Boston Beer (NYSE:SAM) Posts Earnings Results, Beats Expectations By $1.08 EPS

Key Points

• Boston Beer reported a quarterly earnings per share (EPS) of $5.45, exceeding estimates by $1.08, while revenues reached $587.95 million, slightly below the expected $599.18 million.
• The company's return on equity was 15.03%, with an updated full-year 2025 EPS guidance of 8.000-10.500.
• Boston Beer shares have seen varied analyst ratings, with a consensus rating of "Hold" and an average target price of $258.09.

Boston Beer (NYSE:SAM - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $5.45 EPS for the quarter, beating the consensus estimate of $4.37 by $1.08, Zacks reports. The company had revenue of $587.95 million for the quarter, compared to analyst estimates of $599.18 million. Boston Beer had a net margin of 3.65% and a return on equity of 15.15%. The firm's revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $4.39 earnings per share. Boston Beer updated its FY 2025 guidance to 8.000-10.500 EPS.

Boston Beer Stock Performance

Boston Beer stock traded up $0.15 during midday trading on Wednesday, reaching $211.94. The company's stock had a trading volume of 280,988 shares, compared to its average volume of 220,015. The firm has a market capitalization of $2.36 billion, a PE ratio of 29.89, a P/E/G ratio of 1.77 and a beta of 0.99. Boston Beer has a fifty-two week low of $185.34 and a fifty-two week high of $329.55. The stock's 50 day simple moving average is $208.16 and its 200 day simple moving average is $229.23.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SAM. Evercore ISI lowered their target price on shares of Boston Beer from $275.00 to $250.00 and set an "in-line" rating on the stock in a research report on Friday, July 25th. The Goldman Sachs Group lowered their target price on shares of Boston Beer from $219.00 to $187.00 and set a "sell" rating on the stock in a research report on Monday, June 23rd. Cfra Research upgraded shares of Boston Beer from a "moderate sell" rating to a "moderate buy" rating in a research report on Thursday, April 24th. Sanford C. Bernstein set a $230.00 price target on Boston Beer and gave the stock a "market perform" rating in a report on Monday. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Boston Beer in a report on Friday, April 25th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Boston Beer currently has an average rating of "Hold" and a consensus price target of $258.09.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SAM. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Boston Beer by 5.1% in 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 valued at $5,231,000 after purchasing an additional 1,067 shares during the last quarter. Empowered Funds LLC lifted its position in 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 in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Boston Beer by 55.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 62,051 shares of the company's stock valued at $14,820,000 after purchasing an additional 22,129 shares in the last quarter. Institutional investors and hedge funds own 81.13% of the company's stock.

Boston Beer Company Profile

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.