Molson Coors Beverage (NYSE:TAP) Sets New 52-Week Low Following Analyst Downgrade

Key Points

• Shares of Molson Coors (TAP) fell to a new 52-week low after Barclays cut its price target to $41 and kept an underweight rating, with the stock trading as low as $40.97 on heavy volume.
• Analyst coverage is mixed—MarketBeat shows an average rating of Hold and an average price target of $45.71 (4 Buys, 11 Holds, 4 Sells), indicating divergent expectations among firms.
• Fundamentals show a recent beat and shareholder returns: quarterly EPS of $0.62 topped estimates, the company raised its quarterly dividend to $0.48 (a ~4.7% yield), and set FY2026 guidance of 4.607–4.823 EPS.

Molson Coors Beverage Company (NYSE:TAP - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday after Barclays lowered their price target on the stock from $43.00 to $41.00. Barclays currently has an underweight rating on the stock. Molson Coors Beverage traded as low as $40.97 and last traded at $40.90, with a volume of 2122717 shares trading hands. The stock had previously closed at $42.14.

Other equities research analysts have also recently issued research reports about the stock. Needham & Company LLC lowered their target price on shares of Molson Coors Beverage from $52.00 to $50.00 and set a "buy" rating on the stock in a research note on Friday. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Molson Coors Beverage in a research note on Friday, March 27th. Zacks Research raised shares of Molson Coors Beverage from a "strong sell" rating to a "hold" rating in a research note on Monday, April 13th. Jefferies Financial Group lowered their target price on shares of Molson Coors Beverage from $45.00 to $43.00 and set a "hold" rating on the stock in a research note on Monday, April 20th. Finally, Roth Mkm set a $58.00 price target on Molson Coors Beverage in a report on Thursday, February 19th. Four analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $45.71.

Insiders Place Their Bets

In related news, Director Andrew Thomas Molson acquired 2,000 shares of the stock in a transaction dated Monday, March 9th. The stock was acquired at an average cost of $46.67 per share, with a total value of $93,340.00. Following the completion of the transaction, the director owned 24,654 shares in the company, valued at $1,150,602.18. This represents a 8.83% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.27% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Molson Coors Beverage

Institutional investors and hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC acquired a new position in Molson Coors Beverage in the third quarter valued at approximately $25,000. GoalVest Advisory LLC acquired a new position in Molson Coors Beverage in the fourth quarter valued at approximately $25,000. SBI Securities Co. Ltd. boosted its holdings in Molson Coors Beverage by 84.1% in the fourth quarter. SBI Securities Co. Ltd. now owns 534 shares of the company's stock valued at $25,000 after purchasing an additional 244 shares in the last quarter. Basepoint Wealth LLC acquired a new position in Molson Coors Beverage in the fourth quarter valued at approximately $26,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Molson Coors Beverage by 64.2% in the second quarter. Smartleaf Asset Management LLC now owns 565 shares of the company's stock valued at $27,000 after purchasing an additional 221 shares in the last quarter. 78.46% of the stock is owned by institutional investors and hedge funds.

Molson Coors Beverage Stock Performance

The company has a debt-to-equity ratio of 0.38, a current ratio of 0.54 and a quick ratio of 0.38. The stock has a 50 day simple moving average of $44.46 and a two-hundred day simple moving average of $46.42. The company has a market cap of $7.65 billion, a PE ratio of -3.82 and a beta of 0.44.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.36 by $0.26. Molson Coors Beverage had a positive return on equity of 9.79% and a negative net margin of 16.14%.The business had revenue of $2.35 billion during the quarter, compared to analysts' expectations of $2.33 billion. During the same quarter in the prior year, the business earned $0.50 earnings per share. The company's quarterly revenue was up 2.0% compared to the same quarter last year. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Equities analysts predict that Molson Coors Beverage Company will post 4.72 EPS for the current year.

Molson Coors Beverage Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were given a $0.48 dividend. The ex-dividend date was Friday, March 6th. This is a positive change from Molson Coors Beverage's previous quarterly dividend of $0.47. This represents a $1.92 annualized dividend and a yield of 4.7%. Molson Coors Beverage's dividend payout ratio (DPR) is currently -18.05%.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada's Molson and the United States' Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.

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