Molson Coors Class ATAP.A
TAP.A
About: Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling and ranks as the second-largest beer maker in both value and volume terms in the us, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the us, given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.
Employees: 16,500
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
54% more capital invested
Capital invested by funds: $3.8M [Q2] → $5.85M (+$2.04M) [Q3]
1.71% more ownership
Funds ownership: 2.26% [Q2] → 3.97% (+1.71%) [Q3]
17% less funds holding
Funds holding: 6 [Q2] → 5 (-1) [Q3]
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Research analyst outlook
We haven’t received any recent analyst ratings for TAP.A.
Financial journalist opinion
Neutral
Benzinga
2 weeks ago
Trump's Beer Tariffs Cloud Sector: Molson Coors Is Well Positioned, But This Is The 'Best Company In The Beverage Space,' Says Analyst
Following sluggishness during the summer months, trends in the U.S. beer market are showing signs of improvement, according to Needham.
Neutral
Seeking Alpha
1 month ago
Anheuser-Busch Vs. Molson Coors -- Battle Of The Beers
Anheuser-Busch InBev SA/NV is a mid-level play with higher valuation and growth expectations, while Molson Coors Beverage Company is a value play with lower valuation and growth expectations. Both BUD and TAP are reasonably valued relative to forward EPS growth, but both risk becoming value traps. Our analysis suggests key support levels for BUD at $54 and a potential upside for TAP to $80-$82 if current support holds.
Positive
Seeking Alpha
1 month ago
Molson Coors: After 9 Years Of Paying Down Debt, Finally Able To Repurchase Shares
Molson Coors issued a lot of debt in 2016 as part of buying out a joint venture interest. In late 2023, Molson Coors finally reached its target leverage ratios and extra cash is now going towards share repurchases instead of debt paydowns. The company capitalized on Budweiser's marketing issues, gaining market share and shelf space, boosting sales for brands like Coors Banquet.
Negative
Market Watch
1 month ago
Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss
Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.
Negative
Market Watch
2 months ago
Big beer brands' struggles seem likely to continue into next year, analyst says
Shares of some of the nation's biggest brewers have slipped so far this year — and the months ahead don't look a whole lot better amid shakier demand in the U.S. and abroad, TD Cowen analysts said Tuesday.
Neutral
Business Wire
2 months ago
Molson Coors Beverage Company to Webcast 2024 Third Quarter Earnings Conference Call
GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)--Molson Coors Beverage Company to Webcast 2024 Third Quarter Earnings Conference Call.
Positive
Seeking Alpha
3 months ago
Molson Coors Is Doing Everything Right
Molson Coors is cutting costs, modernizing factories, buying back shares, paying down debt, and promising increased earnings over the long term. Despite attractive dividends and growth potential, Molson Coors struggles with sustained top-line growth, which remains a significant concern for investors. Molson Coors has diversified into spirits and non-alcoholic drinks, acquiring premium brands like Vizzy and a stake in Zoa, an energy drink company.
Negative
CNBC
3 months ago
Molson Coors pumps the brakes on DEI practices
Molson Coors plans to cut supplier diversity quotas and DEI-based training programs, and sever ties with the LGBTQ+ advocacy group Human Rights' Campaigns' Corporate Equality Index. The brewer's decision comes after a wave of retailers over the summer took a step back in their DEI efforts.
Negative
Market Watch
3 months ago
Molson Coors pulls back from DEI, saying earlier programs have been ‘completed'
Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.
Positive
Seeking Alpha
3 months ago
Molson Coors: Premiumization And Expertise Are Stock Price Drivers
Molson Coors' premiumization strategy in the EMEA and APAC regions drives net sales growth despite volume declines, supported by favorable pricing and sales mix. The company's reduction in net debt and consistent free cash flow growth indicate significant undervaluation, suggesting potential for stock price appreciation. TAP's stock repurchase program and strategic acquisitions, like Blue Run, enhance demand and net income growth, reinforcing the bullish outlook.
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