The Boston Beer Company, Inc. (NYSE:SAM) Given Consensus Rating of “Reduce” by Analysts

Shares of The Boston Beer Company, Inc. (NYSE:SAM) have received a consensus rating of “Reduce” from the twelve analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation and ten have issued a hold recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $235.6364.

Several analysts recently issued reports on SAM shares. Roth Mkm set a $315.00 price target on shares of Boston Beer in a report on Friday, May 1st. Wall Street Zen raised shares of Boston Beer from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Royal Bank Of Canada cut their price target on shares of Boston Beer from $245.00 to $242.00 and set a “sector perform” rating on the stock in a report on Friday, May 1st. Evercore set a $240.00 price target on shares of Boston Beer in a report on Friday, May 1st. Finally, Jefferies Financial Group set a $230.00 price target on shares of Boston Beer in a report on Friday, May 1st.

Institutional Trading of Boston Beer

Institutional investors and hedge funds have recently bought and sold shares of the company. Quent Capital LLC acquired a new stake in Boston Beer during the third quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new stake in Boston Beer during the first quarter valued at approximately $37,000. Flagship Harbor Advisors LLC acquired a new stake in Boston Beer during the fourth quarter valued at approximately $35,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Boston Beer by 154.9% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock valued at $49,000 after buying an additional 141 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its stake in Boston Beer by 4,780.0% during the third quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock valued at $52,000 after buying an additional 239 shares in the last quarter. Institutional investors and hedge funds own 81.13% of the company’s stock.

Boston Beer Stock Up 2.3%

SAM stock opened at $190.39 on Monday. The stock’s 50 day moving average is $223.56 and its two-hundred day moving average is $215.84. Boston Beer has a 52-week low of $169.98 and a 52-week high of $264.46. The company has a market capitalization of $1.98 billion, a PE ratio of -30.22, a P/E/G ratio of 2.39 and a beta of 0.88.

Boston Beer (NYSE:SAM) last released its earnings results on Thursday, April 30th. The company reported $1.64 EPS for the quarter, missing the consensus estimate of $1.96 by ($0.32). Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. The business had revenue of $433.93 million for the quarter, compared to analysts’ expectations of $436.06 million. During the same quarter last year, the company posted $2.16 earnings per share. The business’s quarterly revenue was down 4.4% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, sell-side analysts anticipate that Boston Beer will post 9.77 EPS for the current year.

Boston Beer Company Profile

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.