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NYSE:SAM

Boston Beer - SAM Stock Forecast, Price & News

$368.58
-12.91 (-3.38%)
(As of 08/19/2022 04:32 PM ET)
Add
Compare
Today's Range
$362.80
$379.84
50-Day Range
$289.94
$384.31
52-Week Range
$287.00
$611.89
Volume
179,987 shs
Average Volume
184,033 shs
Market Capitalization
$4.53 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$383.29

Boston Beer MarketRank™ Forecast

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
4.6% Upside
$383.29 Price Target
Short Interest
Bearish
9.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.52
Upright™ Environmental Score
News Sentiment
0.69mentions of Boston Beer in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$533,607 Sold Last Quarter
Proj. Earnings Growth
34.18%
From $8.22 to $11.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.77 out of 5 stars

Consumer Staples Sector

132nd out of 147 stocks

Malt Beverages Industry

4th out of 5 stocks

SAM stock logo

About Boston Beer (NYSE:SAM) Stock

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, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international 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 retail outlets. It also sells in 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.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Cowen lowered their target price on Boston Beer from $500.00 to $375.00 and set a "market perform" rating on the stock in a report on Friday, April 22nd. UBS Group lowered Boston Beer from a "buy" rating to a "neutral" rating and lowered their target price for the company from $600.00 to $328.00 in a report on Tuesday, June 21st. Sanford C. Bernstein lowered their target price on Boston Beer to $320.00 in a report on Friday, July 22nd. StockNews.com raised Boston Beer from a "sell" rating to a "hold" rating in a report on Monday, July 25th. Finally, Redburn Partners assumed coverage on Boston Beer in a report on Wednesday, July 13th. They issued a "sell" rating on the stock. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $383.29.

Boston Beer Price Performance

Shares of Boston Beer stock traded down $16.73 during midday trading on Friday, hitting $364.76. 2,469 shares of the company were exchanged, compared to its average volume of 187,889. Boston Beer has a 52 week low of $287.00 and a 52 week high of $611.89. The firm has a 50 day simple moving average of $339.52 and a 200-day simple moving average of $362.52.

Boston Beer (NYSE:SAM - Get Rating) last posted its earnings results on Thursday, July 21st. The company reported $4.31 EPS for the quarter, missing the consensus estimate of $5.23 by ($0.92). Boston Beer had a positive return on equity of 8.60% and a negative net margin of 2.91%. During the same period in the prior year, the company posted $4.72 EPS. On average, sell-side analysts forecast that Boston Beer will post 8.22 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Carolyn L. O'boyle sold 251 shares of the firm's stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $381.73, for a total transaction of $95,814.23. Following the completion of the transaction, the insider now owns 2,593 shares in the company, valued at approximately $989,825.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Boston Beer news, VP David L. Grinnell sold 425 shares of Boston Beer stock in a transaction on Monday, June 6th. The stock was sold at an average price of $345.21, for a total value of $146,714.25. Following the completion of the transaction, the vice president now owns 1,611 shares in the company, valued at approximately $556,133.31. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Carolyn L. O'boyle sold 251 shares of Boston Beer stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $381.73, for a total value of $95,814.23. Following the completion of the transaction, the insider now owns 2,593 shares of the company's stock, valued at approximately $989,825.89. The disclosure for this sale can be found here. Insiders sold 1,526 shares of company stock worth $533,607 in the last 90 days. 23.30% of the stock is owned by company insiders.

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SAM Stock News Headlines

Boston Beer (NYSE:SAM) Raised to "Hold" at StockNews.com
Boston Beer: Thoughts Post The Hangover
Boston Beer's Truly Terrible Quarter
Boston Beer Co. lowers expectations as sales slump
See More Headlines
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SAM Company Calendar

Last Earnings
7/21/2022
Today
8/19/2022
Next Earnings (Estimated)
10/20/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Malt beverages
Sub-Industry
Brewers
CUSIP
10055710
Employees
2,543
Year Founded
1984

Price Target and Rating

Average Stock Price Forecast
$383.29
High Stock Price Forecast
$800.00
Low Stock Price Forecast
$258.00
Forecasted Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
15 Analysts

Profitability

Net Income
$14.55 million
Pretax Margin
-4.01%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$21.62 per share
Book Value
$84.99 per share

