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

Key Points

• Analyst sentiment is bearish: Boston Beer received a consensus “Reduce” rating from 12 analysts, including three sells, eight holds, and one buy. The average 12-month price target is $206.91, while several firms recently lowered their targets.
• Quarterly earnings missed expectations: Boston Beer reported $3.65 in EPS versus the $4.83 consensus estimate, although revenue of $568.34 million slightly exceeded forecasts. Revenue declined 3.3% year over year, and the company posted a negative net margin.
• Shares remain volatile: SAM opened at $189.87, below its 200-day moving average of $204.80, with a 52-week range of $158.68 to $264.46. Institutional investors and hedge funds own approximately 81.13% of the company.

Shares of The Boston Beer Company, Inc. (NYSE:SAM - Get Free Report) have been assigned a consensus rating of "Reduce" from the twelve brokerages that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $206.9091.

Several analysts have commented on SAM shares. The Goldman Sachs Group dropped their price objective on Boston Beer from $192.00 to $169.00 and set a "sell" rating on the stock in a report on Wednesday, July 8th. Jefferies Financial Group decreased their target price on Boston Beer from $230.00 to $195.00 and set a "hold" rating on the stock in a research report on Friday, July 24th. Citigroup dropped their price target on shares of Boston Beer from $195.00 to $185.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. UBS Group cut their price target on shares of Boston Beer from $245.00 to $190.00 and set a "neutral" rating for the company in a report on Thursday, July 16th. Finally, Evercore set a $240.00 price objective on shares of Boston Beer in a research report on Friday, May 1st.

Boston Beer Stock Performance

SAM opened at $189.87 on Wednesday. The company has a fifty day moving average of $181.04 and a two-hundred day moving average of $204.80. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of -27.96 and a beta of 0.80. Boston Beer has a fifty-two week low of $158.68 and a fifty-two week high of $264.46.

Boston Beer (NYSE:SAM - Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $568.34 million for the quarter, compared to analysts' expectations of $566.68 million. During the same period in the previous year, the company earned $5.45 earnings per share. The company's revenue was down 3.3% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. On average, equities research analysts forecast that Boston Beer will post 8.99 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Plato Investment Management Ltd acquired a new stake in Boston Beer in the 2nd quarter worth about $35,000. Ascentis Independent Advisors purchased a new stake in Boston Beer during the 1st quarter worth approximately $37,000. Public Employees Retirement System of Ohio acquired a new position in shares of Boston Beer during the second quarter valued at approximately $47,000. Covestor Ltd raised its holdings in shares of Boston Beer by 180.9% during the fourth quarter. Covestor Ltd now owns 250 shares of the company's stock valued at $49,000 after acquiring an additional 161 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Boston Beer by 154.9% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company's stock valued at $49,000 after acquiring an additional 141 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 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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