At the time of writing, Molson Coors Beverage Company [TAP] stock is trading at $60.56, up 3.06%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TAP shares have gain 3.89% over the last week, with a monthly amount drifted -0.43%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Molson Coors Beverage Company [NYSE: TAP] stock has seen the most recent analyst activity on March 13, 2025, when Barclays upgraded its rating to a Equal Weight and also boosted its price target to $62 from $56. Previously, Citigroup upgraded its rating to Neutral on February 05, 2025, and elevated its price target to $57. On December 06, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $70 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $72 on December 06, 2024. Exane BNP Paribas initiated its recommendation with a Neutral and recommended $64 as its price target on November 25, 2024. Wells Fargo upgraded its rating to Overweight for this stock on November 08, 2024, and upped its price target to $74. In a note dated October 08, 2024, TD Cowen reiterated an Hold rating on this stock and revised its target price from $58 to $56.
For the past year, the stock price of Molson Coors Beverage Company fluctuated between $49.19 and $69.18. Currently, Wall Street analysts expect the stock to reach $74 within the next 12 months. Molson Coors Beverage Company [NYSE: TAP] shares were valued at $60.56 at the most recent close of the market. An investor can expect a potential return of 22.19% based on the average TAP price forecast.
Analyzing the TAP fundamentals
According to Molson Coors Beverage Company [NYSE:TAP], the company’s sales were 11.63B for trailing twelve months, which represents an -1.98% plunge. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 59.35 points at the first support level, and at 58.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.25, and for the 2nd resistance point, it is at 61.93.
Ratios To Look Out For
It is important to note that Molson Coors Beverage Company [NYSE:TAP] has a current ratio of 0.94. In addition, the Quick Ratio stands at 0.70 and the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 0.94 and price to earnings (TTM) ratio is 11.32.
Transactions by insiders
Recent insider trading involved Whitehead Philip M, Pres&CEO, MCBC EMEA&APAC, that happened on Mar 13 ’25 when 3491.0 shares were sold.
