Last Updated: 19 Sep 2024
Executive Summary
Molson Coors Brewing Co Class B (TAP) is a multinational drink and brewing company with a market capitalization of $11.5 billion. The company has a strong financial position with an EBITDA of $2.56 billion and a profit margin of 9.79%. TAP's trailing PE ratio of 10.29 and forward PE ratio of 9.58 indicate that the stock is undervalued compared to its peers. The analyst consensus rating for TAP is "Hold" with a target price of $59.83, suggesting a potential upside of 8.13% from the current price of $55.34.
Company Overview
Molson Coors Beverage Company is a multinational drink and brewing company headquartered in Chicago, United States. The company's portfolio includes a variety of beer, wine, spirits, and non-alcoholic beverages. Molson Coors has a global presence with operations in over 70 countries. The company's key brands include Coors Light, Miller Lite, Molson Canadian, and Carling.
Fundamental Analysis
Molson Coors has a strong financial position with an EBITDA of $2.56 billion and a profit margin of 9.79%. The company's revenue has been growing steadily in recent years, and analysts expect this trend to continue in the future. Molson Coors also has a strong balance sheet with low debt levels.
The company's key financial ratios are as follows:
Trailing PE ratio: 10.29
Forward PE ratio: 9.58
Price-to-sales ratio: 0.964
Price-to-book ratio: 0.882
EV-to-revenue: 1.427
EV-to-EBITDA: 6.96
Beta: 0.814
Technical Analysis
The technical analysis of TAP's stock price shows that the stock is currently in a downtrend. The stock price has been trading below its 50-day and 200-day moving averages for the past several months. The relative strength index (RSI) is also below 50, indicating that the stock is oversold.
Short Term Outlook
The short-term outlook for TAP is mixed. The technical analysis suggests that the stock is likely to continue to trade in a downtrend in the near term. However, the company's strong financial position and analyst consensus rating of "Hold" suggest that the stock could be undervalued.
Long Term Outlook
The long-term outlook for TAP is positive. The company has a strong brand portfolio and a global presence. The company is also well-positioned to benefit from the growing demand for beer and other alcoholic beverages in emerging markets.
Analyst Recommendations
The analyst consensus rating for TAP is "Hold" with a target price of $59.83. This suggests that analysts believe that the stock is fairly valued and that there is limited upside potential in the near term. However, analysts do believe that the company has a strong long-term outlook.
