Stock Analysis: Molson Coors Beverage Co B (TAP)

Stock Analysis for Molson Coors Beverage Co B (TAP)

The Interpreter
Hey Friend, I'm analysing MOLSON COORS BEVERAGE CO B (TAP), and it is between the Support of $ 66.16 (Triangle Projection Level 1) and the Resistance of $ 66.60 (100% of Fibonacci). The stock is falling and may come close and reach $ 66.16 soon.

Molson Coors Beverage Co B (TAP)

$ 62.83 -1.4%

Last Close 25-Apr-24

Trade TAP Now

Supports

Next Support: $ 66.16

Pivot S2: $ 65.99
Fibonacci 61.8%: $ 63.33
Triangle Level (1): $ 66.16

Resistances

Next Resistance: $ 66.60

Pivot S1: $ 66.67
Fibonacci 100%: $ 66.60

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 06 Mar 2024	Sell Price: 62.77	Loss: Close Day2 ($ 64.56)	Dark Cloud Cover	Sell
002 04 Mar 2024	Buy Price: 62.34	Profit: Open Day1 ($ 62.58)	Piercing Line	Buy
003 29 Feb 2024	Sell Price: 62.42	Profit: Open Day1 ($ 62.38)	Abandoned Baby	Sell
004 21 Feb 2024	Sell Price: 62.47	Profit: Open Day1 ($ 62.00)	Dark Cloud Cover	Sell
005 19 Oct 2023	Sell Price: 58.34	Profit: Close Day2 ($ 57.62)	Engulfing	Sell
006 24 Aug 2023	Sell Price: 62.54	Loss: Close Day2 ($ 62.89)	Engulfing	Sell
007One Year Average	Both Sides Result for 6 Signals	Loss: $ -0.67 ($ -0.11 / Signal) -1.1% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for TAP Below.

Please Subscribe to See
The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	63.26	SELL	2	63.17	SELL
3	63.57	SELL	3	63.40	SELL
5	63.89	SELL	5	63.69	SELL
8	63.77	SELL	8	64.08	SELL
13	64.91	SELL	13	64.62	SELL
21	65.88	SELL	21	65.08	SELL
34	66.18	SELL	34	65.14	SELL
55	64.64	SELL	55	64.76	SELL
90	63.68	SELL	90	64.08	SELL
200	63.04	SELL	200	62.55	BUY

Company Info +

Name & IPO

Molson Coors Beverage Co - B
IPO: 1999-03-11

Stock Ticker & Exchange

Ticker: TAPIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.molsoncoors.com/
Phone:

Stock Type

Common Stock

SIC Office

Manufacturing ()

