earnings1.5%7,5977,4847,4707,1296,8776,8947,5677,4347,4707,4027,3967,0176,6286,5447,9147,5717,3767,6177,5778,1037,862
  Additional Paid-In Capital0.0%7,1077,1087,1007,0607,0267,0066,9946,9846,9766,9716,9646,9556,9476,9386,9316,7866,7816,7746,7736,7836,776
Accumulated Depreciation----------3,507---3,416---3,005---
Shares Outstanding-1.5%213216216217217217217217217217217217217217217217217217217217217
Minority Interest-0.2%211211214226223226226230239247247252253256263265259254244246241
Float----12,000---9,900---9,800---6,300---10,200-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-94.6%25,400474,500710,100891,0003,400384,500450,700786,100-119,300305,800519,200939,400-190,900202,500433,3001,078,000-18,100609,100460,200926,500-98,500
  Share Based Compensation18.5%12,80010,80013,80010,5009,8007,9008,8008,4008,5007,4008,2008,2008,3006,2006,2005,9005,9001,000-11,1007,20011,400
Cashflow From Investing-22.7%-212,500-173,200-327,900-163,200-177,400-120,200-135,400-143,300-226,200-156,800-153,000-115,500-84,60037,700-109,800-121,500-220,000-114,300-151,20026,800-194,600
Cashflow From Financing14.5%-216,200-252,800-526,700-99,400-102,500-216,700-203,000-542,30072,500-122,600-1,045,700-48,90045,000-229,100-391,500-848,500398,700-393,400-377,700-701,100-534,800
  Dividend Payments10.0%96,80088,00088,50088,70089,50082,20082,20082,50082,40073,90073,700200---1,900123,4005,000,000123,50088,70088,700
  Buy Backs-21.6%113,600144,90034,20012,10014,60012,70012,60012,10014,100------------
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

TAP Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Sales$ 3,049.3$ 2,774.8
Excise taxes(452.9)(428.5)
Net sales2,596.42,346.3
Cost of goods sold(1,632.9)(1,575.6)
Gross profit963.5770.7
Marketing, general and administrative expenses(654.6)(615.0)
Other operating income (expense), net6.3(0.5)
Equity income (loss)(0.9)3.0
Operating income (loss)314.3158.2
Interest income (expense), net(48.4)(59.1)
Other pension and postretirement benefit (cost), net7.42.6
Other non-operating income (expense), net(7.9)0.2
Income (loss) before income taxes265.4101.9
Income tax benefit (expense)(55.5)(28.7)
Net income (loss)209.973.2
Net (income) loss attributable to noncontrolling interests(2.1)(0.7)
Net income (loss) attributable to Molson Coors Beverage Company$ 207.8$ 72.5
Net income (loss) attributable to Molson Coors Beverage Company per share  
Basic (in dollars per share)$ 0.98$ 0.33
Diluted (in dollars per share)$ 0.97$ 0.33
Weighted-average shares outstanding  
Basic (in shares)212.7216.5
Dilutive effect of share-based awards (in shares)1.50.8
Diluted (in shares)214.2217.3

TAP Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 458.4$ 868.9
Trade receivables, net894.1757.8
Other receivables, net122.1121.6
Inventories, net870.9802.3
Other current assets, net331.5297.9
Total current assets2,677.02,848.5
Property, plant and equipment, net4,443.04,444.5
Goodwill5,321.35,325.3
Other intangibles, net12,472.312,614.6
Other assets1,158.71,142.2
Total assets26,072.326,375.1
Current liabilities  
Accounts payable and other current liabilities2,957.53,180.8
Current portion of long-term debt and short-term borrowings905.5911.8
Total current liabilities3,863.04,092.6
Long-term debt5,312.25,312.1
Pension and postretirement benefits459.3465.8
Deferred tax liabilities2,706.82,697.2
Other liabilities372.8372.3
Total liabilities12,714.112,940.0
Commitments and contingencies (Note 10)
Redeemable noncontrolling interest27.327.9
Capital stock  
Preferred stock, $0.01 par value (authorized: 25.0 shares; none issued)0.00.0
Paid-in capital7,106.97,108.4
Retained earnings7,597.47,484.3
Accumulated other comprehensive income (loss)(1,192.6)(1,116.3)
Class B common stock held in treasury at cost (15.7 shares and 13.9 shares, respectively)(846.8)(735.6)
Total Molson Coors Beverage Company stockholders' equity13,120.113,196.0
Noncontrolling interests210.8211.2
Total equity13,330.913,407.2
Total liabilities and equity26,072.326,375.1
Common Class A  
Capital stock  
Common stock issued0.00.0
Common Class B  
Capital stock  
Common stock issued2.12.1
Exchangeable Class A  
Capital stock  
Exchangeable shares issued100.8100.8
Exchangeable Class B  
Capital stock  
Exchangeable shares issued$ 352.3$ 352.3
TAP
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel's, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian Lager, Molson Dry, Molson Export, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is headquartered in Golden, Colorado.
 CEO
 WEBSITEmolsoncoors.com
 INDUSTRYBeverages Non-Alcoholic
 EMPLOYEES16600

Molson Coors Brewing Co Frequently Asked Questions


What is the ticker symbol for Molson Coors Brewing Co? What does TAP stand for in stocks?

TAP is the stock ticker symbol of Molson Coors Brewing Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Molson Coors Brewing Co (TAP)?

As of Tue May 07 2024, market cap of Molson Coors Brewing Co is 12.4 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TAP stock?

You can check TAP's fair value in chart for subscribers.

What is the fair value of TAP stock?

You can check TAP's fair value in chart for subscribers. The fair value of Molson Coors Brewing Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Molson Coors Brewing Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TAP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Molson Coors Brewing Co a good stock to buy?

The fair value guage provides a quick view whether TAP is over valued or under valued. Whether Molson Coors Brewing Co is cheap or expensive depends on the assumptions which impact Molson Coors Brewing Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TAP.

What is Molson Coors Brewing Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, TAP's PE ratio (Price to Earnings) is 11.44 and Price to Sales (PS) ratio is 0.88. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TAP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Molson Coors Brewing Co's stock?

In the past 10 years, Molson Coors Brewing Co has provided 0.008 (multiply by 100 for percentage) rate of return.