52-Week Company Lows

Molson Coors' shares have fallen in recent weeks

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Jun 29, 2020
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According to GuruFocus, these stocks have reached their 52-week lows.

Molson Coors Beverage

The price of Molson Coors Beverage Co. (TAP, Financial) shares has declined to close to the 52-week low of $34.43, which is 47.1% off the 52-week high of $64.32. The company has a market cap of $7.53 billion.

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Its shares traded with a price-sales ratio of 0.72. The trailing 12-month dividend yield is 6.16%. The company had an annual average earnings growth of 7.70% over the past 10 years.

Molson Coors is the fifth-largest beer producer globally, boasting top-two positioning in the U.S., Canada and many Central European markets. It brews and markets a slew of company-owned brands including Blue Moon, Coors, Miller Lite, Carling, and Staropramen. It also sells various partner brands in certain locales such as Amstel and Dos Equis in Canada (through an exclusive import/license arrangement with Heineken) and Corona in Central Europe (through an agreement with Anheuser-Busch InBev (BUD)). The firm's go-to-market approach differs by geography as well, primarily utilizing independent distributors in the U.S., but deploying hybrid models in Canada and Europe.

The net loss for the first quarter of 2020 was $117.0 million, compared to net income of $151.4 million for the prior-year period.

Go here for the complete list of 52-week lows.

Disclosure: I do not own stock in any of the companies mentioned in the article.

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