NYSE:TAP

67.08
0.26 (0.39%) 1d
0

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Oil sinks in choppy sessionMild and mixed before earningsUS-China tensions weigh on markets
COMMENT
It posted a 5% earnings miss today, but offered a far sunnier forecast -- it can raise prices to keep up with ever-rising costs. It reported revenue growth for the first time in a decade. But wait till the conference call--for this and all stocks--because that's where the meat is. Listen for guidance.
breweries / beverages
COMMENT
Molson Coors vs. Kraft Heinz She owns neither. Kraft Heinz has pulled back a lot; 3G Capital bought them and they're famous for cutting and not reinvesting, which limits product innovation. There's little growth in North American staples; the space is very mature and highly competitive. Molson Coors: She doesn't own any beer companies, because they're all richly priced. Also, beer drinking is declining over time. She gives a slight edge to Molson Coors, but unethusiastically, because KHC is limited by the mature N.A. market.
breweries / beverages
HOLD
He does not own beer companies, but this one has been very well run. You are getting a big solid dividend. They are into all kinds of other beverages. You are going to be in a mature, somewhat declining, industry in North America but you get that solid dividend. He prefers more growth. They own a whole slew oF craft breweries but you don’t know it.
breweries / beverages
DON'T BUY
Hasn't performed well lately. Chart is terrible. Debt's gone up, sales are not going higher. So much competition in beer. Optically cheap, dividend is going up. But he can't recommend it to investors.
breweries / beverages
COMMENT
He hasn't looked at this in a long time and finds it hard to believe where it sits today. It doesn't look good, but the chart has held at these levels before: massive head and shoulders and at the bottom of it now. Very news-driven. At these levels, the risk is to the upside.
breweries / beverages
BUY
Anticipating them moving into the premium drink space. They're trying to, and are dipping into craft beers like Blue Moon beer. A defensive name that's gone up 12% in the past month. He hasn't owned it in a while, because it's been in a down trend, but it looks interesting now.
breweries / beverages
COMMENT

This is one of the top brewers, but like all the others in the beer industry, Molson Coors is struggling. Their market is extremely mature, with declining consumption. Molson has bought some craft brewers but those companies are getting expensive. Very low multiple and generates good cash flow. They are using free cash to pay down debt. But it's difficulty to find new ways to grow. It's a tough call to say to buy because the company looks relatively cheap, well-managed but maybe not likely to grow much. They're entering into joint ventures with cannabis companies, experimenting with infused beverages. He is not sure how big the market will be for these products. It might get very crowded very quickly. For the next few years, for Molson Coors, these are small projects--tiny in the grand scheme of things.

breweries / beverages
DON'T BUY

Brewers are struggling with declining sales. Valuation is still on the rich side, mainly because of declining margins. Doesn’t have EM exposure that you’d like to see. Be cautious. Compares poorly to its peers. (Analysts’ price target is $77.43.)

breweries / beverages
BUY

Weaker volume sales in US. Core business is US and Canada. Free cash flow is about 10% free cash flow yield. Concern that beer growth is slowing. They’ve been smart and done a joint venture with a marijuana company. This is a good level to buy.

breweries / beverages
BUY

A defensive name. A company that looks to be acquired. The stock looks goods now on the pullback. Steady dividend and good yield. Maybe the fact that marihuana is being legalized affected the price of the stock and its multiples. A boring traditional business as it is

breweries / beverages
COMMENT

Had a terrific 2015-2016 and a “not so good” 2017. Thinks that was part of a rotation out of defensive, boring stocks into sexy technology names. This is not going to be a fast grower. It recently acquired Millers Coors, a much bigger company. Not a growth story, but more of a cost control story. There is a lot of value in this. It is worth $100 a share, and perhaps $125 in a couple of years once it pays down the debt, as well as a potential acquisition by Heineken.

breweries / beverages
BUY

It is an interesting company. If we are thinking about being late cycle, there are a few industries that are recession proof, like alcohol. They have a nice dividend.

breweries / beverages
DON'T BUY

She is not a fan right now. There is incredible, tough competition in beverages.

breweries / beverages
PAST TOP PICK

(A Top Pick Nov 3/16. Down 18%.) Hasn’t worked out recently, although his long-term clients have done quite well on this. They didn’t have a very good analysts’ day. Tried to rectify miscommunications they had with analysts. Had a Q2, that was better than what some analysts expected. Thinks it has something to do with what is going on with all consumer packaging goods. He would still make this a top pick.

breweries / beverages
COMMENT

Has had a huge comeback in the last year or so. It is down significantly, and only yields about 2%-2.5%. These are the types of companies and sectors you like to buy ahead of a recession. If it dropped another 10%-15%, it could be something you could look at.

breweries / beverages
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Molson Coors Brewing Company(TAP-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Molson Coors Brewing Company is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Molson Coors Brewing Company(TAP-N) Frequently Asked Questions

What is Molson Coors Brewing Company stock symbol?

Molson Coors Brewing Company is a American stock, trading under the symbol TAP-N on the New York Stock Exchange (TAP). It is usually referred to as NYSE:TAP or TAP-N

Is Molson Coors Brewing Company a buy or a sell?

In the last year, there was no coverage of Molson Coors Brewing Company published on Stockchase.

Is Molson Coors Brewing Company a good investment or a top pick?

Molson Coors Brewing Company was recommended as a Top Pick by on . Read the latest stock experts ratings for Molson Coors Brewing Company.

Why is Molson Coors Brewing Company stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Molson Coors Brewing Company worth watching?

0 stock analysts on Stockchase covered Molson Coors Brewing Company In the last year. It is a trending stock that is worth watching.

What is Molson Coors Brewing Company stock price?

On 2024-03-28, Molson Coors Brewing Company (TAP-N) stock closed at a price of $67.08.