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Molson Coors Beverage (NYSE:TAP) Stock

Molson Coors Beverage

Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling and ranks as the second-largest beer maker in both value and volume terms in the US, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the US, given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.

Molson Coors Beverage Company Class B Common Stock

Molson Coors Beverage Co

Molson Coors Beverage Company Class A Common Stock

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Needham analyst Gerald Pascarelli reiterates Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) with a Buy and maintains $72 price target.

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Analyst Ratings

Needham Reiterates Buy on Molson Coors Beverage, Maintains $72 Price Target

Molson Coors Beverage Company ("Molson Coors" or the "Company") (NYSE:<a href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>, TAP.A, TSX:<a href="https://www.benzinga.com/stock/TPX#TSX">TPX</a>, TPX.B)) today announced that after 28 years in the beer industry, including over six years as President and CEO of Molson Coors Beverage Company, Gavin Hattersley has informed the Company and the Board of Directors (the "Board") that he intends to retire from the Company and as a member of the Board, in each case, by December 31, 2025.
&nbsp;
In accordance with the Company's established governance policies, the Board is launching a search led by the Governance Committee to identify and appoint the next CEO. The Committee will benefit from its existing CEO-succession process and will consider internal and external candidates. A nationally recognized search firm will assist the Committee through the process.
"Gavin has been a steady hand at the wheel as CEO, navigating through incredible challenges that no one could ever have predicted while guiding our Company to growth, strengthening our foundation, and setting us up for an even brighter future to come," said Board Chair Geoff Molson. "Our business today stands on the shoulders of the many generations of the Molson and Coors families who have come before us. Gavin has lived up to their rich legacy, and he will retire having left an indelible mark on our business and the global beer industry. We are incredibly appreciative of his leadership."
"Gavin has always been a leader you can count on to operate with integrity, share his views openly and honestly, bring teams together, and do what's best for the business," said Board Vice-Chair David Coors. "Whether it's our people or our partners, Gavin's leadership has helped everyone around our business be their best, and he's put our Company on a path to an even brighter future. I want to thank Gavin for his many years of service, his leadership and his passion for our collective success."
Hattersley will retire having built a reputation as a leader with high integrity and will leave a legacy of leading with a steady hand during times of external challenge and change. Having entered the beer industry with South African Breweries (SAB) in 1997, Hattersley served in leadership roles at SABMiller, MillerCoors and Molson Coors. When SAB acquired Miller in 2002, he was the first South African to move into the U.S. business, and he has been one of the key leaders who helped grow the business. Since then, the Company has grown both its top and bottom line substantially, reaching annual net sales revenue of $11.6 billion and underlying income before income taxes of $1.6 billion in 2024.
He was also heavily involved in the creation of the MillerCoors U.S. joint venture in 2008, serving as the business's first CFO and later its CEO. Hattersley became CEO of Molson Coors in September 2019 and has led the Company to its strongest position since it was formed – returning the Company to growth under his Revitalization Plan and building on that growth with his Acceleration Plan.
In those six years, Molson Coors has delivered its two highest years of annual net sales revenue and its two highest years of underlying income before income taxes. The Company has reduced its net debt by nearly 40% since the end of 2019 and improved the balance sheet to its strongest position since the MillerCoors acquisition in 2016. It has premiumized its global portfolio and begun its transformation into a total beverage company. Hattersley also forged multiple partnerships in beer, including a joint venture with D.G. Yuengling and Sons, and beyond beer, including a relationship with The Coca-Cola Company and the commercialization rights to Fever-Tree in the U.S. Yet, he will contend that he is most proud of the amazing team he has helped create and the careers he has helped develop.
"We have accomplished so much over the past six years and one thing I'm certain of is that none of it would have been possible without each of the 16,000 people across our business," said Hattersley in a message to Molson Coors employees. "You built the plans. You brought them to life. You pushed in the right places. You saw what others didn't. You were willing to take smart risks, to live up to the rich history of our brands while building for an even brighter future. Whether you are on the Leadership Team or are just getting started in your career here, whether you work in the field, in our offices or in a brewery, whether you are in our largest market or our smallest, you are responsible for our success and you are leading Molson Coors to a brighter future."
The Board's intention is for the next CEO to build upon the successes of Hattersley's Revitalization and Acceleration Plans, continuing to strengthen the Company's core brands, premiumize its portfolio, expand beyond beer, and invest in the Company's capabilities and people to achieve its long-term growth ambitions.

Management

Molson Coors CEO Gavin Hattersley to Retire by 2025, Company Launches Search for Successor

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Shares of consumer staple companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

BofA Securities analysts Bryan D. Spillane, Lisa K. Lewandowski and Peter T. Galbo have put forward on Tuesday their research findings on consumer staple companies in the face of a potential recession.
The analysts said consumer staples have historically outperformed the S&amp;P 500 in most recent recessions, suggesting a defensive edge.
However, the analysts warned that current conditions, such as lingering high prices and weak volume growth, may limit their resilience in a future downturn.
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Still, their limited exposure to new tariffs could make the sector more appealing than others, potentially helping sustain valuation multiples.
During recessions, the Consumer Staples sector stock prices are primarily influenced by earnings per share (EPS) rather than sales growth.
Analysis shows that forward EPS estimates account for over 90% of stock price movement across key subsectors like Beverages, Household &amp; Personal Care (HPC), Packaged Food, and Tobacco, with the correlation being the tightest Beverages and HPC.
The analysts noted that this highlights the critical importance of earnings strength when evaluating stock performance in uncertain economic conditions.
A review of six past recessions reveals that certain Consumer Staples stocks consistently outperformed the S&amp;P 500.
Campbell Soup Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NYSE">CPB</a>), Colgate-Palmolive Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>), General Mills Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>), McCormick &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>), PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>), and Hormel Foods Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) each posted a 100% success rate in outperforming the index during those downturns.
In the last four recessions with the most comprehensive data, McCormick, General Mills, and Church &amp; Dwight Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHD#NYSE">CHD</a>) delivered the strongest relative performance.
Top-performing Consumer Staples stocks in a potential downturn will likely share three traits: profit flexibility to offset revenue pressure and rising costs, strong U.S. manufacturing presence to limit tariff-related inflation, and solid balance sheets capable of sustaining share buybacks to boost earnings per share.
Analysts see McCormick, Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) and Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) as well-defended, with Keurig Dr Pepper Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>), Molson Coors Beverage Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) and Altria Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>) in the next tier of potential outperformers.
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Trading Ideas

This Beverage Maker, Tobacco Company And Packaged Food Giant Outshine In A Recession

Jim Cramer, host of CNBC's "Mad Money," has recently highlighted a range of stocks that some believe will withstand market volatility and provide steady long-term returns. His recommendations often spark both interest and discussion among investors.
<h2 class="wp-block-heading">Market Movements and Mixed Signals</h2>
Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) remains among Cramer's top choices. The beverage giant posted a 6% increase in <a href="https://www.coca-colacompany.com/media-center/coca-cola-reports-fourth-quarter-and-full-year-2024-results">fourth-quarter revenue</a>, reaching $11.5 billion, while adjusted earnings per share rose 12% to $0.51.&nbsp;
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Organic revenue climbed 14% and global unit case volume edged up 2%. With a dividend yield of 2.91% and a record of 63 consecutive years of dividend increases, <a href="https://www.benzinga.com/personal-finance/25/03/44461710/warren-buffetts-24b-coca-cola-bet-still-pays-off-stock-nears-record-high-as-big-money-managers-scoop-up-shares">Coca-Cola</a> continues to be viewed as a stable investment in a turbulent market.
According to <a href="https://www.ainvest.com/news/jim-cramer-on-coca-cola-company-ko-definitely-a-stock-that-is-worth-owning-24101010c0e219af95fc94ce/">AInvest</a>, Coca-Cola's strategic partnerships with Brown-Forman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BF#NYSE">BF</a>, BF.B)) and Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) mark a significant expansion into the alcoholic beverage market. These collaborations could diversify Coca-Cola's product offerings and drive revenue growth, reinforcing its status as a stable investment choice.
In the banking sector, JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) has also caught Cramer's attention. According to <a href="https://www.insidermonkey.com/blog/jpmorgan-jpm-way-too-cheap-at-14x-earnings-jim-cramer-calls-it-the-premier-bank-1446450/">Insider Monkey</a>, he referred to JPMorgan as the &#8220;premier bank&#8221; and noted that its stock is &#8220;way too cheap&#8221; at 14 times earnings. The bank reported a record annual profit of $58.5 billion, bolstered by a fourth-quarter showing with net income of $4.81 per share and revenue of $4.7 billion, up 6% year over year.&nbsp;
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Record payments revenue reached $18.1 billion. JPMorgan Chase&#8217;s stock closed at $251.13 on March 25, reflecting a 40.14% increase over the past 52 weeks. The stock offers a dividend yield of 1.99%.
Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), the e-commerce and cloud computing giant, also features among Cramer's picks. Despite a near 11% drop in its stock price over the past month following a dip in cloud computing revenue, the company remains influential.&nbsp;
Amazon Web Services generated $28.8 billion in revenue in the <a href="https://ir.aboutamazon.com/news-release/news-release-details/2025/Amazon.com-Announces-Fourth-Quarter-Results/">fourth quarter</a>, while its advertising segment produced $17.3 billion. Overall, net sales increased 10% year over year to $187.8 billion, with net income of $20.0 billion.&nbsp;
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Amazon <a href="https://www.youtube.com/watch?v=B1_4Q4ec6lI">announced </a>during its fourth-quarter earnings call on Feb. 6, that it plans to invest $100 billion in artificial intelligence this year, reinforcing its long-term strategy to expand AI capabilities, particularly within AWS. CEO Andy Jassy stated that the &#8220;vast majority&#8221; of this investment will be allocated to AI infrastructure.
As of March 25, Amazon&#8217;s stock closed at approximately $205.73, a 13% increase over the past year. Market analyst Jim Cramer described the stock as a "real winner in the AI selloff," highlighting investor confidence in the company&#8217;s <a href="https://www.benzinga.com/startups/25/02/43681931/googles-ai-ambitions-spark-cost-cuts-over-25000-employees-offered-buyouts-as-company-focuses-on-speed-and-efficiency">AI</a>-driven growth trajectory.
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Personal Finance

AMZN

'Banks Will Never Go Out Of Business'—Jim Cramer Says JPMorgan Is Too Cheap To Ignore As It Hits Record $58.5B Profit

Barclays analyst Lauren Lieberman maintains Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) with a Equal-Weight and lowers the price target from $62 to $61.

Barclays Maintains Equal-Weight on Molson Coors Beverage, Lowers Price Target to $61

During the last three months, 11 analysts shared their evaluations of Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>), revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $61.91, along with a high estimate of $72.00 and a low estimate of $48.00. This upward trend is apparent, with the current average reflecting a 3.96% increase from the previous average price target of $59.55.
<img src="https://www.benzinga.com/files/images/story/2025/1741903329_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of Molson Coors Beverage among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Lauren Lieberman</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$62.00</td>
<td>$56.00</td>
</tr>
<tr>
<td>Lauren Lieberman</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$56.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>Peter Grom</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$63.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Gerald Pascarelli</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$72.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Dara Mohsenian</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$63.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Gerald Pascarelli</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$72.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Gerald Pascarelli</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$72.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Filippo Falorni</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$57.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Andrea Teixeira</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$58.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Lauren Lieberman</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$48.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Peter Grom</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$58.00</td>
<td>$60.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Molson Coors Beverage. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Molson Coors Beverage compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Molson Coors Beverage's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Molson Coors Beverage's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/TAP/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Molson Coors Beverage analyst ratings.</a>
<h2>Discovering Molson Coors Beverage: A Closer Look</h2>
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling and ranks as the second-largest beer maker in both value and volume terms in the us, Canada, and the United Kingdom. Through licensing agreements, the firm also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The brewer uses independent distributors in the us, given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market, contributing over 80% of total revenue.
<h3>Molson Coors Beverage: Financial Performance Dissected</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: Molson Coors Beverage's revenue growth over 3 months faced difficulties. As of 31 December, 2024, the company experienced a decline of approximately -1.98%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Staples sector.
Net Margin: Molson Coors Beverage's net margin excels beyond industry benchmarks, reaching 10.52%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Molson Coors Beverage's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.18%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Molson Coors Beverage's ROA excels beyond industry benchmarks, reaching 1.09%. This signifies efficient management of assets and strong financial health.
Debt Management: Molson Coors Beverage's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.47.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Molson Coors Beverage: Insights From 11 Analyst Reviews

