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 sells approximately 60 beers under the Samuel Adams brand names; 10 flavored malt beverages under the Twisted Tea brand name; 20 hard cider beverages under the Angry Orchard brand; 5 hard sparkling waters under the Truly Spiked & Sparkling brand name; and approximately 50 beers under 4 brand names. The company markets and sells its products to a network of approximately 350 wholesalers that in turn sell to retailers, such as pubs, restaurants, grocery stores, convenience stores, package stores, stadiums, and other retail outlets in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.
Industry, Sector and Symbol
Industry Malt beverages
Sub-IndustryBrewers
SectorConsumer Staples
Phone617-368-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$995.65 million
Profitability
Miscellaneous
Employees1,439
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable
Boston Beer (NYSE:SAM) Frequently Asked Questions
What is Boston Beer's stock symbol?
Boston Beer trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAM."
How were Boston Beer's earnings last quarter?
Boston Beer Company Inc (NYSE:SAM) issued its earnings results on Wednesday, February, 20th. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.77 by $0.09. The business had revenue of $225.22 million for the quarter, compared to the consensus estimate of $227.89 million. Boston Beer had a return on equity of 20.22% and a net margin of 9.12%. The company's revenue was up 9.2% compared to the same quarter last year. During the same period last year, the business posted $2.57 EPS. View Boston Beer's Earnings History.
When is Boston Beer's next earnings date?
What guidance has Boston Beer issued on next quarter's earnings?
Boston Beer issued an update on its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $8.00-9.00 for the period, compared to the Thomson Reuters consensus estimate of $8.57. Boston Beer also updated its FY 2019 guidance to $8.00-9.00 EPS.
What price target have analysts set for SAM?
12 equities research analysts have issued 12 month price objectives for Boston Beer's shares. Their forecasts range from $210.00 to $350.00. On average, they expect Boston Beer's stock price to reach $266.25 in the next twelve months. This suggests that the stock has a possible downside of 13.8%. View Analyst Price Targets for Boston Beer.
What is the consensus analysts' recommendation for Boston Beer?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Beer in the last year. There are currently 1 sell rating, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Boston Beer.
What are Wall Street analysts saying about Boston Beer stock?
Here are some recent quotes from research analysts about Boston Beer stock:
- 1. According to Zacks Investment Research, "Boston Beer outpaced the industry year to date driven by the progress on its three-point growth plan, focused on cost savings, long-term innovation and the revival of Samuel Adams and Angry Orchard brands. The company’s third-quarter 2018 top and bottom lines beat estimates and grew year over year. While this marked Boston Beer’s earnings beat in six of the trailing eight quarters, sales surpassed estimates in four of the last six quarters. Results were fueled by strong depletions growth and higher shipment volumes. Further, management’s raised 2018 earnings and depletions outlook drives optimism. However, persistent softness in the Samuel Adams brand is a major headwind. Further, the company lowered gross margin forecast for 2018, given industry-wide headwinds of higher packaging and transportation costs. It also expects operating expenses to rise due to brand innovations and marketing strategies, which may hurt profitability." (12/31/2018)
- 2. Jefferies Financial Group Inc analysts commented, "SAM delivered a mixed 3Q on stronger revs (+10% vs. Street), incl. +18% depletion growth, though an OI miss (-12%) as investments/freight weighed on OM %. Upwardly revised FY18 guide and +13% YTD depletions indicative of portfolio’s momentum (ex-beer), which should help sustain stock’s full ~30x EV/ULFCF multiple; however, we prefer Buy-rated STZ in the alcohol space. We lower our on further OM % pressure. PT to $270 on higher group multiple." (10/26/2018)
Has Boston Beer been receiving favorable news coverage?
Media stories about SAM stock have been trending somewhat negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Boston Beer earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the next several days.
Who are some of Boston Beer's key competitors?
What other stocks do shareholders of Boston Beer own?
Who are Boston Beer's key executives?
Boston Beer's management team includes the folowing people:
- Mr. C. James Koch, Founder & Chairman (Age 69)
- Mr. David A. Burwick, Pres, CEO & Director (Age 57)
- Mr. Frank H. Smalla, CFO & Treasurer (Age 53)
- Mr. John C. Geist, Chief Sales Officer (Age 59)
- Mr. Matthew Donal Murphy, Chief Accounting Officer (Age 50)
Who are Boston Beer's major shareholders?
Boston Beer's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.47%), Fisher Asset Management LLC (2.72%), Dimensional Fund Advisors LP (2.02%), MERIAN GLOBAL INVESTORS UK Ltd (1.95%), Bank of New York Mellon Corp (1.64%) and Macquarie Group Ltd. (1.51%). Company insiders that own Boston Beer stock include C James Koch, Cheryl Fisher, Cynthia A Fisher, David A Burwick, David L Grinnell, Jay Margolis, John C Geist, Jonathan N Potter, Martin F Roper and Quincy B Troupe. View Institutional Ownership Trends for Boston Beer.
Which institutional investors are selling Boston Beer stock?
SAM stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Macquarie Group Ltd., BTIM Corp., KBC Group NV, Two Sigma Advisers LP, Acadian Asset Management LLC, Bank of New York Mellon Corp and O Shaughnessy Asset Management LLC. Company insiders that have sold Boston Beer company stock in the last year include C James Koch, David A Burwick, David L Grinnell and Quincy B Troupe. View Insider Buying and Selling for Boston Beer.
Which institutional investors are buying Boston Beer stock?
SAM stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Squarepoint Ops LLC, BlackRock Inc., WINTON GROUP Ltd, Hsbc Holdings PLC, APG Asset Management N.V., Rhumbline Advisers and SG Americas Securities LLC. View Insider Buying and Selling for Boston Beer.
How do I buy shares of Boston Beer?
Shares of SAM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Boston Beer's stock price today?
One share of SAM stock can currently be purchased for approximately $308.70.
How big of a company is Boston Beer?
Boston Beer has a market capitalization of $3.55 billion and generates $995.65 million in revenue each year. The company earns $99.04 million in net income (profit) each year or $7.47 on an earnings per share basis. Boston Beer employs 1,439 workers across the globe.
What is Boston Beer's official website?
How can I contact Boston Beer?
Boston Beer's mailing address is ONE DESIGN CENTER PLACE SUITE 850, BOSTON MA, 02210. The company can be reached via phone at 617-368-5000.
MarketBeat Community Rating for Boston Beer (NYSE SAM)
MarketBeat's community ratings are surveys of what our community members think about Boston Beer and other stocks. Vote "Outperform" if you believe SAM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SAM will underperform the S&P 500 over the long term. You may vote once every thirty days.
