Boston Beer - SAM Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Beer in the last year. There are currently 3 sell ratings, 10 hold ratings and 3 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.

16 brokerages have issued twelve-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 $355.80 in the next year. This suggests that the stock has a possible downside of 8.5%.
View analysts price targets for SAM or view top-rated stocks among Wall Street analysts.

Boston Beer's stock was trading at $505.10 on January 1st, 2022. Since then, SAM shares have decreased by 23.0% and is now trading at $388.72.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our SAM earnings forecast.

The Boston Beer Company, Inc. (NYSE:SAM) posted its quarterly earnings data on Thursday, October, 20th. The company reported $3.82 EPS for the quarter, topping analysts' consensus estimates of $3.16 by $0.66. The firm had revenue of $596.45 million for the quarter, compared to the consensus estimate of $566.42 million. Boston Beer had a net margin of 1.31% and a trailing twelve-month return on equity of 9.55%. The business's quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.97 earnings per share.

Boston Beer updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $7.00-$10.00 for the period, compared to the consensus earnings per share estimate of $8.33. 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."

Boston Beer's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.21%), BlackRock Inc. (6.50%), State Street Corp (2.04%), The Manufacturers Life Insurance Company (1.31%), Epoch Investment Partners Inc. (1.19%) and Jacobs Levy Equity Management Inc. (1.16%). Insiders that own company stock include Annette N Fritsch, 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.

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.

One share of SAM stock can currently be purchased for approximately $388.72.

Boston Beer (NYSE:SAM) has a market capitalization of $4.78 billion and generates $2.06 billion in revenue each year. The company earns $14.55 million in net income (profit) each year or $2.14 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.