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
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<li>Truist Securities boosted the price target for Mercury Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) from $49 to $56. Truist Securities analyst Michael Ciarmoli upgraded the stock from Hold to Buy. Mercury Systems shares closed at $42.10 on Wednesday. See how other analysts <a href="https://www.benzinga.com/quote/MRCY/analyst-ratings">view this stock</a>.</li>
<li>Oppenheimer cut Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) price target from $560 to $530. Oppenheimer analyst Brian Schwartz maintained an Outperform rating. Adobe shares closed at $438.60 on Wednesday. <a href="https://www.benzinga.com/quote/ADBE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho slashed the price target for American Homes 4 Rent (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMH#NYSE">AMH</a>) from $41 to $37. Mizuho analyst Haendel St. Juste maintained an Outperform rating. American Homes 4 Rent shares closed at $34.99 on Wednesday. <a href="https://www.benzinga.com/quote/AMH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut the price target for UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) from $16 to $12. Morgan Stanley analyst Sanjit Singh maintained an Equal-Weight rating. UiPath shares closed at $11.83 on Wednesday. <a href="https://www.benzinga.com/quote/PATH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Telsey Advisory Group cut Signet Jewelers Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>) price target from $65 to $55. Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating. Signet shares settled at $48.42 on Wednesday. <a href="https://www.benzinga.com/quote/SIG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keefe, Bruyette &amp; Woods raised AXIS Capital Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXS#NYSE">AXS</a>) price target from $115 to $118. Keefe, Bruyette &amp; Woods analyst Meyer Shields maintained an Outperform rating. AXIS Capital shares closed at $91.89 on Wednesday. <a href="https://www.benzinga.com/quote/AXS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities raised Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) price target from $19 to $25. B of A Securities analyst Vivek Arya upgraded the stock from Underperform to Neutral. Intel shares closed at $20.68 on Wednesday.  <a href="https://www.benzinga.com/quote/INTC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays raised the price target for Molson Coors Beverage Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) from $56 to $62. Barclays analyst Lauren Lieberman upgraded the stock from Underweight to Equal-Weight. Molson Coors shares settled at $59.38 on Wednesday. <a href="https://www.benzinga.com/quote/TAP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>DA Davidson raised Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) price target from $425 to $450. DA Davidson analyst Gil Luria upgraded the stock from Neutral to Buy. Microsoft shares closed at $383.27 on Wednesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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MSFT

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Microsoft To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Thursday

Barclays analyst Lauren Lieberman upgrades Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) from Underweight to Equal-Weight and raises the price target from $56 to $62.

Upgrades

Barclays Upgrades Molson Coors Beverage to Equal-Weight, Raises Price Target to $62

