Boston Beer (SAM) News Today

Boston Beer (NYSE:SAM - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $4.39 earnings per share for the quarter, missing the consensus estimate of $4.99 by ($0.60). The company had revenue of $579.10 million for the quarter, compared to analysts' expectations of $597.33 million. Boston Beer had a net margin of 4.60% and a return on equity of 10.11%. The business's quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $4.72 EPS.

Roth Mkm reduced their target price on shares of Boston Beer from $395.00 to $389.00 and set a "buy" rating on the stock in a research note on Friday.

Boston Beer (NYSE:SAM) Shares Gap Down on Disappointing Earnings

Natixis purchased a new position in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,000 shares of the company's stock, valued at approximately $3,044,000. N

Russell Investments Group Ltd. boosted its holdings in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 63.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,364 shares of the comp

Seven Eight Capital LP increased its position in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 160.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,940 shares of t

Ontario Teachers Pension Plan Board purchased a new position in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,950 s

Boston Beer (NYSE:SAM) will be releasing earnings after the market closes on Thursday, July 25, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=607790)

Deutsche Bank Aktiengesellschaft raised their price target on shares of Boston Beer from $273.00 to $283.00 and gave the company a "hold" rating in a research report on Wednesday.

The Boston Beer Company, Inc. (NYSE:SAM - Get Free Report) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 278,800 shares, a decline of 15.8% from the June 15th total of 331,100 shares. Currently, 3.1% of the company's shares are short sold. Based on an average daily trading volume, of 214,000 shares, the short-interest ratio is presently 1.3 days.

The Boston Beer Company, Inc. (NYSE:SAM - Get Free Report) has been assigned a consensus recommendation of "Hold" from the fourteen ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have ass

Molson Coors Beverage Co. (NYSE: TAP) stock recently fell to 52-week lows as it struggled to maintain any bounce attempts. The negative trajectory took over its

Capstone Investment Advisors LLC bought a new stake in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 3,912 shares of the company's stock, valued at approx

Constellation Brands is one of the largest alcohol companies in the US. Its beer segment strengthened while wine and spirits weakened in its latest earnings.

Vanguard Group Inc. raised its stake in The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 918,502 shares of the company's stock after buying an additional 21,060 shares

Los Angeles Capital Management LLC trimmed its position in The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 28.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,655 shares of the

Centre Asset Management LLC boosted its holdings in The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 10.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,897 shares of the company's stock after acquiring an additional 2,5

The Boston Beer Company, Inc. (NYSE:SAM - Get Free Report) has earned a consensus recommendation of "Hold" from the fourteen brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and

StockNews.com lowered shares of Boston Beer from a "buy" rating to a "hold" rating in a research note on Wednesday.

Southernsun Asset Management LLC trimmed its holdings in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 107,212 shares of the company's stock after selling 1

Armistice Capital LLC purchased a new position in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 62,211 shares of the company's stock, valued at approximately $21,499,00

Morgan Stanley upgraded Boston Beer from an "underweight" rating to an "equal weight" rating and set a $290.00 target price for the company in a research note on Wednesday.

Norges Bank purchased a new position in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 40,161 shares of t

TD Asset Management Inc raised its position in The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 7.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,500 shares of the company'