Molson Coors Beverage (NYSE:TAP) Updates FY 2025 Earnings Guidance

Molson Coors Beverage (NYSE:TAP) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 5.360-5.360 for the period, compared to the consensus EPS estimate of 5.420. The company issued revenue guidance of $11.2 billion-$11.2 billion, compared to the consensus revenue estimate of $11.3 billion.

Analyst Ratings Changes

TAP has been the subject of a number of research reports. Jefferies Financial Group decreased their price target on Molson Coors Beverage from $52.00 to $50.00 and set a “hold” rating for the company in a research note on Tuesday, September 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Molson Coors Beverage in a research report on Tuesday, October 14th. The Goldman Sachs Group lowered their price target on Molson Coors Beverage from $67.00 to $57.00 and set a “buy” rating for the company in a report on Thursday, October 2nd. Sanford C. Bernstein reduced their price objective on Molson Coors Beverage from $65.00 to $55.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 9th. Finally, Evercore ISI decreased their price objective on shares of Molson Coors Beverage from $58.00 to $53.00 and set an “outperform” rating for the company in a report on Wednesday, August 6th. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Molson Coors Beverage has an average rating of “Hold” and a consensus price target of $56.37.

Molson Coors Beverage Trading Down 1.1%

Shares of Molson Coors Beverage stock opened at $43.23 on Tuesday. The business has a fifty day simple moving average of $46.94 and a 200-day simple moving average of $50.34. Molson Coors Beverage has a fifty-two week low of $42.94 and a fifty-two week high of $64.66. The firm has a market cap of $8.55 billion, a price-to-earnings ratio of 8.53, a price-to-earnings-growth ratio of 1.60 and a beta of 0.63. The company has a quick ratio of 0.67, a current ratio of 0.95 and a debt-to-equity ratio of 0.46.

Molson Coors Beverage (NYSE:TAP) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.81 by ($0.14). Molson Coors Beverage had a return on equity of 8.61% and a net margin of 7.81%. Molson Coors Beverage has set its FY 2025 guidance at 5.360-5.360 EPS. On average, equities analysts forecast that Molson Coors Beverage will post 6.35 EPS for the current fiscal year.

Institutional Investors Weigh In On Molson Coors Beverage

Institutional investors and hedge funds have recently modified their holdings of the stock. Geneos Wealth Management Inc. boosted its position in shares of Molson Coors Beverage by 32.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock valued at $49,000 after purchasing an additional 198 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Molson Coors Beverage by 64.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock valued at $27,000 after acquiring an additional 221 shares in the last quarter. SkyView Investment Advisors LLC boosted its stake in Molson Coors Beverage by 3.2% in the 2nd quarter. SkyView Investment Advisors LLC now owns 16,130 shares of the company’s stock worth $765,000 after purchasing an additional 503 shares during the period. Auxier Asset Management grew its position in Molson Coors Beverage by 0.6% during the 2nd quarter. Auxier Asset Management now owns 108,148 shares of the company’s stock worth $5,201,000 after purchasing an additional 648 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in Molson Coors Beverage by 0.7% during the 2nd quarter. Federated Hermes Inc. now owns 109,549 shares of the company’s stock valued at $5,268,000 after purchasing an additional 708 shares during the period. Institutional investors and hedge funds own 78.46% of the company’s stock.

About Molson Coors Beverage

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.