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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. It provides its products under Aspall Cider, Blue Moon, Coors Original, Five Trail, Hop Valley brands, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.
Market Dynamics | Molson Coors faces headwinds as competitors regain market share, with a 6.1% sales decline in Q2 2024 signaling challenges in sustaining recent growth |
Strategic Shift | Explore Molson Coors' ambitious plan to boost premium offerings to one-third of its portfolio, emphasizing Beyond Beer segment for diversification |
Financial Outlook | Analysts project EPS of $5.52-$5.78 for FY1 and $5.77-$6.06 for FY2, with an average price target range of $47-$57, reflecting mixed market sentiment |
Competitive Edge | Delve into Molson Coors' cost-saving initiatives and premiumization strategy, potentially offsetting market pressures and driving future growth |
Metrics to compare | TAP | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipTAPPeersSector | |
---|---|---|---|---|
P/E Ratio | 12.1x | 22.0x | 11.7x | |
PEG Ratio | 0.04 | 0.07 | 0.03 | |
Price/Book | 0.9x | 2.2x | 1.5x | |
Price / LTM Sales | 1.0x | 1.2x | 0.9x | |
Upside (Analyst Target) | 14.1% | 18.9% | 22.8% | |
Fair Value Upside | Unlock | 17.6% | 8.5% | Unlock |