Shares of consumer stocks are trading lower. Weak guidance from Kohl's may causing consumer spending concerns. Additional steel and aluminum tariffs may also increase input costs for some companies.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 6th:
First United Corporation FUNC: This bank holding company for First United Bank &amp; Trust has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days.
<div class="chart_embed">
<h3>First United Corporation Price and Consensus</h3>
<a href="https://www.zacks.com/stock/chart/FUNC/price-consensus-chart?icid=chart-FUNC-price-consensus-chart"><img alt="First United Corporation Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/2d/1741245134.png" style="height:264px; width:568px" title="" /> </a>
<a href="https://www.zacks.com/stock/chart/FUNC/price-consensus-chart?icid=chart-FUNC-price-consensus-chart">First United Corporation price-consensus-chart</a> | <a href="https://www.zacks.com/stock/quote/FUNC?icid=chart-FUNC-price-consensus-chart">First United Corporation Quote</a>
</div>
First United&#39;s shares gained 17.1% over the last six months compared with the S&amp;P 500&#39;s advance of 5.5%. The company possesses a&nbsp;<a href="https://www.zacks.com/style-scores-education/">Momentum Score</a>&nbsp; of B.
<div class="chart_embed">
<h3>First United Corporation Price</h3>
<a href="https://www.zacks.com/stock/chart/FUNC/fundamental/price?icid=chart-FUNC-fundamental/price"><img alt="First United Corporation Price" src="https://staticx-tuner.zacks.com/images/charts/1f/1741245293.png" style="height:250px; width:533px" title="" /> </a>
<a href="https://www.zacks.com/stock/chart/FUNC/fundamental/price?icid=chart-FUNC-fundamental/price">First United Corporation price</a> | <a href="https://www.zacks.com/stock/quote/FUNC?icid=chart-FUNC-fundamental/price">First United Corporation Quote</a>
</div>
Molson Coors Beverage Company TAP: This beer and malt beverages company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.
<div class="chart_embed">
<h3>Molson Coors Beverage Company Price and Consensus</h3>
<a href="https://www.zacks.com/stock/chart/TAP/price-consensus-chart?icid=chart-TAP-price-consensus-chart"><img alt="Molson Coors Beverage Company Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/b0/1741245146.png" style="height:264px; width:568px" title="" /> </a>
<a href="https://www.zacks.com/stock/chart/TAP/price-consensus-chart?icid=chart-TAP-price-consensus-chart">Molson Coors Beverage Company price-consensus-chart</a> | <a href="https://www.zacks.com/stock/quote/TAP?icid=chart-TAP-price-consensus-chart">Molson Coors Beverage Company Quote</a>
</div>
Molson Coors&#39; shares gained 6% over the last six months compared with the S&amp;P 500&#39;s advance of 5.5%. The company possesses a&nbsp;Momentum Score&nbsp;of A.
<div class="chart_embed">
<h3>Molson Coors Beverage Company Price</h3>
<a href="https://www.zacks.com/stock/chart/TAP/fundamental/price?icid=chart-TAP-fundamental/price"><img alt="Molson Coors Beverage Company Price" src="https://staticx-tuner.zacks.com/images/charts/0c/1741245308.png" style="height:250px; width:533px" title="" /> </a>
<a href="https://www.zacks.com/stock/chart/TAP/fundamental/price?icid=chart-TAP-fundamental/price">Molson Coors Beverage Company price</a> | <a href="https://www.zacks.com/stock/quote/TAP?icid=chart-TAP-fundamental/price">Molson Coors Beverage Company Quote</a>
</div>
Camden National Corporation CAC: This bank holding company for Camden National Bank has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.
<div class="chart_embed">
<h3>Camden National Corporation Price and Consensus</h3>
<a href="https://www.zacks.com/stock/chart/CAC/price-consensus-chart?icid=chart-CAC-price-consensus-chart"><img alt="Camden National Corporation Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/53/1741245160.png" style="height:264px; width:568px" title="" /> </a>
<a href="https://www.zacks.com/stock/chart/CAC/price-consensus-chart?icid=chart-CAC-price-consensus-chart">Camden National Corporation price-consensus-chart</a> | <a href="https://www.zacks.com/stock/quote/CAC?icid=chart-CAC-price-consensus-chart">Camden National Corporation Quote</a>
</div>
Camden National&#39;s shares gained 11.2% over the last six months compared with the S&amp;P 500&#39;s advance of 5.5%. The company possesses a&nbsp;Momentum Score&nbsp;of B.
<div class="chart_embed">
<h3>Camden National Corporation Price</h3>
<a href="https://www.zacks.com/stock/chart/CAC/fundamental/price?icid=chart-CAC-fundamental/price"><img alt="Camden National Corporation Price" src="https://staticx-tuner.zacks.com/images/charts/d0/1741245327.png" style="height:250px; width:533px" title="" /> </a>
<a href="https://www.zacks.com/stock/chart/CAC/fundamental/price?icid=chart-CAC-fundamental/price">Camden National Corporation price</a> | <a href="https://www.zacks.com/stock/quote/CAC?icid=chart-CAC-fundamental/price">Camden National Corporation Quote</a>
</div>
&nbsp;
See the&nbsp;<a href="https://www.zacks.com/stocks/buy-list/?ADID=zp_1link&amp;ICID=zpi%20_1link">full list of top ranked stocks here</a>
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Learn more about the&nbsp;<a href="https://www.zacks.com/education/stock-scorecard/momentum-trading">Momentum score and how it is calculated here</a>.
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<a href="https://www.zacks.com/registration/pfp?ALERT=ZER_LINK&amp;t=TAP&amp;ADID=SYND_BENZ_TCK_ZACKS1RANKADDITIONS_267_2426354_TAP&amp;cid=CS-BENZ-FT-zacks_1_rank_additions|momentum_additions-2426354">Molson Coors Beverage Company (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/tap#NYSE">TAP</a>): Free Stock Analysis Report 
&nbsp; 
<a href="https://www.zacks.com/registration/pfp?ALERT=ZER_LINK&amp;t=CAC&amp;ADID=SYND_BENZ_TCK_ZACKS1RANKADDITIONS_267_2426354_CAC&amp;cid=CS-BENZ-FT-zacks_1_rank_additions|momentum_additions-2426354">Camden National Corporation (NASDAQ: </a><a class="ticker" href="https://www.benzinga.com/stock/cac#NASDAQ">CAC</a>): Free Stock Analysis Report 
&nbsp; 
<a href="https://www.zacks.com/registration/pfp?ALERT=ZER_LINK&amp;t=FUNC&amp;ADID=SYND_BENZ_TCK_ZACKS1RANKADDITIONS_267_2426354_FUNC&amp;cid=CS-BENZ-FT-zacks_1_rank_additions|momentum_additions-2426354">First United Corporation (NASDAQ: </a><a class="ticker" href="https://www.benzinga.com/stock/func#NASDAQ">FUNC</a>): Free Stock Analysis Report
<a href="https://www.zacks.com/commentary/2426354/best-momentum-stocks-to-buy-for-march-6th?cid=CS-BENZ-FT-zacks_1_rank_additions|momentum_additions-2426354">This article originally published on Zacks Investment Research (zacks.com).</a>
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Equities

FUNC

Best Momentum Stocks To Buy For March 6th

Barclays analyst Lauren Lieberman maintains Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) with a Underweight and raises the price target from $48 to $56.

Barclays Maintains Underweight on Molson Coors Beverage, Raises Price Target to $56

UBS analyst Peter Grom maintains Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) with a Neutral and raises the price target from $58 to $63.

