Boston Beer (NYSE:SAM) Issues FY 2025 Earnings Guidance

Boston Beer (NYSE:SAM - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 8.000-10.500 for the period, compared to the consensus earnings per share estimate of 9.224. The company issued revenue guidance of -.

Boston Beer Price Performance

Shares of NYSE:SAM traded down $6.58 during mid-day trading on Monday, reaching $208.42. 368,753 shares of the company were exchanged, compared to its average volume of 282,368. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 29.40, a P/E/G ratio of 1.58 and a beta of 0.99. The firm's 50-day simple moving average is $208.79 and its 200 day simple moving average is $229.35. Boston Beer has a 1 year low of $185.34 and a 1 year high of $329.55.

Boston Beer (NYSE:SAM - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $5.45 earnings per share for the quarter, topping analysts' consensus estimates of $4.37 by $1.08. The firm had revenue of $587.95 million during the quarter, compared to analysts' expectations of $599.18 million. Boston Beer had a net margin of 3.65% and a return on equity of 15.15%. The firm's quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the company posted $4.39 EPS. On average, research analysts forecast that Boston Beer will post 9.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Berenberg Bank initiated coverage on shares of Boston Beer in a research report on Wednesday, April 2nd. They set a "hold" rating and a $281.10 price objective for the company. UBS Group cut their price target on shares of Boston Beer from $275.00 to $214.00 and set a "neutral" rating on the stock in a research note on Thursday, July 17th. Evercore ISI cut their price target on shares of Boston Beer from $275.00 to $250.00 and set an "in-line" rating on the stock in a research note on Friday. Sanford C. Bernstein set a $230.00 price target on shares of Boston Beer and gave the stock a "market perform" rating in a research note on Monday. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and set a $279.00 price target on shares of Boston Beer in a research note on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $258.09.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SAM. Empowered Funds LLC boosted its holdings in shares of Boston Beer by 8.8% in the first quarter. Empowered Funds LLC now owns 1,207 shares of the company's stock valued at $288,000 after acquiring an additional 98 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Boston Beer by 5.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 21,902 shares of the company's stock valued at $5,231,000 after acquiring an additional 1,067 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings 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 acquiring an additional 22,129 shares in the last quarter. 81.13% of the stock is currently owned by institutional investors and hedge funds.

About Boston Beer

The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names.