Free Trial
NYSE:SAM

Boston Beer (SAM) Stock Price, News & Analysis

Boston Beer logo
$302.77 -5.82 (-1.89%)
(As of 12/20/2024 05:31 PM ET)

About Boston Beer Stock (NYSE:SAM)

Key Stats

Today's Range
$302.74
$310.47
50-Day Range
$273.74
$324.10
52-Week Range
$254.40
$371.65
Volume
302,860 shs
Average Volume
151,906 shs
Market Capitalization
$3.48 billion
P/E Ratio
44.53
Dividend Yield
N/A
Price Target
$314.82
Consensus Rating
Hold

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.

Boston Beer Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
80th Percentile Overall Score

SAM MarketRank™: 

Boston Beer scored higher than 80% of companies evaluated by MarketBeat, and ranked 45th out of 148 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Boston Beer has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 2 buy ratings, 9 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Boston Beer has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Boston Beer's stock forecast and price target.
  • 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 44.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Boston Beer is 44.53, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.96.

  • Price to Earnings Growth Ratio

    Boston Beer has a PEG Ratio of 1.21. 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 3.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.67% 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 2.5, 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 12.32%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Boston Beer does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    3.67% 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 2.5, 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 12.32%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Boston Beer has a news sentiment score of 0.37. 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 0.74 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.
  • 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 $55,666.00 in company stock.

  • Percentage Held by Insiders

    23.30% 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.

  • Read more about Boston Beer's insider trading history.
Receive SAM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Boston Beer and its competitors with MarketBeat's FREE daily newsletter.

SAM Stock News Headlines

Boston Beer backs FY24 adjusted EPS view $8.00-$10.00, consensus $8.98
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.
Boston Beer amends production deal, cuts guidance
Boston Beer (SAM) Receives a Buy from Piper Sandler
Boston Beer: Checking My Thesis
See More Headlines

SAM Stock Analysis - Frequently Asked Questions

Boston Beer's stock was trading at $345.59 on January 1st, 2024. Since then, SAM shares have decreased by 12.4% and is now trading at $302.77.
View the best growth stocks for 2024 here
.

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

Boston Beer subsidiaries include these companies: 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.

Boston Beer's top institutional shareholders 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
.

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.

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
12/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Malt beverages
Sub-Industry
Brewers
CUSIP
10055710
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
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
12 Analysts

Profitability

Net Income
$76.25 million
Pretax Margin
5.66%

Debt

Sales & Book Value

Annual Sales
$2.00 billion
Cash Flow
$15.30 per share
Book Value
$89.07 per share

Miscellaneous

Free Float
8,809,000
Market Cap
$3.48 billion
Optionable
Optionable
Beta
1.07

Social Links

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

This page (NYSE:SAM) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners