TAP stock: buy or sell?

TAP stock price: $51.69 -0.17% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

1

Molson Coors Brewing shares stayed steady -0.17% to $51.69 today. Thursday was the third red session in a row, sliding in full a -1.56%.

Molson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally.

Should I buy TAP stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Molson Coors Brewing stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean TAP will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Molson Coors Brewing stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 8 ratings published for TAP stock in the last 30 days.

The general sentiment of these ratings is bearish for TAP stock, with 5 negative ratings.
Is TAP a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-1Guggenheimn/aNeutral
2019-8-1Bryan, Garnier & CoNeutralSell
2019-8-1BMO Capital Marketsn/an/a
2019-7-15Bank of AmericaBuyUnderperform
2019-6-10Credit Suisse Groupn/aUnderperform
2019-4-10Jefferies Financial Groupn/aSell
2019-2-13BMO Capital Marketsn/aOutperform
2019-2-12Jefferies Financial Groupn/aSell

TAP stock analysis

Daily outlook

Molson Coors Brewing stayed steady a tight -0.17% and closed at $51.69.

Shares of Molson Coors Brewing stayed constant a tight -0.17% and closed at $51.69. Since price and SMA200d lines crossed down on May, TAP fell $-12.02 per share (-18.87%).

TAP stock chart (daily)

Weekly outlook

Molson Coors Brewing ended this week at $51.69 and stayed stable a disappointing -0.37%. Late July TAP plummed a chilling -8.33% in just one week.

TAP stock chart (weekly)

TAP stock price history

TAP stock historical price chart

TAP stock reached 52-week highs at $67.32, and all-time highs 2016-10-14 with a price of 105.56.

TAP stock price target is $59.60

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 5 price forecasts for TAP stock released in the last month:
TAP stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-1GuggenheimReiterates$63.00$52.00-17.5%
2019-8-1Bryan, Garnier & CoReiteratesn/a$51.00-
2019-8-1BMO Capital MarketsRaises Targetn/a$65.00-
2019-6-10Credit Suisse GroupInitiatesn/a$50.00-
2019-2-13BMO Capital MarketsLowers Targetn/a$80.00-
(in average)$63.00$59.60-5.0%
Moving in a range from $80.00 and $50.00, the price forecast for Molson Coors Brewing stock is $59.60. In average, analysts' outlook on TAP price target is negative, downsizing the prediction by a -5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Molson Coors Brewing reported its latest financial data, posting a beatiful gain for the Earnings per Share (EPS). Analyst expected $0.78 per share, but Molson Coors Brewing posted $0.84.
TAP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.54n/a
2017-Q32017-11-011.341.340.0%
2017-Q42018-02-140.560.6210.7%
2018-Q12018-05-020.80.48-40.0%
2018-Q22018-08-011.841.882.2%
2018-Q32018-10-311.571.8417.2%
2018-Q42019-02-120.780.847.7%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Molson Coors Brewing annual turnover depreciated an ugly -2.12% to $10,769.60 million USD from $11,002.80 marked in 2017. When comparing 2018 vs 2017, likewise, profit margin (that is, the net income divided by revenues) decreased a -3.86% to 10.37%.

TAP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$4,210 M-$565 M13.4%-
2014$4,146 M-1.51%$514 M12.4%-9.07%
2015$3,568 M-13.96%$360 M10.1%-30.06%
2016$4,885 M36.93%$1,976 M40.4%449.62%
2017$11,003 M125.24%$1,566 M14.2%-20.77%
2018$10,770 M-2.12%$1,117 M10.4%-28.69%

Quarterly financial results

Molson Coors Brewing posted $2,418.70 million in revenues for 2018-Q4, a -17.57% less compared to previous quarter. Reported quarter income marked $76.00 million with a profit margin of 3.14%. Profit margin fell a -8.39% compared to previous quarter when profit margin was 11.53%. When comparing revenues to same quarter last year, Molson Coors Brewing sales marked a rough drop down and dropped a -6.24%. Looking back to recent quarterly results, Molson Coors Brewing posted 2 positive quarters in a row.
TAP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,090 M-$322 M10.4%-
2017-Q3$2,883 M-6.69%$280 M9.7%-12.96%
2017-Q4$2,580 M-10.53%$589 M22.8%110.29%
2018-Q1$2,332 M-9.62%$278 M11.9%-52.77%
2018-Q2$3,085 M32.33%$424 M13.7%52.50%
2018-Q3$2,934 M-4.89%$338 M11.5%-20.23%
2018-Q4$2,419 M-17.57%$76 M3.1%-77.53%
2019-Q1$2,303 M-4.77%$151 M6.6%99.21%

Molson Coors Brewing ownership

When you are planning to buy a company, it's always worth to overview its ownership structure.

Molson Coors Brewing shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 11.69% of all shares.

Bearish positions for TAP stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Molson Coors Brewing:

TAPBREWBUDCCUSAM
Market cap$10.1 B$252.3 M$187.3 B$4.3 B$3.8 B
Total shares196.2 M19.5 M1,960.0 M184.8 M8.8 M
Float shares175.6 M12.7 M931.3 M73.9 M8.3 M
  - Institutional holdings (%)86.4%37.8%4.6%18.7%99.4%
  - Insider holdings (%)11.7%41.9%0.0%0.0%4.7%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

TAP summary

Thursday, August 22nd, 2019
Open$51.87
Close$51.69
Day range$51.48 - $52.30
Previous close$51.78
Session gain-0.17%
Average true range$1.11
50d mov avg$54.21
100d mov avg$56.50
200d mov avg$58.81
Daily pattern
Weekly pattern lb06a

Molson Coors Brewing performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Molson Coors Brewing, the benchmark is made against Craft Brew Alliance, Anheuser-Busch Inbev, Compania Cervecerias Unidas and Boston Beer.
Stock3m6m12m
TAPMolson Coors Brew...-11.31%-15.35%-21.98%
BREWCraft Brew Allian...-15.13%-23.63%-33.37%
BUDAnheuser-Busch In...15.49%29.01%-0.24%
CCUCompania Cervecer...-11.17%-16.27%-9.70%
SAMBoston Beer31.06%42.40%40.69%

Molson Coors Brewing competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for Molson Coors Brewing. We selected 4 companies as Molson Coors Brewing competitors as they are in the same industry or have similar market objectives.

Latest TAP stock news