Molson Coors Beverage Company (NYSE: TAP) has recently enjoyed significant positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted Molson Coors Beverage Company (NYSE: TAP): the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
TAP’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Molson Coors Beverage has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Molson Coors Beverage has a good Appreciation Score of 71 but a neutral Power Rating of 45, and the High Neutral Value Trend Rating results.
Recent Price Action
Molson Coors Beverage Company (NYSE: TAP) stock closed at $64.02 on 3/7/24 after an increase of 2.0%. NORMAL trading volume accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 1.8% during the last week.
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