NYSE:SAM

Boston Beer (SAM) Stock Price, News & Analysis

$280.30
-1.99 (-0.70%)
(As of 05/17/2024 ET)
Today's Range
$277.08
$282.04
50-Day Range
$267.91
$310.15
52-Week Range
$264.63
$395.52
Volume
167,847 shs
Average Volume
160,457 shs
Market Capitalization
$3.35 billion
P/E Ratio
35.17
Dividend Yield
N/A
Price Target
$333.93

Boston Beer MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
19.1% Upside
$333.93 Price Target
Short Interest
Healthy
3.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.52
Upright™ Environmental Score
News Sentiment
0.32mentions of Boston Beer in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$30,652 Sold Last Quarter
Proj. Earnings Growth
20.70%
From $10.34 to $12.48 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.26 out of 5 stars

Consumer Staples Sector

31st out of 137 stocks

Malt Beverages Industry

1st out of 3 stocks

SAM stock logo

About Boston Beer Stock (NYSE:SAM)

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. The company markets and sells its products to a network wholesaler in the United States, as well as wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other e-commerce retail outlets. It sells its products 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.

SAM Stock Price History

SAM Stock News Headlines

Mass. beermakers are making less beer
BRANDING BREWS
Jefferies Financial Group Upgrades Boston Beer (NYSE:SAM) to "Buy"
Samuel Adams taps SA brewery as national finalist
Jefferies Upgrades Boston Beer (SAM)
Boston Beer (NYSE:SAM) Sees Strong Trading Volume
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
5/17/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Malt beverages
Sub-Industry
Brewers
CUSIP
10055710
Employees
2,793
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$333.93
High Stock Price Target
$422.00
Low Stock Price Target
$250.00
Potential Upside/Downside
+19.1%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
15 Analysts

Profitability

Net Income
$76.25 million
Pretax Margin
6.62%

Debt

Sales & Book Value

Annual Sales
$2.01 billion
Cash Flow
$15.85 per share
Book Value
$87.56 per share

Miscellaneous

Free Float
9,169,000
Market Cap
$3.35 billion
Optionable
Optionable
Beta
1.03

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SAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Boston Beer stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Beer in the last year. There are currently 2 sell ratings, 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAM, but not buy additional shares or sell existing shares.
View SAM analyst ratings
or view top-rated stocks.

What is Boston Beer's stock price target for 2024?

15 brokerages have issued 1 year price objectives for Boston Beer's shares. Their SAM share price targets range from $250.00 to $422.00. On average, they anticipate the company's stock price to reach $333.93 in the next year. This suggests a possible upside of 19.1% from the stock's current price.
View analysts price targets for SAM
or view top-rated stocks among Wall Street analysts.

How have SAM shares performed in 2024?

Boston Beer's stock was trading at $345.59 at the beginning of 2024. Since then, SAM stock has decreased by 18.9% and is now trading at $280.30.
View the best growth stocks for 2024 here
.

Are investors shorting Boston Beer?

Boston Beer saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 322,400 shares, an increase of 18.5% from the April 15th total of 272,000 shares. Based on an average trading volume of 164,800 shares, the short-interest ratio is currently 2.0 days. Currently, 3.5% of the shares of the company are sold short.
View Boston Beer's Short Interest
.

When is Boston Beer's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our SAM earnings forecast
.

How were Boston Beer's earnings last quarter?

The Boston Beer Company, Inc. (NYSE:SAM) released its quarterly earnings data on Thursday, April, 25th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.08 by $0.96. The business had revenue of $426.05 million for the quarter, compared to analyst estimates of $414.18 million. Boston Beer had a trailing twelve-month return on equity of 10.11% and a net margin of 4.60%.

What guidance has Boston Beer issued on next quarter's earnings?

Boston Beer issued an update on its FY 2024 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of 7.000-11.000 for the period, compared to the consensus EPS estimate of 9.910. The company issued revenue guidance of -.

What is Dave Burwick's approval rating as Boston Beer's CEO?

34 employees have rated Boston Beer Chief Executive Officer Dave Burwick on Glassdoor.com. Dave Burwick has an approval rating of 100% among the company's employees. This puts Dave Burwick in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Boston Beer own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boston Beer investors own include NVIDIA (NVDA), Netflix (NFLX), AutoZone (AZO), Chipotle Mexican Grill (CMG), Tesla (TSLA), BlackRock (BLK), Walt Disney (DIS), Intuitive Surgical (ISRG), Mastercard (MA) and Boeing (BA).

Who are Boston Beer's major shareholders?

Boston Beer's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.56%), Jacobs Levy Equity Management Inc. (0.41%), Principal Financial Group Inc. (0.30%), Centre Asset Management LLC (0.22%), QV Investors Inc. (0.17%) and iA Global Asset Management Inc. (0.16%). Insiders that own company stock include Annette N Fritsch, Bryant R Riley, C James Koch, Carolyn L O'boyle, Cormorant Asset Management, Lp, David A Burwick, David L Grinnell, John C Geist, Mark A Turner, Quincy B Troupe and Samuel A Calagione III.
View institutional ownership trends
.

How do I buy shares of Boston Beer?

Shares of SAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Boston Beer have any subsidiaries?
The following companies are subsidiares of Boston Beer: A&S Brewing Collaborative LLC, American Craft Brewery LLC, American Fermentation Company LLC, Angry Orchard Cider Company LLC, Boston Beer Corporation, Boston Beer Corporation Canada Inc., Boston Brewing Company Inc., Canoe Acquisition Corp., Dogfish CVI LLC, Dogfish Head Brewery, Dogfish Head Companies LLC, Dogfish Head Craft Brewery LLC, Dogfish Head LLC, Dogfish Head Land Holdings LLC, Dogfish Head MTSpace LLC, Dogfish Head Marketing LLC, Dogfish Inn LLC, Dogfish Properties LLC, Freetown Acquisition Company LLC, Hard Seltzer Beverage Company LLC, Lazy River Cider Co. LLC, Marathon Brewing Company LLC, Off Centered Way LLC, Providence Street Associates LLC, SABC Realty Ltd., and TM on Hold LLC.
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This page (NYSE:SAM) was last updated on 5/18/2024 by MarketBeat.com Staff

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