Molson Coors Brewing Company (TAP): Today's Featured Consumer Goods Winner

Molson Coors Brewing Company (TAP) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.6%. By the end of trading, Molson Coors Brewing Company rose 26 cents (0.6%) to $40.73 on light volume. Throughout the day, 876,397 shares of Molson Coors Brewing Company exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $40.18-$40.79 after having opened the day at $40.35 as compared to the previous trading day's close of $40.47. Other companies within the Consumer Goods sector that increased today were: Cereplast (CERP), up 22.3%, ATC Venture Group (ATC), up 10%, Joe's Jeans (JOEZ), up 9%, and Forward Industries (FORD), up 6.2%.

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Molson Coors Brewing Company manufactures and sells beer and other beverage products. Molson Coors Brewing Company has a market cap of $6.25 billion and is part of the food & beverage industry. The company has a P/E ratio of 11, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 7.9% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Molson Coors Brewing Company a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Molson Coors Brewing Company as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and deteriorating net income.

• You can view the full Molson Coors Brewing Ratings Report.

On the negative front, Enova Systems (ENA), down 12.4%, Mannatech (MTEX), down 10.8%, Central European Distribution (CEDC), down 10.4%, and MOD-PAC Corporation (MPAC), down 10.2%, were all losers within the consumer goods sector with Lululemon Athletica (LULU) being today's consumer goods sector loser.

• Use our consumer goods section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods (IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods (SZK).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Molson Coors Brewing Company click any of the following:

• Molson Coors Brewing Company Stock Price

• Molson Coors Brewing Company Analyst Ratings

• Molson Coors Brewing Company Key Stats & Profile

• Molson Coors Brewing Company Earnings

• Molson Coors Brewing Company Ratio Comparison

• Molson Coors Brewing Company Growth Rates

• Molson Coors Brewing Company Balance Sheet

• Molson Coors Brewing Company Cash Flow

• Molson Coors Brewing Company Income Statement