NYSE:SAM - Boston Beer Stock Price, Forecast & News

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

Boston Beer Company Inc (NYSE:SAM) issued its quarterly earnings data on Tuesday, October, 29th. The company reported $3.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.79 by $0.79. The firm had revenue of $378.47 million for the quarter, compared to analyst estimates of $364.66 million. Boston Beer had a net margin of 10.06% and a return on equity of 20.99%. View Boston Beer's Earnings History.

Boston Beer is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Boston Beer.

Boston Beer updated its FY19 earnings guidance on Tuesday, October, 29th. The company provided earnings per share (EPS) guidance of $8.70-9.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.25.

12 brokerages have issued 12 month target prices for Boston Beer's stock. Their forecasts range from $275.79 to $462.00. On average, they expect Boston Beer's share price to reach $392.82 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for Boston Beer.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Beer in the last year. There are currently 2 sell ratings, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Boston Beer.

News coverage about SAM stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Boston Beer earned a news sentiment score of 2.2 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Boston Beer.

Some companies that are related to Boston Beer include Molson Coors Brewing (TAP), TSINGTAO BREWER/S (TSGTY), San Miguel (SMGBY), Compania Cervecerias Unidas (CCU), Craft Brew Alliance (BREW), New Age Beverages (NBEV), Big Rock Brewery (BRBMF) and Athena Silver (AHNR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Boston Beer investors own include AutoZone (AZO), CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Intuitive Surgical (ISRG), Endologix (ELGX), Micron Technology (MU), Netflix (NFLX), Starbucks (SBUX) and Allergan (AGN).

Boston Beer's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (0.30%), TrimTabs Asset Management LLC (0.03%), Assenagon Asset Management S.A. (0.02%), State of Alaska Department of Revenue (0.01%), 6 Meridian (0.01%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own Boston Beer stock include C James Koch, David A Burwick, David L Grinnell, Frank H Smalla, Jean Michel Valette, John C Geist, Martin F Roper, Matthew Donal Murphy and Quincy B Troupe. View Institutional Ownership Trends for Boston Beer.

SAM stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, State of Alaska Department of Revenue and TrimTabs 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, Frank H Smalla, Jean Michel Valette, John C Geist, Matthew Donal Murphy and Quincy B Troupe. View Insider Buying and Selling for Boston Beer.

SAM stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Boston Trust Walden Corp and 6 Meridian. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of SAM stock can currently be purchased for approximately $386.60.

Boston Beer has a market capitalization of $4.65 billion and generates $995.65 million in revenue each year. The company earns $92.66 million in net income (profit) each year or $7.47 on an earnings per share basis. Boston Beer employs 1,543 workers across the globe.View Additional Information About Boston Beer.

The official website for Boston Beer is http://www.bostonbeer.com/.

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.