Miscellaneous

Free Float
9,422,000
Market Cap
$4.53 billion
Optionable
Optionable
Beta
0.95

Social Links


Key Executives

  • Mr. C. James KochMr. C. James Koch (Age 72)
    Founder & Chairman
    Comp: $463.33k
  • Mr. David A. BurwickMr. David A. Burwick (Age 60)
    Pres, CEO & Director
    Comp: $839.18k
  • Mr. Samuel A. Calagione III (Age 52)
    Founder, Brewer of Dogfish Head & Director
    Comp: $463.33k
  • Mr. Frank H. SmallaMr. Frank H. Smalla (Age 56)
    CFO & Treasurer
    Comp: $589.28k
  • Mr. John C. Geist (Age 62)
    Chief Sales Officer
    Comp: $596.11k
  • Ms. Lesya LysyjMs. Lesya Lysyj (Age 59)
    Chief Marketing Officer
    Comp: $519.81k
  • Mr. Matthew Donal Murphy (Age 53)
    Chief Accounting Officer
  • Ms. Tara L. HeathMs. Tara L. Heath (Age 47)
    Chief Legal Officer & Gen. Counsel
  • Ms. Carolyn L. O'Boyle (Age 43)
    Chief People Officer
  • Mr. Paul Weaver
    Director & Head of Cannabis













SAM Stock - Frequently Asked Questions

Should I buy or sell Boston Beer stock right now?

15 Wall Street equities research 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 equities research 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 forecast for 2022?

15 brokers have issued twelve-month price targets for Boston Beer's stock. Their SAM share price forecasts range from $258.00 to $800.00. On average, they expect the company's share price to reach $383.29 in the next year. This suggests a possible upside of 0.5% 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 2022?

Boston Beer's stock was trading at $505.10 at the start of the year. Since then, SAM shares have decreased by 24.5% and is now trading at $381.49.
View the best growth stocks for 2022 here
.

Are investors shorting Boston Beer?

Boston Beer saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 875,200 shares, an increase of 14.7% from the July 15th total of 763,100 shares. Based on an average daily volume of 175,500 shares, the short-interest ratio is presently 5.0 days. Currently, 9.3% of the company's stock 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, October 20th 2022.
View our SAM earnings forecast
.

How were Boston Beer's earnings last quarter?

The Boston Beer Company, Inc. (NYSE:SAM) posted its earnings results on Thursday, July, 21st. The company reported $4.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.23 by $0.92. Boston Beer had a negative net margin of 2.91% and a positive trailing twelve-month return on equity of 8.60%. During the same period in the previous year, the business earned $4.72 EPS.

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

Boston Beer updated its FY 2022 earnings guidance on Friday, July, 29th. The company provided earnings per share (EPS) guidance of $6.00-$11.00 for the period, compared to the consensus EPS estimate of $11.67. 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).

What is Boston Beer's stock symbol?

Boston Beer trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAM."

Who are Boston Beer's major shareholders?

Boston Beer's stock is owned by many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (11.31%), FMR LLC (10.53%), State Street Corp (2.01%), Citadel Advisors LLC (0.00%), Candlestick Capital Management LP (0.98%) and Loomis Sayles & Co. L P (0.78%). Insiders that own company stock include Bryant R Riley, C James Koch, Carolyn L O'boyle, Cormorant Asset Management, Lp, Cynthia A Fisher, David A Burwick, David A Burwick, David L Grinnell, David L Grinnell, Frank H Smalla, Jean Michel Valette, John C Geist, John C Geist, Lesya Lysyj, Mark A Turner, Matthew Donal Murphy, Quincy B Troupe, Quincy B Troupe, Samuel A Calagione III and Tara L Heath.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Boston Beer's stock price today?

One share of SAM stock can currently be purchased for approximately $381.49.

How much money does Boston Beer make?

Boston Beer (NYSE:SAM) has a market capitalization of $4.68 billion and generates $2.06 billion in revenue each year. The company earns $14.55 million in net income (profit) each year or ($4.83) on an earnings per share basis.

How many employees does Boston Beer have?

The company employs 2,543 workers across the globe.

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.
Read More
When was Boston Beer founded?

Boston Beer was founded in 1984.

How can I contact Boston Beer?

Boston Beer's mailing address is ONE DESIGN CENTER PLACE SUITE 850, BOSTON MA, 02210. The official website for the company is www.bostonbeer.com. The company can be reached via phone at (617) 368-5000 or via fax at 617-368-5500.

This page (NYSE:SAM) was last updated on 8/19/2022 by MarketBeat.com Staff

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