Molson Coors Beverage Company (TAP) concluded trading on Thursday at a closing price of $58.99, with 3.17 million shares of worth about $186.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.19% during that period and on March 20, 2025 the price saw a gain of about 1.20%. Currently the company’s common shares owned by public are about 190.70M shares, out of which, 166.70M shares are available for trading.
Stock saw a price change of 0.39% in past 5 days and over the past one month there was a price change of -1.91%. Year-to-date (YTD), TAP shares are showing a performance of 2.91% which decreased to -12.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $49.19 but also hit the highest price of $69.18 during that period. The average intraday trading volume for Molson Coors Beverage Company shares is 2.09 million. The stock is currently trading -2.12% below its 20-day simple moving average (SMA20), while that difference is up 2.88% for SMA50 and it goes to 5.66% higher than SMA200.
Molson Coors Beverage Company (NYSE: TAP) currently have 190.70M outstanding shares and institutions hold larger chunk of about 82.28% of that.
The stock has a current market capitalization of $11.96B and its 3Y-monthly beta is at 0.72. PE ratio of stock for trailing 12 months is 11.03, while it has posted earnings per share of $5.35 in the same period. Its PEG reads 2.07 and has Quick Ratio of 0.70 while making debt-to-equity ratio of 0.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TAP, volatility over the week remained 1.90% while standing at 2.54% over the month.
Stock’s fiscal year EPS is expected to rise by 6.48% while it is estimated to increase by 5.59% in next year. EPS is likely to shrink at an annualized rate of 5.33% for next 5-years, compared to annual growth of 36.84% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on March 13, 2025 offering an Equal weight rating for the stock and assigned a target price range of between $56 and $62 to it. Coverage by Citigroup stated Molson Coors Beverage Company (TAP) stock as a Neutral in their note to investors on February 05, 2025, suggesting a price target of $57 for the stock. On December 06, 2024, BofA Securities Upgrade their recommendations, while on December 06, 2024, Needham Initiated their ratings for the stock with a price target of $72. Stock get a Neutral rating from Exane BNP Paribas on November 25, 2024.