UBS Maintains Neutral on Molson Coors Beverage, Raises Price Target to $63

Trump&#8217;s plans to place tariffs on Canada has come as a surprise, and many businesses are scrambling to deal with the potential fallout.
President Trump gave little indication that Canadian tariffs were on the table during his campaign, but now our northerly neighbors face tariffs of as much as 25% on all goods crossing into the United States.
Trump and Canadian Prime Minister Justin Trudeau reached a deal to delay the tariffs until March, but the threat of increased costs is already causing some companies to take action &#8211; and Canadian consumers to boycott US products.
Here are the five companies that will suffer the most from this surprise trade war.
During the company's recent earnings conference call, Ford CEO Jim Farley said that prolonged tariffs on Canada and Mexico would have a <a href="https://www.benzinga.com/tech/25/02/43524700/ford-ceo-jim-farley-says-trumps-proposed-tariffs-on-mexico-canada-will-be-manageable-in-near-term-but-will-have-huge-impact-if-protracted">significant impact</a> on the US auto industry. But it's not just the auto industry that's come to rely on trading partners. Energy, agriculture, and manufacturing are other sectors that will be affected by increased costs from Canadian goods.
Today, we'll examine five stocks that heavily rely on Canadian imports. Although these companies are in different industries, all would face pressure if the maximum 25% tariff is enacted.
<h2 class="wp-block-heading">Molson Coors Beverage Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>)</h2>
Molson Coors could be hit twice by tariffs since the company imports not only Canadian beers to the United States but also aluminum for cans of domestically produced beverages. Molson is responsible for several popular beers like Molson Canadian and Molson Dry. The company would also be at risk of retaliatory tariffs as Coors Light, Miller Genuine Draft, and Blue Moon are also popular beverages imported to Canada from the United States.
The tariff threat comes at an inopportune time for Molson Coors, as the company reported a top and bottom line beat on its February 13 earnings report but projects <a href="https://www.benzinga.com/news/25/02/43688209/molson-coors-sees-fy25-net-sales-low-single-digit-increase-versus-2024-on-a-constant-currency-basis">low single-digit sales growth</a> over the full 2025 year.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="317" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165314/MCB-1024x317.png" alt="" class="wp-image-783941" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165314/MCB-1024x317.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165314/MCB-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165314/MCB-768x238.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165314/MCB.png 1244w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
TAP shares have been in a tailspin since Thanksgiving, dropping from $62 to $53 before the recent earnings jump. Despite the quality report, this could be an excellent spot to unload the stock before the Trump administration hits Canada with forceful tariffs. Based on Benzinga's market search, TAP shares are covered by 27 different analysts with an average rating of Hold and a consensus price target of $62.&nbsp;
<h2 class="wp-block-heading">Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>)</h2>
The auto industry is at the highest risk of pain from tariffs, and Stellantis could face pressure from several angles. The company was formed when Chrysler merged with the French manufacturer PCA Group and currently makes Chrysler, Dodge, Ram, and Jeep vehicles in North America. Unfortunately, Stellantis production occurs in countries where the Trump administration has threatened harsh tariffs, namely Canada, Mexico, and the European Union.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="317" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165330/STE-1-1024x317.png" alt="" class="wp-image-783943" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165330/STE-1-1024x317.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165330/STE-1-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165330/STE-1-768x238.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165330/STE-1.png 1244w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Stellantis currently has two manufacturing plants in Canada, located in Toronto and Windsor. The Toronto plant produces engine and transmission parts and aluminum die castings, while the Windsor plant manufactures Chrysler Pacifica and Dodge Charger vehicles (yes, the Charger is made in Canada, not the United States). STLA shares have plummeted since making an early 2024 high, and the stock is trading firmly below its 50-day and 200-day moving averages. And to pile on the bearish sentiment, Barclays and RBC Capital both downgraded the stock to Neutral last October.
<h2 class="wp-block-heading">Advance Auto Parts Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>)</h2>
The auto industry is in crisis mode following the tariff announcements, but most of the focus has been on car manufacturers like Stellantis, Ford, and General Motors. However, the after-market car part business is another central industry area, and many DIY car projects will become more expensive if 25% tariffs on Canada take effect.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="317" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165351/AAP-1024x317.png" alt="" class="wp-image-783944" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165351/AAP-1024x317.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165351/AAP-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165351/AAP-768x238.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165351/AAP.png 1244w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The three major DIY auto parts stores in the United States are AutoZone, O'Reilly Automotive, and Advance Auto Parts. Right now, AAP looks to be in the worst shape. The company saw its revenue growth decline by 3% over the last 12 months, while AZO and ORLY each increased revenue year over year. AAP also has the slowest inventory turnover, the smallest free cash flow pile, and the highest price-to-earnings ratio of the three primary auto parts dealers. The Relative Strength Index (RSI) and 50-day and 200-day moving averages also continue sending bearish signals, so avoid AAP shares until the tariff threat fades.
<h2 class="wp-block-heading">D.R. Horton Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>)</h2>
D.R. Horton is the biggest homebuilder in the United States, and the firm has been sounding some alarms about housing costs in the face of tariffs and declining workforce participation. Lumber imports from Canada are key to homebuilders like DHI, and house buyers are already stretched thin by high prices and 7% mortgage rates. It is unlikely homebuilders have much more room to pass costs onto consumers, which could further exacerbate a tepid US housing market.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="319" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165357/DR-1024x319.png" alt="" class="wp-image-783945" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165357/DR-1024x319.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165357/DR-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165357/DR-768x239.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165357/DR.png 1252w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
DHI stock has dropped from $156 to $129 in the span of just a few weeks, thanks to pressure on housing inputs like lumber, steel, and aluminum. Analysts are also becoming more bearish on homebuilders as Bank of America <a href="https://www.benzinga.com/25/01/43246599/bofa-downgrades-dr-horton-and-smith-douglas-citing-cost-pressures-and-weak-roe-outlook">downgraded the stock</a> immediately following inauguration day, citing rising costs and weak return on equity. DHI posted a bad earnings and revenue miss in Q3 2024 but rebounded with a top and bottom line beat in Q4. This earnings boost could provide an exit ramp for investors who aren't optimistic about housing in 2025.
<h2 class="wp-block-heading">Enbridge Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENB#NYSE">ENB</a>)</h2>
Energy is another sector at the forefront of tariff troubles, and Enbridge Inc. is one of the pipeline providers in the crosshairs. Enbridge is a major exporter of crude oil, natural gas, and renewables to the United States through its network of pipelines, distribution systems, and storage facilities. However, if the Trump administration is serious about cutting down on Canadian energy imports, ENB shares could also tumble from their current levels.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="319" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165419/ENB-1024x319.png" alt="" class="wp-image-783946" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165419/ENB-1024x319.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165419/ENB-300x93.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165419/ENB-768x239.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/14165419/ENB.png 1252w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
From a technical perspective, the RSI could hint at ENB stock's next move. Following the early February drawdown, the share price quickly rebounded to mid-January levels, but a divergence emerged as the RSI made a strong pivot downward after nearing 70, which is the traditional signal for an overbought stock. With technical and fundamental headwinds in play, ENB shares could struggle to maintain their momentum in 2025.
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Opinion

STLA

5 Stocks That Could Suffer With Canadian Tariffs

Morgan Stanley analyst Dara Mohsenian maintains Molson Coors Beverage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) with a Equal-Weight and raises the price target from $60 to $63.

Morgan Stanley Maintains Equal-Weight on Molson Coors Beverage, Raises Price Target to $63

Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43692996/inflation-fears-mount-as-producer-prices-soar-to-35-put-fed-interest-rate-cut-on-ice">over persistent inflationary pressures. </a>
Despite the hotter-than-expected PPI reading—up 3.5% year-over-year in January, surpassing the 3.3% forecast—investors found some relief in certain PPI components that influence the Federal Reserve's preferred inflation gauge, which showed signs of <a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43701823/economists-breathe-sigh-of-relief-why-producer-inflation-isnt-as-bad-as-it-seems">cooling compared to December.</a>
Investor risk appetite remained supported by expectations of ceasefire talks in Ukraine following a conversation between former President Donald Trump and Russian President Vladimir Putin a day earlier. 
By midday trading in New York, all major indices were in positive territory, with technology stocks leading the gains. Among semiconductor stocks, Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) continued to rally, surging 10% after strong performances in prior sessions. 
The U.S. chipmaker benefited from renewed buying momentum following comments from Vice President J.D. Vance, who indicated that the Trump administration plans to ease regulations to accelerate AI chip innovation in the U.S.
Intel has now soared over 27% this week, tracking its best weekly performance since 1974. 
The U.S. dollar extended its decline as Treasury yields pulled back sharply, reversing Wednesday&#8217;s surge.
In commodities, gold edged up 0.4% to $2,918 per ounce, oil remained steady at $71 per barrel, and natural gas surged 2.4% to $3.66 per million British thermal units. 
Sentiment in cryptocurrency markets remained subdued, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) sliding 2.4% to trade below $96,000.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,903.94</td>
<td>0.9%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,088.51</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,493.13</td>
<td>0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,261.64</td>
<td>0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:45 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021325&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.6% to $606.89.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.3% to $445.18.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.9% to $532.98.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.4% to $224.58.</li>
<li>The&nbsp;Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) outperformed, up 1.1%; the&nbsp;Industrials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 1.2%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks reacting to company earnings reports included:
<ul>
<li>Cisco Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>): up 2.05%</li>
<li>Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>): down 7.8%</li>
<li>Duke Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>): down 2.5%</li>
<li>American Electric Power Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEP#NASDAQ">AEP</a>): down 0.6%</li>
<li>Equinix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>): down 1.9%</li>
<li>Moody's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>): up 2.9%</li>
<li>Deere &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>): down 1.5%</li>
<li>PPL Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>): down 1.8%</li>
<li>MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>): up 17.9%</li>
<li>Paycom Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>): flat</li>
<li>HubSpot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>): up 1.6%</li>
<li>Lincoln Electric Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LECO#NASDAQ">LECO</a>): up 11.7%</li>
<li>Curtiss-Wright Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CW#NYSE">CW</a>): down 0.5%</li>
<li>West Pharmaceutical Services Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 34%</li>
<li>CBRE Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 1.1%</li>
<li>DTE Energy Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTE#NYSE">DTE</a>): up 2.4%</li>
<li>AppLovin Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>): up 19.9%</li>
<li>Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>): down 8.8%. </li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/43703014/robert-f-kennedy-confirmed-as-trump-secretary-of-health">Robert F. Kennedy, Vaccine Skeptic, Confirmed As Trump&#8217;s Secretary Of Health: Health Care Stocks To Watch</a></li>
</ul>
Photo: Ryan DeBerardinis via Shutterstock

Macro Economic Events

Bonds

Broad U.S. Equity ETFs

Econ #s

Economics

ETFs

$BTC

CBRE

CROX

CSCO

SPDR Dow Jones Industrial Average ETF Trust

EQIX

GEHC

HUBS

LECO

PAYC

RDDT

Select Sector SPDR-Consumer Discretionary

ZBRA

Stocks Rise Despite Hot Producer Inflation, Intel Soars, Bitcoin Drops Below $96,000: What's Driving Markets Thursday?