Industry

Malt Beverages

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

	Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
1	Assets +	27,331	28,860	30,110	30,247	29,342	12,276	13,996	15,580	16,212	12,424	12,698	12,021	10,387	377	182
2	Cash and Cash Equivalents +	770	523	1,058	419	561	431	625	442	624	1,079	1,218	734	216	377	182
3	Property +	4,250	4,546	4,608	4,674	4,507	1,591	1,798	1,970	1,996	1,430	1,389	1,292	1,302	0	0
4	Property +	7,667	7,551	7,167	6,770	6,007	2,981	3,141	3,429	3,220	2,450	2,315	2,235	0	0	0
5	Intangible Assets +	13,556	13,656	13,776	14,296	14,032	4,746	5,756	6,825	7,235	4,586	4,655	4,535	3,923	0	0
6	Finite-Lived Intangible Assets +	-1,206	-995	-810	-662	-404	-342	-360	-514	-497	-443	-407	-357	-275	0	0
7	Liabilities and Equity +	27,331	28,860	30,110	30,247	29,342	12,276	13,996	15,580	16,212	12,424	12,698	12,021	10,387	7,252	5,863
8	Liabilities +	14,710	15,187	16,374	16,812	17,720	5,213	6,110	6,916	8,221	4,734	4,855	4,928	4,347	0	0
9	Debt and Lease Obligation +	14	8	12	387	7	8	5	525	13	2	0	0	0	0	0
10	Stockholders' Equity +	12,621	13,673	13,736	13,435	11,622	7,063	7,886	8,664	7,992	7,690	7,843	7,093	6,039	7,252	5,863
11	Stockholders' Equity Attributable to Parent +	12,365	13,419	13,507	13,226	11,419	7,043	7,863	8,639	7,967	7,648	7,799	7,080	6,055	0	0
12	Partners' Capital +	6,544	7,617	7,693	7,206	6,119	4,496	4,440	4,233	3,900	3,690	3,242	2,735	2,185	0	0
13	Partners' Capital +	6,544	7,617	7,693	7,206	6,119	4,496	4,440	4,233	3,900	3,690	3,242	2,735	2,185	0	0
14	Limited Liability Company (LLC) Members' Equity +	5,376	6,455	6,543	6,346	4,573	2,801	3,542	4,388	3,828	3,560	3,413	2,756	1,814	0	0
15	Limited Liability Company (LLC) Members' Equity +	5,376	6,455	6,543	6,346	4,573	2,801	3,542	4,388	3,828	3,560	3,413	2,756	1,814	0	0
16	Current Assets +	2,419	2,184	2,766	2,190	2,170	1,259	1,579	1,538	1,748	2,118	2,221	1,763	1,107	0	0
17	Current Receivables +	8	9	8	6	685	442	567	31	52	59	67	53	40	0	0
18	Inventory +	664	616	592	592	593	179	202	205	214	207	195	236	192	0	0
19	Current Prepaid Expense +	0	0	0	41	36	11	16	14	24	22	13	14	0	0	0
20	Current Disposal Group +	0	0	0	0	0	0	0	0	0	0	1	10	2	0	0
21	Long-Term Assets +	7,795	9,134	9,376	9,500	8,632	2,200	2,396	2,679	2,650	1,619	1,627	1,591	1,501	0	0
22	Long-term Investments and Receivables +	0	0	0	0	0	20	22	24	26	33	43	49	52	0	0
23	Long-Term Disposal Group +	0	0	0	0	0	0	0	0	0	0	1	10	0	0	0
24	Current Liabilities +	3,910	3,696	4,301	3,399	3,158	1,217	2,325	2,142	2,599	1,277	1,334	1,581	986	0	0
25	Long-Term Other Undisclosed Liabilities	0	0	0	0	0	0	0	0	0	0	1,411	1,730	1,436	0	0
26	Long-Term Liabilities +	2,995	2,845	9,218	10,915	11,668	2,986	2,433	3,304	3,536	2,015	3,521	3,347	3,361	0	0
27	Increase (Decrease) in Stockholders' Equity [Roll Forward] +	-471	-471	-471	-471	-471	-471	-321	-321	-321	-321	0	0	0	0	0
28	Treasury Stock Transactions +	-471	-471	-471	-471	-471	-471	-321	-321	-321	-321	0	0	0	0	0
29	Treasury Stock +	-471	-471	-471	-471	-471	-471	-321	-321	-321	-321	0	0	0	0	0
30	Current Other Assets +	297	225	246	278	211	105	79	82	89	72	58	48	47	0	0
31	Total Current Assets +	2,419	2,184	2,766	2,190	2,170	1,259	1,579	1,538	1,748	2,118	2,221	1,763	1,107	0	0
32	Operating Lease +	136	154	0	0	0	0	0	0	0	0	0	0	0	0	0
33	Finance Lease +	196	227	0	0	0	0	0	0	0	0	0	0	0	0	0
34	Goodwill +	6,151	7,631	8,261	8,406	8,250	1,983	2,192	2,419	2,453	1,453	1,489	1,475	1,298	0	0
35	Long-Term Other Assets +	955	842	698	682	382	217	204	260	197	166	138	116	203	0	0
36	Assets for Plan Benefits +	1,448	1,276	1,115	1,094	0	0	0	0	0	0	0	0	0	0	0
37	Total Assets +	27,331	28,860	30,110	30,247	29,342	12,276	13,996	15,580	16,212	12,424	12,698	12,021	10,387	0	0
38	Total Liabilities +	14,710	15,187	16,374	16,812	17,720	5,213	6,110	6,916	8,221	4,734	4,855	4,928	4,347	0	0
39	Stockholders' Equity Attributable to Noncontrolling Interest +	256	254	228	209	203	20	23	25	25	42	44	13	-16	0	0
40	Total Stockholders' Equity +	12,621	13,673	13,736	13,435	11,622	7,063	7,886	8,664	7,992	7,690	7,843	7,093	6,039	7,252	5,863
41	Total Liabilities and Equity +	27,331	28,860	30,110	30,247	29,342	12,276	13,996	15,580	16,212	12,424	12,698	12,021	10,387	0	0

