Home Sectors Consumer Defensive Present Performance: Molson Coors Brewing Company (NYSE: TAP)

Present Performance: Molson Coors Brewing Company (NYSE: TAP)

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Molson Coors Brewing Company is in the alcoholic beverages industry and trades as part of the consumer defensive sector. The company CEO is Mark R. Hunter. Molson Coors Brewing Co is engaged in brewing activities. It has a diverse portfolio of owned and partner brands, including core brands Carling, Coors Light, Molson Canadian and Staropramen, as well as craft and specialty beers such as Blue Moon.

Previous Intraday Trading Performance:

The TAP stock showed a previous change of 0.65% with an open at 65.12 and a close of 65.36. It reached an intraday high of 65.39 and a low of 64.60.

SeekingAlpha:  Notable earnings before Tuesday’s open

Liquidity:

The stock has a market cap of $10.6b with 162.8m shares outstanding, of which the float is 160.1m shares. Trading volume reached 2,465,045 shares compared to its average volume of 1,644,615 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Molson Coors Brewing Company shares returned -1.73% and in the past 30 trading days it returned 16.84%. Over three months, it changed 0.41%. In one year it has changed -11.61% and within that year its 52-week high was 82.29 and its 52-week low was 54.17. TAP stock is 20.66% above its 52 Week Low.

Our calculations show a 200 day moving average of 63.43 and a 50 day moving average of 62.38. Currently TAP stock is trading 3.05% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Molson Coors Brewing Q4 Earnings Preview

Earnings:

The last annual fiscal EPS for the company was reported at 6.53 that ended on 31st of December 2017, which according to the previous close, that is a PE of 10.01. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.78. The TTM EPS is 4.82, which comes to a TTM PE of 13.56. Historically, the PE high was 58.10 and the PE low was 8.20. If the stock reached its PE low, that would represent a price of 39.52, which is a decrease of -39.53%.

The following are the last four quarter reported earnings per share:
09-30-2018:  1.84
06-30-2018:  1.88
03-31-2018:  0.48
12-31-2017:  0.62

The dividend per share is currently 1.64, which is a dividend yield of 2.51%. Also, the payout ratio is 34.02%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 141.04, which means it is possibly undervalued and has a margin of safety of 53.66%

Indicators to Watch:

Based on the latest filings, there is 1.30% of insider ownership and 115.00% of institutional ownership. Short-interest is 6,976,843, which is 4.29% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.32. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.82

SeekingAlpha:  Molson Coors Brewing Q4 Earnings Preview

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.37%, return on assets is 5.33%, profit margin is 10.27%, price-to-sales is 1.02 and price-to-book is 1.01.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 0  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.