As of May, 2 Analysts See $0.83 EPS for Molson Coors Brewing Company (TAP)

April 20, 2018 - By Maria Robertson

Molson Coors Brewing Company (NYSE:TAP) Corporate Logo
During 2017 Q4 the big money sentiment decreased to 1.11. That’s change of 0.07, from 2017Q3’s 1.18. 62 investors sold all, 138 reduced holdings as Molson Coors Brewing Company ratio turned negative. 156 rose positions while 66 funds amassed positions. Funds hold 159.01 million shares thus 1.37% less from 2017Q3’s 161.22 million shares.
Prudential Pcl accumulated 170,927 shs. Nordea Invest Mgmt holds 0.05% or 262,675 shs in its capital. Federated Pa accumulated 0% or 3,809 shs. Westpac Bk reported 16,513 shs. Oregon Public Employees Retirement Fund reported 19,741 shs stake. Cipher Capital Ltd Partnership holds 73,327 shs or 0.48% of its capital. Lazard Asset Ltd Company stated it has 1.84% of its capital in Molson Coors Brewing Company (NYSE:TAP). Champlain Investment Prtnrs Limited Co owns 1.23% invested in Molson Coors Brewing Company (NYSE:TAP) for 1.33M shs. Nuwave Inv Mgmt invested in 0.02% or 255 shs. Nelson Van Denburg Campbell Wealth Gru Limited Liability stated it has 0% in Molson Coors Brewing Company (NYSE:TAP). Teacher Retirement Of Texas owns 51,624 shs or 0.03% of their US capital. Natl Invest Wi stated it has 14,741 shs. Pictet Asset Ltd stated it has 0.02% of its capital in Molson Coors Brewing Company (NYSE:TAP). Parkside Fin Natl Bank Trust, a Missouri-based fund reported 75 shs. South Dakota Invest Council holds 203,550 shs or 0.37% of its capital.

Molson Coors Brewing Company had 2 insider sales and 0 buys since January 16, 2018. This’s net activity of $4.74 million. Cox Simon also sold $16,378 worth of Molson Coors Brewing Company (NYSE:TAP) on Tuesday, February 20.

Molson Coors Brewing Company (NYSE:TAP) is anticipated to announce earnings on May, 2 before the open., Zacks reports. Analysts have anticipation on stock’s earnings per share of $0.83. That’s up 9.21 % from last year’s $0.76 earnings per share. This could reach $179.09M profit for TAP assuming the current $0.83 earnings per share will become reality. Analysts at Wall Street see Molson Coors Brewing Company’s 33.87 % EPS growth compared to $0.62 earnings per share for last quarter. Ticker’s shares touched $71.88 during the last trading session after 1.62% change.Molson Coors Brewing Company has volume of 316,023 shares. Since April 20, 2017 TAP has declined 23.05% and is downtrending. TAP underperformed by 34.60% the S&P 500.

Molson Coors Brewing Company (NYSE:TAP) Ratings Coverage

In total 11 analysts cover Molson Coors (NYSE:TAP). “Buy” rating has 7, “Sell” are 0, while 4 are “Hold”. (NYSE:TAP) has 64% bullish analysts. 18 are the (NYSE:TAP)’s ratings reports on Apr 20, 2018 according to StockzIntelligence Inc. On Wednesday, April 18 the company was maintained by Stifel Nicolaus. On Thursday, February 8 the rating was upgraded by Berenberg to “Hold”. On Monday, February 12 the company was upgraded by Credit Suisse. In Monday, October 23 report Stifel Nicolaus maintained it with “Buy” rating and $115.0 target. On Monday, February 12 the firm has “Buy” rating by Susquehanna given. In Thursday, February 15 report Credit Suisse maintained it with “Outperform” rating and $96 target. On Thursday, April 5 the stock has “Buy” rating by Citigroup. On Tuesday, April 17 the firm has “Hold” rating given by Goldman Sachs. On Thursday, February 1 the firm has “Buy” rating given by Stifel Nicolaus. On Friday, November 3 Citigroup maintained Molson Coors Brewing Company (NYSE:TAP) with “Buy” rating.

Molson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally.The firm is worth $15.51 billion. It sells various products under the Coors Light, Miller Lite, Coors Banquet, the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Keystone, Icehouse, Mickey??s, Miller 64, Miller Genuine Draft, Miller High Life, Milwaukee??s Best, Hamm's, Olde English 800, Steel Reserve, Crispin, Smith & Forge, Redd's, the Henry??s Hard Soda, and Steel Reserve Alloy Series brands.11.01 is the P/E ratio. The firm also offers various brands, including Molson Canadian, Belgian Moon, Carling, Carling Black Label, Creemore Springs, the Granville Island, Mad Jack, the Miller, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Old Style Pilsner, and the Rickard's family of brands.

Molson Coors Brewing Company (NYSE:TAP) Institutional Investors Chart

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