EPS for Molson Coors Brewing Company (TAP) Expected At $0.83

April 26, 2018 - By Peter Erickson

Molson Coors Brewing Company (NYSE:TAP) LogoInvestors sentiment decreased to 1.11 in 2017 Q4. Its down 0.07, from 1.18 in 2017Q3. It fall, as 62 investors sold Molson Coors Brewing Company shares while 138 reduced holdings. 66 funds opened positions while 156 raised stakes. 159.01 million shares or 1.37% less from 161.22 million shares in 2017Q3 were reported.
Oakbrook Invs Limited Co invested in 0.07% or 14,345 shares. Axa has invested 0.01% in Molson Coors Brewing Company (NYSE:TAP). Robeco Institutional Asset Management Bv reported 14,552 shares. Adage Cap Ptnrs Group Lc holds 261,136 shares or 0.05% of its portfolio. Ledyard Fincl Bank holds 0.01% or 1,325 shares. Geode Cap Management Limited Liability Corporation has invested 0.06% in Molson Coors Brewing Company (NYSE:TAP). Mason Street Advisors Ltd accumulated 25,736 shares. Proshare Advsr Lc holds 54,930 shares or 0.03% of its portfolio. Diversified Trust Commerce accumulated 45,322 shares. First L P holds 0.04% of its portfolio in Molson Coors Brewing Company (NYSE:TAP) for 222,015 shares. Oakworth Cap Incorporated owns 13 shares or 0% of their US portfolio. Consolidated Limited Co holds 5,500 shares or 0.23% of its portfolio. Moreover, Regions Financial has 0.01% invested in Molson Coors Brewing Company (NYSE:TAP) for 5,693 shares. Jane Street Grp Inc Limited Liability invested 0.01% in Molson Coors Brewing Company (NYSE:TAP). Mackenzie Fincl holds 0.03% in Molson Coors Brewing Company (NYSE:TAP) or 172,698 shares.

Since January 16, 2018, it had 0 insider buys, and 2 sales for $4.74 million activity. 55,603 Molson Coors Brewing Company (NYSE:TAP) shares with value of $4.73 million were sold by COORS PETER H.

Analysts expect Molson Coors Brewing Company (NYSE:TAP) to report $0.83 EPS on May, 2 before the open.They anticipate $0.07 EPS change or 9.21 % from last quarter’s $0.76 EPS. TAP’s profit would be $179.21 million giving it 21.96 P/E if the $0.83 EPS is correct. After having $0.62 EPS previously, Molson Coors Brewing Company’s analysts see 33.87 % EPS growth. The stock increased 1.40% or $1.007 during the last trading session, reaching $72.917. About 1.01 million shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 23.05% since April 26, 2017 and is downtrending. It has underperformed by 34.60% the S&P500.

Molson Coors Brewing Company (NYSE:TAP) Ratings Coverage

Among 11 analysts covering Molson Coors (NYSE:TAP), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Molson Coors had 17 analyst reports since October 27, 2017 according to SRatingsIntel. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Buy” rating given on Monday, February 12 by Susquehanna. On Monday, February 12 the stock rating was upgraded by Credit Suisse to “Outperform”. The rating was initiated by BMO Capital Markets with “Buy” on Monday, February 5. The firm has “Buy” rating given on Thursday, March 22 by Susquehanna. The firm has “Buy” rating given on Thursday, April 5 by Citigroup. Cowen & Co maintained it with “Hold” rating and $96.0 target in Friday, October 27 report. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Hold” rating by Berenberg on Thursday, February 8. The rating was maintained by Cowen & Co on Monday, January 8 with “Hold”. Stifel Nicolaus maintained the shares of TAP in report on Friday, December 22 with “Buy” rating. The firm has “Buy” rating given on Friday, November 3 by Citigroup.

Molson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally. The company has market cap of $15.74 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. It has a 11.17 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 Positions Chart

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