Molson Coors Beverage Company (TAP) concluded trading on Thursday at a closing price of $54.26, with 6.87 million shares of worth about $372.81 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.60% during that period and on May 08, 2025 the price saw a loss of about -4.54%. Currently the company’s common shares owned by public are about 190.70M shares, out of which, 166.76M shares are available for trading.
Stock saw a price change of -5.22% in past 5 days and over the past one month there was a price change of -7.26%. Year-to-date (YTD), TAP shares are showing a performance of -5.34% which decreased to -5.26% 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 $64.66 during that period. The average intraday trading volume for Molson Coors Beverage Company shares is 2.50 million. The stock is currently trading -6.50% below its 20-day simple moving average (SMA20), while that difference is down -8.58% for SMA50 and it goes to -5.04% lower than SMA200.
Molson Coors Beverage Company (NYSE: TAP) currently have 190.70M outstanding shares and institutions hold larger chunk of about 86.01% of that.
The stock has a current market capitalization of $10.47B and its 3Y-monthly beta is at 0.77. PE ratio of stock for trailing 12 months is 10.14, while it has posted earnings per share of $5.35 in the same period. Its PEG reads 2.11 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 2.67% while standing at 2.81% over the month.
Stock’s fiscal year EPS is expected to rise by 4.22% while it is estimated to increase by 5.68% in next year. EPS is likely to shrink at an annualized rate of 4.80% 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 Berenberg on April 02, 2025 offering a Buy rating for the stock and assigned a target price of $86.90 to it. Coverage by Barclays stated Molson Coors Beverage Company (TAP) stock as an Equal weight in their note to investors on March 13, 2025, suggesting a price target of $62 for the stock. On February 05, 2025, Citigroup Upgrade their recommendations, while on December 06, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $70. Stock get a Buy rating from Needham on December 06, 2024.