Players in the Zacks <a href="https://www.zacks.com/stocks/industry-rank/industry/beverages-alcohol-19">Beverages &ndash; Alcohol</a> industry are grappling with rising costs, driven by inflationary pressures on labor, transportation and raw materials. Higher ingredient prices, shipping expenses and packaging costs have strained margins, while increased spending on advertising, promotions and operations challenges profitability. These cost pressures are expected to persist in the near term. Meanwhile, the newly imposed tariffs by President Donald Trump are set to disrupt the U.S. beverage alcohol market. The tariffs are expected to drive up prices for imported brands, potentially reducing consumer demand and straining supply chains.
Despite these challenges, the alcohol industry is experiencing strong growth, fueled by premiumization, as consumers seek distinctive, high-quality beverages. Trending segments like RTD spirits, canned wine and cocktails, hard seltzers, cider, and flavored malt beverages are reshaping the market. To stay ahead, brands are prioritizing innovation and product development to align with shifting consumer preferences. Strategic investments in premiumization, technology and product innovation are positioning key players like Molson Coors TAP, The Boston Beer Company Inc. SAM and Compa&ntilde;&iacute;a Cervecer&iacute;as Unidas CCU for sustained growth and success.
About the Industry
The Zacks Beverages &ndash; Alcohol industry mainly comprises producers, importers, exporters, marketers and sellers of alcoholic beverages like beer, craft beer, ciders, wine, rum, whiskey, liqueurs, vodka, tequila, champagnes, brandy, amaretto, RTD cocktails and malt. Some industry players also produce and sell non-alcoholic beverages like carbonated soft drinks, sparkling waters, bottled water, energy drinks, powdered and natural juices, and RTD teas. The companies sell products through wholesalers and retailers like supermarkets, warehouse clubs, grocery stores, convenience stores, package stores, drug stores and other retail outlets. The industry participants also sell beer directly to consumers in cans and bottles at restaurants, pubs, bars and liquor stores. Some brewers operate brewpubs or taste rooms at breweries, offering consumers the freshest beer.
What&#39;s Shaping the Future of Beverages - Alcohol Industry
Elevated Costs: The alcohol industry continues to face significant cost pressures due to inflationary impacts on labor, transportation and raw materials. Rising ingredient costs, particularly for grains and fruits, along with increased expenses for shipping, trucking, fuel, co-packing and packaging materials, have driven up production and operating costs. These challenges have weighed on the gross and operating margins, making profitability more difficult to sustain.
Beyond rising input and packaging costs, beverage companies are dealing with higher advertising, promotional and SG&amp;A expenses. Increased investments in brand marketing, media, local promotions, and production, coupled with growing freight costs due to higher volumes, are adding to the financial strain. Rising compensation and discretionary spending are contributing to SG&amp;A deleverage. Many industry players expect these cost pressures to persist in the near term, challenging profitability.
Potential Tariff Impacts: President Donald Trump&#39;s newly imposed tariffs are set to have a significant impact on the U.S. beverage alcohol industry, affecting pricing, supply chains, international trade and consumer behavior. The policy includes a 25% tariff on imports from Canada and Mexico, and a 10% tariff on China goods, driving up costs for imported alcoholic beverages, such as Johnnie Walker whisky and Corona beer. As importers pass these higher costs onto consumers, retail prices are expected to rise, dampening demand. Additionally, the tariffs could disrupt supply chains, forcing companies to reassess sourcing strategies, which may lead to product shortages, delays and increased operational expenses. With reduced availability and rising prices, consumers may shift to alternative products or cut back on purchases, ultimately impacting industry sales and profitability.
Premiumization &amp; Product Diversification: Premiumization continues to drive growth in the alcohol sector as consumers seek unique and refreshing flavors. Beverage companies are expanding their portfolios to meet rising demand for premium and high-end products. The market is evolving with a surge in craft spirits, low-alcohol and non-alcoholic options, pushing brands beyond traditional categories like beer, whiskey, spirits and wine. Trending segments now include RTD spirits, canned wine and cocktails, hard seltzers, cider and flavored malt beverages. To stay competitive, companies are prioritizing innovation and product development to align with shifting consumer preferences.
Zacks Industry Rank Indicates Dull Prospects
The Zacks Beverages &ndash; Alcohol industry is a 17-stock group within the broader Zacks <a href="https://www.zacks.com/stocks/industry-rank/sector/consumer-staples-1">Consumer Staples</a> sector. The industry currently carries a Zacks Industry Rank #233, placing it at the bottom 6% of more than 250 Zacks industries.
The group&#39;s <a href="https://www.zacks.com/stocks/industry-rank/industries/">Zacks Industry Rank</a>, which is basically the average of the Zacks Rank of all the member stocks, indicates dull near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry&#39;s positioning in the bottom 50% of the Zacks-ranked industries is a result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group&#39;s earnings growth potential.
Before we present a few stocks that you may want to consider for your portfolio, let us take a look at the industry&#39;s recent stock-market performance and valuation picture.
Industry Underperforms S&amp;P 500
The Zacks Beverages &ndash; Alcohol industry has underperformed the broader sector and the S&amp;P 500 in the past year.
The stocks in the industry have collectively declined 26.8% in the past year, whereas the Zacks Consumer Staples sector has dipped 0.7%. Meanwhile, the Zacks S&amp;P 500 composite has rallied 22.3%.
<h3>One-Year Price Performance</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/price_20250213.jpg" style="height:383px; width:620px" />
Beverages - Alcohol Industry&#39;s Valuation
Based on the forward 12-month price-to-earnings (P/E) ratio, commonly used for valuing Consumer Staples stocks, the industry is currently trading at 13.89X compared with the S&amp;P 500&#39;s 22.52X and the sector&#39;s 16.84X.
Over the last five years, the industry traded as high as 26.78X, as low as 13.89X and at the median of 20.71X, as the chart below shows.
<h3>Price-to-Earnings Ratio (Past 5 Years)</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/pe_20250213.jpg" />
3 Alcohol Beverages Stocks to Keep a Close Eye on
None of the stocks in the Zacks Beverages &ndash; Alcohol space currently sports a Zacks Rank #1 (Strong Buy) or a Zacks Rank #2 (Buy). However, we have selected three stocks with a Zacks Rank #3 (Hold) to watch from the same industry. You can see <a href="https://www.zacks.com/stocks/buy-list/?ADID=zp_1link_invideas&amp;ICID=zpi_1link_invideas">the complete list of today&#39;s Zacks #1 Rank stocks here</a>.
Let us have a look at the companies.
Molson Coors: The stock of this Chicago, IL-based leading beverage company has declined 13% in the past year. TAP is on track with its revitalization plan, focused on achieving sustainable top-line growth by streamlining its organization and reinvesting resources into its brands and capabilities. Investments, partnerships and product launches, which are part of its revitalization plan, have been aiding the company.
Molson Coors has been committed to increasing its market share through innovation and premiumization. Intending to accelerate portfolio premiumization, TAP has been aggressively growing its above-premium portfolio in the past few years. The Zacks Consensus Estimate for Molson Coors&#39; 2025 EPS has moved down 0.3% in the past 30 days. The consensus estimate for 2025 earnings suggests growth of 2.7% from the year-ago period&#39;s reported figure.
<h3>Price and Consensus: TAP</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/tap_20250213.jpg" style="height:404px; width:620px" />
Boston Beer: The company is the largest premium craft brewer in the United States, boasting a strong portfolio of globally recognized brands. It produces beer, malt beverages and cider at its breweries and through contracts. Its emphasis on pricing, product innovation, non-beer category growth and brand development is expected to enhance the operational performance and market position. SAM is driving growth in its Beyond Beer segment, which is outpacing the traditional beer market, a trend projected to continue for years.
SAM has been committed to a three-point growth strategy &mdash; revitalizing the Samuel Adams and Angry Orchard brands, implementing cost-saving measures, and fostering long-term innovation. Savings from efficiency initiatives are reinvested in brand development to fuel growth. The Zacks Consensus Estimate for Boston Beer&#39;s 2025 sales and earnings suggests growth of 1.9% and 23.1%, respectively, from the year-ago period&#39;s reported figure. The consensus mark for the company&#39;s 2025 earnings has moved down 1.1% in the past 30 days. SAM has declined 35.9% in the past year.
&nbsp;
<h3>Price and Consensus: SAM</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/sam_20250213.jpg" style="height:407px; width:620px" />
Compania Cervecerias: The company is a leading multi-category beverage company operating in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. Headquartered in Santiago, Chile, it offers a diverse portfolio of beers, wines, ciders, spirits and non-alcoholic beverages across its markets. In Chile, CCU is a key player in every category it serves, including beer, soft drinks, bottled and mineral waters, nectars, wine, and pisco.&nbsp;
CCU boasts a strong portfolio of market-leading brands, supported by financially solid ownership and a robust balance sheet. Best known for its Cristal beer, the company is one of Chile&#39;s largest brewers and exports its wines to more than 80 countries worldwide. The Zacks Consensus Estimate for CCU&#39;s 2025 sales and earnings suggests growth of 6.4% and 12.3%, respectively, from the year-ago period&#39;s reported figures. The consensus mark for 2025 earnings has been unchanged in the past 30 days. CCU has risen 9.4% in the past year.
<h3>Price and Consensus: CCU</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/ccu_20250213.jpg" style="height:408px; width:620px" />
&nbsp;
<h2>Zacks&#39; Research Chief Names &quot;Stock Most Likely to Double&quot;</h2>
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren&#39;t winners but this one could far surpass earlier Zacks&#39; Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
<a href="https://www.zacks.com/registration/ultimatetrader/welcome/eoffer/4e87?add=1590&amp;adid=SYND_BENZ_ZU_1S2DREPORT_INDUSTRYOUTLOOK_IND_02132025_2415125&amp;cid=CS-BENZ-FT-industry_outlook-2415125" style="font-weight:bold">Free: See Our Top Stock And 4 Runners Up</a>
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. <a href="https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&amp;ADID=SYND_BENZ_7BEST_INDUSTRYOUTLOOK_2415125&amp;cid=CS-BENZ-FT-industry_outlook-2415125" target="_blank">Click to get this free report</a>

