How to buy Molson Coors Beverage Company (TAP) shares in Australia

Learn how to easily invest in Molson Coors Beverage Company shares.

Molson Coors Beverage Company
NYSE: TAP - USD
BEVERAGES-BREWERS
$43.55
- $0.21 ( - 0.48%)

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Molson Coors Beverage Company (TAP) is a leading beverages-brewers business with stocks listed in the US. It opened the day at US$53.19 after a previous close of US$52.73. During the day the price has varied from a low of USD52.93 to a high of USD53.74. The latest price was USD53.18 (25 minute delay). Molson Coors Beverage Company is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Molson Coors Beverage Company

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Molson Coors Beverage Company. Find the share by name or ticker symbol: TAP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Molson Coors Beverage Company reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$52.73, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Molson Coors Beverage Company, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Molson Coors Beverage Company. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Molson Coors Beverage Company stock price (NYSE:TAP)

Use our graph to track the performance of TAP stocks over time.

Molson Coors Beverage Company shares at a glance

Information last updated 2021-07-09.
OpenUS$53.19
HighUS$53.74
LowUS$52.93
CloseUS$53.18
Previous closeUS$52.73
Change US$0.45
Change % 0.8534%
Volume 1,145,218
Information last updated 2021-10-24.
52-week rangeUS$32.3055 - US$61.0368
50-day moving average US$46.2403
200-day moving average US$51.6267
Target priceUS$56.21
PE ratio N/A
Dividend yield US$0 (0%)
Earnings per share (TTM) US$-2.562

Where to buy Molson Coors Beverage Company stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
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IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Molson Coors Beverage Company stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Molson Coors Beverage Company share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Molson Coors Beverage Company shares?

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Molson Coors Beverage Company price performance over time

Historical closes compared with the last close of $53.18

1 week (2021-10-19) 18.28%
1 month (2021-09-24) 14.34%
3 months (2021-07-26) 5.33%
6 months (2021-04-26) 0.45%
1 year (2020-10-26) 52.47%
2 years (2019-10-25) -6.44%
3 years (2018-10-26) -4.52%
5 years (2016-10-26) -49.88%

Is Molson Coors Beverage Company under- or over-valued?

Valuing Molson Coors Beverage Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Molson Coors Beverage Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Molson Coors Beverage Company's PEG ratio

Molson Coors Beverage Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5599. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Molson Coors Beverage Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Molson Coors Beverage Company's EBITDA

Molson Coors Beverage Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$2.4 billion (£1.7 billion).

The EBITDA is a measure of a Molson Coors Beverage Company's overall financial performance and is widely used to measure a its profitability.

Molson Coors Beverage Company financials

Revenue TTM US$9.9 billion
Operating margin TTM 16.53%
Gross profit TTM US$3.8 billion
Return on assets TTM 3.57%
Return on equity TTM -4.19%
Profit margin -5.61%
Book value 59.865
Market capitalisation US$9.7 billion

TTM: trailing 12 months

Shorting Molson Coors Beverage Company shares

There are currently 15.8 million Molson Coors Beverage Company shares held short by investors – that's known as Molson Coors Beverage Company's "short interest". This figure is 5.2% up from 15.1 million last month.

There are a few different ways that this level of interest in shorting Molson Coors Beverage Company shares can be evaluated.

Molson Coors Beverage Company's "short interest ratio" (SIR)

Molson Coors Beverage Company's "short interest ratio" (SIR) is the quantity of Molson Coors Beverage Company shares currently shorted divided by the average quantity of Molson Coors Beverage Company shares traded daily (recently around 1.6 million). Molson Coors Beverage Company's SIR currently stands at 9.8. In other words for every 100,000 Molson Coors Beverage Company shares traded daily on the market, roughly 9800 shares are currently held short.

However Molson Coors Beverage Company's short interest can also be evaluated against the total number of Molson Coors Beverage Company shares, or, against the total number of tradable Molson Coors Beverage Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Molson Coors Beverage Company's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Molson Coors Beverage Company shares in existence, roughly 70 shares are currently held short) or 0.111% of the tradable shares (for every 100,000 tradable Molson Coors Beverage Company shares, roughly 111 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Molson Coors Beverage Company.

Find out more about how you can short Molson Coors Beverage Company stock.

Molson Coors Beverage Company's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Molson Coors Beverage Company.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Molson Coors Beverage Company's total ESG risk score

Total ESG risk: 23.91

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Molson Coors Beverage Company's overall score of 23.91 (as at 12/31/2018) is excellent – landing it in it in the 20th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Molson Coors Beverage Company is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Molson Coors Beverage Company's environmental score

Environmental score: 7.19/100

Molson Coors Beverage Company's environmental score of 7.19 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Molson Coors Beverage Company is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Molson Coors Beverage Company's social score

Social score: 12.6/100

Molson Coors Beverage Company's social score of 12.6 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Molson Coors Beverage Company is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Molson Coors Beverage Company's governance score

Governance score: 10.62/100

Molson Coors Beverage Company's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Molson Coors Beverage Company is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Molson Coors Beverage Company's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Molson Coors Beverage Company scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Molson Coors Beverage Company has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Molson Coors Beverage Company was last rated for ESG on: 2019-01-01.

Total ESG score 23.91
Total ESG percentile 19.58
Environmental score 7.19
Environmental score percentile 6
Social score 12.6
Social score percentile 6
Governance score 10.62
Governance score percentile 6
Level of controversy 2

Molson Coors Beverage Company share dividends

9%

Dividend payout ratio: 9.42% of net profits

Recently Molson Coors Beverage Company has paid out, on average, around 9.42% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.77% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Molson Coors Beverage Company shareholders could enjoy a 0.77% return on their shares, in the form of dividend payments. In Molson Coors Beverage Company's case, that would currently equate to about $0 per share.

While Molson Coors Beverage Company's payout ratio might seem low, this can signify that Molson Coors Beverage Company is investing more in its future growth.

Molson Coors Beverage Company's most recent dividend payout was on 16 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 26 August 2021 (the "ex-dividend date").

Have Molson Coors Beverage Company's shares ever split?

Molson Coors Beverage Company's shares were split on a 2:1 basis on 3 October 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Molson Coors Beverage Company shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Molson Coors Beverage Company shares which in turn could have impacted Molson Coors Beverage Company's share price.

Molson Coors Beverage Company share price volatility

Over the last 12 months, Molson Coors Beverage Company's shares have ranged in value from as little as US$32.3055 up to US$61.0368. A popular way to gauge a stock's volatility is its "beta".

TAP.US volatility(beta: 1.11)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Molson Coors Beverage Company's is 1.109. This would suggest that Molson Coors Beverage Company's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Molson Coors Beverage Company overview

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. 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.

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