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Molson Coors Beverage Company (NYSE: TAP) closed the day trading at $59.37 down -0.42% from the previous closing price of $59.62. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 2.24 million shares were traded. TAP stock price reached its highest trading level at $60.325 during the session, while it also had its lowest trading level at $59.085.
Ratios:
For a better understanding of TAP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.74. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on March 13, 2025, Upgraded its rating to Equal Weight and sets its target price to $62 from $56 previously.
On February 05, 2025, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $47 to $57.
BofA Securities Upgraded its Neutral to Buy on December 06, 2024, whereas the target price for the stock was revised from $57 to $70.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’25 when Whitehead Philip M sold 3,491 shares for $59.61 per share. The transaction valued at 208,099 led to the insider holds 9,653 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TAP now has a Market Capitalization of 12039998464 and an Enterprise Value of 17774014464. As of this moment, Molson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.10, and their Forward P/E ratio for the next fiscal year is 8.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.529 whereas that against EBITDA is 7.176.
Stock Price History:
The Beta on a monthly basis for TAP is 0.71, which has changed by -0.12691176 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, TAP has reached a high of $69.18, while it has fallen to a 52-week low of $49.19. The 50-Day Moving Average of the stock is 3.82%, while the 200-Day Moving Average is calculated to be 6.49%.
Shares Statistics:
Over the past 3-months, TAP traded about 2.06M shares per day on average, while over the past 10 days, TAP traded about 2359570 shares per day. A total of 190.70M shares are outstanding, with a floating share count of 166.69M. Insiders hold about 17.72% of the company’s shares, while institutions hold 82.26% stake in the company. Shares short for TAP as of 1740700800 were 11967034 with a Short Ratio of 5.80, compared to 1738281600 on 10351220. Therefore, it implies a Short% of Shares Outstanding of 11967034 and a Short% of Float of 8.42.
Dividends & Splits
TAP’s forward annual dividend rate is 1.79, up from 1.76 a year ago. Against a Trailing Annual Dividend Yield of 0.029520296The stock’s 5-year Average Dividend Yield is 2.65. The current Payout Ratio is 32.91% for TAP, which recently paid a dividend on 2025-02-27 with an ex-dividend date of 1740614400. Stock splits for the company last occurred on 2007-10-04 when the company split stock in a 2:1 ratio.