&nbsp; 
<a href="https://www.zacks.com/registration/pfp?ALERT=ZER_LINK&amp;t=TAP&amp;ADID=SYND_BENZ_TCK_INDUSTRYOUTLOOK_2415125_TAP&amp;cid=CS-BENZ-FT-industry_outlook-2415125">Molson Coors Beverage Company (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/tap#NYSE">TAP</a>): Free Stock Analysis Report 
&nbsp; 
<a href="https://www.zacks.com/registration/pfp?ALERT=ZER_LINK&amp;t=SAM&amp;ADID=SYND_BENZ_TCK_INDUSTRYOUTLOOK_2415125_SAM&amp;cid=CS-BENZ-FT-industry_outlook-2415125">The Boston Beer Company, Inc. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/sam#NYSE">SAM</a>): Free Stock Analysis Report 
&nbsp; 
<a href="https://www.zacks.com/registration/pfp?ALERT=ZER_LINK&amp;t=CCU&amp;ADID=SYND_BENZ_TCK_INDUSTRYOUTLOOK_2415125_CCU&amp;cid=CS-BENZ-FT-industry_outlook-2415125">Compania Cervecerias Unidas, S.A. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/ccu#NYSE">CCU</a>): Free Stock Analysis Report
<a href="https://www.zacks.com/commentary/2415125/top-3-resilient-alcohol-stocks-to-watch-amid-shifting-market-dynamics?cid=CS-BENZ-FT-industry_outlook-2415125">To read this article on Zacks.com click here.</a>
<a href="https://www.zacks.com/">Zacks Investment Research</a>

Top 3 Resilient Alcohol Stocks To Watch Amid Shifting Market Dynamics

Shares of Molson Coors Beverage Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) are trading <a href="https://www.benzinga.com/premarket">higher in premarket</a> on Thursday.
The company reported a fourth-quarter FY24 sales decline of 2% year-on-year to $2.73 billion, beating the analyst <a href="https://www.benzinga.com/pressreleases/25/02/b43687702/molson-coors-beverage-company-reports-2024-fourth-quarter-and-full-year-results">consensus estimate of $2.70 billion</a>.
The revenue decrease driven by lower financial volumes and unfavorable foreign currency impacts, partially offset by favorable price and sales mix.
Net sales from the Americas segment declined 2.6% on a reported and constant currency basis.
Net sales from EMEA &amp; APAC segment increased 0.4%, driven by favorable price and sales mix as well as positive foreign currency impacts, partially offset by lower financial volumes.
Adjusted EPS of $1.30 <a href="https://www.benzinga.com/earnings">beat the consensus</a> estimate of $1.13.
Also Read: <a href="https://www.benzinga.com/25/02/43651110/starbucks-faces-legal-action-over-alleged-discriminatory-hiring-practices">&#8216;Racism Has No Place in Missouri&#8217;: State Attorney General Sues Starbucks Over Hiring Policies</a>
Underlying&nbsp;cost of goods sold (COGS) per hectoliter increased&nbsp;3.2% primarily due to cost inflation related to materials and manufacturing expenses, unfavorable mix in both segments and volume deleverage in the Americas segment.
Gross profit climbed 0.4% Y/Y to $1.04 billion. Operating income for the quarter jumped 94.7% to $388.1 million with a margin of 11.9%.
Molson Coors Beverage held $458.4 million in cash and equivalents as of March-end. Operating cash flow for the twelve months totaled $1.91 billion with a free cash flow of $1.24 billion.
&#8220;We continued to enhance our profitability and financial flexibility in 2024. We ended the year with a net debt to underlying EBITDA ratio of 2.09 times, in alignment with our long-term target of under 2.5 times,&#8221; said CFO Tracey Joubert. &#8220;This, along with our strong cash generation, enabled us to invest in the business in ways we believe drive sustainable, profitable growth while returning cash to shareholders through a growing dividend and share repurchases." 
Outlook: Molson Coors sees FY25 sales to increase in low single-digit versus 2024 on a constant currency basis.
Molson sees FY25 underlying diluted earnings per share:&nbsp;high single-digit increase compared to 2024.
TAP continues to expect underlying free cash flow of $1.3 billion, plus or minus 10%&nbsp;and&nbsp;$750 million incurred, plus or minus 5%.
Price Action: TAP shares traded&nbsp;higher by 6.64% at $57.00 in premarket at last check on Thursday.
Read Next: <a href="https://www.benzinga.com/25/02/43667730/luxury-fashion-house-ralph-lauren-to-gain-strong-momentum-says-analyst">Luxury Fashion House Ralph Lauren Boasts &#8216;Robust Growth Across All Regions,&#8217; Analyst Initiates Coverage</a>
Photo: Shutterstock

General

Brewing Company Molson Coors Q4 Gets Boost From Higher Pricing, Stock Rises

Press Releases

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Molson Coors Beverage Company Reports 2024 Third Quarter Results

Molson Coors Beverage Company Announces Regular Quarterly Dividend

Molson Coors Beverage Company to Webcast 2024 Fourth Quarter and Full Year Earnings Conference Call

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IT'S GETTING BOLD: SIMPLY SPIKED ANNOUNCES FIRST-EVER 8% ABV INNOVATION WITH UNAPOLOGETICALLY BOLD ATTITUDE

Molson Coors Beverage Company Reports 2024 Fourth Quarter and Full Year Results

Molson Coors Nominates Chris Cocks as an Independent Director to Join Its Board of Directors

Molson Coors Beverage Company to Webcast 2025 First Quarter Earnings Conference Call

Molson Coors Beverage Company CEO Gavin Hattersley Announces Plans to Retire by End of 2025; Board Launches Search Process

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