Analysts’ Weekly Ratings Changes for Molson Coors Beverage (TAP)

A number of research firms have changed their ratings and price targets for Molson Coors Beverage (NYSE: TAP):

• 2/2/2025 – Molson Coors Beverage was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/30/2025 – Molson Coors Beverage had its price target lowered by analysts at JPMorgan Chase & Co. from $59.00 to $58.00. They now have a “neutral” rating on the stock.
• 1/25/2025 – Molson Coors Beverage was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/17/2025 – Molson Coors Beverage had its price target lowered by analysts at Barclays PLC from $51.00 to $48.00. They now have an “underweight” rating on the stock.
• 1/16/2025 – Molson Coors Beverage had its price target lowered by analysts at UBS Group AG from $60.00 to $58.00. They now have a “neutral” rating on the stock.
• 1/13/2025 – Molson Coors Beverage was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/1/2025 – Molson Coors Beverage was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/13/2024 – Molson Coors Beverage was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Molson Coors Beverage Stock Down 0.9 %

NYSE TAP opened at $52.93 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.74 and a current ratio of 0.99. The firm has a 50-day simple moving average of $57.51 and a 200 day simple moving average of $56.25. Molson Coors Beverage has a twelve month low of $49.19 and a twelve month high of $69.18. The stock has a market cap of $10.90 billion, a PE ratio of 11.92, a PEG ratio of 2.52 and a beta of 0.85.

Molson Coors Beverage (NYSE:TAP) last released its earnings results on Thursday, November 7th. The company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.13. Molson Coors Beverage had a net margin of 6.78% and a return on equity of 9.24%. The business had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $3.13 billion. During the same quarter last year, the company earned $1.92 earnings per share. The firm’s revenue was down 7.8% on a year-over-year basis. On average, research analysts forecast that Molson Coors Beverage will post 5.79 EPS for the current year.

Molson Coors Beverage Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 3.33%. The ex-dividend date was Friday, December 6th. Molson Coors Beverage’s payout ratio is presently 39.64%.

Institutional Investors Weigh In On Molson Coors Beverage

Hedge funds have recently made changes to their positions in the stock. Clark Estates Inc. NY lifted its stake in Molson Coors Beverage by 18.1% during the third quarter. Clark Estates Inc. NY now owns 60,000 shares of the company’s stock worth $3,451,000 after purchasing an additional 9,200 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Molson Coors Beverage by 1.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 35,572 shares of the company’s stock worth $2,046,000 after purchasing an additional 563 shares during the period. Qsemble Capital Management LP lifted its stake in Molson Coors Beverage by 23.5% during the third quarter. Qsemble Capital Management LP now owns 48,474 shares of the company’s stock worth $2,788,000 after purchasing an additional 9,234 shares during the period. Principal Financial Group Inc. lifted its stake in Molson Coors Beverage by 4.7% during the third quarter. Principal Financial Group Inc. now owns 211,812 shares of the company’s stock worth $12,183,000 after purchasing an additional 9,510 shares during the period. Finally, FMR LLC lifted its stake in Molson Coors Beverage by 23.2% during the third quarter. FMR LLC now owns 716,311 shares of the company’s stock worth $41,202,000 after purchasing an additional 134,689 shares during the period. Institutional investors own 78.46% of the company’s stock.

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, spirits and energy, and ready to drink beverages.