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TAP

CONSUMER DEFENSIVE

Molson Coors Brewing Co Class B

AI Stock Analysis· Neutral
Jun 22 · 7:45 PM ET

Molson Coors Brewing Co Class B (TAP) is currently trading at $39.64, reflecting a modest increase of 0.61% today. The technical indicators suggest a bearish sentiment, with the Relative Strength Index (RSI) at 43.5, indicating that the stock is nearing oversold conditions. The stock is trading below its short-term (SMA20: $40.15) and medium-term (SMA50: $41.67) moving averages, while the long-term SMA200 stands at $45.47. The MACD is also negative at -0.49, further supporting the bearish outlook, although the histogram shows a slight uptick at 0.04. This combination of indicators suggests a lack of upward momentum in the near term.

From a fundamental perspective, Molson Coors is grappling with significant challenges as reflected in its financial metrics. The company reported an EPS of $-10.55, with a staggering year-over-year revenue decline of 418.2%, although it saw a slight revenue growth of 2.0% quarter-over-quarter. The gross margin is exceptionally high at 3757.7%, but this is countered by an operating margin of -2101.2%, indicating severe operational inefficiencies. The forward P/E ratio of 8.2 indicates that the stock may be undervalued relative to its earnings potential, but the negative ROE of -18.1% raises concerns over management effectiveness. Analyst consensus leans towards a "HOLD" rating, with a target price of $46.00, suggesting limited upside potential at current levels.

Looking ahead, there are no upcoming earnings reports scheduled within the next 30 days, which may limit immediate catalysts for price movement. However, the recent news of a director selling shares worth $52,912 could raise red flags about insider confidence. Investors should closely monitor any developments regarding margin expansion or potential revenue recovery, as these factors will be critical in assessing the company's ability to reverse its current trajectory. The significant EPS growth of 35.6% quarter-over-quarter could provide a glimmer of hope, but sustained operational improvements will be necessary to regain investor trust.

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52-Week Range

$38.04$53.62

$39.69

Fundamentals

Market Cap$7.4B
P/E Ratio
EPS$-10.55
Dividend Yield4.80%
Dividend / Share$1.89
ROE-18.1%
Profit Margin-18.9%
Debt / Equity

Trading

Volume336K
Avg Volume (10D)
Shares Outstanding175.2M

TAP News

39 articles

Price Data

Open$40.22
Previous Close$39.64
Day High$40.28
Day Low$39.64
52 Week High$53.62
52 Week Low$38.04

About Molson Coors Brewing Co Class B

The Molson Coors Beverage Company, commonly known as Molson Coors, is a multinational drink and brewing company headquartered in Chicago in the United States.

16.2K employees
Listed June 10, 1975
CONSUMER DEFENSIVEBEVERAGES - BREWERS

Company Details

Security TypeCommon Stock
ExchangeNYSE
CurrencyUSD
Round Lot
SICBEVERAGES - BREWERS
CIK
Composite FIGI
Share Class FIGI