Boston Beer (NYSE:SAM) Downgraded to "Sell" Rating by Wall Street Zen

Key Points

• Boston Beer was downgraded by Wall Street Zen from hold to sell, adding to a cautious analyst backdrop. Other firms have also trimmed views, leaving the stock with a consensus rating of Reduce and an average target price of $235.64.
• The stock fell 2.6% and opened at $197.68, well below its 50-day and 200-day moving averages. Boston Beer also trades near the lower end of its 12-month range, with a low of $185.34 and a high of $264.46.
• In its latest quarterly results, Boston Beer reported $1.64 EPS, missing expectations of $1.96, while revenue of $433.93 million also came in slightly below estimates. Revenue declined 4.4% year over year, and the company has guided FY2026 EPS at 8.5 to 10.5.

Boston Beer (NYSE:SAM - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report released on Saturday.

A number of other analysts have also commented on SAM. Weiss Ratings lowered Boston Beer from a "sell (d+)" rating to a "sell (d)" rating in a report on Wednesday. Sanford C. Bernstein decreased their price objective on Boston Beer from $218.00 to $210.00 and set a "market perform" rating for the company in a report on Tuesday. Roth Mkm set a $315.00 target price on Boston Beer in a research report on Friday, May 1st. Evercore set a $240.00 target price on Boston Beer in a research note on Friday, May 1st. Finally, Citigroup reduced their price target on Boston Beer from $270.00 to $250.00 and set a "neutral" rating for the company in a research report on Monday, May 4th. Ten equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $235.64.

Boston Beer Stock Down 2.6%

Boston Beer stock opened at $197.68 on Friday. The stock has a market capitalization of $2.07 billion, a PE ratio of -31.38, a price-to-earnings-growth ratio of 2.61 and a beta of 0.88. Boston Beer has a twelve month low of $185.34 and a twelve month high of $264.46. The company has a 50 day moving average of $233.64 and a 200-day moving average of $218.59.

Boston Beer (NYSE:SAM - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.64 EPS for the quarter, missing analysts' consensus estimates of $1.96 by ($0.32). The company had revenue of $433.93 million for the quarter, compared to analyst estimates of $436.06 million. Boston Beer had a positive return on equity of 12.08% and a negative net margin of 2.96%.The company's revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.16 earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Equities analysts anticipate that Boston Beer will post 9.77 EPS for the current fiscal year.

Hedge Funds Weigh In On Boston Beer

A number of institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its position in shares of Boston Beer by 55.4% in the first quarter. Goldman Sachs Group Inc. now owns 62,051 shares of the company's stock valued at $14,820,000 after buying an additional 22,129 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Boston Beer by 8.8% during the 1st quarter. Empowered Funds LLC now owns 1,207 shares of the company's stock worth $288,000 after acquiring an additional 98 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Boston Beer by 5.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 21,902 shares of the company's stock worth $5,231,000 after acquiring an additional 1,067 shares during the last quarter. Cetera Investment Advisers raised its stake in Boston Beer by 17.9% in the 2nd quarter. Cetera Investment Advisers now owns 1,653 shares of the company's stock valued at $315,000 after acquiring an additional 251 shares during the period. Finally, First Trust Advisors LP raised its stake in Boston Beer by 41.5% in the 2nd quarter. First Trust Advisors LP now owns 15,657 shares of the company's stock valued at $2,988,000 after acquiring an additional 4,591 shares during the period. Institutional investors and hedge funds own 81.13% of the company's stock.

Boston Beer Company Profile

The Boston Beer Company, Inc NYSE: SAM is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer's flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.

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