Income Statement +

in USD millions (if not decimal) - Dictionary

	Year	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
1	Revenue from Contract with Customer +	9,654	10,579	10,770	11,003	4,885	0	0	0	0	0	0	0	0	0
2	Total Revenues +	11,724	13,009	13,338	13,472	6,597	0	0	0	0	0	0	0	0	0
3	Total Cost of Goods and Services Sold +	0	-6,378	-6,585	-6,237	-2,999	0	0	0	0	0	0	0	0	0
4	Total Gross Profit +	0	4,201	4,185	4,786	1,882	1,404	1,653	1,660	1,564	1,467	1,442	1,306	1,934	2,488
5	Total Depreciation +	0	859	858	813	388	314	313	320	273	217	202	187	273	346
6	Total Restructuring +	0	709	-250	28	-2,524	347	324	200	81	12	21	33	134	112
7	Operating Lease +	0	71	0	0	0	0	0	0	0	0	0	0	0	0
8	Total Selling-General and Administrative Expense +	0	2,728	2,803	3,032	1,597	1,052	1,164	1,194	1,126	1,019	1,012	901	1,333	1,734
9	Total Operating Income (Loss) +	0	764	1,632	1,725	3,309	522	726	806	867	893	864	754	622	641
10	Derivative Instruments Not Designated as Hedging Instruments +	0	-45	-134	142	-28	-20	-8	-8	7	-4	44	-9	0	0
11	Investment Income +	0	8	8	6	27	8	11	14	11	11	11	11	17	27
12	Total Other Nonoperating Income (Expense) +	0	-15	-12	0	-30	1	-6	19	-90	-11	44	49	-8	18
13	Total Nonoperating Income (Expense) +	0	-284	-272	-343	-274	-111	-140	-151	-275	-119	-56	-36	-123	-115
14	Interest Expense +	0	272	304	339	262	116	145	184	196	119	110	97	119	0
15	Total Interest Expense +	0	281	306	349	272	120	145	184	196	119	110	97	119	135
16	Total Gain (Loss) on Extinguishment of Debt +	0	0	0	0	0	0	0	0	0	0	0	0	12	24
17	Total Income (Loss) from Continuing Operations before Equity Method Investments +	0	0	0	1,382	3,035	411	586	654	592	774	809	718	499	526
18	Income (Loss) from Equity Method Investments +	0	0	0	0	3	4	-2	19	16	23	18	7	24	7
19	Total Income (Loss) from Continuing Operations before Income Taxes +	0	480	1,360	1,382	3,035	411	586	654	592	0	0	0	0	0
20	Income Tax Expense (Benefit) +	0	-234	-225	53	-1,051	-52	-69	-84	-154	-99	-139	15	-96	-1
21	Total Income (Loss) from Continuing Operations +	0	12	910	1,488	934	307	448	486	284	576	531	747	307	524
22	Total Discontinued Operation +	0	0	0	0	0	0	0	0	4	3	-2	-9	-12	0
23	Total Income (Loss) from Discontinued Operations +	0	0	0	0	0	0	0	0	0	0	43	0	0	0
24	Total Net Income (Loss) +	0	246	1,135	1,436	1,982	363	518	572	439	677	710	723	391	507
25	Total Net Income (Loss) Attributable to Noncontrolling Interest +	0	-4	-18	-22	-6	-3	-4	-5	4	-1	-2	-3	-12	-15
26	Total Net Income (Loss) Attributable to Parent +	0	242	1,116	1,414	1,976	360	514	567	443	676	708	720	379	492
27	Income (Loss) from Continuing Operations +	0	246	1,135	1,435	1,985	359	517	570	438	675	670	732	403	525
28	Total Income (Loss) from Continuing Operations +	0	0	0	2,848	3,964	715	1,031	1,135	880	1,349	1,338	1,461	794	1,035
29	Income (Loss) from Discontinued Operations +	0	0	0	0	0	0	0	0	0	0	43	0	0	0
30	Total Income (Loss) from Discontinued Operations +	0	0	0	2	-3	4	0	2	2	2	40	-9	-12	-18
31	Income (Loss) from Continuing Operations +	0	1.12	5.17	6.56	9.33	1.92	2.78	3.09	2.44	3.65	3.59	3.96	2.14	2.85
32	Total Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations +	0	0	0	0.01	-0.01	0.02	0	0.01	0.01	0.01	0.21	-0.05	-0.07	-0.10
33	Total Earnings Per Share +	0	0	0	6.57	9.32	1.94	2.78	3.10	2.45	3.66	3.80	3.91	2.07	2.75
34	Income (Loss) from Continuing Operations +	0	1.12	5.17	6.56	9.33	1.92	2.78	3.09	2.44	3.65	3.59	3.96	2.14	2.85
35	Income (Loss) from Continuing Operations +	0	1.11	5.15	6.52	9.27	1.91	2.76	3.07	2.43	3.62	3.57	3.92	2.11	2.81
36	Total Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations +	0	0	0	0.01	-0.01	0.02	0	0.01	0.01	0.01	0.21	-0.05	-0.07	-0.10
37	Total Earnings Per Share +	0	0	0	6.53	9.26	1.93	2.76	3.08	2.44	3.63	3.78	3.87	2.04	2.71
38	Common Stock Dividends +	0	1.96	1.64	1.64	1.64	1.64	1.48	1.28	1.28	1.24	1.08	0.92	0.76	0
39	Common Stock Dividends +	0	0	0	0	0	0	0	0	0	2.48	2.16	1.84	1.52	0

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

SEC Filings +

SEC Filings (click for details) SEC Filings Web Page for Molson Coors Beverage Co B

Stock Peers for TAP

Settings

Customize the overall color scheme, sidebar menu, etc.

Color Scheme

Light Mode

Dark Mode

Left Sidebar

Scrollable

Condensed

Subscribe Now