Molson Coors Beverage (TAP) stock forecast for 2024. Forecast tables and graphs.







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Molson Coors Beverage (TAP) stock forecast for 2024

Updated: April 23, 2024 (12:03)

Sector: Consumer defensive

The share price of Molson Coors Beverage Com. (TAP) now

What analysts predict: $69.11
52-week High/Low: $69.47 / $54.9

50/200 Day Moving Average: $64.8 / $63.07

This figure corresponds to the Average Price over the previous 50/200 days. For Molson Coors Beverage stocks, the 50-day moving average is the resistance level today.

For Molson Coors Beverage stocks, the 200-day moving average is the resistance level today.

Are you interested in Molson Coors Beverage Com. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Molson Coors Beverage stock price in 2024. How much will one Molson Coors Beverage share be worth in 2024? Is it worth taking profit / loss on TAP stock now or waiting? What are analysts' forecasts for Molson Coors Beverage stock?

We forecast Molson Coors Beverage stock performance using neural networks based on historical data on TAP stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Molson Coors Beverage Com. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Molson Coors Beverage analysts is $69.11. Today 200 Day Moving Average is the support level (63.07 $). 50 Day Moving Average is the support level (64.8 $).




Historical and forecast chart of Molson Coors Beverage Com. stock

The chart below shows the historical price of Molson Coors Beverage stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the TAP stock price can be found in the table below.


Molson Coors Beverage manufactures, markets and markets beer and other malt drinks in the United States, Canada, Europe and internationally. The company was previously called Molson Coors Brewing Company, and in January 2020 it changed its name to Molson Coors Beverage Company. The Molson Coors Beverage Company was founded in 1774 and is headquartered in Chicago, Illinois.

Molson Coors Beverage (TAP) Forecast for 2024

Month Target Pes. Opt. Vol., %
May 65.12 60.97 66.29 8.02 %
Jun 62.47 59.02 65.92 10.47 %
Jul 64.11 60.30 65.26 7.60 %
Aug 61.06 57.43 65.06 11.73 %
Sep 63.29 60.39 66.57 9.29 %
Oct 66.68 62.60 69.46 9.87 %
Nov 69.29 67.17 72.65 7.54 %
Dec 69.64 66.92 74.02 9.60 %

Molson Coors Beverage information and performance

Molson Coors Beverage Address

P.O. BOX 4030, NH353, GOLDEN, CO, US

Market Capitalization: 13 635 644 000 $

Market capitalization of the Molson Coors Beverage Com. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of TAP shares in the company outstanding by the market price of one share.

EBITDA: 2 281 900 000 $

EBITDA of Molson Coors Beverage is earnings before interest, income tax and depreciation of assets.

PE Ratio: 14.7

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 3.329

Price/earnings to growth

DPS: 1.64

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0274

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 4.37

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 1
Quarterly Revenue Growth YOY: 0.061
Trailing PE: 14.7

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 11.72

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.665

Enterprise Value (EV) /Revenue

EV To EBITDA: 8.98

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 197551000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Molson Coors Beverage price target for 2024 by month


Target values for the price of one Molson Coors Beverage share for May 2024.

The weighted average target price per Molson Coors Beverage share in May 2024 is: 65.12.
In May, the Positive dynamics for Molson Coors Beverage Com. shares will prevail with possible monthly volatility of 8.017% volatility is expected.
Pessimistic target level: 60.97
Optimistic target level: 66.29

Target values for the price of one Molson Coors Beverage share for Jun 2024.

The weighted average target price per Molson Coors Beverage share in Jun 2024 is: 62.47.
In Jun, the Negative dynamics for Molson Coors Beverage Com. shares will prevail with possible monthly volatility of 10.471% volatility is expected.
Pessimistic target level: 59.02
Optimistic target level: 65.92

Target values for the price of one Molson Coors Beverage share for Jul 2024.

The weighted average target price per Molson Coors Beverage share in Jul 2024 is: 64.11.
In Jul, the Positive dynamics for Molson Coors Beverage Com. shares will prevail with possible monthly volatility of 7.599% volatility is expected.
Pessimistic target level: 60.30
Optimistic target level: 65.26

Target values for the price of one Molson Coors Beverage share for Aug 2024.

The weighted average target price per Molson Coors Beverage share in Aug 2024 is: 61.06.
In Aug, the Negative dynamics for Molson Coors Beverage Com. shares will prevail with possible monthly volatility of 11.727% volatility is expected.
Pessimistic target level: 57.43
Optimistic target level: 65.06

Target values for the price of one Molson Coors Beverage share for Sep 2024.

The weighted average target price per Molson Coors Beverage share in Sep 2024 is: 63.29.
In Sep, the Positive dynamics for Molson Coors Beverage Com. shares will prevail with possible monthly volatility of 9.293% volatility is expected.
Pessimistic target level: 60.39
Optimistic target level: 66.57

Target values for the price of one Molson Coors Beverage share for Oct 2024.

The weighted average target price per Molson Coors Beverage share in Oct 2024 is: 66.68.
In Oct, the Positive dynamics for Molson Coors Beverage Com. shares will prevail with possible monthly volatility of 9.874% volatility is expected.
Pessimistic target level: 62.60
Optimistic target level: 69.46

Target values for the price of one Molson Coors Beverage share for Nov 2024.

The weighted average target price per Molson Coors Beverage share in Nov 2024 is: 69.29.
In Nov, the Positive dynamics for Molson Coors Beverage Com. shares will prevail with possible monthly volatility of 7.540% volatility is expected.
Pessimistic target level: 67.17
Optimistic target level: 72.65

Target values for the price of one Molson Coors Beverage share for Dec 2024.

The weighted average target price per Molson Coors Beverage share in Dec 2024 is: 69.64.
In Dec, the Positive dynamics for Molson Coors Beverage Com. shares will prevail with possible monthly volatility of 9.596% volatility is expected.
Pessimistic target level: 66.92
Optimistic target level: 74.02



Molson Coors Beverage (TAP) stock dividend

Molson Coors Beverage last paid dividends on 02/29/2024. The next scheduled payment will be on 03/15/2024. The amount of dividends is $1.64 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.