Molson Coors Beverage Company produces, markets and supplies flavored malt drinks, craft, and ready-to-drink beverages under numerous brands in the Americas, Middle East, Europe, Africa, and Asia Pacific. It's headquartered in Golden, Colorado, USA. It's one of the world's largest brewing companies.
The company's history can be traced back to 1774, when William Worthington began brewing in Burton on Trent, England. The company's key persons are John Molson, Adolph Coors, and Frederick J. Miller.
Today's company was formed in 2005 as a result of the merger of Molson of Canada and Coors of the United States. In 2016, Molson Coors bought the Miller Brewing Company brand. As a result, Molson Coors became the world's third-largest brewer at the time. In 2020, the company changed its name to the Molson Coors Beverage Company, from the Molson Coors Brewing Company.
The stock price is very low, and the company pays dividends. However, the payments have not been stable over recent years. The company suspended its dividend payments during the Covid-19 pandemic and recession to save capital during the pandemic's fallout. Therefore, it's more profitable to trade stock CFD. The price of TAP stocks is highly volatile. Therefore, you can even trade the stocks intraday.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
Sell | 53.83 |
Buy | 54.13 |
Sentiment | 100% ▴ |
1-day change | 1.08(2.05%) |
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#AA | N/A | N/A | -0.42 | -1.29% |
#ABBV | N/A | N/A | 8.4 | 4.47% |
#ABT | N/A | N/A | 6.45 | 6.04% |
#ADM | N/A | N/A | -0.71 | -1.15% |
#AMWL | N/A | N/A | -2.03 | -19.77% |
#AXP | N/A | N/A | 6.6 | 2.62% |
#BA | N/A | N/A | -11.02 | -5.98% |
#BABA | N/A | N/A | 4.04 | 5.10% |
#BAC | N/A | N/A | 1.1 | 2.77% |
#BB | N/A | N/A | -0.07 | -2.90% |
#CAT | N/A | N/A | 11.36 | 3.30% |
#CLX | N/A | N/A | 27.22 | 20.76% |
#COTY | N/A | N/A | -0.48 | -4.87% |
#CVX | N/A | N/A | -8.8 | -5.62% |
#DIS | N/A | N/A | -3.11 | -3.33% |
#DVN | N/A | N/A | -1.68 | -3.61% |
#EDU | N/A | N/A | -0.05 | -0.08% |
#F | N/A | N/A | 0.34 | 3.13% |
#FIS | N/A | N/A | 6.07 | 7.95% |
#FTI | N/A | N/A | -2.65 | -8.99% |
#GD | N/A | N/A | 3.23 | 1.09% |
#GE | N/A | N/A | 0.56 | 0.32% |
#GPN | N/A | N/A | 10.02 | 9.94% |
#HD | N/A | N/A | 1.11 | 0.30% |
#HPQ | N/A | N/A | 0.12 | 0.33% |
#IBM | N/A | N/A | 10.16 | 5.29% |
#JNJ | N/A | N/A | 7.63 | 4.82% |
#JPM | N/A | N/A | 14.05 | 6.67% |
#KMI | N/A | N/A | 0.54 | 2.57% |
#KO | N/A | N/A | 5.73 | 8.59% |
#KODK | N/A | N/A | -0.49 | -8.51% |
#LMT | N/A | N/A | 26.68 | 4.93% |
#MA | N/A | N/A | 18.68 | 4.02% |
#MCD | N/A | N/A | 25.11 | 9.53% |
#MLM | N/A | N/A | -55.64 | -9.44% |
#MMM | N/A | N/A | 8.5 | 6.73% |
#MO | N/A | N/A | 4.3 | 8.69% |
#MS | N/A | N/A | 0.79 | 0.77% |
#NIO | N/A | N/A | -0.24 | -5.61% |
#NSC | N/A | N/A | 7.85 | 3.16% |
#OXY | N/A | N/A | -3.23 | -5.37% |
#PFE | N/A | N/A | -1.24 | -4.10% |
#PG | N/A | N/A | 10.45 | 6.49% |
#PM | N/A | N/A | 8 | 6.94% |
#RNG | N/A | N/A | -1.28 | -3.71% |
#RTX | N/A | N/A | 6.62 | 5.67% |
#SLB | N/A | N/A | -3.5 | -7.37% |
#SNOW | N/A | N/A | -13.68 | -10.73% |
#SQ | N/A | N/A | 2.79 | 4.41% |
#STZ | N/A | N/A | -5.06 | -2.06% |
#T | N/A | N/A | 0.74 | 3.86% |
#TAP | N/A | N/A | 1.08 | 2.05% |
#TME | N/A | N/A | -3.5 | -25.18% |
#TOT | N/A | N/A | 1.61 | 2.39% |
#V | N/A | N/A | 11.28 | 4.26% |
#VMC | N/A | N/A | -28.04 | -10.29% |
#VZ | N/A | N/A | 1.46 | 3.62% |
#WMT | N/A | N/A | 8.17 | 11.83% |
#XOM | N/A | N/A | -0.75 | -0.63% |
#NFLX | N/A | N/A | 58.67 | 9.14% |
#NKE | N/A | N/A | N/A | N/A |
If you plan to trade the company's stocks, you should consider some factors that can drive the price.
Financials. After a recession caused by the Covid-19 pandemic, the company has been trying to improve its economic data. The company has become more effective at generating profit on the base of assets, equity, and capital employed. Although earnings growth has been negative over recent years, the Molson Coors Beverage Company's revenue growth is even higher than the US beverages - brewers industry average. Check the quarterly earnings reports. If the company performs well, its stock price may increase after the release.
Industry health. The company operates in the alcoholic beverages industry. As Molson Coors Beverage Company is an international company, you should check the overall industry's stability. Demand and supply will determine how well the company will operate in the middle term. Also, you can compare its performance with its rivals, including Constellation Brands, Asahi Group Holdings, MCBC, Carlsberg, Anheuser-Busch Inbev, and Heineken. An expansion of their business may negatively affect Molson Coors Beverage Company's market share and lead to a stock rate decline in the middle and long term.
Indices. The company is included in several stock indices, including S&P 500, NYSE Composite, DJ US, and DJ Mid-Cap. When the corporation becomes a part of a well-known stock index, its value increases, pushing the TAP stock price.
Lawsuits. Molson Coors Beverage Company is sometimes involved in scandals and court cases. A trader should remember that lawsuits lead to money loss and a decline in the stock value. Therefore, it's important to check whether there is an ongoing lawsuit. Mainly, offenses generally relate to the environment, consumer protection, financials, safety, and employment.
ESG. The company pays a great deal of attention to its contribution to ESG impact. It's an important factor that improves the company's attractiveness to customers and investors and boosts its stock value.