Roth Capital Issues Pessimistic Estimate for TAP Earnings

Molson Coors Beverage (NYSE:TAP - Free Report) - Research analysts at Roth Capital dropped their Q2 2025 earnings per share (EPS) estimates for shares of Molson Coors Beverage in a research note issued to investors on Monday, May 19th. Roth Capital analyst W. Kirk now expects that the company will post earnings of $1.89 per share for the quarter, down from their prior forecast of $1.98. Roth Capital has a "Buy" rating and a $71.00 price target on the stock. The consensus estimate for Molson Coors Beverage's current full-year earnings is $6.35 per share. Roth Capital also issued estimates for Molson Coors Beverage's FY2025 earnings at $5.92 EPS.

TAP has been the topic of several other reports. Berenberg Bank began coverage on Molson Coors Beverage in a research note on Wednesday, April 2nd. They issued a "buy" rating and a $86.90 target price on the stock. JPMorgan Chase & Co. cut their price objective on shares of Molson Coors Beverage from $59.00 to $58.00 and set a "neutral" rating for the company in a research report on Thursday, January 30th. Wall Street Zen lowered Molson Coors Beverage from a "buy" rating to a "hold" rating in a research report on Saturday, May 17th. UBS Group cut their price objective on Molson Coors Beverage from $63.00 to $59.00 and set a "neutral" rating for the company in a research report on Friday, May 9th. Finally, Morgan Stanley cut their price objective on Molson Coors Beverage from $63.00 to $58.00 and set an "equal weight" rating for the company in a research report on Friday, May 9th. Eleven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Molson Coors Beverage presently has a consensus rating of "Hold" and an average target price of $63.26.

Molson Coors Beverage Price Performance

Shares of TAP stock traded up $0.29 on Thursday, reaching $54.30. The company's stock had a trading volume of 783,531 shares, compared to its average volume of 2,136,097. The company has a quick ratio of 0.70, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. Molson Coors Beverage has a 12-month low of $49.19 and a 12-month high of $64.66. The company has a market capitalization of $10.98 billion, a P/E ratio of 10.14, a PEG ratio of 1.52 and a beta of 0.73. The stock's 50 day simple moving average is $58.15 and its 200-day simple moving average is $58.39.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.30). The firm had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.43 billion. Molson Coors Beverage had a net margin of 8.17% and a return on equity of 9.34%. Molson Coors Beverage's revenue for the quarter was down 11.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.95 EPS.

Molson Coors Beverage Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 3.46%. The ex-dividend date is Friday, June 6th. Molson Coors Beverage's payout ratio is presently 37.83%.

Insider Activity

In other news, Director Geoffrey E. Molson sold 1,333 shares of the business's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $56.29, for a total value of $75,034.57. Following the sale, the director now owns 27,595 shares in the company, valued at approximately $1,553,322.55. The trade was a 4.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.71% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC bought a new stake in Molson Coors Beverage during the 1st quarter worth about $3,123,000. Geneos Wealth Management Inc. boosted its position in Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company's stock worth $49,000 after acquiring an additional 198 shares during the last quarter. Intech Investment Management LLC boosted its position in Molson Coors Beverage by 107.5% during the 1st quarter. Intech Investment Management LLC now owns 64,636 shares of the company's stock worth $3,934,000 after acquiring an additional 33,482 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in shares of Molson Coors Beverage in the 1st quarter valued at approximately $1,380,000. Finally, Advisory Alpha LLC acquired a new stake in shares of Molson Coors Beverage in the 1st quarter valued at approximately $210,000. Institutional investors and hedge funds own 78.46% of the company's stock.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.