The Boston Beer Company, Inc. (NYSE:SAM) Given Consensus Recommendation of "Reduce" by Analysts

Key Points

• Analysts have a consensus “Reduce” rating on Boston Beer, with three sell ratings, eight holds and one buy. The average 12-month price target is $206.91, though several firms recently lowered their targets.
• Boston Beer reported quarterly EPS of $3.65, missing the $4.83 consensus estimate, while revenue of $568.34 million slightly exceeded expectations but declined 3.3% year over year.
• The stock opened at $171.84, near its 52-week low of $158.68 and below its 50-day and 200-day moving averages. Institutional investors own approximately 81.13% of the company.

The Boston Beer Company, Inc. (NYSE:SAM - Get Free Report) has received an average recommendation of "Reduce" from the twelve research firms that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $206.9091.

A number of equities research analysts have issued reports on the stock. Roth Capital reaffirmed a "buy" rating and set a $295.00 price objective (down from $315.00) on shares of Boston Beer in a report on Friday, July 24th. Citigroup lowered their target price on shares of Boston Beer from $195.00 to $185.00 and set a "neutral" rating on the stock in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft set a $176.00 target price on shares of Boston Beer in a research report on Friday, July 24th. UBS Group cut their target price on shares of Boston Beer from $245.00 to $190.00 and set a "neutral" rating for the company in a research note on Thursday, July 16th. Finally, Royal Bank Of Canada reduced their price target on shares of Boston Beer from $234.00 to $210.00 and set a "sector perform" rating on the stock in a report on Friday, July 24th.

Institutional Investors Weigh In On Boston Beer

Several large investors have recently made changes to their positions in SAM. WINTON GROUP Ltd grew its holdings in Boston Beer by 1.1% during the 2nd quarter. WINTON GROUP Ltd now owns 33,018 shares of the company's stock valued at $5,845,000 after buying an additional 359 shares in the last quarter. Engineers Gate Manager LP boosted its position in shares of Boston Beer by 367.2% during the 2nd quarter. Engineers Gate Manager LP now owns 9,610 shares of the company's stock valued at $1,701,000 after acquiring an additional 7,553 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Boston Beer by 333.3% during the 2nd quarter. IFP Advisors Inc now owns 156 shares of the company's stock valued at $28,000 after acquiring an additional 120 shares during the last quarter. Nykredit A S purchased a new position in shares of Boston Beer in the second quarter valued at $115,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Boston Beer in the second quarter valued at $901,000. 81.13% of the stock is owned by institutional investors.

Boston Beer Stock Down 0.1%

NYSE:SAM opened at $171.84 on Friday. The business's 50-day simple moving average is $178.63 and its two-hundred day simple moving average is $196.97. The stock has a market cap of $1.79 billion, a PE ratio of -25.31 and a beta of 0.83. Boston Beer has a 52 week low of $158.68 and a 52 week high of $264.46.

Boston Beer (NYSE:SAM - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $3.65 earnings per share for the quarter, missing analysts' consensus estimates of $4.83 by ($1.18). Boston Beer had a positive return on equity of 9.99% and a negative net margin of 3.42%.The business had revenue of $568.34 million during the quarter, compared to the consensus estimate of $566.68 million. During the same period last year, the company earned $5.45 EPS. The business's revenue was down 3.3% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. Sell-side analysts anticipate that Boston Beer will post 8.99 earnings per share for the current fiscal year.

Boston Beer Company Profile

Boston Beer Company, Inc is an American beverage company that develops, produces and sells alcoholic beverages. Founded in 1984 by Jim Koch, the company helped popularize craft beer in the United States with Samuel Adams Boston Lager, its flagship brand.

Boston Beer's portfolio includes Samuel Adams and other craft beer brands, as well as Truly Hard Seltzer, Twisted Tea hard iced tea, Angry Orchard hard cider and beverages associated with Dogfish Head Brewery, which it acquired in 2019.

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