A share price of Molson Coors Beverage Company [TAP] is currently trading at $61.15, down -2.10%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TAP shares have gain 1.02% over the last week, with a monthly amount glided 2.95%, and 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 April 02, 2025, when Berenberg initiated its Buy rating and assigned the stock a price target of $86.90. Previously, Barclays upgraded its rating to Equal Weight on March 13, 2025, and elevated its price target to $62. On February 05, 2025, upgrade upgraded it’s rating to Neutral and revised its price target to $57 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $70 on December 06, 2024. Needham initiated its recommendation with a Buy and recommended $72 as its price target on December 06, 2024. Exane BNP Paribas started tracking with a Neutral rating for this stock on November 25, 2024, and assigned it a price target of $64. In a note dated November 08, 2024, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $52 to $74.
Molson Coors Beverage Company experienced fluctuations in its stock price throughout the past year 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 $61.15 at the most recent close of the market. An investor can expect a potential return of 21.01% based on the average TAP price forecast.
Analyzing the TAP fundamentals
Trailing Twelve Months sales for Molson Coors Beverage Company [NYSE:TAP] were 11.63B which represents -1.98% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
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 60.37 points at the first support level, and at 59.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.51, and for the 2nd resistance point, it is at 63.86.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Molson Coors Beverage Company [NYSE:TAP] is 0.94. Also, the Quick Ratio is 0.70, while the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 0.95 and price to earnings (TTM) ratio is 11.43.
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.
