The Boston Beer Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Boston Beer in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" The Boston Beer stock. 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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Wall Street analysts have given The Boston Beer a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Boston Beer wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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The Boston Beer is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for The Boston Beer.

The Boston Beer Company, Inc. (NYSE:SAM) issued its earnings results on Wednesday, July, 21st. The company reported $4.75 earnings per share for the quarter, missing analysts' consensus estimates of $7.00 by $2.25. The firm earned $602.80 million during the quarter, compared to the consensus estimate of $657.65 million. The Boston Beer had a net margin of 11.14% and a trailing twelve-month return on equity of 23.08%. The firm's quarterly revenue was up 33.3% on a year-over-year basis. During the same period in the previous year, the business posted $4.88 earnings per share.
View The Boston Beer's earnings history.

The Boston Beer's stock was trading at $341.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SAM shares have increased by 105.5% and is now trading at $701.00.
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The Boston Beer issued an update on its FY21 earnings guidance on Thursday, July, 22nd. The company provided earnings per share (EPS) guidance of $18.00-22.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $24.56.

13 Wall Street analysts have issued twelve-month target prices for The Boston Beer's stock. Their forecasts range from $685.00 to $1,500.00. On average, they anticipate The Boston Beer's stock price to reach $1,111.50 in the next year. This suggests a possible upside of 58.6% from the stock's current price.
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34 employees have rated The Boston Beer CEO Dave Burwick on Glassdoor.com. Dave Burwick has an approval rating of 100% among The Boston Beer's employees. This puts Dave Burwick in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to The Boston Beer include Carlsberg A/S (CABGY), Kirin (KNBWY), Tsingtao Brewery (TSGTY), Molson Coors Beverage (TAP), San Miguel (SMGBY), Compañía Cervecerías Unidas (CCU), NewAge (NBEV), Big Rock Brewery (BRBMF), China New Borun (BORNY) and Mendocino Brewing (MENB).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The Boston Beer investors own include NVIDIA (NVDA), Netflix (NFLX), AutoZone (AZO), Chipotle Mexican Grill (CMG), Tesla (TSLA), BlackRock (BLK), The Walt Disney (DIS), Intuitive Surgical (ISRG), Mastercard (MA) and The Boeing (BA).

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

The Boston Beer's stock is owned by a number of institutional and retail investors. Top institutional investors include Oregon Public Employees Retirement Fund (0.04%), New Mexico Educational Retirement Board (0.02%), IFM Investors Pty Ltd (0.01%), Bright Rock Capital Management LLC (0.01%), Bruderman Asset Management LLC (0.00%) and Focused Wealth Management Inc (0.00%). Company insiders that own The Boston Beer stock include Bryant R Riley, C James Koch, Cormorant Asset Management, Lp, Cynthia A Fisher, David A Burwick, David L Grinnell, Frank H Smalla, Jean Michel Valette, John C Geist, Lesya Lysyj, Mark A Turner, Matthew Donal Murphy, Quincy B Troupe, Samuel A Calagione III and Tara L Heath.
View institutional ownership trends for The Boston Beer.

SAM stock was purchased by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Oregon Public Employees Retirement Fund, Bright Rock Capital Management LLC, New Mexico Educational Retirement Board, Focused Wealth Management Inc, and Bruderman Asset Management LLC. Company insiders that have bought The Boston Beer stock in the last two years include Bryant R Riley, and Cormorant Asset Management, Lp.
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Shares of SAM 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 $701.00.

The Boston Beer has a market capitalization of $8.61 billion and generates $1.74 billion in revenue each year. The company earns $191.96 million in net income (profit) each year or $14.68 on an earnings per share basis.

The Boston Beer employs 2,423 workers across the globe.

The following companies are subsidiares of The 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.

The Boston Beer was founded in 1984.

The official website for The Boston Beer is www.bostonbeer.com.

The Boston Beer is headquartered at ONE DESIGN CENTER PLACE SUITE 850, BOSTON MA, 02210.

The 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.