Boston Beer - SAM Stock Forecast, Price & News

14 Wall Street 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 3 buy ratings for the stock. The consensus among Wall Street 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.
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14 brokers have issued 12-month target prices for Boston Beer's shares. Their SAM share price forecasts range from $251.00 to $520.00. On average, they anticipate the company's share price to reach $350.69 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
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Boston Beer's stock was trading at $505.10 on January 1st, 2022. Since then, SAM stock has decreased by 34.9% and is now trading at $328.94.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our SAM earnings forecast.

Boston Beer will be holding an earnings conference call on Thursday, October 20th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

The Boston Beer Company, Inc. (NYSE:SAM) released its quarterly earnings results on Thursday, July, 21st. The company reported $4.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.29 by $0.98. The firm earned $616.24 million during the quarter, compared to the consensus estimate of $647.10 million. Boston Beer had a positive trailing twelve-month return on equity of 8.60% and a negative net margin of 2.91%. During the same period in the previous year, the firm posted $4.72 EPS.

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

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.

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).

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

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.
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One share of SAM stock can currently be purchased for approximately $328.94.

Boston Beer (NYSE:SAM) has a market capitalization of $4.04 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.

The company employs 2,543 workers across the globe.

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.