Boston Beer (SAM) Stock Price, News & Analysis

Company Overview

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. The company markets and sells its products to a network wholesaler in the United States, as well as wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other e-commerce retail outlets. It sells its products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.

Key Stats

• Today's Range: $307.62 to $311.31
• 50-Day Range: $269.40 to $324.10
• 52-Week Range: $254.40 to $371.65
• Volume: 108,939 shs
• Average Volume: 156,866 shs
• Market Capitalization: $3.55 billion
• P/E Ratio: 45.46
• Dividend Yield: N/A
• Price Target: $314.82
• Consensus Rating: Hold

Boston Beer Stock Analysis - MarketRank™

Boston Beer scored higher than 81% of companies evaluated by MarketBeat, and ranked 48th out of 138 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Boston Beer has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 2 buy ratings, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Boston Beer has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 20.96%

Earnings Growth

Earnings for Boston Beer are expected to grow by 20.96% in the coming year, from $9.97 to $12.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Boston Beer is 45.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boston Beer is 45.46, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.97.

Price to Earnings Growth Ratio

Boston Beer has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Boston Beer has a P/B Ratio of 3.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.38% of the float of Boston Beer has been sold short.

Short Interest Ratio / Days to Cover

Boston Beer has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boston Beer has recently decreased by 2.22%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Boston Beer does not currently pay a dividend.

Dividend Growth

Boston Beer does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -2.52

Percentage of Shares Shorted

4.38% of the float of Boston Beer has been sold short.

Short Interest Ratio / Days to Cover

Boston Beer has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boston Beer has recently decreased by 2.22%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.30

News Sentiment

Boston Beer has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Boston Beer this week, compared to 8 articles on an average week.

Search Interest

7 people have searched for SAM on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Boston Beer insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $53,378.00 in company stock.

Percentage Held by Insiders

24.00% of the stock of Boston Beer is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

81.13% of the stock of Boston Beer is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SAM Stock Analysis - Frequently Asked Questions

How have SAM shares performed this year?

Boston Beer's stock was trading at $345.59 at the beginning of 2024. Since then, SAM stock has decreased by 10.5% and is now trading at $309.16.
View the best growth stocks for 2024 here.

How were Boston Beer's earnings last quarter?

The Boston Beer Company, Inc. (NYSE:SAM) announced its quarterly earnings data on Thursday, July, 25th. The company reported $4.39 EPS for the quarter, missing analysts' consensus estimates of $4.99 by $0.60. Boston Beer's revenue was down 4.0% compared to the same quarter last year.

Does Boston Beer have any subsidiaries?

The following companies are subsidiaries of Boston Beer: Dogfish Head Brewery, American Craft Brewery LLC, American Fermentation Company LLC, Angry Orchard Cider Company LLC, A&S Brewing Collaborative LLC, Boston Beer Corporation, Boston Beer Corporation Canada Inc., and others.

Who are Boston Beer's major shareholders?

Top institutional investors of Boston Beer include FMR LLC (4.36%), State Street Corp (2.55%), Geode Capital Management LLC (1.29%) and Fisher Asset Management LLC (1.10%). Insiders that own company stock include Samuel A Calagione III, David A Burwick, Carolyn L O'boyle, John C Geist, David L Grinnell, Annette N Fritsch and Quincy B Troupe.
View institutional ownership trends.

How do I buy shares of Boston Beer?

Shares of SAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Boston Beer own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Boston Beer investors own include Humana (HUM), American Water Works (AWK), NVIDIA (NVDA), Salesforce (CRM), Voyager Therapeutics (VYGR), Waste Connections (WCN) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 7/25/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Malt beverages
• Sub-Industry: Brewers
• Current Symbol: NYSE:SAM
• CUSIP: 10055710
• CIK: 949870
• Web: www.bostonbeer.com
• Phone: (617) 368-5000
• Fax: 617-368-5500
• Employees: 2,793
• Year Founded: 1984

Price Target and Rating

• Average Stock Price Target: $314.82
• High Stock Price Target: $389.00
• Low Stock Price Target: $250.00
• Potential Upside/Downside: +1.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.09
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.80
• Trailing P/E Ratio: 45.46
• Forward P/E Ratio: 31.01
• P/E Growth: 1.22
• Net Income: $76.25 million
• Net Margins: 3.82%
• Pretax Margin: 5.66%
• Return on Equity: 11.76%
• Return on Assets: 8.73%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.03
• Quick Ratio: 1.42

Sales & Book Value

• Annual Sales: $2.00 billion
• Price / Sales: 1.77
• Cash Flow: $15.47 per share
• Price / Cash Flow: 19.99
• Book Value: $89.07 per share
• Price / Book: 3.47

Miscellaneous

• Outstanding Shares: 11,485,000
• Free Float: 8,729,000
• Market Cap: $3.55 billion
• Optionable: Optionable
• Beta: 1.06