Boston Beer (NYSE:SAM) Releases Earnings Results, Misses Estimates By $0.47 EPS

Boston Beer (NYSE:SAM - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($1.68) EPS for the quarter, missing analysts' consensus estimates of ($1.21) by ($0.47), Zacks reports. Boston Beer had a net margin of 3.82% and a return on equity of 11.76%. The company had revenue of $429.25 million for the quarter, compared to the consensus estimate of $389.17 million. Boston Beer updated its FY 2025 guidance to 8.000-10.500 EPS.

Boston Beer Stock Performance

Shares of NYSE SAM traded down $0.24 during mid-day trading on Friday, reaching $243.80. The company had a trading volume of 412,325 shares, compared to its average volume of 213,562. Boston Beer has a twelve month low of $222.27 and a twelve month high of $339.77. The stock's 50 day moving average is $257.33 and its 200-day moving average is $280.37. The stock has a market capitalization of $2.80 billion, a PE ratio of 35.85, a price-to-earnings-growth ratio of 1.23 and a beta of 1.06.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on SAM shares. Citigroup cut their price objective on shares of Boston Beer from $335.00 to $290.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 15th. Piper Sandler cut their price target on Boston Beer from $275.00 to $240.00 and set a "neutral" rating on the stock in a report on Wednesday. Needham & Company LLC assumed coverage on Boston Beer in a report on Friday, December 6th. They set a "hold" rating on the stock. StockNews.com raised Boston Beer from a "hold" rating to a "buy" rating in a research note on Tuesday. Finally, Morgan Stanley cut their target price on Boston Beer from $290.00 to $270.00 and set an "equal weight" rating on the stock in a research note on Wednesday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Boston Beer has a consensus rating of "Hold" and an average target price of $293.40.

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About Boston Beer

The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names.